Page 3 - India Trade Policy

Staying out of IPEF's trade pillar: There are two sides to this debate

There is no meeting ground between politics which is looking at the elections this year, and economics, which is looking at the next decade

TMS Ep258: India at IPEF, fruit & veg market, rice stocks, visual search

Did India err by walking out of IPEF? Why is India a laggard in the global fruit and veg market? Should you hold rice mill stocks amid export curbs? What is visual search? All answers here

Did India err by walking out of IPEF's trade pillar?

Given that India is currently negotiating trade deals with the UK, Canada and EU, is the decision to stay out of Indo-Pacific Economic Framework a step in the wrong direction? Find the answers here

Trade aversion

India must review its IPEF stand

IPEF ministerial meet was inclusive and fruitful, says Piyush Goyal

Goyal said that on three out of four pillars related to supply chains, tax and anti-corruption and clean energy, India was comfortable with the outcome and text and has joined the declaration

India-US Trade Policy Forum meeting expected soon, says Piyush Goyal

Asserts Indian exports not impacted by GSP, says India looking to have very contemporary and modern digital laws, while maintaining high levels of data privacy

RBI, FinMin ask banks, trade bodies to push cross-border rupee trade

Reserve Bank and the finance ministry on Wednesday asked top management of banks and representative of trade bodies to push exports and import transactions in rupee. It was stressed during a meeting that banks should connect with their foreign counterparts for opening special rupee vastro accounts to facilitate cross-border trade in Indian currency rather than popular mode dollar, sources said. Trade associations and their foreign trading partners should explore opportunities to make use of the framework, sources added. The meeting, which saw participation from various stakeholders, including officials of external affairs and commerce ministries, Indian Banks' Association, urged embassies abroad to promote the mechanism through diplomatic channels. According to sources, countries like Sri Lanka, Argentina and Zimbabwe may be interested in settling bilateral trade in rupee. RBI in July issued a detailed circular asking banks to put in place additional arrangements for export and im

FinMin to hold meeting with stakeholders to push overseas trade in rupee

The finance ministry will on Wednesday hold a meeting with all stakeholders, including banks and officials of external affairs and commerce ministries, to discuss ways to promote cross-border trade in rupee instead of US dollar. The meeting, to be chaired by financial services secretary Sanjay Malhotra, is expected to see attendance from representatives of the Reserve Bank of India, IBA and industry bodies. Banks would be asked to promote this by asking exporters to negotiate on rupee trade, sources said. RBI in July issued a detailed circular asking banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency. The announcement by the Reserve Bank of India (RBI) to allow cross-border trade transactions in rupee is a timely move and a step towards internationalisation of the currency. Currently, a large part of bilateral trade between India and Russia is gett

Goyal reviews ongoing FTAs; deliberates ways to fast track negotiations

India is currently negotiating trade deals with developed nations such as the United Kingdom (UK), Canada and the European Union (EU).

CII-Exim Bank conclave: Goyal calls for deepening trade ties with Africa

The trade between India and African countries has been balanced with exports of trade and services of about $40 billion and imports of $49 billion, Goyal said

KKR India advisor, TCS CEO among 29 members inducted in Board of Trade

The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade

How India missed the global trade bus

The six chapters in this book provide an excellent historical perspective of how India's trade policy evolved

From wheat to steel, India can't afford to lose the world's trust on trade

The only chance that countries such as India have to entice value chains away from China is by focusing on resilience and reliability

Single bid for BPCL wouldn't have helped fetch a better price: DIPAM Secy

Tuhin Pandey says LIC investors should be patient and look at the insurer's long-term prospects

Consistent trade policy

Ad hoc tariffs and duties must be avoided

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

No change in trade policy with India: Pak amid buzz over trade minister

Pakistan's Ministry of Commerce issued a statement, saying Ministry of Commerce manages 57 Trade Missions in 46 countries which includes the post of Minister (Trade and Investment) in New Delhi, India

European Union, India to set up trade, technology council: EU chief Ursula

Both sides agreed that rapid changes in the geopolitical environment highlight the need for joint in-depth strategic engagement

Riding out the storm

External shocks and stagflation risks require optimal policy responses

USTR says moving to terminate India trade retaliation after tax agreement

Washington and New Delhi agreed on a global tax deal transition arrangement