The Latest Breaking News from Ajay Srivastava

Likened to a ‘trade embargo’ and an ‘earthquake’, it could cut exports from affected sectors by as much as 70%

Reliance’s Russian crude imports have soared from 3 percent before the war in Ukraine to 50 percent now.

Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small but prickly economic consequences for both nations.

Bilateral trade relations between India and Bangladesh have been drastically affected due to the current violence.

Growing Indian dependence on Chinese industrial goods raises concerns about trade deficit and national security implications, report finds.

German economy struggles, impacting IT workers from India, while trade remains stable amidst internal strife and strikes.

India has asked the U.S. to allow domestic labs also for irradiation of certain fruits like mangoes with a view to helping exporters cut additional trade costs.

“The government is considering several measures such as a flexible framework for sale of products manufactured in special economic zones (SEZs) in the domestic market, easy de-notification norms, and streamlining approval processes for units,” an official said.

The dispute settlement mechanism of WTO has been derailed due to a non-functional appellate body since December 2019.