The Trump-led regime's stance on India's laptop and IT hardware import policy is expected to remain the same, he said, adding that India should take action if it deems fit.
Trump's return to power could also bring a fresh wave of scrutiny toward India. In October, he had cited it as the "biggest tariff charger" and has threatened reciprocal tariffs
Most depts, ministries likely to have agreed to proposal
The ministry of textiles is preparing the framework and has been in consultations with the industry to take into consideration its views
IES is an interest subvention scheme, under which benefits in the interest rates charged by the banks are given to the exporters on their pre and post shipment rupee export credits
Issues like labour, climate change need to be discussed on int'l forums, he says
China has been among India's top two trade partners for close to over a decade, although New Delhi's import dependency on Beijing has been high as compared to exports
Netherlands, US, UK see positive growth despite muted global demand
Standard operating procedure will take into account strategy towards modern FTA issues such as environment, labour, and digital trade
India pushes for a binding critical minerals pact amid discussions to restructure the India-US CEO Forum
The commerce department is closely tracking the conflict between Iran and Israel and any development related to the same is under its radar
Exports stood at $34.58 billion in September, while imports were at $55.36 billion during the month
India expects the UK to come forward for the next round of negotiations, after the Budget presentation later this month
In the case of silver, over the last few months, the commerce department tried to understand the reasons behind the surge in imports
Experts say that the possibility of a trade deal between India and Canada will remain on the back burner at least while the Justin Trudeau government is in power
According to Sanjiv, joint secretary, Department for Promotion of Industry and Internal Trade (DPIIT) the latest round will attract investment worth Rs 4121 crore
Delphin and Goyal also highlighted the need to resolve constraints and regulatory hurdles faced by companies while doing business in India and the EU, respectively
The first half of 2024 saw 2.3 per cent year-on-year increase. The rebound came against the backdrop of a slump in 2023 - of 1.1 per cent - driven by high inflation and rising interest rates
Among other areas of cooperation, India and the US's focus has also been on critical and emerging technologies that include artificial intelligence and quantum technologies
Investment pact to increase investor confidence: Goyal