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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
GST Council to allow e-commerce for unregistered vendors
CAIT national president B.C. Bhartia and Secretary General Praveen Khandelwal said this decisi…
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.…
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
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…