Trade
Ahead of Modi-Xi meet, China pledges to fix trade imbalance
11 Oct 2019
Private companies from India and China signed more than 120 MoUs for export of various products from India, including sugar, chemicals, fish, plastics, pharmaceuticals and fertilisers while over 60 Chinese entrepreneurs from 34 sectors have formalised trade agreements worth about $100 million ahead of the meeting of the two leaders at Mamallapuram in Tamil Nadu
India looks set to join China-led RCEP despite trade woes
11 Oct 2019
While the RECP negotiations are aimed at finalising the free trade pact by the end of the year, India’s commerce ministry said it will be looking for safeguards to be built into the proposed pact to prevent a sudden surge in imports
India’s onion export ban spooks Asian markets
03 Oct 2019
Govt sets stock limits for onion, bans exports
30 Sep 2019
The centre has fixed a stock limit of 100 quintal for retail traders and 500 quintals for wholesale traders, in a move to facilitate release of stocks in the market and prevention of hoarding by traders
PM Modi, President Trump pat each other at 'Howdy Modi' event
23 Sep 2019
Narendra Modi on Sunday showered praise on the US President for his leadership qualities while tearing into India’s detractor Pakistan, even as he projected India’s strengths, including its demography, diaspora, diversity, democracy, economy and the process of modernisation underway
ECGC raises insurance cover for banks’ export credit to 90%
17 Sep 2019
Enhanced insurance cover will ensure that foreign and rupee export credit interest rates will be below 4 per cent and 8 per cent, respectively, for exporters
Russia’s Novatek, Petronet LNG to team up for gas projects in India
05 Sep 2019
India’s ministry of shipping and Russia’s ministry of transport also signed a memorandum of intent on the development of maritime communications between the Port of Chennai and the Russian Port of Vladivostok as part of developing a new shipping corridor between India and Russia
India, Russia to diversify, strengthen bilateral relations: Modi
04 Sep 2019
Russia, which is looking to develop its mostly underdeveloped far-eastern province of Siberia, needs the help of Asian countries to develop the vast areas, while energy hungry and manpower-rich India can hope to benefit from investments in the resource-rich region
India’s April-July trade deficit rises to $59.67 billion
14 Aug 2019
Merchandise exports from India stood at $26.33 billion in July 2019, against imports valued at $39.76 billion, showing a trade deficit of $13.34 billion for the month
India’s April-June merchandise trade deficit hits $46.33 billion
16 Jul 2019
The country imported goods worth $127.04 billion in April-June 2019-20, while exports from the country during the period stood at $81.08 billion
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