‘Rice diplomacy’ between India, Bangladesh and Myanmar
Bangladesh has offered over $40 a tonne more to Indian co-operatives to import 2.5 lakh tonnes of parboiled rice in a government-to-government deal compared with
Category: India
Country India
Profile: South Asian country known for its cultural diversity, historical landmarks, and rapid economic growth.
Export-Import Data: Exports textiles, pharmaceuticals, and IT services. Imports machinery, petroleum, and electronics.
Trading Partners: United States, China, European Union.
Future Opportunities: Manufacturing sector growth, infrastructure development, and renewable energy expansion.
Gold and silver jewellery to get a lot more expensive
Jewellery is set to get a lot more expensive, as customs duty on precious metals, articles of gold, silver and platinum and costume jewellery has
India’s services exports to cross USD 300 bn target for this fiscal: Piyush Goyal
The country’s services exports are doing “extremely well” and going by the current trend these outbound shipments would register about 20 per cent growth in
India raises naphtha import tax to boost local sourcing
India has increased its tax on naphtha imports to 2.5pc from 1pc earlier with an aim to boost domestic sourcing of the petrochemical feedstock, budget
Budget 2023: Commerce Ministry urges reduction in gold import duties to boost jewellery exports
To address the current account deficit (CAD) and surging imports of the yellow metal, the Centre increased the import levy on gold from 10.75 per