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Tuesday, July 22, 2025
TopicForeign trade

Topic: Foreign trade

Focus on rupee trade, e-commerce exports: Key highlights of Foreign Trade Policy 2023

New FTP expects e-commerce exports to grow up to $200-300 billion by 2030. It also proposes reduced licence fees for MSMEs, provisions for merchanting trade & more.

‘Similar or higher’ goods exports likely for India in FY 2023-24: Director General of Foreign Trade

In exclusive interview to ThePrint, DGFT Santosh Kumar Sarangi talked about India's free-trade agreements with UAE & Australia, new Foreign Trade Policy & China opening up its economy.

Ban on wheat export is tyranny. It stops farmers from getting a windfall from higher prices

Modi govt's ‘deal’ for the farmer is: ‘Heads I win, tails you lose’. Just when farmers might receive a decent price, the govt floods the market with imports or bans exports.

Political nod for pvt foreign trips ‘uncalled for’: Delhi HC quashes MEA order for SC, HC judges

HC also rejected the Centre’s contention that information on judges traveling abroad privately is required so that they can be given requisite assistance in case of an emergency.

Rupee-rouble romance was for Soviet era. Not trade option now for India-Russia

India looking at 'several options' to do business with Russia in light of the economic sanctions slapped on the country by the US and the European Union over its war on Ukraine. 

Electronics, chemicals, machineries set for zero-duty access under India-UAE trade pact

The India-UAE Comprehensive Economic Partnership Agreement signed Friday is first comprehensive trade deal signed by India with a Gulf country & India’s first trade agreement in a decade.

100 Gati Shakti cargo stations will address logistical challenges in long run: Exporters’ body

Federation of Indian Export Organisations chief A. Sakthivel also hopes the upcoming foreign trade policy will tackle overseas marketing of exports & transport subsidies of agri exports.

What conflict? India’s imports from China soar to almost $100 bn, led by smartphones, machinery

According to China's official data, its exports to India reached $97.52 billion in 2021, while total two-way bilateral trade touched $125.66 billion.

Ladakh shows Russia won’t choose between India and China. It doesn’t want to

US sanctions on Russia as well as its determination to paint Vladimir Putin as the bad guy is driving Moscow into Beijing’s arms. Make no mistake, this is a willing embrace.

Modi, Trump had walked away from them. Now mega trade deals will make a comeback after Covid

International trade is set to get a new lease of life as Covid-hit countries learn the value of global supply chains in the fight against the pandemic.

On Camera

India’s TRP ecosystem needs a reset. Time to end BARC monopoly

A ratings monopoly in India has led to lack of technological variation, resulting in sluggish systems detached from market dynamics.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.