Engaged with China to resume border trade: India

Engaged with China to resume border trade: India

3 months ago
India has confirmed ongoing discussions with China to restart border trade via key transit points, which had been suspended due to the 2020 Ladakh standoff. Negotiations are reportedly in advanced stages to resume direct flight services, signaling efforts to mend bilateral relations strained by the military clashes. Recent measures include India’s resumption of tourist visas […]
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India Exim Bank projects merchandise exports to amount to USD 108.1 bn in Q2 of FY26

3 months ago
India Exim Bank projects a 4.5% rise in total merchandise exports, reaching USD 108.1 billion, for July-September FY26. Non-oil exports are expected to grow by 5.2% to USD 92.1 billion. This growth is attributed to a base effect, strong manufacturing, favorable trade negotiations, and expansionary monetary policy, though risks remain from global trade uncertainties and […]
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Finance ministry’s expenditure finance committee to take up ₹2,250-cr export promotion mission

3 months ago
The Finance Ministry will soon consider a proposal from the Commerce Ministry. The proposal involves setting up a ₹2,250 crore export promotion mission. This mission aims to boost exports. It will likely include credit schemes for MSMEs and e-commerce exporters. Overseas warehousing and global branding are also planned. This initiative is crucial due to US […]
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India’s trade negotiators to strategise for WTO this month

3 months ago
Indian trade negotiators are set to convene later this month to strategize for the upcoming WTO ministerial conference and prepare for the country’s trade policy review next year. The focus will be on WTO reform, particularly restoring the dispute settlement mechanism and consensus-based decision-making. India also aims to address trade distortions caused by non-market economies […]
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Bengaluru Airport exports record 31.5 lakh mangoes to 51 global destinations

3 months ago
Bengaluru’s Kempegowda International Airport saw a successful mango export season. The airport shipped 921 metric tonnes of mangoes, equivalent to 31.5 lakh fruits. This represents a 12% increase compared to last year. The mangoes came from Karnataka and nearby areas. Shipments reached 51 international destinations, including 19 new locations. Top destinations included Dulles, Dallas-Fort Worth, […]
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India negotiates trade pacts on equal footing, with adequate firmness: Jitin Prasada

3 months ago
India is now negotiating free trade agreements with other nations on an equal footing, reflecting the country’s strengthened position under Prime Minister Modi. Minister Prasada highlighted India’s firm stance during FTA negotiations, emphasizing the nation’s rapid economic growth. The inauguration of the expanded Intellectual Property Office in Dwarka signifies India’s commitment to innovation and intellectual […]
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Govt should flag EUDR as non-tariff barrier at WTO: Parliamentary panel to govt

3 months ago
A parliamentary panel suggests India raise concerns about the EU’s anti-deforestation rules at the WTO. They want a review of free trade agreements’ effects on the spice trade. The committee urges promoting ‘Make in India’ for leather goods to protect artisans. They highlight the need to safeguard Indian spice farmers’ interests in trade deals.
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