Though exports of non-basmati white rice were banned on July 20 to boost domestic supply, exports are allowed on the basis of permission granted by the government to certain countries to meet their food security needs and on request.
India allows non-Basmati white rice exports to Nepal, 5 African nations
Setting quota for shipment of sugar doesn’t make it a ‘restricted’ category to claim benefits under the export-promotion scheme, rules Gujarat High Court
“After the pandemic, India is being seen as a long-term partner in manufacturing and an appealing investment destination for global corporations. It is one of the few economies that offers a combination of scale and multi-decade growth, driven by growing domestic consumption and infrastructure spends. So the opportunity for overseas businesses for strategic cooperation with […]
As stipulated in the decree, the Investment Promotion Council will have the power to make binding decisions on both central and local government bodies and entities in the quasi-public sector.
ICC focuses on India-Italy bilateral trade, appoints Vas Shenoy as its Chief Representative in Italy
2 years ago
The Chamber aims to prioritize Italy as a strategic country for Indian companies, following the recent consolidation of diplomatic ties between the Indian and Italian governments after visits of Italian Prime Minister Giorgia Meloni to India, an ICC statement said.
The VIII International Conference on Antimonopoly Policy at Moscow’s Skolkovo Innovation Center focused on enforcing competition laws in the pharmaceutical market. Representatives from Indian antitrust authorities expressed intent to support competition laws enforcement in information disclosure and patent regulation against global pharmaceutical monopolies.
China+1: India’s rise in global manufacturing challenges China’s dominance. From ‘Make in India’ to ‘Make for the World,’ Narendra Modi’s vision fuels India’s rejection of Chinese influence and the Asian nations is becoming a great candidate for China+1 strategy. As India gains ground, China’s decline signals a shift in global supply chains. However, India grapples […]
India and Oman begin talks on Free Trade Pact
2 years ago
Mineral fuels, inorganic chemicals, compounds of precious metals and iron and steel are India’s top exports to Oman while oil, fertilisers and plastics are the top imports.
In January this year, the government imposed a stock limit on tur and urad to prevent hoarding and unscrupulous speculation, and help improve affordability for consumers. While the restriction was to end on October 30, the government extended it till December-end.
Free Trade Agreement: India and the UK are engaged in crucial talks for a significant free-trade deal before general elections next year in India. The UK delegation, led by trade negotiations director Amanda Brooks and economic adviser Douglas McNeill, held discussions in New Delhi, aiming to expand a trading relationship exceeding $24 billion. Prime Minister […]