Commerce and industry minister Piyush Goyal Monday said that exports of gems and jewellery, textiles and leather goods, which are India’s strength areas, are currently under stress. At an event organised by the Bombay Chamber of Commerce and Industry, he also said that Europe and the US are under stress, commodity prices and demand have […]
India’s strength exports under stress as world moves to recession: Piyush Goyal
In a policy circular, the Directorate General of Foreign Trade (DGFT) said it has received representations from SEZs units highlighting issues being faced by them due to these restrictions. Accordingly, it is “clarified” that imports of these products by SEZ units “are outside the purview” of the July 12 notification, the Directorate General of Foreign […]
The UK will now seek to ratify the agreement, which will include parliamentary scrutiny as the CPTPP member countries complete their legislative processes to admit Britain into the trading bloc – of which India is not a member. “I’m delighted to be here in New Zealand to sign a deal that will be a big […]
While the commerce department has favoured duty concessions under the proposed bilateral free trade pact with the EU, MeitY has opposed any such move citing it to be detrimental to the country’s aim to become a manufacturing hub and production-linked incentive (PLI) schemes rolled out for the tech sector to reduce dependence on China.
With the FTA negotiations gaining momentum, the visit aims to further propel the discussions and pave the way for a comprehensive and mutually beneficial agreement that would drive economic growth and strengthen ties between the two countries.
Finance Minister Nirmala Sitharaman and Canadian Deputy Prime Minister Chrystia Freeland on Sunday discussed the progress being made on ongoing bilateral trade negotiations. The two ministers met on the sidelines of the 3rd Finance Ministers and central bank governors meeting in Gandhinagar, Gujarat.
India and Indonesia have launched an economic and financial dialogue aimed at enhancing bilateral trade and investment, infrastructure development, and financial services. Both countries will discuss issues of common interest to enhance their relationship, including cooperation in digital technology, payment systems, and using more local currencies.
The directorate general of foreign trade (DGFT), had on Wednesday, notified that the import policy for unstudded jewellery made of gold, and other articles made of gold was amended to “restricted” from “free” except imports under the India-UAE free trade agreement.
More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinational corporations. The rules are widely considered outdated as digital giants like Apple or Amazon can book profits in low-tax countries.
Energy, food security, and defence could very well be the focus areas when Prime Minister Narendra Modi touches down in Abu Dhabi for a day-long visit to the UAE on Saturday during which the two strategic partners will review the progress after they inked a landmark trade agreement. However, in the larger scheme of things, […]