In July, the RBI had unveiled a mechanism to settle international transactions in rupee to promote the growth of global trade, with emphasis on exports from India
Both countries have re-affirmed continued cooperation in joint projects including the West coast refinery, LNG infrastructure investment and development of strategic petroleum storage facilities
The policy will be implemented through a Comprehensive Logistics Action Plan (CLAP), which will include key action areas
Gatishakti, National Logistics Policy to take India towards a new work culture, says Modi
After the UK deal, the next in line will be a deal with Canada that both nations aim to finalise by December
In comparison, India's overall non-petroleum exports grew 8 per cent during May-July while overall exports grew 15.1 per cent during the same period
PM Modi will also launch ULIP that will enable integration with existing data sources of ministries, as well as data exchange with private players
External demand for key commodities such as engineering goods, gems and jewellery, and textiles fell in August
Rupee trade mechanism with Russia to start soon, says FIEO
The move is expected to create employment opportunities in small cities and increase the export of services
Given that India is currently negotiating trade deals with the UK, Canada and EU, is the decision to stay out of Indo-Pacific Economic Framework a step in the wrong direction? Find the answers here
Govt wants this in place to build trust before making network available to public
The policy is being brought in tandem with Prime Minister's ambitious GatiShakti national master plan
Experts said that opting out is a step in the right direction as India may not be prepared enough to handle negotiations dealing with issues such as labour, environment standards and digital trade
India to wait for final contours before formally associating with IPEF trade pillar, says Goyal
Asserts Indian exports not impacted by GSP, says India looking to have very contemporary and modern digital laws, while maintaining high levels of data privacy
The policy could throw light on how India may want to be integrated into the global value chain, for which realignment has started, and factors that have affected the integration
India's goods and services exports crossed $675 billion in the last financial year and the government has set a target of achieving $750 billion for 2022-23
Finance ministry to meet stakeholders on Wednesday
Say India is better placed even as exports decline