Page 10 - India Trade

Trade deficit narrows to $11.01 billion in October on lower oil imports

Oil imports fell 31.74 per cent to $9.63 billion in October from $14.11 billion in the year-ago period

BRICS Summit: Goyal discusses global economic climate with trade ministers

Commerce and Industry Minister Piyush Goyal attended the 9th BRICS trade ministers meet in Brasilia on Tuesday during which he deliberated on the global economic climate with his counterparts from other member nations.Taking to Twitter, Goyal said that he spoke about advancing Trade and Investment cooperation between BRICS nations, as well as on the growing trend of non-tariff barriers."Attended the 9th BRICS Trade Ministers Meet in Brazil and deliberated on the global economic climate. Also, spoke about advancing BRICS Trade and Investment Cooperation," Goyal tweeted."Interacted with BRICS Trade Ministers and spoke about the growing trend of non-tariff barriers which deny market access, lead to economic uncertainty and raise the cost of doing the trade for developing countries especially MSMEs. Thus, a win-win mindset is needed to spur trade & promote equity," the following tweet read.BRICS brings together five major emerging economies comprising 42 per cent of the world's ...

India must liberalise economy more to benefit from FTAs, says Surjit Bhalla

Sources also added that overall, we are clear that a mutually beneficial RCEP, in which all sides gain reasonably, is in interests of India and of all partners in the negotiations.

Suspense over RCEP deal continues as India comes up with fresh demands

Indian Prime Minister Narendra Modi did not even mention the RCEP deal in opening remarks at a meeting with Southeast Asian leaders

Why India lost a major trade dispute with US at World Trade Organization

Outbound trade fell by 6.57 per cent in September, to a three-month low with the trade decline plaguing major foreign exchange earners

WTO panel upholds US case, rules India's export subsidies illegal

The panel largely agreed with US claims challenging export subsidies granted in the form of exemptions from customs duties and a national tax, while rejecting some US arguments

Struggling India needs more trade; RCEP may just be the right card to play

Modi has long sought to portray himself as both a reformer and a global statesman. A bold decision would not only shore up his reputation , it would point India in the direction of recovery

Explained in 8 charts: How India fared on the trade front in FY19

As imports moderated faster than exports, it helped restrict growth in the trade deficit