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
On March 26, the US adopted a safeguard measure in the form of a tariff increase of 25 per cent ad valorem on imports of passenger vehicles and light trucks, and on certain automobile parts from India
The mini-ministerial meeting will be held on the margins of the OECD (Organisation for Economic Co-operation and Development) Ministerial Council Meeting in Paris
Telangana Rythu Sangham district secretary Bontu Rambabu alleged that US Vice President JD Vance's visit was aimed at capturing the Indian agricultural market
Mary Ng, minister of export promotion, international trade and economic development, said that Canada was seeking formal consultations with the US regarding tariffs on steel and aluminum
Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.
He reiterated that the UK government, as it leaves the 27-member economic bloc, should be free to set its own rules and regulations and not face penalties.