scorecardresearch
Tuesday, November 5, 2024
TopicForeign trade

Topic: Foreign trade

As trade grows, India warns SMEs to avoid getting ripped off in China — ‘adopt adequate precaution’

Indian embassy issues advisory, highlighting pitfalls of doing business with Chinese firms, particularly those from Shandong, Hebei, Guangdong, Jiangsu and Zhejiang.

British Foreign Secretary David Lammy visits India, India-UK FTA negotiations in focus

Lammy's visit to New Delhi is the first high-level engagement between India and the UK after Prime Minister Keir Starmer's Labour government came to power on 5 July.

India’s economic sway in Africa is far behind China’s but ‘trump cards’ yet to be played

India is believed to have several ‘trump cards’ for the continent, one of them being MSME sector. Triangular projects & strategic investment can further propel its influence in Africa.

India and China don’t agree on how much they trade with each other, and the gap is widening

Over past 3 years, commerce ministry data on bilateral trade with China has hovered around $95 bn. Data from Chinese govt over last 3 fiscals shows figures steadily above $110 bn.

A dormant transport corridor between India, Russia, Iran is active 20 years later. Here’s why

India's trade boom with Russia & strategic interests in Chabahar Port have brought International North South Transport Corridor (INSTC) back into focus.

Red Sea crisis could spike inflation & lower growth, but other routes have own issues, says govt

Sectors like fertilisers, oil, auto, chemicals, textiles & metals could be further affected, it warns in monthly report. Diversifying trade routes could lower competitiveness of exports.

Trade talks with EFTA conclude after 17 years, agreement to be signed ‘in next 10 days’

India and 4 member countries of European Free Trade Association have held 13 rounds of negotiations between 2008 & 2013. Negotiations were placed on hold before resuming in October 2016.

India, UAE sign agreement on India-Middle East Economic Corridor

The corridor, announced on sidelines of the G20 summit, aims to extend from India across the Arabian Sea to UAE and through Saudi Arabia before connecting through Jordan & Israel to Europe.

India-US look to bolster trade ties, work together on critical minerals, says US trade representative

India's trade minister Piyush Goyal and his US counterpart Katherine Tai held their annual trade policy talks in New Delhi on 12 January. Tai is on a three-day visit to India.

As cooperation on critical & emerging tech deepens, US and South Korea to hold dialogue with India

Trilateral dialogue comes as India attempts to position itself as a manufacturing hub of critical technologies such as semiconductors, where South Korea is a global leader.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.