trade

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    State Government Establishes Board for Traders

    Kolkata, March 12 West Bengal Chief Minister Mamata Banerjee announced the formation of a traders' welfare board on Thursday, a long-standing demand of the business community, and stated that it would serve as an institutional platform between traders and the state government.Banerjee also...
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    Government Plans Initiative for Nomadic Communities

    New Delhi, March 12 The Delhi government is working towards recognizing and promoting Denotified, Nomadic, and Semi-Nomadic communities, and will organize a grand event on April 8 to mark World Banjara Day, Tourism Minister Kapil Mishra said on Thursday.Mishra has met a delegation of the...
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    Trade Deficit Persists as India Adjusts FDI Rules for China

    Beijing, March 12 China has refrained from responding to India's decision to ease foreign direct investment norms for countries sharing land borders with it. While the Chinese business community has described this move as a "partial" opening up, with restrictions still in place on large-scale...
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    India Reaffirms Ties with Chile at Presidential Inauguration

    March 12, New Delhi — India's Minister of State for External Affairs, Kirti Vardhan Singh, represented India at the Presidential Inauguration Ceremony in the Chilean port city of Valparaíso during his official visit to Chile. The visit reaffirmed India's commitment to strengthening its...
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    US Envoy Praises India's Role in Stabilizing Oil Prices

    New Delhi, March 11 India is one of the largest consumers and refiners of crude oil, and it is essential for New Delhi and Washington to work "hand-in-hand" to ensure the stability of the energy market, US Ambassador Sergio Gor said on Wednesday.His conciliatory gesture came as the Congress...
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    India Strengthens Shipping Capabilities Amid Global Shifts

    Mumbai, March 11 The government reviewed measures to strengthen maritime capabilities amid evolving global geopolitical and trade dynamics on Wednesday, and also held a high-level interaction with the National Shipping Board to address emerging challenges in the domestic shipping sector...
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    India's Oil Purchases Support Global Prices, Says U.S. Envoy

    U.S. Ambassador to India, Sergio Gor, today praised India's role in maintaining stable oil prices globally. In a social media post, Mr. Gor stated that the United States recognizes that ongoing purchases of Russian oil are part of this effort. He added that India is one of the largest consumers...
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    Reliance Invests in Texas Refinery, Boosting US Energy

    Washington/New Delhi, March 11 Billionaire Mukesh Ambani's Reliance Industries will partner in building the first new oil refinery in the US in 50 years, US President Donald Trump said, calling it the "biggest in US history".The new refinery will be located in Brownsville, Texas, and will be...
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    India-Chile Relations: Focus on Minerals, Trade, and Clean Energy

    Minister of State for External Affairs Kirti Vardhan Singh met with Chile's incoming President, José Antonio Kast Rist, ahead of the presidential inauguration ceremony. In a social media post, the minister stated that he reaffirmed India's commitment to working closely with the new Chilean...
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    Partnership Deepens Between India and South Africa

    March 11, Pretoria/South Africa — The 2nd India–South Africa Business Conclave highlighted the growing economic ties between the two nations.Bilateral trade reached approximately $18.1 billion in 2024–25, with minerals and metals flowing from South Africa, and petroleum products, vehicles...
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    Software Exports Rise 11% in 2024-25, Driven by Engineering and BPO

    New Delhi, March 10 The export of computer software and services, including ITeS and BPO, increased by 11 per cent year-over-year to USD 222 billion in 2024-25, the Electronics and Computer Software Export Promotion Council said on Tuesday.Exports were at USD 200 billion in 2023-24, according...
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    Congress Accuses Modi Government of 'Calculated Capitulation' on FDI

    New Delhi, March 10 The Congress on Tuesday attacked the Centre for easing foreign direct investment (FDI) norms for China, saying it is a part of the Modi government's "calculated capitulation" to that country.The government on Tuesday eased FDI norms for China and other countries sharing...
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    Investment Boost: Government Simplifies FDI Norms for Land Border Countries

    New Delhi, March 10 The government on Tuesday eased foreign direct investment (FDI) norms for China and other countries sharing land borders with India, allowing overseas firms with up to 10% ownership from these nations to invest in the country without mandatory approval.Previously, overseas...
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    Connectivity Upgrade: Madurai Airport to Connect Southern Tamil Nadu to Global Markets

    Chennai, March 10 – The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the declaration of Madurai Airport in Tamil Nadu as an international airport, a move expected to significantly enhance connectivity and economic prospects in the southern parts of the state...
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    Iran Exports Delayed: Ports Face Disruptions Amid West Asia Situation

    New Delhi, March 10 Cargo worth approximately Rs 345 crore, destined for export to Iran, is currently stranded at Kandla and Mundra ports due to the ongoing West Asian crisis, Parliament was informed on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce and Industry...
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    India Eases FDI Rules for Border Countries

    New Delhi, March 10 The government eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.They said that Press Note 3 of 2020 has been amended in this regard.The decision was taken in a meeting of the Union Cabinet...
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    Afghanistan Trade Under Pressure: India Calls for International Support

    March 10, New Delhi – India’s UN Ambassador, P. Harish, addressed the United Nations Security Council on the situation in Afghanistan.He strongly criticized what he termed “trade and transit terrorism,” making a veiled reference to Pakistan, and urged the international community to protect the...
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    UNSC Debate: India Calls for Safeguarding Afghanistan's Economy

    March 10, New Delhi – India’s UN Ambassador P. Harish addressed the United Nations Security Council on Afghanistan.He strongly criticized what he termed "trade and transit terrorism," making a veiled reference to Pakistan, and urged the international community to protect the economic rights of...
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    Government Amendments FDI Norms: China Included

    New Delhi, March 10 The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.They said that Press Note 3 of 2020 has been amended in this regard.The decision was taken in a meeting of the Union...
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    RSP Plans 'Development Diplomacy' to Strengthen Nepal-India Ties

    Kathmandu, March 10 Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane has said he looks forward to strengthening Nepal-India ties through "development diplomacy" as he thanked Prime Minister Narendra Modi for congratulating him on the party's electoral success.The RSP is on track to...
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