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Defence Planning Committee right step for national security, but expectations should be rooted in reality
India

Defence Planning Committee right step for national security, but expectations should be rooted in reality

Seeing the busy schedule of the members of the Defence Planning Committee, especially the National Security Advisor, it's possible that a critical subject like defence planning and national security strategy, with its numerous nuances, may not get the time and attention it deserves

China promises to address trade deficit issue with India: Commerce and industry ministry
Business

China promises to address trade deficit issue with India: Commerce and industry ministry

India's trade deficit with China has marginally dipped to $51 billion in 2016-17 from $52.69 billion in the previous fiscal

Global trade facing challenges, India needs to boost exports: Union minister Suresh Prabhu
Business

Global trade facing challenges, India needs to boost exports: Union minister Suresh Prabhu

The world is facing serious challenges as the US is taking protectionist measures and India needs to explore ways to boost exports, Commerce Minister Suresh Prabhu on Friday said

Take urgent steps to streamline cross border trade: PMO directs commerce ministry
Business

Take urgent steps to streamline cross border trade: PMO directs commerce ministry

India ranked 146th in Trading Across Borders component of ease of doing business, out of 190 countries ranked by the World Bank in its latest report

Stable trade policy regime, reforms in APMC Act needed to boost agriculture exports: Draft policy
Business

Stable trade policy regime, reforms in APMC Act needed to boost agriculture exports: Draft policy

'National Agriculture Export Policy' is formulated in line with the vision to double the farmers' income and increase the share of agricultural exports from present about $30 billion to over $60 billion by 2022

India will engage with US to discuss its concerns on country's export subsidies, says govt
Business

India will engage with US to discuss its concerns on country's export subsidies, says govt

The United States on Wednesday launched a challenge to Indian export subsidies at the World Trade Organization, saying they hurt US companies.

US, China sign $250 bn trade deals during Donald Trump's maiden visit to Communist country
World

US, China sign $250 bn trade deals during Donald Trump's maiden visit to Communist country

The US goods and services trade with China totalled to an estimated $648.2 billion in 2016 in which China had a lion's share with about $478.9 billion exports. The US exports to China stood at $169.3 billion, according to US trade figures

Iran bans fuel import, export to Iraqi Kurdistan in response to independence referendum
World

Iran bans fuel import, export to Iraqi Kurdistan in response to independence referendum

Iran has embargoed exports and imports of fuel products to Iraqi Kurdistan in response to its controversial independence referendum

India's GST regime triggers chaos among trading partners in South Asia
India

India's GST regime triggers chaos among trading partners in South Asia

The Goods and Service Tax (GST) wave seems to have crippled countries across South Asia according to media reports

GST: Here's how neighbouring countries are gearing up for India's biggest tax reform
Business

GST: Here's how neighbouring countries are gearing up for India's biggest tax reform

Our neighbouring countries are closely watching the impact on the trade

Oppo is planning to export smartphones to Middle East, Africa and other countries from India
News & Analysis

Oppo is planning to export smartphones to Middle East, Africa and other countries from India

This report comes right after it was reported that Oppo is now one of the top five smartphone makers in the Indian market.

US election 2016: What does Donald Trump's triumph mean for India Inc
World

US election 2016: What does Donald Trump's triumph mean for India Inc

Donald Trump's win the 2016 US presidential election brings both positive and negative news for India, especially because of his anti-immigration and protectionist policies related to international trade

China's ZTE says suppliers need to apply for U.S. export license
News & Analysis

China's ZTE says suppliers need to apply for U.S. export license

Chinese telecommunications equipment maker ZTE Corp said on Wednesday its suppliers must seek licences to provide materials, in line with newly imposed U.S. restrictions on the company.

In a historic move, Hong Kong to ban ivory trade, says leader
World

In a historic move, Hong Kong to ban ivory trade, says leader

Hong Kong will ban the import and export of ivory, the city's leader announced Wednesday, in a "historic" move hailed by animal welfare activists.

Govt announces it will set up labs at ports to check illegal export of cow meat
India

Govt announces it will set up labs at ports to check illegal export of cow meat

Testing labs will be established at ports to check illegal export of cow meat, the government announced on Tuesday.

Govt extends ban on hoarding onions beyond ceiling by a year
India

Govt extends ban on hoarding onions beyond ceiling by a year

To curb the rise in onion prices, government on Wednesday extended by one year the ban on hoarding the kitchen staple beyond the prescribed limit.

Manohar Parrikar to come out with policy to ban import of certain items
India

Manohar Parrikar to come out with policy to ban import of certain items

In a bid to boost the domestic defence sector, Defence Minister Manohar Parrikar today said he will soon come out with a policy under which certain items will be banned from importing.

Budget 2015: Commerce ministry seeks Rs 100 cr to set up Project Development Fund
Economy

Budget 2015: Commerce ministry seeks Rs 100 cr to set up Project Development Fund

Federation of Indian Export Organisations too said that the Project Development Fund would push India’s project exports, helping both the merchandise and services sector.

Budget 2015: Govt may consider reducing gold import duty by 2-4%
Business

Budget 2015: Govt may consider reducing gold import duty by 2-4%

The government may consider 2-4 percent reduction in gold import duty in the forthcoming Budget, a move that could help boost exports and manufacturing of gems and jewellery