G20 trade policy turning restrictive, says WTO
NEW DELHI : At a time when global goods trade is already slowing in the backdrop of rising interest rates and geo-political conflicts, trade measures introduced by G20 economies that account for 85 per
Red Sea attacks’ on ships potential impact on oil and gas shipping
LONDON : Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world’s main East-West trade route, following attacks launched by Yemen’s Houthi group on commercial ships at
Shippers have already diverted over $60 billion in cargo from the Red Sea amid fears of attacks
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in Yemen. Carriers are re-routing vessels as
India is in negotiation of FTA with EU, UK, Sri Lanka and Peru
NEW DELHI : India is negotiating Free Trade Agreements with the European Union (EU), the UK, Sri Lanka, and Peru, according to a year-end review statement of the Commerce Ministry. India-European Union (EU) free
Lok Sabha passes Bill to give immediate effect to Customs & Excise Duty proposals in Budget
NEW DELHI : The Lok Sabha on Tuesday passed a Bill that seeks to give immediate effect to the changes in customs and excise duties announced in the Budget. The House after a brief
Government of India and ADB sign $250 million loan for Industrial Corridor Development in India
NEW DELHI : The Government of India and Asian Development Bank (ADB) on 15th December 2023 signed a $250 million policy-based loan that will continue support to industrial corridor development to make manufacturing more competitive,
MoCI to help exporters maintain proper documentation to deal with cases
NEW DELHI : The Commerce Ministry(MoCI) has started an exercise to help Indian exporters keep proper documentation to deal with US countervailing duty cases on domestic products, an official said. As part of the
DP World partners with Invest India at 27th World Investment Conference
NEW DELHI : DP World is thrilled to partner with Invest India at the 27th World Investment Conference in New Delhi, where they showcased Bharat Mart, a mega-distribution hub that will support the exports