Page 7 - Commerce Ministry
Trade talks with EU to begin on June 17: Commerce Minister Piyush Goyal
The effort is to provide market access and new opportunities for our exporters and consequently give fishermen a better future, Goyal said
 "Trade talks with EU to begin on June 17: Commerce Minister Piyush Goyal")
Too many flip-flops and about-turns
Policy rollbacks and modifications happening too frequently spook businessmen - both domestic and global
Exports in May up by 15.46% to $37.29 bn; trade deficit widens to $23.33 bn
Imports during the month grew by 56.14% to $60.62 billion
 "Exports in May up by 15.46% to $37.29 bn; trade deficit widens to $23.33 bn")
Govt allows small amount of wheat to move out after ban
Exceptions were allowed for shipments backed by letters of credit that had already been issued and those to countries that requested supplies to meet their food security needs
 "Govt allows small amount of wheat to move out after ban")
Govt notifies norms for allocation of TRQ for crude soybean, sunflower oils
The govt has exempted customs duty and agriculture infrastructure development cess on 20 lakh metric tonnes yearly import of crude soyabean oil and crude sunflower oil each, to ease domestic prices
 "Govt notifies norms for allocation of TRQ for crude soybean, sunflower oils")
World Economic Forum: Overall food inflation is manageable, Piyush Goyal
Speaking at the World Economic Forum in Davos, Goyal also said that India was producing enough wheat for domestic consumption
 "World Economic Forum: Overall food inflation is manageable, Piyush Goyal")
As WEF gets underway at Davos, India sells stability, growth, and dynamism
WEF 2022: With the war in Ukraine, world is grappling with economic uncertainty, but India finds itself in a sweet spot at the World Economic Forum in Davos
 "As WEF gets underway at Davos, India sells stability, growth, and dynamism")
WEF 2022: DPITT sends delegation with agenda to increase India's exposure
As India assumes the presidency of the G20 in 2023, the initiative will boost India's position at WEF 2022 meet as an important stakeholder in shaping global narrative
 "WEF 2022: DPITT sends delegation with agenda to increase India's exposure")
Wheat consignments examined by customs can be exported: Commerce Dept
Announcement comes days after DGFT banned all wheat exports to bolster falling stocks and manage food security; govt also allows wheat already being loaded at Kandla to head to Egypt
 "Wheat consignments examined by customs can be exported: Commerce Dept")
WPI inflation hits 15.08% in Apr, in double-digits for 13th straight month
Wholesale price inflation rate is now in double digits for 13 consecutive months.
 "WPI inflation hits 15.08% in Apr, in double-digits for 13th straight month")
Commerce ministry to hold inter-ministerial consultations on May 18
The commerce ministry has convened an inter-ministerial meeting on May 18 to hold consultations on issues that are likely to figure prominently in the forthcoming meeting of the WTO
 "Commerce ministry to hold inter-ministerial consultations on May 18")
Top headlines: JSW Group's $7 bn bid, taxing digital companies, and more
Here are the top headlines on Tuesday
 "Top headlines: JSW Group's $7 bn bid, taxing digital companies, and more")
Sustaining export growth
Commodity prices will push up trade deficit
 "Sustaining export growth")
India-UAE trade pact: Comm min to soon come out with detailed FAQs
The commerce ministry will soon come out with detailed FAQs on the recently implemented free trade agreement between India and the UAE to help the domestic industry understand benefits of the pact
 "India-UAE trade pact: Comm min to soon come out with detailed FAQs")
Pharma exports touch Rs 1.83 trillion in 2021-22: Commerce ministry
The exports in 2021-22 sustained a positive growth despite the global trade disruptions and drop in demand for COVID related medicines
 "Pharma exports touch Rs 1.83 trillion in 2021-22: Commerce ministry")
Indian-American sworn in as asst secy of commerce for global markets
Indian American Arun Venkataraman was sworn in as the Assistant Secretary of Commerce for Global Markets and Director Gen of the US and Foreign Commercial Service
 "Indian-American sworn in as asst secy of commerce for global markets")
Five-fold increase in patent grant annually since 2014: Commerce ministry
On the occasion of this World IP day, the ministry will be organising a conference on 'Leveraging India's Demographic Dividend through IP' here tomorrow
 "Five-fold increase in patent grant annually since 2014: Commerce ministry")
How India achieved $50 billion export target in agriculture sector
The Department of Commerce charted out a plan to address these issues and 'for the first time reached out to not just the States but also at the district and village level farmers'
 "How India achieved $50 billion export target in agriculture sector")
Commerce ministry to conduct programmes to promote UAE, Aus trade pacts
These programmes are planned to be conducted in cities, including Hyderabad, Chennai, Bengaluru, Mumbai, Surat, Ahmedabad, Delhi and Agra
 "Commerce ministry to conduct programmes to promote UAE, Aus trade pacts")
FIEO pitches for setting up of a committee to evaluate import trends
The issue was raised by FIEO Chairman A Sakthivel during a meeting, chaired by Commerce and Industry Minister Piyush Goyal, on April 20
 "FIEO pitches for setting up of a committee to evaluate import trends")
