by TANVI_MUNJAL | Oct 14, 2024 | Business & Policy, News & Insights, Textile Industry
Amid a backdrop of rising protectionism and geopolitical tensions, India’s External Affairs Minister S. Jaishankar has underscored the complex interplay between globalisation and national security. Speaking at the Kautilya Economic Conclave, he highlighted that while...
by TANVI_MUNJAL | Dec 22, 2023 | Finance & Economy, News & Insights
During the first eight months of the financial year, India experienced a decrease of 2.8 per cent in overall exports, according to data compiled by the commerce department. However, five out of India’s top 10 export destinations – Saudi Arabia, China, the...
by TANVI_MUNJAL | Dec 19, 2023 | Finance & Economy, News & Insights
India’s merchandise trade deficit for November showed a significant decline, surprising economists and experts. The deficit stood at $20.5 billion, lower than the same month last year and considerably lower than the previous month of October. This unexpected...
by TANVI_MUNJAL | Dec 7, 2023 | Finance & Economy, News & Insights
The Indian government is formulating a comprehensive trade strategy to unlock growth opportunities and foster collaboration to reach a lofty goal of $2 trillion in total exports, including goods and services, by 2030. According to reliable sources, it also aims to...
by TANVI_MUNJAL | Dec 7, 2023 | Events Updates, News & Insights
According to a report released by the Global Trade Research Initiative (GTRI) on Sunday, India must address the misconception that trade significantly contributes to global greenhouse gas emissions. Ahead of the United Nations climate change conference COP28 in Dubai,...
by TANVI_MUNJAL | Nov 29, 2023 | Business & Policy, News & Insights
In an effort to enhance India’s exports, the Commerce Ministry is actively working to resolve issues related to non-tariff barriers and improve market access for domestic products in sub-Saharan African countries such as Nigeria, Ethiopia, Ghana, and the Gulf...
by TANVI_MUNJAL | Nov 28, 2023 | Business & Policy, News & Insights
In a recent report, the Global Trade Research Initiative (GTRI) has suggested that the Indian government assess the bilateral free trade agreement with Singapore and the ASEAN bloc as a whole. Singapore, as a member of the ASEAN bloc, currently has a free trade...
by TANVI_MUNJAL | Nov 22, 2023 | Finance & Economy, News & Insights
India continues to face ongoing challenges in its export promotion schemes as major trade partners such as the European Union (EU) and the United States impose countervailing duties, considering them to be subsidies. Even with the replacement of the Merchandise...