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Ralhan said that petroleum exports which has a major contribution in the exports basket has continued to growth with a positive growth of well over eight per cent. (Representational Image)

WTO warns of global trade slowdown as indicator hits 9-year low

The WTO's quarterly outlook indicator, a composite of seven drivers of trade, showed a reading of 96.3, the weakest...

19 Feb 2019 12:03 PM

Previous studies have found that men with strong handshakes are less likely to have erectile dysfunction (Photo: Pixabay)

India can play key role in Nepal's bid to expand global trade: UN...

The LLDCs are amongst some of the most vulnerable countries, UN Under-Secretary-General and High Representative, Fekita...

17 Feb 2019 10:03 AM

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Commerce ministry to notify WTO regarding revoking MFN status to...

The decision would enable India to increase custom duties on goods imported from Pakistan.

15 Feb 2019 11:35 AM

In 2015, 3,266 farmers committed suicide in the state.

India's subsidies to farmers very low as compared to western...

European Union, US, have alleged in the World Trade Organization that India provides huge subsidies to its farmers.

27 March 2019 10:52 AM

China warned on Tuesday it would never accept any form of blackmail after US president Donald Trump said his decision to withdraw from a nuclear pact with Russia was also linked to Beijings arsenal.(Photo: Representational | AFP)

Trump warns China that he isnt afraid of 'No Deal'

The United States and China have imposed tit-for-tat tariffs on hundreds of billions of dollars worth of each others'...

1 March 2019 4:29 AM

Taking merchandise and services together, overall trade deficit for FY18 is estimated at $80.61 billion as compared to $41.79 billion during FY17.

Canada, Thailand seek to join WTO consultations over India tariff...

The US, Singapore and Chinese Taipei had also expressed their interest to join consultations in this dispute on Tuesday.

24 April 2019 11:33 AM

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

India is not a tariff king, has right to protect specific sectors...

US Prez Donald Trump repeatedly claimed India is a 'tariff king' and imposes 'tremendously high' import duties on...

21 April 2019 8:18 AM

Railway Minister Suresh Prabhu

India mulls hosting second WTO mini-ministerial meet next month:...

This meeting assumes significance as several countries are raising questions over the relevance of the global trade...

5 April 2019 11:17 AM

Trump administration in the WTO alleged that export incentives were harming American companies.

World trade will continue to face strong headwinds in 2019-20: WTO

The preliminary estimate of 3 per cent for world trade growth in 2018 is below the WTO's recent forecast of 3.9 per...

3 April 2019 3:03 AM

WTO member countries should first focus on finding permanent solution for the food security purposes and providing protection to poor farmers.

Singapore, Canada seek to join WTO consultations over India's ICT...

According to a communication of WTO, both countries have stated that they have a substantial trade interest in ICT...

21 May 2019 10:02 AM

WTO member countries should first focus on finding permanent solution for the food security purposes and providing protection to poor farmers.

Collapse of WTO's dispute system, imbalance in reform agenda: India

The issues were flagged by India on first day of a meeting of senior officials of 22 members of the WTO.

13 May 2019 9:18 AM

Prime Minister Narendra Modi with Russian President Vladimir Putin and China President Xi Jinping during a meeting in the sidelines of the G20 Summit in Buenos Aires on Saturday. (Photo: AFP)

BRICS leaders call for transparent, inclusive international trade

The 5 leaders noted that world economic growth appears to be stabilising and is generally projected to pick up...

28 Jun 2019 1:14 PM