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Foreign Trade-Economy-News-The Economic Times

News on Policy, Exports, Imports, Trade Regulations, WTO and on Foreign Trade.

Last Build Date: Tue, 06 Dec 2016 10:21:29 GMT

Copyright: Copyright:(C)2016 Bennett Coleman & Co. Ltd,

India's oilmeal exports dip 9.75 per cent in November

Tue, 06 Dec 2016 07:54:39 GMT

(image) During April-November of the 2016-17 fiscal, oilmeal exports fell 27 per cent to 6,62,489 tonnes from 9,03,624 tonnes in the year-ago period.

Gold imports to dictate size of current account deficit in H2 of FY2017: ICRA

Mon, 05 Dec 2016 09:26:18 GMT

(image) The combined imports of gold, silver and precious and semi precious stones declined to US$26.4 billion in April-October 2016 from US$33.2 billion in April-October 2015.

Trade regime with India remains unchanged: Pakistan

Fri, 02 Dec 2016 11:20:23 GMT

(image) Pakistan's textile industry was in a dilapidated condition and its exports were on the decline due to a number of issues including high prices of gas and electricity, high tariffs on import of input materials for industries, lack of progress on restructuring of bank loans and failure to revive sick units.

Demonetisation: India's December gold imports to halve as cash crunch squeezes demand

Thu, 01 Dec 2016 12:00:38 GMT

(image) Lower imports by the world's second-biggest consumer of gold importer could weigh on global prices that are already trading near their lowest level in 10 months, although it would likely help the South Asian country trim its trade deficit.

Widening of FTA: India, Sri Lanka officials to meet this month

Thu, 01 Dec 2016 11:28:07 GMT

(image) Senior officials of India and Sri Lanka will meet this month in the island nation to discuss broadening of the existing trade deal by including services and investments.

US can’t ignore a big market like India: Nirmala Sitharaman

Wed, 30 Nov 2016 19:49:37 GMT

(image) Sitharaman said the US' decision to withdraw from its regional trade agreement, Trans Pacific Partnership (TPP), will not affect India's negotiations.

Cash ban affects trade with Bhutan

Wed, 30 Nov 2016 18:59:42 GMT

(image) Indian currency is used as a legal tender in Nepal and Bhutan. Phuentsholing is the main land border entry point between India and Bhutan.

Anti-dumping duty on met coke not to provide relief to domestic met coke producers: IMCOM

Wed, 30 Nov 2016 14:12:17 GMT

(image) In a recent move the government has imposed anti-dumping duty of $25.20 on met coke dumped by China and $16.29 on met coke dumped by Australia.

India ranked 102nd on enabling cross border trade: World Economic Forum

Wed, 30 Nov 2016 12:30:47 GMT

(image) Despite popular perceptions, the report said large swathes of the global population are still unable to participate in international trade or value chains.

Next round of RCEP negotiations in Jakarta from Dec 5

Wed, 30 Nov 2016 10:26:30 GMT

(image) Regional Comprehensive Economic Partnership (RCEP) is a mega trade deal that aims to cover goods, services, investments, economic and technical co-operation, competition and intellectual property rights.

'India has initiated 353 anti-dumping cases as on November 28'

Wed, 30 Nov 2016 10:19:12 GMT

(image) Countries initiate an anti-dumping probe to determine whether their domestic industries have been hurt because of surge in cheap import of any product.

Commerce Ministry had suggested for fair valuation of rupee: Nirmala Sitharaman

Wed, 30 Nov 2016 10:08:18 GMT

(image) She was replying to a question as to what extent strengthening of rupee will impact exports and whether the ministry has asked to devalue rupee to boost exports and reasons behind RBI's refusal to do so.

'Improved legal standards needed to deal with trade disputes'

Tue, 29 Nov 2016 16:48:45 GMT

(image) Senior diplomat also talked about various steps like lowering cost of credit and helping businesses to restructure and recover in boosting trade globally.

India's trade deficit with China rises to $53 billion in FY16

Mon, 28 Nov 2016 09:43:56 GMT

(image) During the April-Sept period of 2016-17, the deficit is at USD 25.22 billion, Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.

India's April-September tea exports drop by 2%

Mon, 28 Nov 2016 08:35:08 GMT

(image) In terms of quantity, the exports have dipped to 101.04 million kg from 106.36 million kg in the corresponding period last fiscal.