India's Oct merchandise trade deficit widens to record level as gold imports jump by 95% YoY

Nov 16, 2023, at 05:17 am

New Delhi: India's merchandise trade deficit widened to an all-time high level in October, bolstered by a 95 percent jump in gold imports, the commerce ministry said on Wednesday.

Brazil, South Africa next in India's bilateral currency settlement plan

Aug 09, 2023, at 03:26 am

After agreements with United Arab Emirates (UAE) and Indonesia, India is considering the possibility of establishing bilateral agreements with important partners in Latin America and Africa to bolster trade using local currencies, thereby contributing to the broader goal of internationalizing the Indian rupee, Moneycontrol reported.

India signs new Work Plan on quality infrastructure with Germany during Indo-German Working Group meeting in Berlin

Apr 28, 2023, at 12:33 am

Berlin (Germany): The Department of Consumer Affairs and the German Federal Ministry for Economic Affairs and Climate Action signed the new Work Plan for 2023 during the 9th Annual Meeting of the Indo-German Working Group on Quality Infrastructure. The plan was signed in Berlin, Germany on 25 April 2023.

India, Malaysia can now settle their trade in Indian Rupee

Apr 02, 2023, at 07:20 am

New Delhi: India and Malaysia can now settle their trade in Indian Rupee (INR) in addition to the current modes of settlement in other currencies, the government announced on Saturday.

India-China bilateral trade crosses $ 100 billion in Jan-Sept period: Report

Oct 27, 2022, at 09:25 pm

India-China bilateral trade has crossed $ 100 billion for the second year in the first nine months of 2022 while India's trade deficit widened to more than $ 75 billion, media reports said citing data released by China's General Administration of Customs (GAC).

Noel N Tata felicitated for Tata International’s Outstanding Performance in International Trade

May 23, 2017, at 03:09 am

Mumbai, May 22 (IBNS): Noel N Tata, Managing Director, Tata International Limited, was felicitated by the MVIRDC World Trade Centre in Mumbai under Global Business Head Category for the company's outstanding performance in international trade.