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
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
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
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
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 […]
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) […]
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.
Besides, the policy proposes development of short-term training courses for creation of a talented workforce, and promotion of green logistics enterprises and infrastructure.
