India and the European Union (EU) have jointly urged the World Trade Organisation (WTO) to postpone the implementation of a ruling against India's import duties on certain Information and Communicatio...
India's trade deficit reached a 20-month low in Apr, shrinking to US$ 15.2 billion. The decline can be attributed to lower commodity prices....
Dr Badri Narayanan Gopalakrishnan, Fellow, NITI Aayog and Member, Committee for Advanced Trade Research, speaks in detail about the manner in which AI is transforming manufacturing and international t...
The newly announced National Medical Devices Policy 2023 is expected to help the medical devices sector grow from the present US$ 11 billion to US$ 50 billion by 2030. But can this address the persis...
Trade Infrastructure for Export Scheme (TIES) is a scheme launched by the Government of India in 2017 with the aim of creating and upgrading infrastructure facilities for boosting exports. ...
The new merchanting policy, as mentioned in the Foreign Trade Policy 2023, will now allow trade of restricted items without touching Indian shores. The tweak in policy will be beneficial to merchants,...
United Nations Conference on Trade and Development (UNCTAD) has said that the world trade hit a record $32 trillion in 2022, but growth turned negative in the last half of 2022....
India's merchandise exports fell by 8.8% YoY basis in February 2023, taking overall export value to US$ 405.94 billion during April-February. Despite the subdued global economic scenario, India's serv...
According to the latest trade data released by Ministry of Commerce, the merchandise exports rose 8.51% to US$ 369.25 billion, while imports increased 21.89% to US$ 602.20 billion during April-January...
Prof Manoj Pant, Director, Indian Institute of Foreign Trade, discusses the trends in global trade over the past 5 years and how policymakers should approach the Foreign Trade Policy 2021-26 with Indi...
