India's current account deficit reduces to $10.5 billion in Dec qtr: RBI

New Delhi: India's current account deficit lessened to $10.5 billion or 1.2 percent of the GDP in the October-December quarter, from $11.4 billion in the preceding three months and $16.8 billion a year earlier, Reserve Bank of India (RBI) said on Tuesday.

India and the Dominican Republic sign protocol to create Joint Economic and Trade Committee

New Delhi: India and the Dominican Republic Tuesday signed the protocol for the creation of the Joint Economic and Trade Committee (JETCO).

Additional duty on US-origin apples , almonds removed as Washington allows market access to Indian steel and aluminium

New Delhi: India has withdrawn additional duties on eight US-origin products, including apples, walnuts and almonds, the Ministry of Commerce and Industry said on Tuesday.

1st round table joint meeting between India and New Zealand held

New Delhi: The first round table joint meeting between India and New Zealand with the industry and industry associations of both countries took place today in New Delhi.

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

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 and Bangladesh agree on trade transactions in own currencies

Dhaka/IBNS: To ease cross-country transactions and pressure on dollar holdings, India and Bangladesh have agreed to settle a part of bilateral trade transactions in their own currencies- rupee and taka respectively, according to a Bangladesh media report.

Trade Policy Forum has resulted into a smoother, friendly and trusted business environment for both India and USA: Goyal

New Delhi/Washington DC: Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said the India US Trade Policy Forum has resulted into a smoother, friendly and trusted business environment for businesses from both sides to expand their trade and investment.

Thai Deputy PM launches Agri-Trade Supply Chain Alliance to further boost Thailand-India trade

Kolkata, Sep 26 (IBNS): With Thailand focusing on increasing exports to India in sectors such as Rubber, Rubber - wood, Construction Materials, Logistics and Tapioca, a business delegation team led by Deputy Prime Minister of Thailand, Jurin Laksanawisit, who is also the Minister of Commerce, is currently visiting India.

India-US trade likely to touch $238 billion by 2025, says report

New Delhi, July 12 (UNI): Two-way trade between India and the United States is likely to grow to $238 billion by 2025 from the current $143 billion, said a report as officials of the two countries met to discuss their disagreements.

14th Sino-India border trade through Nathula Pass kicks off

Gangtok,May 1 (UNI): The annual Sino-Indian border trade today commenced with the opening of the Nathula Gate with Chinese and Indian officials exchanging ceremonious scarves (Khadas) at the border.

Trade wars and protectionism threaten global shipping, warns UN agency

New York, Oct 4 (IBNS): Maritime trade is stronger than it’s been for five years, but “tit-for-tat” tariff battles and restructuring by shipping companies threaten to disrupt its role as a key player in global commerce, the UN said on Wednesday.