.

Government tells missions to push exports

NEW DELHI: Amid tariff trouble, for Indian commercial missions the message from the Prime Minister’s Office (PMO) and the commerce department is clear: “Har ek country zaroori hota hai”.PMO officials have held at least five meetings with Indian missions, ministry of external affairs and trade bodies, underlining the need to step up trade engagement for…

Read More
'Strong wicket': Piyush Goyal says November exports show healthy rise; merchandise trade picks up after October slump

‘Strong wicket’: Piyush Goyal says November exports show healthy rise; merchandise trade picks up after October slump

India’s exports posted a healthy rise in November after a sharp fall in October, Commerce and Industry Minister Piyush Goyal said on Wednesday, indicating that outbound shipments had regained momentum despite global volatility. He did not reveal the numbers, with the commerce ministry set to release official data on December 15.According to PTI, Goyal said…

Read More
Trade boost: Exports rebound in November; Piyush Goyal says shipments back in 'positive territory'

Trade boost: Exports rebound in November; Piyush Goyal says shipments back in ‘positive territory’

India’s merchandise exports, which had fallen sharply in October, have bounced back this month and entered positive territory till November 21, Commerce and Industry Minister Piyush Goyal said on Thursday.After chairing a meeting of the Board of Trade, Goyal told reporters that the latest quick estimates show a clear uptick, according to PTI.“Exports are in…

Read More
Trump’s tariff exemptions for 200 products: How India’s agricultural exports will benefit from US move - explained

Trump’s tariff exemptions for 200 products: How India’s agricultural exports will benefit from US move – explained

Commerce Ministry has said that India stands to benefit from the US decision to withdraw reciprocal tariffs on select agricultural products. (AI image) After imposing sweeping tariffs, the Donald Trump administration has softened its stance as prices of basic commodities have gone up in the US. Last week Trump announced that he will be doing…

Read More
Trump’s 50% tariffs on India: Will Modi government’s Export Promotion Mission be able to counter impact? Top weaknesses & challenges

Trump’s 50% tariffs on India: Will Modi government’s Export Promotion Mission be able to counter impact? Top weaknesses & challenges

The Union Cabinet on Wednesday approved the Export Promotion Mission (EPM) to establish a structure for enhancing India’s export capabilities. (AI image) The Modi government’s move to approve an Export Promotion Mission aimed at countering the impact of the global trade situation may be laced with implementation challenges, says Ajay Srivastava, founder of Global Trade…

Read More