English

Tehran is ready to sign a long-term contract with India: Iran

August 29, 2022 Vinayak Barot

New Delhi: For the development and financial stability of the country, the Iran government is expecting to develop good trade and other relations with the New Delhi government. The Tehran government said that it is ready to sign a long-term contract with India on developing the Chabahar port to realize its true potential in the coming […]

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Taiwan and the US to hold formal talks to boost trade ties

August 18, 2022 Vinayak Barot

New Delhi: Amid rising tension between island country Taiwan and Communist China, The US trade representative on Wednesday announced that Taiwan and the US agreed to start trade talks under a new initiative. “Both countries wanted to reach agreements with economically meaningful outcomes in another sign of stepped-up US support for the island,” a US […]

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Trade: India’s Seafood Exports rise 15 percent in June Quarter

August 13, 2022 Vinayak Barot

 New Delhi: In the middle of trying to making the country’s economy $5 trillion, all sectors are giving their best output in the contribution. On Friday, The Marine Products Export Development Authority (MPEDA) Chairman said, “India’s seafood exports rose 15 percent on year to USD 1.99 billion in the first quarter ended June 2022. In […]

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Russia is ready to export grain if the West lifts bans

June 30, 2022 Vinayak Barot

New Delhi: Russian Foreign Ministry Spokeswoman Maria Zakharova on Wednesday said, “Russia is not preventing the export of grain from the territory of Ukraine and is ready to export tens of millions of tonnes of its own grain if the West stops blocking food supplies.” According to her, if the West is worried about the onset […]

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Business

Easy Trade Between India-EU to Help Open Doors for Several Domestic Sectors

June 21, 2022 Vinayak Barot

New Delhi: Minister of Commerce and Industry Ministry – Piyush Goyal on Monday said, “The proposed free trade agreement with the European Union, when implemented, will provide greater market access for several domestic sectors such as textiles, leather, and sports goods in the EU market,” Minister Goyal told reporters that, “the EU is a large […]

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Russia must comply with international standards, rules of the trade: official

June 20, 2022 Vinayak Barot

New Delhi: Russia must comply with rules of international trade and international standards, including technical, food, and other ones, Russian Accounts Chamber chairman Alexey Kurdin believes. “Russia must retain its adherents to the basic institutions of the market; the globalization has not gone anywhere, although many have started talking about island economies, and technological powers. I […]

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US weapons supplies to Kyiv won’t force Russia to comply with Washington’s rules

June 20, 2022 Vinayak Barot

New Delhi: By supplying arms to Ukraine, the United States will not be able to deprive Russia of the right to its own voice in international affairs and force it to comply with the rules invented by Washington, Russian Foreign Minister Sergey Lavrov said in an interview with the media on Sunday. When asked about what […]

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Business

After a 9-year lull, India and EU re-launch negotiations for India-EU Free Trade Agreement

June 18, 2022 Vinayak Barot

New Delhi: In a joint event held at the Headquarters of the European Union (EU) in Brussels yesterday, Union Minister for Commerce and Industry, Consumer Affairs and Food & Public Distribution and Textiles, Piyush Goyal, and Valdis Dombrovskis, Executive Vice-President of European Commission formally re-launched the India-EU Free Trade Agreement (FTA) negotiations. Besides, Negotiations were also […]

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One District One Product will give Impetus to the Handicraft Sector

June 15, 2022 Vinayak Barot

New Delhi: One District One Product (ODOP) will give impetus to the handicraft sector as well as the artisans, said Minister of State for Textiles, Darshana Vikram Jardosh while inaugurating the “The Lota Shop”, at National Crafts Museum on June 14. She reiterated the significance of museums stating that there’s huge potential for them to attract […]

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Business

Trade: India’s merchandise exports likely to be at USD 117.2 bn in Q1 FY23

June 14, 2022 Vinayak Barot

New Delhi: In the middle of rising export of the nation, The India Exim Bank has predicted that the merchandise export of the country in Q1 of FY23 may be USD 117.2 billion. “The total merchandise exports stood at USD 95.5 billion in the corresponding quarter of the previous year,” the statement released by the Bank […]

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