Piyush Goyal says FTAs will help services trade
The minister said that India’s services sector has seen 55% growth in just 2 years.
trade
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RBI asks banks to settle U.A.E. trade in rupee: Report
This comes a month after PM Modi and U.A.E. President discussed developing the local currency settlement system between the two countries to settle bilateral trade.
India's goods exports fall 15.9% in July, services exports up 10.7%
The decline in exports was partially softened by the resilience shown in services exports
The 'R' Club Dare to U.S. Dollar
The 'R' Club' led by rupee, renminbi, rouble, real, rand, riyal, rupiah & ringgit is posing serious threat to the greenback.
India Inc.'s Young Brigade
Countries wary of excessive dollar outflows, especially those who run trade deficit with India, have started signing rupee trade settlement deals.
India-UAE CEPA: 1st year trade up 12% to $31.3 billion
Iron and steel, apparel and clothing accessories were among the goods that did not perform as expected during the last one year.
CAD to moderate to 1.6% of GDP, exports to contract by 5% in FY24: CareEdge Ratings
The rating agency projects imports to contract by 4% in FY24 on the back of healthy growth in FY23, which is estimated to be at 15%.
Govt unveils new Foreign Trade Policy: Key highlights
The government last introduced the Foreign Trade Policy in 2015, which was extended multiple times due to covid-19 impact on the global economy.
The Conversation: Amitabh Kant, G20 Sherpa & EX-CEO, NITI AAYOG
The G20 Sherpa talks about the significance of the presidency and how India’s theme, “One Earth, One Family, One Future,” can make a difference.
Economic Survey 2023: FTAs can help exporters amidst global slowdown, onus on pvt sector
India has so far concluded 13 FTAs and 6 Preferential Trade Agreements (PTAs).
