The Global Trade Research Initiative (GTRI) has said that while the Union Cabinet's approval of the Rs25,060-crore Export Promotion Mission (EPM) is a step forward, the initiative still faces significant implementation hurdles and funding constraints.
This initiative, highlighted in the Union Budget for the fiscal year 2025-26, aims to enhance India's export competitiveness, with a particular focus on micro, small, and medium enterprises (MSMEs), first-time exporters, and labour-intensive sectors.
India must urge the United States to withdraw the 25 per cent "Russian oil" tariffs before proceeding with any trade agreement, stated a report by the Global Trade Research Initiative (GTRI).
Developing countries could be left behind in the race towards a green economy unless they make economic resilience and green industrialisation central to their climate agenda, noted a new set of discussion papers by the Centre for Science and Environment (CSE).
Chief Economic Advisor (CEA), V Anantha Nageswaran, on Friday said that India's economic growth is expected to be "north of six and a half," adding that he is "more comfortable saying, even north of 6.8 per cent."
The U.S. Supreme Court will hear a crucial case on November 5 that could redefine presidential authority over trade and reshape global economic relations.
"The latest data make one point clear: tariffs have not only squeezed India's trade margins but also exposed structural vulnerabilities across key export industries," GTRI said.
India should halt sanctioned oil imports, seek tariff rollback, and resume trade talks only on fair terms with US, the Global Trade Research Initiative (GTRI) said in a note, outlining a three-step plan for India to protect its trade interests under the ongoing bilateral trade agreement nego
Cyprus Foreign Affairs Minister Constantinos Kombos on Thursday said that his country strongly supports the conclusion of the Free Trade Agreement (FTA) between the European Union and India and it will boost ties and unlock immense economic opportunities.
"We have a very long coastline. We have strategic global trade routes, world-class ports, and an ambitious vision for Blue Economy growth. We have infrastructure, innovation and intent. Thanks to our youth, our ecosystem is primed for innovation. Come aboard!" he wrote in the LinkedIn post,
Growing fears over the global supply of rare-earth elements emerged as a key factor behind the trade deal between the US and China, which was confirmed by President Donald Trump on Thursday, according to an analysis by the Global Trade Research Initiative (GTRI).