Tag: trade
Switzerland scraps MFN clause in tax treaty with India
New Delhi: Switzerland announced that it will suspend the most favoured nation (MFN) clause in its Double Tax Avoidance Agreement (DTAA) with India effective January…
OECD raises India’s FY25 growth forecast to 6.8%
The Organization for Economic Co-operation and Development (OECD) Tuesday raised India’s economic growth forecast for 2024-25 to 6.8% from 6.6% in May, driven by strong…
Plan in works to prioritise EFTA investments
New Delhi: India is developing a mechanism to prioritise investments from the members of the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland…
India’s services exports to outpace goods by FY30, cut US tech giants’ dominance for growth: GTRI
New Delhi: India’s services exports are expected to reach $618.21 billion by FY30, edging past merchandise exports, which are projected at $613.04 billion, think tank…
Christmas orders push October goods exports to a 2-year high of 17.3%
New Delhi: India’s merchandise exports surged 17.3% on year – the highest in 28 months – to $39.2 billion in October, driven by improved demand…
Q3 goods exports seen growing 1.85% on-yr: EXIM Bank
Led by sustained momentum in economic activity and improving demand prospects in trading partners supported by expected global monetary easing, India’s merchandise exports are likely…
BRICS nations agree to boost trade, financial settlement in local currencies
Kazan: BRICS nations on Wednesday agreed to strengthen trade and financial settlement in local currencies, study feasibility of an independent cross-border settlement and depositary infrastructure,…
At WTO, India breathes fire over Dragon’s trade policies
New Delhi: India has questioned several moves by China at the World Trade Organisation (WTO), turning the heat on non-transparent subsidies that lead to an…
trade deficit: India’s trade deficit for September narrows sequentially to $20.78 bn
India‘s trade deficit widened to $20.78 billion on an annual basis in September from $20.08 billion in the same month last year, data from the…
India-Canada diplomatic row: No immediate impact on trade ties
New Delhi: India doesn’t expect an immediate impact on its trade ties with Canada due to the disrupted diplomatic relations and there is nothing to…