Amidst high expectations by India on the MFN issue, Pakistan on Monday asked New Delhi to have "trust and faith" in it, as "times have changed" and Islamabad wants complete normalisation of the bilateral trade.
Pakistan-India Chambers of Commerce and Industry president Ilyas Ahmad Bilour has urged Prime Minister Atal Bihari Vajpayee to restore air service between the two countries to promote bilateral trade.
India Inc will launch the second 'Made In India Show' in Beijing on Wednesday, showcasing its technological and manufacturing prowess as part of New Delhi's conscious effort to sustain the booming bilateral trade and diversify the export basket to Ch
Buoyed by growth in bilateral trade with China during the first eight months this year, the government on Monday exuded confidence in achieving the $10 billion target set for next year.
If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose
Prime Minister Narendra Modi met with US Vice President J D Vance and his family, Estonian President Alar Karis, and UN Secretary General Antonio Guterres on the sidelines of the AI Action Summit in Paris. The meetings focused on bilateral relations, AI collaboration, and trade opportunities. Modi also invited Estonia to explore opportunities in India's growth story. He concluded the summit by expressing India's willingness to host the next AI Action Summit.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
Bilateral trade between India and Hong Kong in 2004 has risen 15.5 per cent to $5.86 billion with Indian exports, spearheaded by pearls and diamonds, sparkled at $3.76 billion, up 19 per cent over last fiscal, according to latest statistics.
Bilateral trade between India and China, the two fastest growing economies, is forecast to touch a record level this year at $10 billion, compared with last year's $7.6 billion.
Aiming to take India-Turkey trade to the $2 billion mark by 2009, the two countries on Tuesday set up a joint CEOs' forum which would accelerate mutual investment and address issues hindering the bilateral trade.
To set up a future-ready administration geared towards the target of $2 trillion exports by 2030, the Department of Commerce has decided to set up a dedicated trade promotion body to drive overall promotion strategy, export targets, and execution as part of a restructuring exercise. The trade promotion body will formulate and drive overall trade promotion strategy; create and drive India's branding across focus markets and sectors; drive coordinated action across missions, states and export promotion councils; strategic initiatives, including advisory and buyer-seller meet; and develop digital platforms for exporters and buyers. Based on a 14-volume 'restructuring dossier' by the Boston Consulting Group, the commerce department has already implemented some of the recommendations.
India has exempted Bangladeshi exports to Nepal and Bhutan as such trade facilitation is mandatory for landlocked countries under the framework of provisions of the World Trade Organisation (WTO).
Leveraging the India-ASEAN Free Trade Agreement, India wants to double its commerce with Myanmar and diversify the bilateral engagement to agro-research and natural gas exploration.
The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
The two leaders shared a warm hug as they met each other.
Despite being a neighbour, Pakistan has never accounted for more than 2 per cent of India's total exports, and its share in India's total imports is less than 1 per cent. On the other hand, bilateral trade between India and Bangladesh has increased five times.
In its latest report '2013 National Trade Estimate: Foreign Trade Barriers' the US Trade Representative has listed out a whole range of difficulties US companies face in India, which according to officials prevent them from realising the full potential of India-US economic relationship.
The government may soon give the green light to bilateral trade between Russia and India in their national currencies to avoid any trade disruptions, multiple people aware of the matter said. While the Department of Commerce has recommended the proposal, an announcement is likely to be made by the finance ministry after further deliberations between the Department of Economic Affairs and Department of Financial Services. "The finance ministry will take a call on how to peg the two currencies," a senior government official told Business Standard. In the past, the two nations have had rupee-rouble trade, and when such an arrangement is implemented again, it will bypass the sanctions imposed on Russia by the West.
Under Railways, the two sides agreed to pursue specific collaboration arrangements in heavy haul, station redevelopment and raising speed of existing trains in India.
Trump made these remarks after Elon Musk-led DOGE's (Department of Government Efficiency) disclosed that USAID contributed USD 21 million to Election Commission for boosting voter turnout.
China hopes both sides will remain restrained, move toward each other, and work together to de-escalate the situation.
He went on to say that even though this has not been discussed, he is going to 'increase trade substantially with both of these great Nations.'
Bilateral trade between India and Thailand was expected to touch $10 billion in the next three years from the current $3.4 billion, Vice-Chairman of the Board of Trade of Thailand Somkiat Anuras said on Monday.
Over the past five years, US-India trade has more than doubled and the US continues to be India's largest trading partner -- if goods and services are counted -- a total bilateral trade standing at $65.9 billion in 2009.
Both the countries discussed issues of mutual interest like comprehensive economic partnership, high level structured energy dialogue, cooperation in mining and earth sciences, social security agreement, civilian nuclear cooperation at the 6th round of Annual Bilateral Trade Policy Consultations that concluded in Ottawa on Thursday.
Reacting to the development, the Press Attache in Pakistan high commission in New Delhi said, "Yes the environment here is not conducive for such an event."
The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is formulating a strategy for five key sectors to boost exports to the United States (US), as President-elect Donald Trump has threatened to impose high tariffs on Chinese goods. "This time, we need to be proactive instead of reactive.
The bilateral trade between India and Israel was expected to reach $2 billion this year as compared to $1.3 billion last year, Israeli Ambassador David Danieli said on Thursday.
All Sensex firms, except Power Grid, ended in the positive territory. Titan, Bajaj Finance, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finserv, Asian Paints and Zomato were the biggest gainers.
Bilateral trade between India and China is likely to exceed $ 50 billion by 2010 with Suzhou Industrial Park in China playing a major role in it, China's Ambassador to India Sun Yuzi said on Wednesday.
India, ranked 11 among Singapore's top 15 trading partners, accounting for 3 per cent of Singapore's total trade of SGD 984.9 billion in 2012, IE said.
An ACMA-BCG report has targeted Indian auto component exports to hit $100 billion - nearly a fivefold increase from $21 billion currently
'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'
India has revoked all visas issued to Pakistani nationals effective April 27, advised Indian nationals in Pakistan to return home, and suspended visa services to Pakistani nationals. The move comes in retaliation to the Pahalgam terror attack that killed 26 people and alleged cross-border links to the attack. This escalation follows India's previous actions against Pakistan, including expelling Pakistani military attaches, suspending the Indus Water Treaty, and shutting down the Attari land-transit post.
'Trump administration wanted a positive tone at this summit, but there was still some anxiety that there could be some awkward moments -- and there were not.'
The group waving separatist flags was barricaded and monitored by a significant police presence outside the venue on Wednesday night, with officers rushing to restrain the man as he ran past the barricade in an attempt to block the path of the minister's car pulling at an Indian flag.
