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Trade and Commerce

TREND | 16 May 2025

APEC says 'concerned' over challanges to global trade

Economic Times

APEC ministers convened in South Korea, expressing concerns over global trade challenges amidst rising US tariffs. Despite differing views, they emphasized cooperation and the importance of the WTO, signaling a commitment to addressing economic uncertainties. While no joint response to US tariffs was discussed, South Korea seeks to mitigate impact through increased US LNG purchases and shipbuilding support.

Trade and Commerce

TREND | 15 May 2025

Editorial. UK-India FTA raises a cocktail of questions

Business Line

The grand-sounding tariff reduction by the UK on 99 per cent of tariff lines covering almost all of India's exports is not as great as it seems

US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans

Business Standard | 15 May 2025 2 more

Trade and Commerce

TREND | 15 May 2025

Tariff Row: India Open To Negotiations At WTO; Trade Talks With US Can Conclude By October: Sources

NDTV Profit

Most countries that have seen higher tariffs from US have approached the WTO. India is not unique in that sense, said top government officials.

Trade and Commerce

TREND | 15 May 2025

Exports rise 9% to $38.49 bn in April; trade deficit widens to $26.42 bn

Business Standard

Commerce Secretary Sunil Barthwal expressed optimism, saying he hopes India will continue to sustain the current export momentum

Trade and Commerce

TREND | 15 May 2025

Punjab to offer subsidy for setting up paddy straw-based boilers: Minister

Business Standard

The Punjab government will give capital subsidy to industries for setting up paddy straw-based boilers, Cabinet Minister Tarunpreet Singh Sond said here on Thursday. Industries and Commerce minister Sond said the state government has earmarked Rs 60 crore of funds as capital subsidy to support industries for using paddy straw as fuel in their boilers. This step will not only promote the use of paddy residue as a fuel in industries and help paddy straw management but will also supplement income of paddy growers, he said. "We have asked industries to use paddy straw in their boilers," said Sond while speaking to reporters here. This move will also help in reducing industries' reliance on coal being used as fuel to run boilers. Giving details of the scheme, Sond said the state government will provide a capital subsidy of Rs 1 crore for setting up a new paddy straw-based boiler having a capacity of 8 tonnes and Rs 2 crore of subsidy for 16-tonnes of boiler. He further said a subsidy