At the CII India-Latin America & Caribbean (LAC) Region Conclave, Piyush Goyal said that at the last WTO ministerial, many countries were trying to divide such countries through “small sops”.
Piyush Goyal cautions global south of rich nations’ ‘divide & rule policy’
Review exporter caution-listing: RBI Panel
3 years ago
The age-old mechanism of placing exporters who fail to bring in foreign exchange in time on the ‘caution list’ may be examined. An internal working group of the Reserve Bank of India (RBI) has recommended rationalisation of the caution-listing process, two persons told ET.
Ahead of a key ministerial conference of the World Trade Organization (WTO) early next year, commerce and industry minister Piyush Goyal cautioned emerging markets, developing countries and the least developed countries of the developed countries’ “game of dividing” them to get agreements on fisheries and e-commerce moratorium that address the needs of a few countries […]
The Indian high commission in Maputo has issued a press release to inform all exporters of tur/arhar dal in Mozambique that they can export it to India under ‘free category’ without any upper limit on quantities and without import duty till March 31, 2024.
Porter announces leadership restructuring
3 years ago
On-demand logistics firm Porter has restructured its key leadership as it embarks on the next phase of growth, appointing co-founder Uttam Digga as CEO, Pranav Goel as executive vice chairman and Shruti Ranjan Satpathy as chief product and technology officer. One of India’s leading logistics firms, Porter will continue to deliver reliable and cost-effective, tech-enabled […]
The ship management sector in India is poised for a compounded annual growth rate of over six per cent in the next few years, an official of the Hong Kong-headquartered Anglo-Eastern Group said. The growth of the sector would boost employment opportunities for Indian seafarers, its CEO Captain Bjorn Hojgaard said.
India’s July edible oil imports at record high
3 years ago
India’s edible oil imports hit a new record of 1.76 million metric tonnes in July, as refiners stockpiled ahead of upcoming festivals amid concerns over supplies from the Black Sea region. Higher imports could reduce sunflower oil stocks in other countries and also support benchmark futures for palm and soyoil. India’s monthly average edible oil […]
The Reserve Bank of India (RBI) has approved 34 applications from different Russian banks for opening special rupee vostro accounts in 14 Indian commercial lenders as of July 2, Parliament was informed on Wednesday. India’s trade with Russia has been affected by difficulties in payment due to western countries’ sanctions on major Russian banks, Minister […]
Russian wheat may shore up domestic stock
3 years ago
Prices have risen as the government has imposed stockholding limits and sold the grain in the open market to traders amid concerns about a shortfall in domestic production.