The WTO said its projections for world trade take into account factors like the impact of the war, sanctions on Russia and shrinking worldwide demand amid lower business and consumer confidence Topics World Trade organisation | Russia Ukraine Conflict | economic growth AP | PTI | Geneva Last Updated at April 12, 2022 23:18 IST The World Trade Organisation…Continue Reading
NEW DELHI: India is set to lower import duty on dates, metals, cement, cooking gas and crude oil from the UAE as part of the free trade agreement (FTA) that is expected to be implemented from May. The details of the deal unveiled on Sunday during commerce & industry minister Piyush Goyal’s visit to the…Continue Reading
The free trade agreement between India and the UAE is likely to come into effect from May 1 this year, under which domestic exporters of as many as 6,090 goods from sectors like textiles, agriculture, dry fruits, gem and jewellery would get duty-free access to the UAE market, Commerce and Industry Minister Piyush Goyal said…Continue Reading
SynopsisIf we draw an adjusted trend line, the levels of 16,133 may act as an most immediate support levels for Nifty.Shutterstock.comThe domestic equity market continued to stay on tenterhooks on Friday as geopolitical tensions refused to fade. Headline index Nifty opened lower and ended the day on a negative note despite some pullback during the…Continue Reading
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SynopsisIndia and the UAE on February 18 signed the comprehensive economic partnership agreement (CEPA) with a view to boosting bilateral trade in goods to USD 100 billion over a five-year period and creation of lakhs of jobs.ANIUnion minister of commerce & industry Piyush Goyal with UAE minister of economy Abdulla bin Touq Al Marri after…Continue Reading
WASHINGTON: The US trade deficit in goods widened to a record high in December amid a continued rise in imports, suggesting that trade likely remained a drag on economic growth in the fourth quarter. But the report from the commerce department on Wednesday also showed an acceleration in the pace of inventory accumulation at retailers…Continue Reading
Beijing: India and China achieved a major milestone this year when their bilateral trade crossed the landmark figure of USD 100 billion but it did not generate any fanfare in both capitals as the two Asian giants are going through a “particularly bad patch” in their relations due to a set of actions by Beijing…Continue Reading
Ministry of Commerce & Industry Regional Trade Agreements Posted On: 08 DEC 2021 6:35PM by PIB Delhi India currently has 11 Free Trade Agreements (FTAs)/Regional Trade Agreements (RTAs) with other countries/regions. In addition, it has 6 limited coverage Preferential Trade Agreements (PTAs). The details are as under: Free Trade Agreements (FTAs) S.No. Name of the…Continue Reading
The deal between Washington and New Delhi brings all seven countries into a transition arrangementThe U.S. Trade Representative’s office said on Wednesday it is moving to terminate its trade retaliation case against India after Washington and New Delhi agreed on a global tax deal transition arrangement that will withdraw India’s digital services tax.USTR said the…Continue Reading