Thailand, India sign trade agreements for Rs 2,400 crore.

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Thailand, India sign trade agreements for Rs 2,400 crore.

Thailand and India have signed agreements for Rs 2,400 crore to boost trade ties between the two countries, Deputy Prime Minister of the southeast Asian country Jurin Laksanawisit said on Friday. The pacts were across segments including rubber, construction material, food and beverages, logistics, he told reporters here on the sidelines of an event organised […]

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Investment key to India becoming $5-trillion economy in five years: CEA

Expressing serious concern over substantial drop in investment in the country in the last decade,chief economic advisor Krishnamurthy Subramanian has said investment is key to the country becoming a $5-trillion economy in five years. Subramanian told a Chicago audience last week that he has identified three engines to promote investment – land reform (land acquisition […]

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Nepal, India agree to review trade treaty.

Nepal and India have agreed to review the bilateral trade treaty.During the two-day commerce joint secretary level-talks that ended yesterday, both sides agreed to review issues related to bilateral trade and commerce. Minister for Industry, Commerce and Supplies Matrika Yadav informed that both the nations have agreed to take steps, such as comprehensive review of […]

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Namakkal may be announced as separate zone for egg trade soon

Following repeated demands of Namakkal poultry farmers to create multiple disease-free zones for table eggs, the Centre has asked the director of state animal husbandry department to send a detailed proposal for establishment of a free zone in Namakkal district. As India is considered as a single zone, even outbreaks of bird flu in northeast […]

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Honey production, honey-based food products to get MSME Ministry push

A Bangalore-based food technology Institute is working on honey-based chocolates and biscuits, to give a boost to honey producers in India, announced Nitin Gadkari, Minister of MSME and Road Transport, while speaking at CII conference on MSME here on Tuesday. There is a huge potential for honey based products, he indicated. Particularly, honey produced in […]

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UAE firms to invest up to $7 billion in India-UAE food corridor: Indian minister

UAE entities are expected to invest up to $7 billion (Dh25 billion) in India’s food sector in the next three years as part of the UAE-India food corridor project that aims to secure the UAE’s food security, an Indian minister told Emirates News Agency, WAM. These entities, coordinated by Dubai-based Emaar Group, plan to invest […]

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Trade deal with India soon: Donald Trump

India and the US will soon have a trade deal to be followed by a bigger agreement later, US President Donald Trump said on Tuesday, suggesting that the two nations may be close to resolving current disputes. We are doing very well. I think very soon we will have a trade deal. We will have […]

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Expect 30% rise in export credit by March: Piyush Goyal

The government expects a 30% rise in export credit disbursals by the end of 2019-20 through greater insurance coverage of exporters and easier inspection norms. The commerce and industry ministry will soon approach the Cabinet for reduction in insurance premium rates to 0.6% for small exporters having an outstanding limit of less than Rs 80 […]

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India, US in talks to resolve trade issues: Piyush Goyal

India and the US are in talks to resolve certain issues but whether the two sides will announce any trade deal would be decided when Prime Minister Narendra Modi meets President Donald Trump this week, commerce and industry minister Piyush Goyal said on Monday. We are in continuous dialogue with the US over the last […]

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2nd integrated checkpost on Nepal border to open soon

Close on the heels of completing the India-Nepal oil pipeline, India is nearing completion of the Integrated Check-Post (ICP) at Jogbani (Bihar)-Biratnagar border gate with Nepal. This is the second ICP on Nepal border after Raxaul-Birgunj. The Jogbani-Biratnagar is the second largest gate in terms of trade volume. The ICPs on India-Nepal gates have mirror […]

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