A reduction in the basic customs duty of gold to 6 per cent (from 15 per cent) will reduce smuggling, said Union minister Piyush Goyal
The import duty of gold and precious metal jewellery, platinum as well as silver has been reduced to enhance the domestic value addition in these precious metals
Cites risks of geopolitical tensions, rise in protectionism, higher trade cost because of the Red Sea crisis, and commodity price volatility as reasons
Cites Apple, Foxconn success stories on China Plus One; Calls to strike a balance between importing goods and FDI from China
Round-III of review meet from July 29 in Jakarta
Rice exports have also been constrained by export controls on certain varieties of the grain including non-basmati rice imposed by India
After witnessing a 3 per cent contraction in the financial year 2023-24, outbound shipments from India saw positive growth in the three consecutive months
Companies expand offerings beyond noodles, trade witnessing a food twist
Goyal was attending the G7 Trade Ministers' meeting in Italy to discuss ways to enhance global trade relations and economic cooperation
Growth in merchandise exports fell to 2.6% amid muted demand overseas
The trade between both countries expanded rapidly over the last two financial years
Sets up panel, identifies challenges, to launch portal soon
GeM is in the process of finalising a proposal and sending it to the commerce and industry ministry that will thereafter seek the union Cabinet's approval
Sales of EVs during April-June contracted 7 per cent year-on-year to 346,024 units, data from the Ministry of Road Transport and Highways' VAHAN portal showed
The minister's visit to Switzerland will also see discussions on the ratification of the trade deal by both sides
Peace talks do not succeed in the midst of bombs, guns, and bullets: PM Narendra Modi
The first round of application was invited in 2021, followed by the second round a year later as the entire allocated fund was not utilised
Issue of 'imbalanced' trade will be priority during talks with Russia
Keir Starmer became Britain's Prime Minister on Friday after his Labour Party's landslide electoral victory against Rishi Sunak-led Conservatives
Producer price index may eventually replace WPI