India rubBIShes China factories’ quality certification applications

These firms have now written to the government to seek certification for manufacturing units in other Asian nations, a senior government official said. But the government is reluctant to certify factories located even in some Asean countries with which it has a free-trade pact.

“We are in active dialogue with the EU and EFTA for a free trade agreement… I do believe that both of these are eminently doable and will significantly help us expand our engagement not only in trade in goods services, but also in investments, technology, tourism, innovation, and clean energy,” Goyal said at CII India-Nordic […]

India’s medical device exports to the UK are impacted by prolonged regulatory approval processes, according to think tank GTRI. To promote exports, India should negotiate a Mutual Recognition Agreement (MRA) to expedite the entry of medical devices into the UK market, particularly for devices with CDSCO license or Quality Council of India’s Indian Certification of […]

India’s oil imports reached a 10-month high in October due to OPEC’s share, as refiners bought more crude from Saudi Arabia and the UAE. However, Russia’s share of the Indian market fell to the lowest in nine months. India, the world’s third-biggest oil importer and consumer, typically relies on Middle Eastern producers, and has encouraged […]

“The state has given an order for 2.5 lakh tonnes of coal. We have issued orders by calling tenders. We will not disclose from where it will be brought. It will be imported coal, which generally comes from Indonesia. The rate is 86 USD per ton,” Gaurav Gupta said at a press conference.

India is developing sea protocols for fresh fruits and vegetables like bananas, mangoes, pomegranates, and jackfruit to promote their exports through ocean routes. The protocols include understanding voyage time, scientific understanding of ripening, harvesting timing, and farmer training.

Underlining the UK’s expertise in clean mobility solutions, the project, ASPIRE, has brought together UK-based NPTC Wales and Snap E, an electric taxi provider in Kolkata, to collaborate with the West Bengal government in providing training to women to drive electric cabs, it added.

India and Australia bolstered defence ties and strategic collaboration during their 2+2 Ministerial Dialogue, focusing on critical minerals, trade, and security. Discussions addressed China’s regional influence, with ministers emphasizing multifaceted relations spanning defense, trade, energy, and education. The meeting highlighted historical military cooperation, honoring fallen soldiers at the National War Memorial.

In a notification, the Directorate General of Foreign Trade (DGFT) said that those companies can obtain the physical delivery of the consignment through International Financial Services Centres Authority (IFSCA)-registered vaults located in special economic zones.