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India is preparing a specific strategy for exports to each geography to ensure that outward shipments become driving force for the countrys overall economic growth in 2019, Commerce and Industry Minister Suresh Prabhu has said. In ...


Electronic receipts that record goods kept in warehouses and can be used as collateral for loans are becoming popular with farmers a year after their launch, say finance institutes. NCDEX, an agriculture commodity derivative exchan ...


The grape season in India has started on a positive note, with exports taking off early. The produce is set to conquer new shores this season with grape traders signing contracts for Australian markets. This will be the first time that ...


The MSME Ministry has proposed to establish a governing council to ensure efficient delivery of all export-related interventions as part of its action plan to boost shipments from micro, small and medium enterprises. The ministry ...


Groundnut procurement for the kharif season 2018-19 has gathered pace in Gujarat as the State government has purchased about 1.7 lakh tonnes of the oilseed worth ?865 crore till December 24. According to Gujarat Civil Supplies Corp ...


The Directorate General of Trade Remedies (DGTR) in the Ministry of Commerce and Industry is entrusted with the responsibility of investigating allegations relating to unfair imports and increased imports from other countries into Indi ...


The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005. The SEZs Rules, 2006 came i ...


In order to incentivise and encourage Indian companies to compete globally by improving their exports, the Commerce Ministry is working on various fronts like creation of new policies, improving Ease of Doing Business, scrapping irrele ...


The Niti Aayog has said average annual growth of 8 per cent during 2018-19 to 2022-23, with the concluding year yielding 9-10 per cent expansion, is needed to generate sufficient jobs and make India a $4-trillion (Rs 285 trillion) econ ...


India and South Korea on Wednesday explored new avenues of Korean investment in India,s infrastructure modernisation, and agreed to intensify their efforts to increase bilateral trade to USD 50 billion by 2030. They also shared concern ...


External Affairs Minister Sushma Swaraj will hold extensive talks with her Chinese counterpart Wang Yi on Friday under the newly established framework to enhance people-to-people exchanges between the two neighbors. The two sides are e ...


Mutual recognition agreements between countries that can help facilitate trade more effectively is key to the growth of SMEs globally while countering challenges of product development, information flow and infrastructural bottlenecks ...


India and China on Friday identified 10 areas for boosting people-to-people cooperation in keeping with the Wuhan spirit, put in place by Prime Minister Narendra Modi and President Xi Jinping after their informal summit at Wuhan in Apr ...


Textiles and apparel exports jumped by a staggering 33 percent in October because of higher overseas demand. Led by the US the largest importer of Indias clothing the boom has been triggered by recovery in the global economy. Depreciat ...


Now Assam vegetables are going global as the produce from Assam as well as the entire Northeast have found a place in the markets of Dubai. Fresh vegetable sourced from various districts of Assam was directly exported to the market ...


Commerce and Industry Minister Suresh Prabhu Friday said that two independent agencies would be appointed for preparing a template to negotiate free trade agreements (FTAs) in future. He said that the country would now have a comp ...


Exporters from the North Eastern States will no longer have to go to Kolkata to get custom clearance for their goods. The Lokapriya Gopinath Bordoloi International airport at Borjhar in the city will soon have custom clearance facility ...


President Ram Nath Kovind on Monday called for more cooperation between India and Vietnam in the areas of agriculture, pharmaceuticals, textiles and IT. Agriculture has been a key sector of our cooperation involving trade, investme ...


The maiden Indo-Russian Strategic Economic Dialogue will be held in St Petersburg on November 25-26 to explore new areas of partnership including artificial intelligence (AI), transport and small and medium enterprises (SMEs) that woul ...


India is keen to ink a trade agreement with Mauritius before Mauritian prime minister,s visit in January next year. Negotiations are under way at present and Mauritius wants duty cuts on its exports of textiles and marine products to I ...


India,s economy will grow close to 7.5% in 2019 and 2020 as higher oil prices and rupee depreciation put pressure on demand and inflation, the Organization for Economic Cooperation and Development (OECD) has said. India,s gross do ...


Exporters from the world,s biggest rice exporting nation have been given a breather by the Indian government who will extend a 5% benefit to non-basmati exporters under the Merchandise Exports from India Scheme (MEIS) as relief from fi ...


India on Monday welcomed the release of a policy document by the European Union, outlining the bloc,s roadmap to significantly scale up ties between the two sides in a range of areas like trade, investment, defence and security. Th ...


India will press for a better trade deal with China as part of the ongoing negotiations for the proposed mega trade deal - RCEP, which is slated to be concluded next year, official sources said. In view of the widening trade defici ...


The country,s milk production has risen by 28 per cent in the past four years to 176.35 million tonne, while farmers are getting an average Rs 7 per litre higher price for their milk, Agriculture Minister Radha Mohan Singh said Monday. ...


The Foreign Secretary of India, Vijay Gokhale, met with the Vice Foreign Minister of China, Kong Xuanyou, on Tuesday to review the progress made in bilateral relations since the high-level Wuhan Summit, between Prime Minister Narendra ...


China is now keen to import pomegranate, grapes, soyameal, fish oil and fish meal from India apart from non-basmati rice and sugar it had decided to buy earlier. Beijing will send teams to inspect pomegranate and grape orchards, and so ...


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