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Indian trade
Indian trade News
Big Update On Indian Currency
23 Jul 2023
Big Update On Indian Currency,indian trade,indian rupee,indian railways,indian rupee falling,indian rupee replace dollar,inflation in india,
The popularity of the Indian rupee in international trade is continuously increasing. So far, the dollar has had a major share in global trade and most of the countries of the world use dollars to buy and sell goods from each other. Many countries of the world have taken interest in using rupee for international trade.
Nirmala Sitharaman
28 Feb 2022
Govt worried about impact of Russia-Ukraine conflict on India's exports: FM
Sitharaman said the government is closely monitoring the evolving situation in the Russia-Ukraine region and assessing the impact of the conflict on the country`s trade. The Finance Minister pointed out that Ukraine is a major supplier of sunflower oil seeds and fertilizers and the disruption in supply would impact essential commodities like edible oil.
India-US trade
20 Feb 2022
India, US in dialogue to boost economic ties
Talking about India's trade, the minister said the country's merchandise exports would cross the USD 400 billion mark in this fiscal. He said that India has increased customs duties on certain products to contain low-quality import of goods and to provide a level-playing field to domestic firms for promoting manufacturing. Talking about revamping the commerce ministry, he said the ministry has engaged BCG for that.
Piyush Goyal
10 Sep 2020
'India's USP should be around high quality, good service and good pricing'
Lauding the Indian industry’s hard work and tenacity, Goyal said that from nowhere, in just 5 months, India has evolved in terms of becoming self-reliant in the production of PPE kits and masks Goyal said that India has not only become self-sufficient in these items but is exporting them in large numbers He said “It's a market that businesses around the world want to engage with. The businesses will not only get a large Indian market but can also leverage this market to get economies of scale"
FDI
22 Mar 2016
100% FDI in Commodity Broking
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
cuts
22 Mar 2016
Adjust exchange rates to make India's trade competitive: CUTS
"Given the important role that trade can and should play in our economic growth, relevant government agencies in India need to adjust exchange rates in a manner that they make our trade more competitive, without much pressure on our inflation," it said in a statement.
exports
19 Jul 2015
Dip in exports: Govt sets up council for trade promotion
The Union Commerce and Industry Minister will be the chairperson of 'Council for Trade Development and Promotion', while trade/commerce ministers in states and Union Territories will be the members.
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