Canada pauses trade pact talks with India: Government official

Canada has paused talks with India for a trade agreement ahead of the G20 Summit meeting in New Delhi. The move is aimed at allowing both sides to assess progress and decide when negotiations will resume. The trade agreement, known as the India-Canada Early Progress Trade Agreement (EPTA), covers various areas including goods, services, investment, […]

India’s restrictions on rice exports have caused panic in the global market, with rice prices in Asia nearing a 15-year high. The anxiety over supply is justified as rice is a vital food source for billions of people. The onset of El Niño threatens to further disrupt the market, and if Thailand and Vietnam follow […]

The Indian government has extended its mandate to power plants to import coal until March as the country experienced the driest August in a little over 100 years, pushing electricity demand to a record high. Plants have been asked to import 4% of their supplies through March in a bid to avoid outages.

The commerce ministry has recommended anti-dumping duty of up to $243 per tonne of import of Chinese glass used in home appliances with a view to guard domestic players from cheap inbound shipments from China. Post a probe, DGTR said that the product was exported to India at a price which is below the normal […]

Singapore expressed gratitude towards India for exempting it from the rice ban. The Singapore Embassy in India thanked the Indian government for the “gesture of strong friendship” through a tweet. India recently decided to allow the export of rice to Singapore to meet its food security requirements. The ban on the export of non-basmati white […]

Speaking at the Indian Chamber of Commerce here, Sarangi said India is now a part of several multi-lateral groupings like Australia Group.

Director General of Foreign Trade (DGFT) Santosh Sarangi on Friday said that the government will go to the districts to enhance exports. Seventy districts in the country account for 80 per cent of the country’s exports total exports, he told reporters at the Indian Chamber of Commerce. In West Bengal, two districts – Darjeeling and […]

The bilateral trade between countries increased to USD 20.36 billion in 2022-23 from USD 17.5 billion in 2021-22.

The India Cellular and Electronics Association (ICEA) has announced the establishment of an Indo-US task force for electronics with the aim of increasing trade between the two countries to $100 billion over the next decade. The task force will focus on boosting trade, promoting innovation, creating jobs, and strengthening the partnership between India and the […]

India’s exports from Coimbatore have increased to $776 billion USD from $500 billion USD in just two years, despite challenges such as the recession and the Russia-Ukraine war, according to Union Commerce and Industry Minister Piyush Goyal. He attributed this growth to the efforts of Prime Minister Narendra Modi and the cooperative federalism between the […]