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A US delegation led by chief negotiator Brendan Lynch will visit India from June 1-4 to finalise details of the interim trade pact and advance broader bilateral trade agreement negotiations covering tariffs, market access, investment, critical minerals, energy cooperation and supply chains
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India and the European Union have concluded official-level negotiations for a long-pending free trade agreement, paving the way for expanded trade, duty-free access for key sectors and deeper economic integration, with a formal announcement expected at the India-EU Summit
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Commerce and Industry Minister Piyush Goyal will visit Brussels on October 27–28 to meet EU Trade Commissioner Maros Sefcovic. The visit aims to accelerate India–EU FTA talks and provide political direction for a comprehensive and balanced trade deal
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The Commerce Ministry has proposed a Rs 25,000 crore plan to support small exporters in labour-intensive sectors with WTO-compliant schemes. The mission aims to improve trade finance, reduce costs, diversify markets, and strengthen India’s export competitiveness amid rising global tariffs
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Trade talks on the India-US bilateral agreement continues, with the sixth negotiation round scheduled for August 24 in India
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A team from India’s Commerce Ministry is set to visit Washington for trade negotiations with the US. Talks aim to resolve tariff disputes on key sectors like dairy, autos, and steel as both nations work toward a bilateral trade pact
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It would be a win-win situation as farmers and cancer patients would get benefited, he said. “From the NBA, we can only make recommendations.
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The commerce ministry has recommended anti-dumping duty of up to USD 243 per tonne of import of Chinese glass used in home appliances with a view to guard domestic players
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The government has decided not to allow exports of basmati rice below USD 1,200 per tonne to restrict possible "illegal" shipment of white non-basmati rice
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According to Chairman, diamonds constitute more than 55 per cent of the overall gems and jewellery export basket.
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New Delhi: India’s gold imports, which have a bearing on the country’s current account deficit (CAD), surged by about 73 per cent to USD 45.1 billion during April-February this fiscal on account of higher demand, according to official data. The imports stood at USD 26.11 billion in April-February 2021. In February 2022, however, imports of […]
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New Delhi: Gold imports, which have a bearing on the current account deficit, zoomed to $6.91 billion (Rs 51,438.82 crore) during April-May 2021 due to low base effect in the wake of the Covid-19 pandemic, according to data from the Commerce Ministry. Imports of the yellow metal had plunged to $79.14 million (Rs 599 crore) […]
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Imports too rose by over three-fold to $45.45 billion last month as against $17.09 billion in April 2020.
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The commerce ministry is holding stakeholder consultations for the formulation the next foreign trade policy (FTP) for five years (2020-25). It is expected to be rolled out in April.
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Besides, the policy proposes development of short-term training courses for creation of a talented workforce, and promotion of green logistics enterprises and infrastructure.
