Trade deficit narrows to $10.4 billion in May

Last Updated: Tuesday, June 16, 2015, 11:06

The country's gold imports were however increased by 10.4 percent to $2.42 billion in May this year.

India committed to improve trade relation with China: VK Singh

Last Updated: Saturday, June 13, 2015, 19:56

India on Saturday said it is committed to improve trade relation with China as it would be mutually beneficial and help further the 'Make In India' initiative that provides a golden opportunity for Chinese investors.

Air India pilots oppose secret ballot for recognising trade unions

Last Updated: Tuesday, June 9, 2015, 18:43

The national carrier currently has 15 recognized trade unions representing around 22,000 employees of erstwhile Indian Airlines, besides Air India.

PM Modi promises support for Bangladeshi investment in Gujarat

Last Updated: Sunday, June 7, 2015, 22:44

"We told him that we want to set up warehouses and retail shops, and for that we will invest $25 million. The purpose is to sell and distribute our garments products directly," said Matlub Ahmed, president of the Chamber. "If we get this facility, then our sell will rise to $1 billion from the present $300 million in the next three years."

GDP growth to slow to 7.2% in January-March quarter: Moody's

Last Updated: Thursday, May 28, 2015, 14:37

As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.

China to lift ban on Indian rapeseed meal

Last Updated: Wednesday, May 20, 2015, 12:35

China will lift a ban on Indian rapeseed meal imposed three years ago due to quality concerns, China`s quarantine authority said on Wednesday.

India ready to do business, says Modi

Last Updated: Saturday, May 16, 2015, 09:50

India is ready to do business and is constantly improving the ease of doing business, Prime Minister Narendra Modi said on Saturday at the India-China Business Forum here that saw 21 business agreements worth USD 22 billion being signed.

India, China agree on task force to look into market access

Last Updated: Friday, May 15, 2015, 14:12

Modi flagged India's concerns in his comments after his talks with Li as recent official reports said the deficit touched USD 48 billion in the total trade of about USD 70.6 billion last year.

India, China to set up task force to look into trade imbalance

Last Updated: Friday, May 15, 2015, 10:10

The trade imbalance has touched USD 38 billion, which is a major concern for India.

India concerned over pace of deciding agenda for next WTO meet

Last Updated: Tuesday, May 12, 2015, 16:36

India on Tuesday expressed concern over slow progress in finalising the agenda for the Nairobi ministerial meeting of WTO members in December to resolve pending issues of Doha round.

Modi's China trip: Trade gap, non-tariff barriers on the table

Last Updated: Friday, May 8, 2015, 21:15

India will seek greater market access and removal of non-tariff barriers to bridge widening trade deficit with China during Prime Minister Narendra Modi's visit this month, a senior commerce ministry official said.

India to seek end to non-tariff barriers during Modi's China visit

Last Updated: Friday, May 8, 2015, 18:20

India will seek abolition of non-tariff barriers during Prime Minister Narendra Modi’s visit to China next week, officials said, as part of efforts to reduce a widening trade deficit and boost local industry.