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COMMERCE AND INDUSTRY MINISTRY
45% of India’s exports to US out of 10% section 301 tariffs: GovtThe US has placed India in a lower tariff bracket of ten percent. Approximately forty-five percent of India's exports to the US remain outs...
India reiterates WTO-consistent trade policy, calls for development-oriented reformsIndia concluded its eighth Trade Policy Review at the WTO. Members broadly appreciated India's constructive engagement and economic resilie...
India's solar push idles factories unable to shake reliance on ChinaIn a concerning turn for India's renewable energy sector, solar panel manufacturers are ceasing production because vital components are in ...
Parliament Watch: FM on rupee, Rs 16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
India engaged with the US, studying all the developments: Govt tells ParliamentThe government told Parliament it is closely monitoring developments in its trade relationship with the US and remains engaged with Washing...
PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
China considers tighter export controls on AI models and chipsRegulators led by the China's Ministry of Commerce (MofCom) have been consulting leading domestic AI and chipmaking groups on how to prev...
India joins WTO fish subsidies pact, 900 questions at trade policy reviewIndia has joined the WTO agreement on fisheries subsidies, prohibiting harmful fishing practices. This pact safeguards traditional fishers ...
India joins WTO's agreement on fisheries subsidiesIndia has formally accepted the WTO agreement on fisheries subsidies. This pact prohibits government support for illegal fishing and over-e...
IIT graduate once failed to qualifty for JEE. Today, he is the director of IIT Madras. Who is V Kamakoti?Now the director of IIT Madras, V Kamakoti's journey to success was anything but smooth. He did face some academic disappointments. He once...
India, Spain to fast-track UPI-Bizum interoperability talksThe two countries have also discussed ways to strengthen investment facilitation, improving mobility of professionals and promoting joint i...
Iron ore joins core sector as government revamps indexIron ore has been added to the core sector industries list, expanding it to nine. The government will release a revised Index of Core Indus...
Govt adds iron ore to core sector index taking total components to 9Iron ore has been added to the core sector infrastructure industries list. This inclusion increases the total number of key sectors from ei...
PM Modi pushes to cut imports to shield India from shocksIndia is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce d...
Andy Burnham likely to remain pro-India if he becomes UK PM: Trade chief Harjinder KangUK's Trade Commissioner Harjinder Kang expressed confidence in continued strong India relations. He noted a broad cross-party consensus on ...
Piyush Goyal set to visit Belgium, Spain and Finland this weekCommerce Minister Piyush Goyal begins a five-day European tour to Spain, Belgium, and Finland. He will discuss boosting trade and investmen...