trade

India-EU FTA: PM Modi conveys concerns on ban of 700 drugs

Prime Minister Narendra Modi Monday conveyed India's concerns to German Chancellor Angela Merkel over banning of over 700 drugs two months back and asked her to use her influence in EU to remove the impediments for resumption of FTA talks with the 28-member bloc.

Oct 05, 2015, 21:59 PM IST

PM Modi welcomes German Chancellor Angela Merkel by tweeting 'namaste'

German Chancellor Angela Merkel arrived in India on Sunday night.

Oct 04, 2015, 22:29 PM IST

Exports of top 5 sectors dip 25% to $13.33 billion in August

Exports of top five sectors - engineering, petroleum, gems and jewelery, textiles and pharmaceuticals - fell by about 25 percent to USD 13.33 billion in August due to global demand slowdown.

Oct 02, 2015, 17:14 PM IST

India-EU FTA talks likely to figure during Angela Merkel's visit

Upcoming visit of German Chancellor Angela Merkel is expected to give a boost to bilateral trade ties in areas like clean energy with India as the two sides are likely to pick up the issue of stalled talks on India-EU free trade pact.

Oct 01, 2015, 21:29 PM IST

WTO lowers global trade growth forecast to 2.8% for 2015

Multilateral body WTO Wednesday lowered its trade growth forecast to 2.8 percent from 3 percent for this year due to falling import demand and lower commodity prices in the global market.

Sep 30, 2015, 17:20 PM IST

India ready to give preferential tariffs to all SAARC members

India is ready to give preferential duty concessions on all products to SAARC members to give a boost to free trade in the region, Union Minister Nirmala Sitharaman said Tuesday.

Sep 29, 2015, 22:47 PM IST

Nepal summons Indian envoy over ''trade obstruction''

With hundreds of Nepal-bound cargo-bearing trucks halted at the border, Indian Ambassador Ranjit Rae was summoned to the foreign ministry on Friday for clarification whether India had imposed any restriction on trade with the Himalayan nation.

Sep 25, 2015, 19:06 PM IST

US further eases trade, travel restrictions on Cuba

The United States further eased restrictions on business and travel with Cuba on Friday, as it presses forward in rebuilding long-frozen relations with its former Cold War foe.

Sep 18, 2015, 23:12 PM IST

EU proposes special dispute court for US trade deal: Official

The European Union on Wednesday proposed a special court to resolve any disputes arising from a planned huge trade deal with the United States, instead of the widely criticised private tribunals that Washington wants.

Sep 16, 2015, 17:42 PM IST

China's foreign trade declines, record drop of forex reserves

China Tuesday said its foreign trade in August decreased 9.7 percent year on year to about USD 320.8 billion amid rising concerns over the record drop of USD 93.9 billion in the Communist giant's foreign exchange reserves last month.

Sep 08, 2015, 17:04 PM IST

RCEP pact: Commerce Ministry to hold consultations with industry on goods

After the consultation, the Ministry would prepare an initial offer on goods for Regional Comprehensive Economic Partnership (RCEP), an official said.

Sep 06, 2015, 12:01 PM IST

US trade deficit drops to $41.9 billion in July

The US trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.

Sep 03, 2015, 21:33 PM IST

US trade gap narrows in July

The US trade deficit narrowed in July as exports increased and imports fell sharply, led by a decline in consumer goods, the Commerce Department reported Thursday.

Sep 03, 2015, 19:02 PM IST

Strike had only a marginal impact: FM Jaitley

Finance Minister Arun Jaitley on Wednesday said the day-long nationwide strike called by central trade unions only had a "marginal or inconsequential impact".

Sep 02, 2015, 23:33 PM IST

Crucial for India to become part of RCEP: Comm Secy

There are three important multilateral free trade agreements on the anvil and it's important for India to become part of RCEP with a view to stepping up its share of global trade and investment, a top government official said.

Aug 24, 2015, 18:49 PM IST

Britain says wants to work with Iran on trade and investment

Britain said on Sunday that it wanted to work with Iran`s central bank to make it easier for UK banks to finance trade and investment in the country after a thaw in diplomatic relations.

Aug 23, 2015, 19:40 PM IST

India, US to discuss trade issues Wednesday

Issues related to WTO, solar energy and visas are expected to figure at a meeting between senior trade officials of India and the US in the national capital on Wednesday.

Aug 11, 2015, 21:12 PM IST

EU hopes FTA talks with India will resume soon

The European Union has expressed the hope that negotiations with India on a Free Trade Agreement (FTA) will resume soon, and any difficulties on its path will be overcome.

Aug 07, 2015, 20:26 PM IST

India's trade deficit with China at $8 bn in April-May: Sitharaman

India`s trade deficit with China touched $8 billion during April-May of this fiscal, while the figure for 2014-15 has grown to $48.47 billion from $36.2 billion in 2013-14, parliament was told on Friday.

Aug 07, 2015, 19:32 PM IST

EU hopes to conclude US free trade deal next year

The EU hopes that talks on the world`s biggest free trade deal with the United States can be completed next year, a senior official said Tuesday, as the two sides get down to tackling the toughest issues.

Aug 04, 2015, 22:49 PM IST