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Amid global headwinds, Indian exporters hope to tide over slowdown

Say India is better placed even as exports decline

Exports fall 1% in August to $33 billion; trade deficit remains elevated

"Conservative" merchandise export target set at $450 billion in FY23, says commerce secretary. Department's internal target remains $470 billion

Indian exports to China dip by a third in April-August to $6.8 billion

China became India's fourth largest export destination during the period, slipping from the second position during the same period a year ago

Goyal to attend IPEF ministerial in US next week; focus on trade ties

To meet US commerce seretary, trade representative in Los Angeles next week

India's core sector output growth slows to six-month low of 4.5% in July

The growth in these eight sectors witnessed double digits growth in May and June at 19.3% and 13.2%, respectively

Naveen Patnaik urges industry to invest in Odisha ahead of flagship summit

The conclave, which is being organised after a gap of four years, will be held between November 30 and December 4 in its third edition

Goyal reviews ongoing FTAs; deliberates ways to fast track negotiations

India is currently negotiating trade deals with developed nations such as the United Kingdom (UK), Canada and the European Union (EU).

ONDC to soon open up for beta-testing for public in limited areas

Since April-end, ONDC has been testing with a closed user group for end-to-end execution.

Will consider importing vegetables, other edible items from India: Pakistan

It looks to import vegetables and other essential food items amid devastating floods

Looking at duty-free access for ODOP products in FTAs: Piyush Goyal

The minister also called for integration of One District One Product initiative with ONDC

Govt assures bank support for smooth business through Chabahar port

Despite the port being exempted from Iranian sanctions for the development of Afghanistan and India's investment in the port, banks have been risk-averse

Department of Commerce to overhaul export scheme for services sector

The scheme is expected to be a part of the new foreign trade policy expected to be rolled out by the Directorate General of Foreign Trade next month, said people in the know

Trade settlement: Govt says banks free to not deal with sanctioned entities

There are over 200 banks in Russia, and sanctions have not been imposed on all of them

Trade with US, China: PHDCCI calls for mass production of commodities

In the fiscal year 2021-22, the US was India's largest trade partner, followed by China

At $4.3 bn, imports from Russia jump nearly 7 times in June: Govt data

Oil makes up 71% of total imports from the country

Huge opportunity for business in India's fintech space, says UKIBC

Negotiations for a trade deal between both nations started in January this year, and the deal is expected to be signed by Diwali

Healthy competition between states is the need of the hour: PM Modi

PM Modi said that while the Centre and the states may have different schemes, or a different style of working, dreams for a nation will still remain the same

Eye on FTAs, Centre turns to GSTN for services trade data mining

Currently, the value of exports and imports of services is released by the Reserve Bank of India (RBI) and it comes with a lag of over two months

India's trade deficit hits record $30 billion as exports struggle

Merchandise exports decline to a five-month low of $36.27 billion in July

Trade settlement in rupee: Fearing sanctions by West, banks seek clarity

Large banks with overseas operations have sought clarity and assurance from RBI that they will not be targeted with sanctions for facilitating rupee trade with a sanction-hit country such as Russia