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Trade and Commerce

TREND | 08 Oct 2024

Importers Of High-End Furniture, Electronics, Leather Goods Under ED Scanner

NDTV Profit

An initial estimate suggests over Rs50,000 crore have been sent to China-based seller through hawala transactions by these importers.

Trade and Commerce

TREND | 07 Oct 2024

India, Maldives sign currency swap agreements; agree to discuss FTA

Business Standard

India extended two currency swap agreements to the Maldives, including an agreement worth $400 million and another worth Rs 3,000 crore, to help the island nation's access to foreign currency

Trade and Commerce

TREND | 05 Oct 2024

WTO Leadership Race Kicks Off Next Week, Earlier Than Usual

NDTV Profit

A monthlong appointment process will begin Oct. 8, and then each candidate has until Feb. 8 to lobby WTO member countries for support.

Trade and Commerce

TREND | 04 Oct 2024

India-US totalisation pact, GSP restoration will need to wait till after US elections: Goyal

Business Line

India will continue to have dialogue with the US but a totalisation agreement will take time, says the Commerce Minister

Many in India consider only government job as a job, rest all is work: Goyal

Business Line | 04 Oct 2024

Trade and Commerce

TREND | 03 Oct 2024

US port strike to hit Indian textile, pharma, auto part exports, push costs up 3x: GTRI

Economic Times

The ongoing strike at 14 major ports in the US is causing significant delays in unloading and processing shipments from India. This impacts goods like textiles, pharmaceuticals, and auto parts. The strike could lead to higher costs and longer transit times for Indian exporters who are already facing challenges. The backlog is expected to increase further.

Trade and Commerce

TREND | 02 Oct 2024

Ongoing West Asia war, US strike keep Indian exporters under pressure

Business Standard

Among the other West Asian countries-Iran, Iraq, Israel, Jordan, Lebanon, Syria and Yemen-the value of the trade with Iraq and Israel is the highest.

Majority of Indian businesses view UK as key market for expansion

Business Standard | 02 Oct 2024 2 more

Trade and Commerce

TREND | 02 Oct 2024

India, US may discuss laptop import regime, totalisation pact, non-tariff barriers at high-level meetings

Business Line

Commerce Minister Goyal's meetings with USTR Tai, US Commerce Secy Raimondo to add further impetus to bilateral trade & investment ties, says CentreCommerce Department

Trade and Commerce

TREND | 02 Oct 2024

Steel Ministry calls for urgent measures, doubling customs duty to counter Chinese steel surge

Business Line

India-ASEAN FTAs being used to route lower priced metal from China

Trade and Commerce

TREND | 28 Sep 2024

Jan-Jun FTAs in India at 4.78 mn, B'desh, US top sources: Tourism ministry

Business Standard

Foreign tourist arrivals (FTAs) in India from January to June stood at nearly 4.78 million, with Bangladesh and the US being the top two source countries, according to official data issued by the Ministry of Tourism. The data sheet was shared on Friday on the occasion of the World Tourism Day and figures showed that inbound tourism in the country is trailing the pandemic levels. The ministry shared the figures for the month of June as well as for the January-June period. The FTAs in June 2024 were 7,06,045 as compared to 6,48,008 in June 2023 and 7,26,446 in June 2019 registering a growth of nine per cent and a fall of 2.8 per cent with respect to 2023 and 2019 respectively, according to the data. "The FTAs during the period January-June 2024 were 47,78,374 as compared to 43,80,239 in January-June 2023 and 52,96,025 in January-June 2019, registering a growth of 9.1 per cent and minus 9.8 per cent with respect to 2023 and 2019 respectively," it added. According to a data chart on t

India lifts ban on export of non-basmati white rice

Business Line | 28 Sep 2024 2 more

Trade and Commerce

TREND | 27 Sep 2024

DEA monthly review cites e-commerce report panned by Commerce Min

Business Today

A month after Piyush Goyal disassociated himself from a report on e-commerce, the Department of Economic Affairs in the Finance Ministry has cited its findings in its latest monthly economic review