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2 mins read

The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says

Most of the stimulus cash deployed during the pandemic was "unproductive," which fueled inflation, …

Jennifer Sor   


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1 min read

India's exports marginally up at $34.99 bn in April

Trade deficit, or the gap between imports and exports, during the month stood at USD 19.1 billi…

PTI   


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3 mins read

Online vendors generated 15.8 million jobs in India: e-commerce report

"Plugging in data from our survey, we estimate that online vendors generate 15.8 million jobs, …

PTI   


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Commerce Minister Piyush Goyal holds meetings to increase bilateral trade with UK, Germany and Italy

Minister Goyal is on an official visit to participate in the outreach session of the G7 Trade Minis…

ANI   


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4 mins read

India offers USD 500 billion investment opportunities in clean energy, green hydrogen and EV by 2030

India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy…

PTI   


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2 mins read

India-UK trade pact: Work in progress to resolve pending issues

"The teams have made good progress and work is in progress in resolving pending issues. Chapter…

PTI   


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3 mins read

Govt steps have boosted toy exports from India, but more work still needed: DPIIT Secretary

Government measures such as mandatory quality control orders and increasing customs duty have helpe…

PTI   


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1 min read

US companies are finding China increasingly 'uninvestible', commerce secretary Gina Raimondo says

"Increasingly I hear from businesses, China is uninvestible because it's become too risky," Raimond…

Joseph Wilkins   


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1 min read

Govt hikes funds for tea development, promotion by 82% to ₹528.97 cr for 2024-26

The outlay for the Tea Development and Promotion Scheme has been increased by 82 per cent to Rs 528…

PTI   


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1 min read

India ready for rupee trade with countries facing currency crises: Commerce Secretary

Commerce Secretary Sunil Barthwal on Friday said India is ready to trade in Indan Rupee with count…

PTI   


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2 mins read

Inter-ministerial approval board can permit demarcation of non-processing area under IT sector SEZs

The inter-ministerial board of approval, on request of a developer of an IT/ITeS sector special ec…

PTI   


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A major US recession is avoidable and this is not a 'gloom and doom scenario,' US Commerce Secretary says

"Obviously there is a possibility that we would have a recession… But as I see it, a recession is n…

Jennifer Sor   


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India's exports fall 10.3% to $34.98 billion in May

India's exports declined 10.35% year-on-year to $34.98 billion in May this year, the government dat…

PTI   


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The US would face a 'deep and immediate recession' if made-in-Taiwan chips were cut off, US commerce secretary says

Although many of the chips the US uses are designed at home, the country purchases 90% of leading-e…

Huileng Tan   


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Trump Commerce Secretary Wilbur Ross made at least $53 million from private companies while serving in government: report

Ross started a special purpose acquisition company in the Cayman Islands in January while still in …

John L. Dorman   


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1 min read

India's exports in December 2022 dipped by 12.2%

India's exports in December 2022 dipped by 12.2 per cent to USD 34.48 billion as against USD 39.27 …

PTI   


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1 min read

GST Council to allow e-commerce for unregistered vendors

CAIT national president B.C. Bhartia and Secretary General Praveen Khandelwal said this decisi…

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India's trade deficit widens to $19.73 billion in March, exports rose 6% in 2022-23 to $447 billion

India's merchandise trade deficit in March 2023 stood at $19.73 billion, which was higher than $17.…

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3 mins read

WTO needs to give more space to countries which have something different to say: FM

"I, fortunately, unfortunately spent some time with the WTO in my capacity as a commerce minist…

PTI   


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2 mins read

US Commerce Secretary says there's no denying the supply-chain crisis poses 'a problem'

US Commerce Secretary Gina Raimondo told CNBC on Friday that US consumers will likely feel the impa…

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