Government plans weekly sectoral stress indicator to track trade and logistics disruptions as West Asia crisis raises input costs and supply chain concerns
Indian delegation to visit US capital to advance interim trade pact discussions as both sides seek clarity on tariffs and non-tariff barriers
Most SEZ-to-DTA supplies may miss out on duty relief, with industry flagging limited benefits and lack of clarity in the Centre's one-time concession scheme
Government reviews DVA violations under PLI schemes as firms struggle with localisation targets, highlighting gaps in supply chains and innovation capacity
This will give businesses greater predictability, says Goyal
Government is considering fresh measures, including freight support, to help exporters manage rising costs and disruptions caused by the ongoing West Asia crisis, says Goyal
India and the US will continue efforts to finalise an interim trade deal, even as a USTR report flags high tariffs and non-tariff barriers
One-year relief aims to boost SEZ manufacturing by allowing eligible units to utilise idle capacity in the domestic market amid global export volatility
A key area where member nations could not agree on was the moratorium on Customs duty on ecommerce
Ministerial ends without consensus on key issues including e-commerce tariffs and TRIPS, with talks set to continue in Geneva amid deep divisions among members
India has been resisting a long-term ecommerce duty moratorium citing concerns over revenue loss
India and the US discussed next steps in bilateral trade deal negotiations on the sidelines of WTO MC14, amid evolving tariff policies and global trade uncertainties
At WTO MC14, the US seeks to make the e-commerce duty moratorium permanent, while India resists, citing revenue loss concerns and the need for policy space
But maintains that the WTO, as a trade body, is not the appropriate forum for such matters
The US has called for a rethink of the MFN trade principle ahead of WTO's 14th ministerial meet, citing changing economic realities and concerns over reciprocity
WTO's 14th ministerial in Cameroon comes amid rising protectionism and geopolitical tensions, with India set to push key concerns on agriculture and trade reforms
Government launches ₹497 crore RELIEF scheme to support exporters hit by West Asia disruptions, offering risk cover and cost relief on freight and insurance
WTO's MC14 will see discussions on reforms, e-commerce rules, fisheries subsidies and public stockholding, with India expected to push for policy space and clarity
China became India's third-largest export destination in February, overtaking the Netherlands, even as overall exports declined and shipments to key markets weakened
Exports of goods grew 1.8 per cent year-on-year at $402.9 billion