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Piyush Goyal (File photo) New Delhi: India wants to diversify its sources of crude oil and coking coal and would “love” to source high-quality coking coal from the US, commerce and industry minister Piyush Goyal said on Wednesday. He also said that the US can provide certain goods that India needs desperately for its economic…
NEW DELHI: Supporting e-commerce, particularly electronics-oriented exports, can contribute to export diversification, job creation, and overall economic growth, govt think tank Niti Aayog has said and called for coordinated policy and regulatory reforms to advance cross-border e-commerce.The report released on Friday said that with growing global demand for Indian products, wider adoption of digital platforms,…
Asian borrowers have begun turning their backs on the US, reaching out to other alternatives for fundraising as they aim to avoid US President Donald Trump’s tariffs. Now, they have turned towards Europe, pouring billions of dollars in bond issuance, hinting at a possible erosion of America’s dominance in global capital raising.Bloomberg data shows that…
File photo: External affairs minister S Jaishankar (Picture credit: ANI) External affairs minister S Jaishankar on Saturday said the world has entered an era where “politics increasingly trumps economics” and stressed that India must continuously diversify supply sources to safeguard national interests. The minister was speaking after receiving an Honorary Doctorate from IIM-Calcutta, reported PTI.“This…
India should speed up free trade agreement (FTA) negotiations, expand its export reach beyond traditional markets, and maintain active engagement with Washington to conclude a Bilateral Trade Agreement (BTA) with the US, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Friday.Delivering the First ISID@40 Distinguished Person Lecture, Dev said…
The government has moved a step closer to boosting India’s self-reliance in rare earth magnets, with a key panel approving a Rs 7,300 crore scheme to support local manufacturing. These magnets are essential for electric vehicles, wind turbines and a range of consumer electronics.The expenditure finance committee (EFC), which functions under the finance ministry, cleared…
China, the world’s largest consumer of gold, is planning to relax licensing norms for the export and import of the yellow metal, as the nation continues to steer away its reserves from the US dollar.According to a draft proposal from the People’s Bank of China (PBOC), the country plans to expand the use of “multi-use…
