India opposes fragmentation of multilateral trading system and inclusion of non-trade topics at WTO MC13
ABU DHABI : The thirteenth Ministerial Conference of the World Trade Organization (WTO) began in Abu Dhabi on 26 February. On the opening day, the Indian delegation was led by Commerce Secretary Shri Sunil
Trade balance with Europe moves into deficit in FY24
NEW DELHI : India’s trade balance with Europe has moved into negative territory over the first three quarters of FY24, with imports exceeding exports during the period. This is a reversal from FY22 and
India’s January exports up 3%, trade deficit at a 9-month low despite Red Sea crisis
NEW DELHI : India’s merchandise trade deficit narrowed to $17.49 billion in January, lowest in nine months, as exports edged up by 3.1 percent year-on-year despite the ongoing crisis in the Red Sea disrupting trade as
Inter-ministerial panel on Red Sea Crisis to meet Today
NEW DELHI : The high-level inter-ministerial group on the Red Sea Crisis, chaired by Commerce Secretary Sunil Barthwal, will meet onThursday amid shipment delays and increase in cargo transport costs. This is the second meeting of the group that has
Piyush Goyal encourages constructive feedback and collaborative engagement to shape policies and effectiveness of PLI Scheme
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal encouraged industry’s constructive feedback and collaborative engagement to shape the policies, procedures and effectiveness
Govt working on SEZ reforms : Commerce Secretary
NEW DELHI : The government is working on reforms in the Special Economic Zone (SEZ) domain so that movement of goods between domestic tariff area (DTA) and SEZ space is carried out smoothly without
DGFT calls for e-commerce boost to transform India into a global leader in gold jewellery exports
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has urged the Gem & Jewellery Export Promotion Council to popularise jewellery exports through e-commerce and to position India as a top supplier, design
Red Sea crisis: Commerce Ministry asks DFS to maintain credit flow to exporters
NEW DELHI : The Commerce Ministry has asked the Department Of Financial Services (DFS) under the Ministry of Finance to maintain credit flow to exporters amid disruptions in the Red Sea route that could
