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Taking merchandise and services together, overall trade deficit for FY18 is estimated at $80.61 billion as compared to $41.79 billion during FY17.

Canada, Thailand seek to join WTO consultations over India tariff...

The US, Singapore and Chinese Taipei had also expressed their interest to join consultations in this dispute on Tuesday.

24 April 2019 5:03 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

Business

India is not a tariff king, has right to protect specific sectors...

US Prez Donald Trump repeatedly claimed India is a 'tariff king' and imposes 'tremendously high' import duties on...

21 April 2019 1:48 PM IST

WTO member countries should first focus on finding permanent solution for the food security purposes and providing protection to poor farmers.

Business

Singapore, Canada seek to join WTO consultations over India's ICT...

According to a communication of WTO, both countries have stated that they have a substantial trade interest in ICT...

21 May 2019 3:32 PM IST

India

Collapse of WTO's dispute system, imbalance in reform agenda: India

The issues were flagged by India on first day of a meeting of senior officials of 22 members of the WTO.

13 May 2019 2:48 PM IST

PM Narendra Modi addresing the SCO summit in Bishkek (Photo: ANI)

Business

Modi says one-sided decisions drive development of global economy

Development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system.

28 Jun 2019 10:00 AM IST

$The Union Commerce Secretary Anup Wadhawan said, \The benefits in absolute sense and a percentage of trade involved are very minimal and moderate.$ Business

India to impose retaliatory tariff on 29 US items from June 16

A notification with this regard will be issued by the finance ministry soon, sources said.

14 Jun 2019 5:21 PM IST

US President Richard Nixons historic meeting in 1972 with Mao Zedong, chairman of the Communist Party of China.

Books

Can't China do for India what US did for China?

The Complete Story of Indian Reforms, 2016. His latest is a career first, deep-dive into geo-political economy.

2 Aug 2019 1:46 AM IST

US economy entered recession in February. (AP Photo)

Opinion

Manish Tewari | Is the world heading into another recession?

Macroeconomic instability is bound to impact living standards and increase poverty

9 Oct 2022 12:05 AM IST

The countrys vast coastline provides huge potential for the domestic industry in terms of exploiting marine products and promoting exports, Commerce and Industry Minister Suresh Prabhu said on Tuesday.

Business

Suresh Prabhu to meet Airbus officials in Paris

The minister is in Paris for the meeting of the Organisation for Economic Cooperation and Development.

31 May 2018 4:17 PM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Business

Trade facilitation pact at WTO to push global economy, says Prabhu

He was speaking at the inauguration of Global Exhibition on Services, organised by the commerce ministry and industry...

15 May 2018 4:15 PM IST

Donald Trump on Friday recited the lyrics of a song seen as anti-immigration called The Snake to drive home his point about restricting immigration. (Photo: File)

Opinion

India next on Trump's list?

First Mr Trump has already taken a dispute with India to the World Trade Organisation over what he sees huge export...

25 March 2018 12:10 AM IST

China also announced retaliatory measures against the US. (Photo: AP)

Business

Trade deficit with China costs 2 mn jobs to US: White House

China's unfair trade practices has resulted in a goods trade deficit of USD 370 billion.

23 March 2018 12:28 PM IST