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FOREIGN TRADE POLICY 2023
Small exporters get compliance relief as govt removes RCMC requirement for shipments up to Rs 3 lakhThe government has removed the requirement of Registration-cum-Membership Certificate (RCMC) or Certificate of Registration for export cons...- Tonight's US Fed rate decision will cast a long shadow over IndiaFederal Reserve Rate Impact on India: Federal Reserve rate hike is set to intensify pressure on India’s rupee, bond yields, inflation and m...
- Introduce UCC Bill in Parliament instead of pushing it via states: Omar Abullah to BJPJammu and Kashmir Chief Minister Omar Abdullah criticised the BJP's Uniform Civil Code strategy. He stated the bill should be introduced in...
- Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
- BCCI writing foreign policy? India's Asia Cup Trophy snub raises questionsIn a surprising turn of events, the Indian women's cricket team declined to accept the Asia Cup trophy following their victory. This decisi...
- India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
- US court blocks Trump administration rule restricting stay for foreign students, journalistsA US federal judge has blocked a Trump administration rule that would have ended the longstanding “duration of status” system for internati...
- China urges more FX hedging to aid exportsChina's foreign exchange regulator is urging banks to implement currency hedging options for exporters. This strategy intends to protect bu...
- Trump the economist gets this one rightDonald Trump advocates for the world's lowest interest rates, citing America's strong credit standing. However, global central banks face r...
- India-Vietnam defence partnership gets a major push: Joint production of military hardware planned as both nations strengthen Indo-Pacific security tiesIndia and Vietnam are set to strengthen their defence partnership through joint production initiatives while also working to boost bilatera...
- Bond market shock: 10-year US Treasury yield tops 5% as oil spike puts Federal Reserve on rate-hike pathUS bond yields climbed significantly on Monday, surpassing 5%. Crude oil prices jumped, reviving inflation concerns among investors. This s...
- India to set up central processing department for faceless trade facilitationA central processing department will be established within the Directorate General of Foreign Trade. This new unit aims to implement a face...
- Ukraine-Russia war spills into Africa as Ukrainian drone experts train forces in Mali, turning Kyiv’s battlefield experience into a new challenge for Moscow’s growing influenceUkrainian military experts are currently deploying their drone expertise across Africa and the Middle East. These specialized teams lend su...
- De-dollarisation and its impact on commodities and global tradeFor decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, indu...
- Pakistan wants a seat at the BRICS table. What stands in its way?Pakistan formally applied for BRICS membership in 2023 and sought Russia’s backing, but its bid has yet to succeed. While Islamabad could c...
- Canada eases study rules for foreign workers, permits short courses without study permitCanada now allows eligible work permit holders to study short courses. This new policy removes previous restrictions on course duration. Fo...
- Scott Bessent: Can use US balance sheet for foreign policyUS Treasury Secretary Scott Bessent elaborated on leveraging financial mechanisms to achieve foreign policy objectives. He argued that this...
- As Trump takes center stage in Dallas, Republicans debate a future without himRepublicans gather in Dallas to rally support ahead of midterm elections. Discussions about the party's future and leadership are intensify...
- Global Market: Yen carry trade under pressure as currency surge raises unwind fearsJapan's yen has reached a seven-month high, impacting global financial markets. Investors are reassessing the yen carry trade strategy due ...
- Finance Ministry notifies norms allowing e-commerce firms to maintain inventory only for exportsIndia has relaxed FDI rules for e-commerce exports, allowing foreign-funded e-commerce companies to hold inventory if the goods are made in...
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