Trade
US drags India to WTO over export subsidy schemes like SEZs
16 Mar 2018
India will engage with the US to explain the legitimacy of its export subsidy schemes following America's decision to approach the WTO on the issue
After Nirav Modi-PNB scam, RBI bans LoUs, Letters of Comfort
14 Mar 2018
The Reserve Bank of India has banned banks from issuing Letters of Undertaking or Letters of Comfort in the wake of the Rs1,400 crore Punjab National Bank fraud, though Banks can continue to issue guarantees and letters of credit
Trump authorises tariffs on steel, aluminium imports
09 Mar 2018
The United States is the largest steel importer in the world and the order could hit South Korea, China, Japan, Germany, Turkey and Brazil the hardest
King Abdulla promises all help to Indians to invest in Jordan
01 Mar 2018
The Jordan-India business forum discussed means to enhance cooperation between the two countries with special focus on investment, trade, education, industry, health, agriculture, mining, telecommunication, tourism and energy
India, Canada agree to expand ties, combat terror
24 Feb 2018
Canada failed to conclude a Foreign Investment Protection and Promotion Agreement with India, although visiting Prime Minister Justin Trudeau managed to obtain investment commitments worth around $1 billion from Indian investors
Trump adminstration tightens H1-B visa rules for third-party worksites
23 Feb 2018
H-1B visas are issued for periods less than three years and the new rules could shorten this further and altogether reverse the tradition of issuing H-1B visas for three years at a time
China warns of retaliation if US slaps penal duties on its steel, aluminium
17 Feb 2018
China has warned of retaliatory action if the Unites States opted to impose penal tariffs on steel and aluminium imported from China
India’s trade deficit rises $16.3 bn in January to $131.16 bn
15 Feb 2018
Exports from the country expanded 1.95 per cent to $24.38 billion in January 2018 while imports into the country vaulted 26.10 per cent to an estimated $40.68 billion
German carmakers slam India’s customs duty hike
14 Feb 2018
Asean leaders begin arriving in Delhi for summit
24 Jan 2018
Commerce ministry wants price curbs on most farm exports lifted
22 Jan 2018
The draft agricultural export policy is likely to limit minimum export price restrictions to most essential items like rice or wheat and leave commodities like potatoes and onions out of export price controls
India’s April-December trade deficit at $114.86 billion
16 Jan 2018
Trade deficit for April-December 2017-18 show a more than 50 per cent increase from the $76.55 billion shortfall in April-December 2016-17.
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