February 17, 2026
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India’s trade deficit improved in 2023-24, but it needs to watch its FTAs to fix persistent imbalances

June 1, 2024 Export - Import, Economy, Trade, Trending News
India’s overall exports reached USD 778.2 billion in 2023-24, compared to USD 776.4 billion in 2022-23. While the country’s merchandise exports dipped by 3 percent to USD 437.06 billion, services exports rose to USD

Govt holds Chintan Shivir on FTA strategy, SOP for trade negotiations

May 29, 2024 EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : Department of Commerce holds Chintan Shivir on FTA Strategy and SOP for Trade Negotiations Economic Assessment and Modelling of FTAs, Services and Digital Trade in FTAs, and Leveraging India’s FTAs to

Israel to abolish free trade deal with Turkey, impose 100% tariff on Turkish imports : Finance Minister

May 18, 2024 Import, Economy, Trade, Trending News
JERUSALEM : Israeli Finance Minister Bezalel Smotrich on Thursday said Israel would abolish its free trade agreement with Turkey and also impose a 100 per cent tariff on other imports from Turkey in retaliation

India-South Korea CEPA to begin in May or June 2024

April 25, 2024 Economy, COMMERCE, EXPORT, Global Trade, Trade, Trending News
NEW DELHI : India and South Korea will begin a fresh round of negotiations to upgrade the CEPA (Comprehensive Economic Partnership Agreement) in May-June after the conclusion of the 10th round of negotiation earlier

PMO likely to review and adopt 100-day agenda for next government this month including FTAs with UK and Oman

April 12, 2024 Trade, Economy, Infrastructure, Trending News
NEW DELHI : The Prime Minister’s Office (PMO) is likely to review and adopt a 100-day agenda later this month for the next government, which is being piloted by India’s think-tank NITI Aayog, a senior

Engineering exports got benefits from FTAs, helps to double shipments to Russia : EEPC

March 28, 2024 Trade, EXPORT, Trending News
NEW DELHI : Exports of Engineering goods this year have benefitted from the FTAs with UAE and Australia and change in direction of trade flows brought about by the geo-political realignments. While engineering exports

India-EFTA pact : India to phase out import duties on chocolates, watches, textiles, smartphones

March 12, 2024 Trending News, Export - Import, Global Trade, Trade
NEW DELHI : Duties on substantial number of goods imported from EFTA countries–Switzerland, Norway, Iceland and Liechtenstein–including  chocolates, watches, smartphones, olive oil, corn flakes, machinery, textiles, medicines, cod liver oil, tuna, trout and salmon, will

India will try to ensure that the guiding principles of WTO are maintained at the WTO MC13 : Piyush Goyal

February 24, 2024 Trade, COMMERCE, Global Trade, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal said that the government does not rush to conclude trade negotiations because Free Trade

Indian Govt is looking for dealing with EU countries that could draw $100 billion investment

February 8, 2024 Business, Global Trade, Trending News
NEW DELHI : India is about to finalise a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion over 15 years in exchange for easier

High tariffs among reasons behind weak exports : GTRI

January 3, 2024 Export - Import, Economy, Trade, Trending News
NEW DELHI : The reasons behind India’s weaker export performance include higher tariffs in India and lower tariffs in its FTA partner countries, think tank Global Trade Research Initiative (GTRI) said in a report
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