trade

EU, Vietnam seal free trade deal

The EU and Vietnam on Tuesday announced a free trade deal removing nearly all tariffs, with Brussels calling it a "milestone" on the way to a region-wide agreement with Southeast Asia.

Aug 04, 2015, 19:03 PM IST

Next round of RCEP meet from Monday in Myanmar

Senior officials of the 16-member RCEP, including India and China, will meet Monday in Myanmar to provide impetus to the negotiations on the mega trade deal.

Aug 02, 2015, 11:41 AM IST

Commerce Minister working on internal processes to ratify WTO's TFA

The government is working on internal processes to ratify WTO's trade facilitation agreement (TFA), which looks to ease Customs procedures to boost trade, a senior commerce ministry official on Friday said.

Jul 31, 2015, 20:50 PM IST

Japanese butter on the table in Pacific trade talks

Japan has been grappling with a severe butter shortage that critics say highlights a bigger problem with the country`s protected agricultural sector, a key sticking point in high-profile trade talks this week in Hawaii.

Jul 29, 2015, 09:11 AM IST

WTO members try to seal trillion-dollar IT trade deal

World Trade Organization (WTO) members met in Geneva on Friday trying to finalise a deal to cut tariffs on $1 trillion of information technology products from video games to medical equipment.

Jul 24, 2015, 20:27 PM IST

104 new trade-restrictive steps in Oct-May, WTO raises concern

The WTO members imposed 104 new trade-restrictive measures during seven months to May, which the world trade body said was cause of "concern".

Jul 23, 2015, 21:32 PM IST

Changes in labour laws only with consensus: PM Modi

Addressing the 46th Indian Labour Conference, he said there is a thin line that separates the interest of workers and their unions and the same should be respected.

Jul 20, 2015, 14:25 PM IST

India, Russia sign customs pact to boost trade

With bilateral trade extremely low, India and Russia have initiated steps to remove the hindrances and boost commerce by signing an agreement in the area of customs and moving to liberalise business visas.

Jul 19, 2015, 17:34 PM IST

India's exports to China in H1 declines by 24% to $6.8 bn

India's exports to China declined by over 24 percent to USD 6.89 billion in the first half of this year, while the Communist trading giant's exports surged by 10.8 percent to USD 27.29 billion, pushing the bilateral trade to over USD 34 billion.

Jul 13, 2015, 20:31 PM IST

Traders to continue importing rough diamonds

Even as the market is going through tough times, diamond exporters today decided to continue with imports of rough diamonds so that there are no lay offs.

Jul 08, 2015, 00:55 AM IST

US trade deficit widens to $41.9 bn in May

The US trade deficit widened modestly in May as exports fell more than imports, the Commerce Department reported Tuesday.

Jul 07, 2015, 18:41 PM IST

'BRICS not 'psychologically ready' to sign free trade zone'

BRICS nations are not "psychologically ready" to sign a free trade zone deal but may sign an agreement on more profound economic integration in the next 5 years, a top Russian minister said today ahead of a summit of leaders of Brazil, Russia, India, China and South Africa.

Jul 06, 2015, 22:25 PM IST

World trade registers modest growth in Jan-Mar of 2015: WTO

World trade grew by a modest 0.7 percent during January-March quarter of this year, the World Trade Organisation (WTO) has said.

Jun 25, 2015, 18:27 PM IST

India, Aus bizmen to discuss ways to boost trade at CEOs forum

Business leaders of India and Australia will discuss ways to increase trade and investment during the CEOs forum here this week.

Jun 21, 2015, 21:14 PM IST

Slight deceleration in trade restrictive steps in G-20: WTO

The G-20 economies witnessed a "slight deceleration" in application of new trade-restrictive measures, with average number of such steps imposed per month falling to the lowest since 2013, a WTO report said Monday.

Jun 15, 2015, 23:26 PM IST

Imbalanced trade not in India, China's interest: V K Singh

India Thursday said "imbalanced" trade with China leading to a yawning USD 47 billion trade deficit needs to be "pro-actively" addressed through improved market access for Indian products with competitive advantage like those in IT and agro.

Jun 11, 2015, 20:24 PM IST

Current account deficit shrinks to 1-year low at 0.2%

Current Account Deficit (CAD) fell sharply to its lowest level in a year at USD 1.3 billion or 0.2 percent of GDP in the fourth quarter of 2014-15, as trade gap narrowed on lower oil prices and robust foreign inflows.

Jun 10, 2015, 19:45 PM IST

Govt restricts free export of goods for promotion activities

The government Thursday restricted free outbound shipments of goods by large exporters for export promotion activities to Rs 10 lakh.

Jun 04, 2015, 23:08 PM IST

US trade gap falls in April as ports bottleneck ebbs

The US trade deficit fell back to a more normal level in April after a surge the previous month as the distortions from the West Coast port slowdown began to ebb.

Jun 03, 2015, 21:16 PM IST

India-US trade would rise to $500 bn: Ambassador

The bilateral trade between India and the US is expected to increase to USD 500 billion from the current USD 100 billion, US Ambassador to India Richard Verma said Thursday.

May 21, 2015, 23:04 PM IST