Tensions between Canada and India have risen following the assassination of a Sikh advocate. Canada is investigating allegations that Indian government agents were involved, but India has dismissed the claims. Canada is home to a significant Sikh population, with about 1.4 million people of Indian origin residing there. Trade between the two countries amounts to […]
A look at Canada and India and their relationship, by the numbers
The Indian government is working on a new legislative framework for ports that aims to improve transparency in port tariffs and update penalties for offenses. The proposed Indian Ports Bill, 2023, will empower the Maritime States Development Council (MSDC) to promote integrated planning between states and the central government.
The Indian government has introduced mandatory quality norms for solder wires used in the electronics and engineering industry. The move aims to curb the import of sub-standard goods and promote domestic manufacturing. The Department for Promotion of Industry and Internal Trade (DPIIT) issued a notification stating that solder wires must bear the Bureau of Indian […]
The diplomatic dispute between Canada and India regarding the murder of a Sikh leader could potentially harm their growing economic ties. India is a significant source of foreign students for Canadian colleges and universities, and Canadian pension managers have invested billions of dollars in Indian companies and projects. Although the impact on trade is expected […]
On Tuesday, New Delhi dismissed the allegations as “absurd”, and asked Canada instead to crack down on anti-India elements operating in its territory.
Prime Minister Rishi Sunak’s spokesperson at 10 Downing Street in London was asked about the impact the India-Canada diplomatic row may have on India-UK bilateral relations, after a government spokesperson said the UK remains in “close touch” with the Canadian authorities over the issue.
India Canada tensions: The recent diplomatic tensions between India and Canada are unlikely to have a significant impact on their trade and investment relations, according to experts. The economic ties between the two countries are driven by commercial considerations, and they trade in complementary products rather than competing on similar products. Bilateral trade has been […]
Malaysia to discuss rice export curbs with India
2 years ago
Like other countries in Asia, Malaysia has seen lower supplies and an increase in rice prices in recent weeks as hot weather threatens harvests, with countries led by top exporter India restricting shipments to curb inflation and ensure food security.
India is planning to impose customs duties on telecom components in a phased manner to discourage imports and promote domestic manufacturing. The Department of Telecommunications is considering an initial 10% import duty from January, increasing to 15% by October next year. The move is part of the government’s Phased Manufacturing Programme, which aims to boost […]
Kolkata Port offers 25pc rebate on reefer power charges to boost perishable cargo exports
2 years ago
Kolkata Port, also known as Syama Prasad Mookerjee Port, is offering a 25% discount on reefer container electricity charges for perishable exports at Kolkata Dock System. The aim is to attract exporters from the eastern and northeastern regions who currently use other ports. The discount will help boost exports of perishables by maintaining the freshness […]