Willing to step-up dialogue, China on lifting export curbs on rare earth metals to India

4 months ago

China has hinted at potential discussions with India regarding export restrictions on rare earth materials, expressing a willingness to enhance dialogue and cooperation with various nations to ensure stable industrial supply chains. This follows concerns in India about shortages affecting automobile and semiconductor manufacturing.

India’s May palm oil imports surge 84% m/m to hit six-month high

4 months ago

India’s palm oil imports surged to a six-month peak in May, driven by attractive pricing compared to soyoil and sunflower oil, alongside dwindling inventories. This surge propelled overall vegetable oil imports to 1.19 million tons, the highest since December. Anticipated increased palm oil imports in June, potentially reaching 850,000 tons, are expected due to the […]

India open to mutually beneficial arrangements on QCOs with trusted partners: Piyush Goyal

4 months ago

India is open to mutually beneficial arrangements with trusted trading partners regarding quality standards, according to Commerce and Industry Minister Piyush Goyal. India aims to promote the manufacturing of quality goods through Quality Control Orders (QCOs), ensuring equal treatment for both domestic and foreign suppliers.

India’s goods, services exports may cross $900 billion this year: Piyush Goyal

4 months ago

Commerce and Industry Minister Piyush Goyal anticipates India’s goods and services exports to surpass USD 900 billion in 2025-26, even amidst global economic uncertainties. Despite challenges like the Russia-Ukraine conflict and the Red Sea crisis, India’s exports reached a record USD 825 billion in 2024-25.

US trade pact set for early finish: Piyush Goyal

4 months ago

India and the US are progressing towards a trade agreement. The target is before fall 2025. Piyush Goyal highlights India’s strong position with existing FTAs with various nations. Discussions are ongoing with the US, EU, Peru, Chile, and Oman for further trade agreements. Goyal notes the world recognizes India’s growing economic strength.

India-EU Free Trade Agreement feasible by end of 2025: S Jaishankar

4 months ago

External Affairs Minister S Jaishankar has expressed optimism about the India-EU Free Trade Agreement (FTA) negotiations, stating that significant progress has been made and the year-end timeline for completion seems feasible. He highlighted the broad scope of India-EU relations, encompassing defence, security, and talent mobility.

‘Cutting red tape in India key to Swiss investments’: Helene Budliger Artieda

4 months ago

Switzerland’s state secretary for economic affairs, Helene Budliger Artieda, emphasized the need for a better regulatory environment and reduced red tape in India to attract Swiss investments, particularly concerning the $100 billion commitment under the EFTA trade agreement.

Five chapters finalised in India-EU FTA

4 months ago

India and the EU concluded five chapters, including intellectual property and trade facilitation, during the 11th round of FTA talks in New Delhi. Discussions also addressed easing certification processes under India’s Quality Control Orders.

India has ‘no basis’ to seek WTO consultations on auto tariffs: US

4 months ago

The United States has declined India’s request for consultations at the World Trade Organization regarding American tariffs on automobiles and auto parts. Washington claims the tariffs are based on national security grounds, not safeguard measures. India had sought discussions after the US imposed a 25% tariff. This dispute arises as India and US are negotiating […]

Logistics firm Allcargo Gati launches 24-hour air delivery service to 8 cities

5 months ago

Allcargo Gati Ltd has broadened its air services by introducing a 24-hour air delivery service to eight major metro cities. This expansion, supported by connectivity to 34 airports, caters to industries like pharmaceuticals and electronics. The Air Express service offers late cut-off times and next-day delivery, strengthening Allcargo Gati’s network and enhancing its position as […]

Willing to step-up dialogue, China on lifting export curbs on rare earth metals to India

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