The government has maintained restrictions on the import of unregistered or non-compliant electronics and IT products as per an official notification from the Commerce Ministry on Monday.
Minister for Food, Civil Supplies and Consumer Affairs of Tripura Sushanta Chowdhury expressed his gratitude to Chief Minister Dr Manik Saha for restoration of railway connectivity after heavy rains on April 26 in the Jatinga-Lampur area of the Lamding-Badarpur section of North Eastern Front
Moody's Analytics believes China has reasons to exercise restraint in announcing retaliatory tariffs against the US, at a time when the latter has imposed import tariffs on various critical goods from China.
Irrespective of who forms government at the Centre, sectors such as FMCG, auto, healthcare, IT services, private banks, and capital goods are expected to perform well, stated brokerage Prabhudas Lilladher in its latest report, 'India Strategy Report - Mandate 2024, Brace of Volatility'.
The Biden administration in the US moved Thursday to block goods from 26 Chinese cotton traders and warehouse facilities believed to be linked to forced Uyghur labor camps from the Xinjiang area of China
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
US President Joe Biden has directed his Trade Representative to increase tariffs on USD 18 billion of imports from China, including semiconductors, solar cells, batteries, and critical minerals to 'protect' American workers and businesses, the White House said in a statement on Tuesday.
India and ASEAN countries participated in the 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) in Putrajaya, Malaysia on 7-9 May, according to a release by the Ministry of Commerce & Industry.
The report highlights a noticeable change in purchasing patterns, with consumers increasingly favoring branded luxury goods, indicating a growing market for luxury products in India.