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Latest Articles in trade

India Extends Canada Exemption From Crop Fumigation Policy

Sources in India said the exemption applies to all countries and crops, but Canada, as the biggest pulse exporter, was affected most

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Engineering Sales Lift India's Exports For Sixth Month In Feb

Ahead of the G20 finance ministers meeting this week in Germany, the International Monetary Fund has called on the Group of 20 major economies to work together to preserve the benefits of trade and avoid protectionism

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Japan Asks WTO To Set Up Settlement Panel In India Steel Dispute

Japan in December asked for WTO dispute consultations with India over steel safeguard duties and a minimum import price for iron and steel products

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India Considers Reinstating 25 Per Cent Wheat Import Tax

India, the world's second-biggest wheat producer, lowered the import tax on the grain to 10 percent from 25 percent in September 2016 and scrapped the duty on Dec. 8 last year

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Wheat Imports To Slow After March On Fumigation Rule Change

New Delhi has asked exporters to fumigate their cargoes with methyl bromide, an insect control gas banned in Europe and the Black Sea region

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German Current Account Surplus To Hit Record

Munich-based Ifo economic institute says Germany's current account surplus is expected to have hit a new record of $297 billion in 2016

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North-East Needs More Infra Fund For Development

If government focuses upon providing the acceleration of infrastructure creation in North-eastern region (NER) then automatically spillover effect can be witnessed in boosting trade, commerce and untapped tourism potential

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Sugar Output Down 5.3 Per Cent, Says Trade Body

A drop in production could lift local prices and prompt the world's second-biggest consumer to allow duty-free imports of the sweetener

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India's Trade Deficit With China Mounts To $46.56 Billion

The total India-China bilateral trade in 2016 amounted to $70.8 billion, a decline of 2.1 per cent as per the trade figures released by General Administration of Customs

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EU Lifts 3-Year Ban On Import Of Some Vegetables From India

In May 2014, a ban was imposed by the European Commission on import of mangoes, bitter gourd, egg plant, snake gourd and taro leaves from India on grounds of interceptions of harmful organisms leading to fears on account of bio-security of the region

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Steel Ministry Seeks Lower Import Taxes On Key Raw Materials

The finance ministry could even scrap the current 5 percent import duty on nickel, largely used in stainless steel production, says Aruna Sharma, the top civil servant at the steel ministry

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Services Sector Set To Benefit From Global Trade

Services expected to form 25 per cent of global trade in a sustained manner by 2030, driven by growth in B2B and ICT

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India To Produce Surplus Sugar In 2017-18: Industry Body

The world's biggest consumer of sugar is unlikely to import the sweetener in the 2016-17 marketing year that started on Oct. 1

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Pakistan Resumes Cotton Imports From India: Government Official

The resumption in the cotton trade will help India in exporting surplus, while Pakistan will benefit from cheaper supplies

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India Scraps Wheat Import Duty, Purchases May Hit Decade High

Traders say output in the last two crop years has fallen well below the peak of 2013/2014, reducing stocks to the lowest level in nearly a decade and inflating domestic prices

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