India's goods exports dip 6.86 per cent in August, trade deficit narrows to USD 24.16 billion
Business | September 15, 2023 19:18 ISTTrade deficit of the country in August was recorded at USD 24.16 billion.
Trade deficit of the country in August was recorded at USD 24.16 billion.
These duties were initially imposed in 2019 in response to the US increasing tariffs on specific steel and aluminium products.
Sebi had observed large-scale reversal trades in the illiquid stock options segment on BSE, leading to artificial volumes on the exchange.
The Narendra Modi government at the Centre has set up a board that will frame policies aiming to benefit the traders and their employees, with a motive to move in the direction of 'Ease of trading'.
'Prachanda' is on a four-day visit to India and this is his first bilateral trip abroad after assuming the top office in December 2022.
Among the Sensex firms, HDFC, HDFC Bank, Maruti, IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra, Bharti Airtel and ITC were the biggest laggards. Bajaj Finance, Infosys, Bajaj Finserv, Wipro, Asian Paints and Tata Consultancy Services were among the major gainers.
Commerce and Industry Minister Piyush Goyal is one of the co-chairs along with External Affairs Minister (EAM) S Jaishankar and Union Minister of State for Electronics and Information Technology (MeitY) Rajeev Chandrasekhar.
According to the SPIEF director, India-Russia trade reached a new high of $39.8 billion in 2022-23. The increase in bilateral trade coincided with India's large purchase of discounted Russian oil.
The commerce ministry, in a statement ,said that India and Gulf Cooperation Council (GCC) have agreed to expedite the conclusion of the requisite legal and technical requirements for the formal resumption of the free trade agreement (FTA) negotiations.
According to a report by Pakistani media, Islamabad said that they will open trade route with India because of flood and food price hike.
Mumbai: The rupee appreciated by 6 paise to close at 79.86 (provisional) against the US dollar on Friday, supported by foreign fund inflows and a positive trend in domestic equities. However, higher crude prices in the international markets restricted the rupee's gain, forex dealers said.
New Delhi: India-UK free trade agreement will help to boost the country's services exports, particularly from the legal, accounting, and auditing sectors, Services Export Promotion Council (SEPC)
According to the data of the commerce ministry, in 2021-22, the bilateral trade between the US and India stood at USD 119.42 billion as against USD 80.51 billion in 2020-21.
FM Sitharaman will hold consultations with representatives of services and trade sector and with experts from industry, infrastructure and climate change.
The chief minister's statement came two days after Punjab Congress chief Navjot Singh Sidhu batted for opening of trade with Pakistan through the Attari-Wagah land route.
USIBC congratulated Piyush Goyal and USTR Katherine Tai for a successful reconvening of the US-India Trade Policy Forum and said that they are glad to see the robust agenda set forth by the leaders.
India and the UK on Tuesday unveiled an ambitious 10-year roadmap to boost cooperation in key areas, including defence, security and healthcare, and announced an enhanced trade partnership under which they agreed to negotiate a comprehensive and balanced FTA including an interim trade pact for delivering early gains.
US President Joe Biden raised the issue of human rights in Xinjiang, the crackdown in Hong Kong and the trade disputes in his first discussion with his Chinese counterpart Xi Jingping after taking over, the White House said on Thursday.
Several farmers of Banda district in Uttar Pradesh welcomed new agriculture laws.
Amid border tension with China, the government has changed trade rules imposing restrictions on public procurement from China and other countries with the common border.
Top News
Latest News
