Latest Commerce Secretary News & Updates

New Delhi, April 4 (IANS) The government is working to ensure minimal disruption to supply chains amid global uncertainties, while remaining prepared for a potential dip in exports and imports, Commerce Secretary Rajesh Agrawal said on Saturday.Addressing the press conference on the sidelines of a ‘Chintan Shivir’ session in Hyderabad, Agrawal told the media that the initiative aims to bring together government and industry stakeholders to identify challenges and chart a clear roadmap.The offi…

New Delhi, March 10 (IANS) Overall inflation in Bangladesh rose to 9.13 per cent in February from 8.58 per cent in January, touching the highest level in 10 months, a report has said.The surge in inflation was driven by rising food prices ahead of Ramadan and election‑related spending, the report from Daily Star said.The Consumer Price Index rose above 9 per cent for the first time since May last year, marking the fourth consecutive monthly surge, since inflation touched a 39‑month low of 8….

New Delhi, Feb 16 (IANS) India’s combined merchandise and services exports recorded a 13.16 per cent increase to $80.45 billion in January this year, compared with $71.09 billion in the same month of the previous year, data released by the Commerce Ministry on Monday showed.The country’s merchandise exports rose 0.6 per cent year-on-year to $36.56 billion in January, despite the global economic uncertainties, the data showed.Cumulative exports of both merchandise and services (April–January)…

New Delhi, Feb 5 (IANS) India and the Gulf Cooperation Council on Thursday signed the Terms of Reference to guide the negotiations for the India-GCC Free Trade Agreement (FTA) The Terms of Reference (ToR), which will define the scope and modalities of the talks, were signed between Additional Secretary and Chief Negotiator, Department of Commerce, Ajay Bhadoo, and the GCC Secretariat General’s Chief Negotiator, Dr Raja Al Marzouqi, at the Vanijya Bhawan in the presence of Commerce and Industry M…

New Delhi, Jan 15 (IANS) India and the European Union may sign the proposed free trade agreement as early as this month during the official visit of the top EU leaders to New Delhi, who will also be the chief guests at the prestigious Republic Day parade on January 26.Commerce Secretary Rajesh Agrawal told journalists that the India and EU negotiators were very close to finalising a trade agreement and were looking at wrapping up the loose ends before the top leadership meeting scheduled for Jan…

New Delhi, Dec 26 (IANS) India and the United States continue to remain engaged to finalise a mutually beneficial bilateral trade agreement (BTA), the government said on Friday.Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal stated during a weekly media briefing here that the trade deal talks between New Delhi and Washington are on. “Both governments — the United States and India — continue to remain engaged with a view to concluding a fair, balanced, and mutually beneficial …