The Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, has issued a notification imposing port restrictions on the import of certain goods such as Readymade garments, processed food items etc., from Bangladesh to India.
Justifying reciprocal tariffs, the US President said that other countries have been unfairly taxing the US and therefore now it is the turn of the US to tax them.
Tesla has identified two locations in New Delhi and Mumbai for setting up car manufacturing units in India. The company has also advertised 13 mid-level job posts.
India's merchandise trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 billion in December 2024, according to a report by Union Bank of India.
Bangladesh interim government has started importing rice from India. The first consignment of 27,000 tonnes of rice has arrived through Chittagong port
Union Commerce and Industry minister Piyush Goyal on Saturday confronted German Vice Chancellor Robert Habeck over China blocking sell of German Tunnel Borring Machines to India.