Page 17 - India Trade

India-Russia new sea trade route plan in final stages of clearances

The Indian authorities have identified coking coal, crude, liquefied natural gas (LNG) and fertilisers as major commodities that will be traded in the route

UK officials pressured to drop IP law demands in India trade talks

Critics say the changes would damage India's position as a leading provider of generic drugs - essentially "copycat" versions of those which fall out of patent

Unprecedented rise in India-Saudi strategic relations

India's trade with the Arab world has already surpassed an all-time high of $240 billion a year

NITI Aayog working on plan to reduce reliance on China for supply chains

A senior government official was quoted as saying that the Aayog will bolster its policy recommendations on tariff and non-tariff barriers

Trade potential

India should reconsider its Rcep decision

Israel-Hamas conflict clouds loom over crude oil and LNG supplies

Iran getting drawn into Israel war could hamper nearly 80 percent of liquified natural gas flows to India

Israel-Hamas conflict: Jewellery, gems likely to lose sheen, say experts

The trade was already hit by almost 27 per cent from $2,794.39 million in 2021-22

Israel-Hamas conflict: Exporters remain wary of serious consequences

In case the conflict escalates, India's trade with Iran may be the biggest casualty

Israel trade with India doubled after Covid-19 pandemic, shows data

Petroleum products have been a key part of increased engagement

India-UK FTA talks gain steam: Commerce secy, team in London to push deal

Thirteen rounds of negotiations have been completed so far

'10 queries, no sales': Noida international trade show starts slows

Uttar Pradesh's first such event expected to get many more visitors over the weekend

Russia and Switzerland outliers amid contracting imports, shows data

Imports from Russia second-largest in April-August period, shows data

On trade, Delhi G20 improves over the Bali declaration

It is near certain that the United States is reluctant to clear the way for appointment of members to the appellate body and thus revive the dispute settlement mechanism at the WTO

Rupee settles near an all-time closing low as trade deficit widens

The surplus liquidity in the banking system fell to Rs 2,696 crore on Thursday ahead of the second tranche of Incremental Cash Reserve Ratio (I-CRR) disbursement on September 23

Around 22 nations exploring bilateral trade with India in rupee: Sitharaman

"Those countries are running short of dollar," Sitharaman said

Statsguru: Six charts explain expansion in India's services trade

An analysis of global numbers suggests that other commercial services dominate services trade globally

India best-performing in South Asia in terms of trade facilitation: UNESCAP

India is now the best-performing nation amongst all the countries of South Asian region in terms of trade facilitation, as per the United Nations Economic and Social Commission for Asia Paci?c's (UNESCAP) report. As per the Global Survey on Digital and Sustainable Trade Facilitation, India improved its score compared to 2021 survey. The 2023 survey, covering more than 140 economies and evaluating 60 trade facilitation measures, has positioned India at the forefront of global trade facilitation e?orts, with an impressive score of 93.55 per cent in 2023 vis a vis 90.32 per cent in 2021. The 2023 survey has recognised India's exceptional progress across various sub indicators, with the country achieving a perfect score of 100 per cent in four key areas: Transparency, Formalities, Institutional Arrangement and Cooperation, and Paperless Trade. These remarkable scores are a testament to India's relentless e?orts in streamlining trade processes, enhancing transparency, and promoting ...

India can also put trade barriers in retaliation to restrictions: RK Singh

India can also put trade barriers in retaliation to restrictions imposed by some countries, Union Minister R K Singh said on Wednesday. The minister for power, new and renewable energy made the remarks at the first International Conference on Green Hydrogen 2023. There is a huge potential for players looking to invest in green hydrogen manufacturing in India as there are various sectors like steel, cement, transportation where there will be a demand for the clean energy source, he said. "We want the whole world to partner with us and that I think is the solution. The solution is not setting up barriers which some countries have started doing. If you put up barriers we (Indian government) can put up barriers as well," Singh said addressing the attendees which included foreign diplomats and industry leaders from various countries. Without naming any specific country, the minister said his message to such countries will be that India can also put up the same kind of barriers which wou

India will retaliate on trade barriers on green hydrogen: R K Singh

The US, which under its Inflation Reduction Act is subsidising green energy sources, also has criteria of local manufacturing in some cases

The rise of bilateralism

Depending solely on bilateral trade agreements is unwise