China replaces U.S. to become India’s largest trading partner in FY24
In the past five years, India's exports to China shrunk 0.6%, but imports zoomed 44.7%
bilateral trade
May 2024
September 2023
June 2023
May 2023
April 2023
December 2022
November 2022
September 2022
February 2020
October 2019
US Ambassador calls for frictionless relationship, more ambitious ties
The two countries need to think how to reduce tariffs and make regulatory bodies more predictable to boost trade and economic relations further, says Garcetti.
India-UAE to formalise rupee-dirham trade; to double non-crude trade to $100 bn
The RBI and the Central Bank of UAE are also in discussion for other payment tools to make it a part of the UAE-India framework in the coming months.
India-Canada CEO Forum to focus on new priorities
Both the countries will sign a MoU this year to enhance trade and economic relationship between India and Canada.
Bangladesh joins Rupee cohort, sign deals to settle trade in rupees
The BIS Triennial Central Bank Survey of 2022 reports that only 1.62% of global transactions are settled in Indian rupee
Bilateral trade between India, GCC up 40.53% to $111.71 bn between Apr-Oct
During the period FY 2017-18 to FY 2021-22, bilateral trade between India and the GCC has grown by 10.57% on a compounded annual growth rate basis.
Australian Parliament ratifies India-Aus FTA; bilateral trade to touch $50 bn in 5 years
The India-Australia bilateral trade is expected to increase from the current $31 billion to about $50 billion in the next five years.
Shying from multilateral trade bodes ill for GDP growth
Apart from denying exports-led growth opportunity, India’s aversion to trade with big and powerful blocs would shut the door to global supply and value chains
The ‘non-state’ future of India-U.S. ties
Not just political leaders, but the next age of India-U.S. ties would be equally determined by giant corporations and startups.
Indo-U.S. relations: Shaping the digital world order
It is in the interest of both India and the U.S. to iron out their bilateral issues and identify ways to increase synergies across new sectors.
