Commerce Ministry seeks ₹2.5K cr more to back exporters
NEW DELHI : The Commerce Ministry has sought an additional ₹2,500 crore to settle arrears related to its interest rate equalization scheme that aims to alleviate stress among exporters by compensating them for a portion
India’s exports to EU worth USD 1.3 bn to be impacted by EU’s deforestation regulation
NEW DELHI : Indian exports of products like coffee, leather hides and paperboard worth USD 1.3 billion annually to the European Union will get impacted due to the deforestation regulation adopted by the EU earlier this week,
Russia and Iran sign ‘Rasht-Astara Railway’ deal for strategic new rail link
MOSCOW / TEHRAN : Russia and Iran have agreed a deal to finance and build a railway providing a strategically significant new link in the region. The Rasht-Astara link is seen as an important link in
Japan to help build industrial value chain linking B’desh Port & India’s NorthEast
NEW DELHI : Japan wants to achieve more synergy between its development cooperation in India’s northeastern states and neighbouring Bangladesh, including using the Matarbari Sea Port to create a new industrial value chain, Japanese Ambassador
Ahead of joining BRICS, Iraq issues ban on U.S. Dollar transactions
TEHRAN : The Interior Ministry of Iraq issued a ban on U.S. dollar transactions across the country. Iraq is one among the 24 countries that have shown interest to join the BRICS alliance and accept the
EU’s CBAM no tariff barrier to trade : Piyush Goyal
NEW DELHI : Shri Piyush Goyal, the Commerce and Industry Minister on Tuesday said that the intention of the EU’s Carbon Border Adjustment Mechanism (CBAM) is not to create a barrier to trade and the
India and EFTA take further steps towards a new Trade and Partnership Agreement (TEPA)
BRUSSELS : Following is the text of Press Communique issued at the conclusion of talks between Shri Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles,
30 countries now ready to accept BRICS currency
SHANGHAI : A growing number of countries are showing interest to join the BRICS Alliance and accept the new currency. BRICS could soon become BRICS+ as the South African Ambassador, Anil Sooklal hinted that