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WTO BUDGET 2024
Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: OfficialExports under the RoDTEP scheme are projected to grow over 20% CAGR from 2023-24 to 2025-26, despite global economic challenges. The scheme...- White House drops World Trade Organization from list of funding cutsThe cuts announced on Friday are part of a broader push by Trump and his "Make America Great Again" political movement to reduce U.S. spend...
- Tariffs cause 'unprecedented' disruption to global trade rules, WTO chief saysGlobal trade under WTO terms sees a decline. Ngozi Okonjo-Iweala highlights the largest disruption to global trade rules in decades. She ex...
- Donald Trump tariffs average hit highest level since Great Depression era. Details hereThe updated average tariff rate exceeds the nearly 20-percent rate that the United States applied in the 1930s, a period of high tariffs th...
- Trump tariffs drive US effective tariff rate to 17%, customs revenue hits $50 billionFitch Ratings reported the US effective tariff rate at 17% after recent reciprocal tariffs, despite India's higher simple average tariff of...
- US raises concerns at India’s high duties, IPR regimeThe US has raised concerns over India's trade barriers, including high tariffs on various products, stringent dairy import requirements, an...
- US 'in arrears' at the WTOThe United States has not paid its 2024 dues to the World Trade Organization and is now in 'arrears', impacting the WTO's operational capac...
- US pauses financial contributions to WTO, trade sources sayThe United States has halted contributions to the World Trade Organization as part of a review of federal spending. The U.S. has already ca...
- How a standalone ministry of manufacturing and supply chains could do the trick for IndiaIndia is negotiating seven bilateral trade agreements, prioritising the US for strategic reasons amidst fluctuating global trade dynamics. ...
- In US tariff war, India should follow the nations with ‘saner voices’: Former finance minister ChidambaramP Chidambaram criticised the government's approach to the impending US tariff war, arguing against protectionism and for aligning with nati...
- US tariffs: India will become a less attractive destination for investment in manufacturingThe big economic story, post-pandemic and before Trump 2.0, was India as 'China Plus One' for global manufacturing. Even some positive outc...
- PM Modi only interested in 'tareef', not concerned about tariffs: Jairam Ramesh's dig on 'US threat'Congress general secretary Jairam Ramesh criticizes Prime Minister Narendra Modi for not addressing US President Donald Trump's reciprocal ...
- View: Why India should be more open and thank Trump for forcing tariff cutsThe US justifies Trump's demand for a fair trading system, citing high tariffs faced by US exports. The 'exorbitant privilege' of running t...
- Trump tariffs leave WTO adrift in eye of the stormThe WTO, aimed at ensuring predictability in global trade, has been weakened by US President Trump's tariff moves, especially due to the pa...
- Paper and paperboard imports rise by 3.5 pc in April-September FY25India's paper and paperboard imports increased by 3.5% in the first half of the 2024-25 fiscal year, driven by a 44% surge in imports from ...
- Import duty hike, quality control norms: What India's paper industry seeks from Budget 2024It its pre-budget submission to the govt, the industry has urged for increasing the basic customs duty on the import of paper and paperboar...
- Request government for protectionist measures in Budget; remove duty on raw materials: Abhyuday JindalJindal Stainless Ltd (JSL) MD Abhyuday Jindal has urged the government to remove import duty on raw materials in the upcoming Union Budget ...
- Govt extends support under RoDTEP scheme till June 30, 2024The Indian government has extended support under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme until June 30, 2024...
- China slowdown won't have much impact on India, says Finance Secretary TV SomanathanIndia's finance secretary, T.V. Somanathan, has said that the slowing Chinese economy is unlikely to have much of an impact on India's econ...
- Market Movers: What changed for D-Street while you were sleepingCheck out what all might matter on Dalal Street all through the day.
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