Karnataka attracted the most FDI in this space, followed by Telangana and Haryana. Flows into Karnataka were up more than 250% YoY
The trade between India and African countries has been balanced with exports of trade and services of about $40 billion and imports of $49 billion, Goyal said
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade
Imports jumped 57.55 per cent to a record $66.31 billion
It is not clear if the changes will be part of the existing FTP or the new policy that the DGFT hopes to unveil in Sept
The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery
Exporters said the move was a step towards acceptance of rupee as an international currency.
Preparing protocols for private users' access is crucial, as there is a need to keep in mind the data and national security concerns
Total number of approved startups at 73,205; Maharashtra's share is 18%
Keen to set its own economic course after Brexit, the UK was eager to quickly finalise a trade deal with India
Goyal has already been tasked with other pressing duties such as Leader of Rajya Sabha, which was given to him after his appointment as Sherpa
"For some reasons...the three corridors coming from the south have not been dealt with in an elaborate fashion," Sitharaman said
At the moment, only state and central government ministries and departments can access the portal to execute infrastructure projects in a time-bound manner
Some experts see significant positives, other believe problems associated with older policy will persist
Demand for items, such as steel, apparels, leather, iron ore has been lukewarm from some of India's largest export partners, such as the United States (US), European Union (EU)
Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities
The development comes in the backdrop of the small-scale implementation of ONDC over the last two months
Second edition of PLI scheme for textiles on the cards, with focus on apparels
There is no need to extend waiver on import duty of cotton after September, says minister.