EPM to aid MSMEs with trade finance, market access; IES to be revamped
The directive, which came into effect on November 12, aims to improve raw material availability for downstream industries
Cabinet approves export promotion mission, credit guarantee schemes
Three years after India and Australia signed an interim trade deal, the two sides are moving decidedly towards a full-fledged free trade agreement. They have rising US tariffs to contend with
As the US President says both sides are "pretty close" to a fair deal, Indian officials indicate no new round of negotiations is needed, with most issues already resolved
The commerce minister said QCOs are aimed at improving product quality and boosting domestic manufacturing, even as a NITI Aayog panel seeks their suspension
With high levels of saturation, India is now looking to convert the interim deal into a comprehensive trade agreement that will include new-age trade issues left out in the first round
Indian officials and experts are monitoring the US Supreme Court case challenging Donald Trump's tariff powers, assessing how the verdict may affect the proposed India-US trade agreement
During week-long India-EU FTA negotiations, New Delhi pressed for predictable implementation of the EU's carbon tax and proposed steel regulation to ensure balanced trade terms
High-level panel led by NITI Aayog's Rajiv Gauba proposes scrapping or easing QCOs on over 200 products to cut compliance burden and boost manufacturing competitiveness
Commerce Minister Piyush Goyal said India will not compromise on sensitive sectors like dairy and MSMEs in its proposed trade pact with New Zealand, where talks have seen major progress
At a high-level meeting with export councils, PM Modi called on exporters to fully leverage India's FTAs amid US tariff hikes, while industry sought policy and financial relief
At a meeting with exporters, Goyal reviewed FTA talks with EU, Chile and New Zealand, and discussed challenges from US tariffs and quality control orders
With the IMS for laptops and IT hardware set to expire on December 31, ministries will review its future amid rising imports from China and US concerns over India's monitoring framework
Under the proposed scheme, the types of incentives are being planned - Turnover Linked Incentive (TLI), Localisation Linked Incentive (LLI) and Employment Linked Incentives (ELI) are being planned
Official says talks progressing well, both nations converging on most issues
India to pitch its rice varieties in 26 countries, including Indonesia, Saudi Arabia, and Japan, at the Bharat International Rice Conference 2025 in Delhi
Last week, a team of officials from the Department of Commerce, including Commerce Secretary Rajesh Agrawal, was in Washington, to reach an early conclusion of the proposed trade agreement
Disagreements relate to market access for goods and also investment, trade, and sustainable development
Both countries are negotiating a comprehensive resolution that addresses both the pending issues in their trade deal and Washington's concerns over New Delhi's continued purchase of Russian oil