International Trade

External Affairs Minister S Jaishankar met Swift's CEO Javier Perez-Tasso here on Monday and said they discussed the importance of facilitating smooth and efficient global commerce, and also exchanged views on geopolitical challenges in this context. Headquartered in Belgium, Swift is a globally inclusive organisation that serves institutions and individuals all over the world, according to its website. In a post shared on X, Jaishankar said, "Glad to meet SWIFT CEO Javier Perez-Tasso in New Delhi today. Discussed the importance of facilitating smooth and efficient global commerce. "Also exchanged views on geopolitical challenges in this context. @swiftcommunity.

Alleges trade secret theft, seeks import ban, and at least $1 billion in damages; Zetwerk dismisses claims as retaliatory

Since 2023, Mumbai-based IRClass has de-classed 235 ships from its registry, mainly oil tankers and also a few gas carriers, the non-profit organisation's Executive Chairman Arun Sharma said

The Indian commerce ministry's early assessment suggests India's exports to Oman can grow to $7 billion within two years

Even as Iran and the US have agreed to a ceasefire for the next two weeks, the West Asia conflict’s huge impact on India’s air carriers is evident

The EU must resist Trump's pressure on trade and tech rules to protect sovereignty, democracy, and fair global markets, despite potential short-term costs

DPIIT cites ONDC, welfare board efforts as alternatives to formal policy

Global trade could shrink by 3-7 per cent and global gross domestic product by 0.7 per cent, with developing countries the worst affected, the International Trade Centre said

The tacit reason for QCOs is to prevent substandard goods from China that many worry are flooding Indian markets

Drawing a contrast between the US's approach to Canada and its stance on Russia, Trudeau remarked: 'Make that make sense'

The people in the US who are imbued with free trade as a philosophy are concerned about the growing impediments to global trade

The results were "driven by relatively stable growth in payments volume, cross-border volume and processed transactions, plus strong momentum across new flows and value-added services," Chief

India-US trade ties have taken a positive turn under Biden administration

Our stated policy is to prevent excessive volatility of the rupee, said Reserve Bank of India governor Shaktikanta Das

Efficient logistics and paperless system are critical to boost international trade, and strong connectivity is key to foster trade and economic development, Commerce Secretary Sunil Barthwal has said. However, while making such efforts to bolster connectivity projects, it is essential to build trust as well as transparency in the cooperative efforts, he said addressing meeting of Ministers of Shanghai Cooperation Organization (SCO) on Thursday. The secretary noted that it is of utmost importance that "we uphold the principles of SCO Charter including respect for sovereignty and territorial integrity of the member states." "Barthwal focused on the importance of efficient logistics for international trade, in which, paperless trading is a critical step towards streamlining cross-border transactions," the commerce ministry said in a statement. He congratulated Pakistan for its Presidency of the Heads of Government of the SCO and welcomed Belarus on becoming the new member of the ...

"Buyers and importers from 72 countries across continents including Europe, Africa, North America, Latin America and Oceania are expected to participate in the five-day event," a senior official said

International trade right now is bringing back memories of the Cold War. What can be India's role in it?

South Korea is hoping that the negotiations will conclude before the possible visit of Yoon Suk Yeol, the South Korean President, to India

Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30 per cent for corporates largely dealing in international trade, a report said on Friday. Moreover, the working capital cycle is likely to aggravate by 15-20 days, and the impact could be higher for sectors such as agriculture and textiles, credit ratings agency Ind-Ra said in its report. Working capital cycle refers to the period between payments made to suppliers and revenue received from sales. The report also said that pressures on cash flow, although moderate for large entities, will further increase borrowings, especially for sectors such as iron and steel, auto and auto ancillaries, chemicals and textiles, which have seen a year-on-year rise in net leverage in the first half of the current fiscal. "The challenge is significant for the entities having low value addition therefore thin margins. Although large entities have adequate elbow room to accommodate such ...

The Red Sea crisis has led to a 122% rise in freight costs in the last few months, according to ICRA