November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Commerce Minister Goyal says US delegation led by new Deputy Ambassador for Trade, Rick Switzer, has been in India since Tuesday & that many aspects of agreements are aligning.
The India-US trade negotiations have seen several challenges in sectors such as agriculture, dairy and poultry. But Trump Monday announced that a deal is close.
It's the third conversation between the two leaders since September occurred on occasion of Diwali. The American President held a celebration in the White House.
From civil nuclear cooperation to energy security, trade and defence cooperation, several key matters were discussed at ‘productive’ intersessional dialogue held Monday.
The Trump administration's bizarre engagements with Pakistan, pressure on India over Russian energy purchases have stoked New Delhi's age-old concerns about the reliability of the US as a partner.
India must reduce its overdependence on the US by cultivating alternative markets—concluding the EU FTA, advancing the UK deal, and exploring entry into the CPTPP, the open, rules-based bloc of Japan, Korea, and Australia.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
While both India and China have carried out disengagement in Eastern Ladakh, the process of de-escalation is still under discussion & has not been agreed upon.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
COMMENTS