Outlining the progress India has made in free trade agreements, Barthwal pointed out that a lot of countries were approaching India to sign FTAs, and the country would also consider its strategic needs before signing these agreements.
India open to more FTAs; focus to go beyond trade: Commerce secretary
Higher imports by India, the world’s biggest buyer of vegetable oils, would help top producers Malaysia and Indonesia bring down stocks and support Malaysian prices.
No proposal to put import restrictions on more electronic goods at present: Commerce Secy
2 years ago
There is no proposal at present to impose import restrictions on more electronic goods. The government decided to impose import curbs on laptops, personal computers and certain more electronic devices from November 1 on security grounds to reduce imports from nations like China and boost domestic manufacturing.
India received nearly 700 applications from bidders with which it shares land borders for public procurement contracts as of June 30, with 110 pending for review by various ministries. In 2020, India amended public procurement norms to allow any eligible bidder from a border-sharing country to participate in procurement only if they are registered with […]
The portal for which European Union has raised data privacy concerns has details of MSMEs of every G20 member including the sectors and products they deal with. Some G20 members have also had apprehensions with the digitisation goal, which involves transparency provisions.
Officials said that the utilisation of the India-Australia Economic Cooperation and Trade Agreement (ECTA) is as high as 90% in around 113 products especially labour intensive items where duties were reduced to nil from 5% under the pact. “90% of the exports of these products to Australia are happening through the FTA (free trade agreement) […]
Professional services firm, MSKA Associates, will take over as the statutory auditor of Adani Ports & SEZ (APSEZ) following Deloitte’s resignation, which was prompted by differences over several transactions with APSEZ management. MSKA & Associates has been hired until the next APSEZ annual general meeting, to be held in 2024. The resignation of Deloitte increases […]
Pineapples from Meghalaya are exported to Abu Dhabi. Meghalaya has a diverse range of agro-climatic conditions which results in a variety of agricultural and horticultural products. Being grown by local communities in traditional manner, these crops are mostly naturally organic. These factors attribute towards the produce from the state slowly being recognised for their unique […]
Adani Ports auditor Deloitte to resign following differences over recording of transactions
2 years ago
Deloitte Haskins & Sells LLP has communicated to Adani Ports & Special Economic Zone Ltd. its resignation plans and a formal announcement is expected in coming days, one of the people said, asking not to be identified discussing a sensitive matter.
“The domestic production of edible oilseeds increased marginally. However, domestic consumption/demand for edible oils has been increasing at a pace faster than that of production due to growth in population and improvement in the living standards of people i.e. around 10 lakh tonnes per annum,” she said.