New Delhi: The strike at 14 major ports in the US, which began Tuesday, is already causing delays in unloading and processing of shipments from India, affecting goods like textiles, pharmaceuticals, and auto parts, Global Trade Research Initiative (GTRI) said Thursday. If the strike continues, shipments would need be rerouted to US West Coast or … Read more
“The next round of talks for the proposed free trade agreement (FTA) between India and Oman will start from January 16 and the negotiations for the pact are progressing well,” a senior official said on January 9. “The talks on the text of most of the chapters have been concluded by both sides for the … Read more
New Delhi: Robust exports performance in electronic goods, particularly smartphones, and services sectors will help India contain the fall in growth rate of overall trade, which is expected to decline by 2.6 per cent in the current year, a report said. Economic think tank Global Trade Research Initiative (GTRI) in its report said that despite … Read more
Electric vehicles by various manufacturers on display in Thiruvananthapuram. File | Photo Credit: Mahinsha S Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw materials, mineral processing, and battery production, according to a report of by economic think tank GTRI. The Global Trade Research Initiative (GTRI) also said that … Read more