Engagements to begin next month; UAE template to make it easier, say experts
Value of inbound petroleum shipments nearly doubles; account for 26% of total imports
PM Modi's government looks at a trade deal very seriously, examining its potential for the next 50 years, says Goyal
The growth was driven by higher demand for items in the petroleum, gems and jewellery, engineering products
This is the first trade agreement with a developed economy after over 10 years
Reduction in tariffs on auto components can result in more manufacturing investment in India, and if the UK were to reduce tariffs on Indian textiles, it could be a win-win, says Kevin McCole
The agreement will be signed at a time when Australia is looking for a reliable trade partner at a time when it is facing export restrictions from China.
The development comes amid disruptions in global trade due to month-long tension between Russia and Ukraine
This will be followed by utilisation of unused funds and the possibility of reallocation to the government department and ministries, which need more amounts, will be assessed
This is the second consecutive year that Gujarat has emerged as the top performer.
Technical experts from both sides came together for discussions in 64 separate sessions covering 26 policy areas
During the first 11 months of the fiscal year, outbound shipments to China grew at 7 per cent, with shipments valued at $19.8 billion.
Crosses annual procurement of Rs 1 trillion in FY22
Govt is confident of clocking $410 bn exports by March 31, as India has been shipping roughly $1.3 billion a day
This will be part of an early harvest agreement; officials hope to finalise the interim trade pact by end of this month
The Australian govt will provide additional investment worth $16.6 mn to strengthen linkages with India's key policy and finance institutions and $8.9 mn to support enhanced business engagement
The central board has proposed to slash the PF rate to 8.1 per cent for FY22 from 8.5 per cent in FY21 and FY20, the lowest in four decades
Russia, Ukraine account for around 80% of India's exports to CIS countries
The roadblock: Backing of 164 members of the WTO required--rejection by just one country could still block an accord
CAIT says currently different e-commerce entities being regulated by different entities, resulting in a piecemeal approach and causing confusion among various stakeholders