India Trade Deficit Narrows In February
India is experiencing a reduction in the merchandise trade deficit in February because import levels declined compared with January, providing temporary support for the nation’s international trade balance until geopolitical conflicts disrupt worldwide shipping operations. The February deficit decreased to $27.1 billion, while January’s deficit was $34.68 billion, according to the Commerce minister’s report. The…
Donald Trump’s New Warning Over Russian Oil Purchase
United States President Donald Trump says that Washington could raise duties on New Delhi, giving a fresh warning to India, directly linking the threat to the ongoing Russia-Ukraine war. He quoted, “We could raise tariffs on India if they don”t have help on Russian oil issue”. Donald Trump added, “They wanted to make me happy,…
India-Canada Prime Minister to Resume Trade Discussions
The Prime Minister of Canada and India met on the sidelines of the G20 Leaders’ Summit in Johannesburg, South Africa, and agreed to resume free trade discussions on Sunday. This brief meeting marks the latest sign of warming relations between the two countries. Prime Minister Modi and his Canadian counterpart Mark Carney decided to “begin…
Trump to Make Trade Deal in India to Reduce Tariffs
President Donald Trump announced on Monday that the US was close to reaching a deal with India that would lead to the expansion of economic and security ties between Washington and New Delhi, promoting US energy exports and boosting investments in primary sectors. During the ceremony for his representative, Sergio Gor, as the new ambassador…
India & the UAE Sign a Historic Bilateral Trade Deal
India and the United Arab Emirates have announced a historic deal to take the bilateral trade of both countries to $100 billion, with non-oil and non-precious metal trade. Both countries plan to take their trade to $100 billion in the next three years, marking a major shift in the global economy. The decision was unveiled…
PM Modi reacts to Trump’s offer to resume Trade Talks
On Tuesday, September 9, US President Donald Trump said his administration is trying to negotiate addressing trade barriers with India. Trump says he will talk to PM Narendra Modi, expecting high hopes for deals after weeks of discord. Trump also said he looked forward to speaking to Modi in the ‘upcoming weeks’and showed positivity that…
Export Business In India: Guide To Get You Started
India is one of the largest exporting countries in the world. India falls under the list of the top 20 exporters in the world. It is one of the leading exporters of things like rice, coffee, tea, spices and certain gemstones to name a few. Export business in India has expanded exponentially in the past…
US Emerges As India’s Biggest Trading Partner For FY23
Recent reports have revealed that the US surpassed China and became India’s biggest trading partner in the financial year 2022-23. The data released by the Ministry of Commerce suggests that the bilateral trade between the US and India reached $119.42 billion from $80.51 billion in 2020-21. Exports increased to $76.11 billion from $51.62 billion in…
US Surpasses China And Become India’s Top Trading Partner
The United States of America (USA) surpassed China and became India’s biggest trading partner in FY22, reflecting a strong economic bond between the two countries. The Commerce ministry’s data shows that bilateral trade between the US and India stood at $119.42 billion in 2022 while it was $80.51 billion in 2020-2021. Exports to the US…
Geetika Mehta, New Chief Human Resource Officer at ZebPay
ZebPay, a crypto asset exchange, announced hiring Geetika Mehta as a chief human resource officer (CHRO) on Monday. Before this, she was the Chief People Officer at Jubilant Industries and has played leadership roles in OYO, PUMA, Urban, and Ladder. Here, at ZebPay, she will be responsible for designing and implementing people strategy, cultural transformation,…