Articles tagged with: trade

Kenya reports surge of tea export volumes, earnings in 2024

Nairobi, Jan 9: Kenya's tea export volumes surged 20.8 per cent in the first ten months of 2024, boosted by increased demand in destination markets, the Tea Board of Kenya (TBK) said.


Business ties between two nations is remarkable: Ex-Bangladesh envoy to India

Dhaka, January 8: Former Deputy High Commissioner for Bangladesh to India, Mashfee Binte Shams called the business ties between India and Bangladesh as "remarkable."


South Korea to find new area of cooperation with US in 2025

Seoul, Jan 8: South Korea plans to explore new areas of cooperation with the United States and respond promptly to potential changes in US trade policies following the launch of the second Donald Trump administration later this month, the industry ministry said on Wednesday.


Trade with Pak will never overtake that with India, says former Bangladesh envoy to India

Dhaka, January 8: Amid rising tensions regarding new-found closeness between Islamabad and Dhaka, former Deputy High Commissioner for Bangladesh to India, Mashfee Binte Shams assured that Bangladesh's growing relations with Pakistan should not be a concern for India.


India's gold imports turn out to be $5 billion lower in Nov, trade deficit narrows

New Delhi, Jan 8: The government has scaled down its estimate of gold imports for November 2024 to $9.84 billion from the preliminary estimate of $14.86 billion announced last month, data compiled by the Commerce Ministry's Directorate General of Commercial Intelligence and Statistics showed on Wednesday.


India's diaspora key to globalisation, says EAM Jaishankar at Pravasi Bharatiya Divas

Bhubaneshwar, January 8: At the Joint Business Session held on the sidelines of the 18th Pravasi Bharatiya Divas, External Affairs Minister S Jaishankar highlighted the significant economic potential of Odisha and its role in India's global growth.


Gotta pay for it: Trump threatens to use 'economic force' to make Canada 51st state; Trudeau reacts

Florida, Jan 8: US President-elect Donald Trump has proposed the idea of using "economic force" to merge Canada and the United States, creating what he frequently describes as the "51st state."


J&K Pavilion emerges as most celebrated attraction at IIMTF 2024

Srinagar, Jan 8: The Jammu and Kashmir Pavilion, with its stunning display of regional craftsmanship, authentic products and emerging entrepreneurial talent, emerged as one of the most popular and celebrated attractions in the 23rd India International Mega Trade Fair (IIMTF), held at the Science City Grounds in Kolkata from December 20, 2024, to January 6, 2025, an official statement said on Tuesday.


India hosting exhibitors from 30 countries as Indusfood 2025 kicks off tomorrow

New Delhi, Jan 7: Indusfood 2025, the country's farm-to-fork trade exhibition, will kick off on Wednesday in Greater Noida on the outskirts of the national capital, with the participation of over 2,300 exhibitors from over 30 countries, the Ministry of Food Processing Industries said on Tuesday.


What a great Nation it would be!!!: Donald Trump reacts to Justin Trudeau's resignation, reiterates his stance on Canada

Washington, DC, January 7: US President-elect Donald Trump on Monday used Canadian Prime Minister Justin Trudeau's announcement of his plan to step down to reiterate his stance that Canada becomes the 51st state of the US.


Japan's Nippon Steel, US Steel file lawsuit against US government

Tokyo, Jan 6: Japan's Nippon Steel and United States Steel have jointly filed a lawsuit against the US government over President Joe Biden's decision to block the buyout of the American steelmaker by the Japanese company, local media reported Monday.


Trade Unions demand super-rich tax, hike in corporate tax and raising income tax exemption limit to Rs 10 lakh

New Delhi, January 6: In their customary pre-budget meeting with Union Finance Minister Nirmala Sitharaman on Monday, trade union leaders suggested a super-rich tax and an increase in corporate tax to fund social security for informal workers.


FM Sitharaman holds pre-budget consultation with representatives of trade unions

New Delhi, January 6: Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the eighth Pre-Budget Consultation meeting with stakeholders and representatives from trade unions on Monday. The discussion was held in connection with the preparation of the Union Budget 2025-26.


Ethiopia earns over $216 million from horticulture exports

Addis Ababa, Jan 5: Ethiopia has earned more than $216 million from exports of horticultural commodities during the first five months of the current fiscal year, the country's Ministry of Trade and Regional Integration has disclosed.


India's CAD to remain elevated in FY26 also due to stringent global trade policies: Report

New Delhi, January 4: India's current account deficit (CAD) is expected to remain elevated in FY26 due to stringent global trade policies, according to a report by JM Financial.


India's CAD to remain elevated in FY26 also due to stringent global trade policies: Report

New Delhi, January 4: India's current account deficit (CAD) is expected to remain elevated in FY26 due to stringent global trade policies, according to a report by JM Financial.


Mahakumbh goes global, to be promoted at tourism fairs in Spain and Germany

Mahakumbh Nagar, Jan 4: In a major initiative to position Uttar Pradesh as a leading global tourism destination, the Yogi Adityanath government is set to showcase the state's tourism offerings at the International Tourism Trade Fairs in Spain’s Madrid and Germany’s Berlin.


China proposes export controls on critical EV technology

Hong Kong, January 4: China is planning to impose new export restrictions on technologies used to extract minerals vital for the global electric vehicle (EV) industry, signalling an escalation in its ongoing tech rivalry with the United States, CNN reported.


Japan's Nippon Steel to sue US government over decision to block acquisition

Tokyo, Jan 4: Japan's Nippon Steel Corp. is set to file a lawsuit in response to United States President Joe Biden's decision to block its takeover of US Steel Corp., local media reported Saturday.


US businesses dismiss China as a business opportunity amid rising challenges

Washington DC, January 3: China has been increasingly being viewed with scepticism by American businesses, with many scaling back their operations or shifting investments elsewhere, as reported by the Wall Street Journal.


Tariffs will pay off our debt, US President-Elect reinstates stance on tariffs

Washington DC, January 3: US President-Elect Donald Trump on Friday said that tariffs alone can fix the US economy and help pay off their debt.


Commerce Minister Piyush Goyal meets Ambassador-designate to Georgia Abhay K

New Delh, January 3: Union Commerce and Industry Minister Piyush Goyal on Thursday held a meeting with India's Ambassador Designate to Georgia Abhay Kumar and discussed on improving commercial relations between both countries.


India's share of global trade in textiles and apparel stand at 3.9 per cent

New Delhi, January 2: India is now the 6th largest exporter of textiles and apparel in the world, with a global trade share of 3.9 per cent. The sector holds a significant 8.21 per cent of India's total exports, underlining the country's crucial role in the global textile supply chain.


Tobacco exports marked a record Rs12,005 crores in FY2024

New Delhi, January 1: India's unmanufactured tobacco exports reached a record Rs12,005.89 crore in 2023-24, reflecting a staggering 87 per cent growth over the past five years.


Articles tagged with: trade