Page 19 - Shreya Nandi

Commerce department examining steel ministry request on safeguard duty

Safeguard duty is a temporary tariff barrier imposed by a country to protect its domestic industry from surge in imports

India, Australia outline path for early conclusion of comprehensive FTA

New Delhi and Canberra discussed several critical areas of the proposed agreement, including trade in goods, services, mobility, agri-tech cooperation, among others

Political turmoil unlikely to impact Korea's trade with India for now

During the first six months of the current financial year, India exported goods worth $2.87 billion to South Korea, while imports stood at $10.62 billion

Beyond the missed deadlines, India-UK FTA talks at a tricky turning point

India and the UK are set to relaunch free trade agreement talks next month under Keir Starmer's Labour Party, facing critical challenges including unresolved issues and shifting political priorities

Potential shifts in US trade policy to affect trade in 2025: Unctad

Tariffs imposed on specific segments of global value chains often have a ripple effect, impacting not only the targeted industries and countries, but also the entire value chain

India eyes opportunity in US-China trade war under Trump's presidency

Govt identifies electronics, pharma, textiles, auto parts, and chemicals as sectors primed to benefit

Sustainability measures in trade adding to economic uncertainties: Govt

FTAs need to take a holistic view of the commercial significance they hold for the country and emphasise the importance of looking at goods, services, and investment together

India readies various strategies to tackle 'US first' trade policy

The government is closely assessing Trump's election speeches and actions during his previous tenure, the official told Business Standard

Trump friend of India, don't foresee any problem after his takeover: Goyal

The Union minister's comments come amid apprehensions that the new US administration may impose some tariffs on Indian goods

India-France trade balanced but 'suboptimal', it should grow: Piyush Goyal

He called for a greater collaboration with France in the defence sector and also underlined that India's robust patent-protected regime does not insist on technology transfer

India-UK FTA talks likely to restart in January amid complex issues

Issues like labour, environment remain tricky as talks may begin in Jan

India ready for global challenges, set to be third-largest economy: Goyal

The Indian currency has held its position as one of the least volatile among major currencies, and the forex reserves stand at about $675 billion-among the five largest in the world, the minister said

Goyal urges industry to raise quality standards, appoint representatives

Calls on industry leaders to partner government in easing compliance and decriminalising biz laws

Govt prepares city logistics plan for Delhi, Bengaluru to tackle pollution

Thakur noted that the plan aligns with the government's Ease of Doing Business (EoDB) agenda and India's goal of achieving carbon Net Zero by 2070

India, UK to relaunch FTA talks in 2025, 'address remaining issues'

Announcement follows first meeting between Prime Minister Modi and his British counterpart during G-20 summit in Brazil

PLI scheme subsidy payouts to eligible companies remain in the slow lane

The government has disbursed close to Rs 4,000 crore or around a fourth of its annual subsidy payment estimate to the eligible beneficiaries under the 14 PLI schemes

Laptop import cut of 5% in works; govt wants no supply disruption

The caveat assumes significance in context of the govt's announcement of its plan in Aug 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China

India's FTA with Oman hits deadlock over revision in market access offer

Government officials said that the negotiations were completed earlier in March and revising India's offer would mean restarting inter-ministerial consultations to firm up India's revised stance

India-China bilateral trade hits $10.7 billion in October, contracts 0.46%

Out of India's top 10 import partners, inbound shipments from the United Arab Emirates (UAE) grew at the fastest pace in October

India-US trade not hit by regime changes: Commerce Secretary Sunil Barthwal

Since 2001, the US has shown a steady and growing demand for goods from India, with imports rising significantly