New Delhi, Feb 3 (IANS) The Pakistan Business Forum (PBF) has assessed the cost of doing business in the country to be around 34 per cent higher than in comparable regional economies, which means Pakistani exporters are losing price competitiveness in international markets that determine survival, according to an article in the Pakistani media.For an economy that is trying desperately to pivot to export-generated growth, employment and foreign exchange, this disadvantage is simply unsustainable….
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New Delhi, Feb 3 (IANS) Senior government officials on Tuesday welcomed the India-US trade deal, saying it has reduced uncertainty in the global economic environment and brought relief to Indian industry.Speaking at FICCI’s conference on Union Budget 2026–27, Secretary of the Department of Economic Affairs Anuradha Thakur said a ‘great deal of uncertainty’ was removed after the trade agreement was announced between India and the United States.“Despite growing geopolitical challenges ac…
New Delhi, Jan 17 (IANS) The Reserve Bank of India (RBI) has said that the recently issued Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 will come into force from October 1 — easing compliance for smaller traders and strengthening digital monitoring.”The regulations are primarily principle based and intended to promote ease of doing business, especially for small exporters and importers. They are also intended to empower Authorised Dealers to provide q…
New Delhi, Jan 1 (IANS) Pakistan’s textile industry, which was once the driver of economic growth in the country, has plunged into a deep crisis with factories shutting down due to high production costs.”Once celebrated for its export potential and capacity to drive industrial growth, Pakistan’s textile sector is now grappling with a convergence of structural, economic, and logistical shocks that have eroded competitiveness, shuttered factories, and destabilised livelihoods across the value …
New Delhi, Dec 31 (IANS) The Federation of Indian Export Organisations (FIEO) welcomed the launch of the Market Access Support (MAS) intervention on Wednesday as a timely, strategic step to strengthen India’s global export footprint, especially for MSMEs, first‑time exporters and priority sectors.FIEO said that MAS Intervention, under the government’s Export Promotion Mission will provide structured financial and institutional support for buyer‑seller meets, international trade fairs and e…
New Delhi, Dec 31 (IANS) To strengthen international market access for Indian exporters, the government on Wednesday launched the Market Access Support (MAS) intervention under the Export Promotion Mission (EPM), a flagship initiative approved by the Union Cabinet in November this year.The MAS intervention is being implemented under the ‘NIRYAT DISHA’ sub-scheme of EPM, and is aimed at strengthening international market access for Indian exporters, particularly MSMEs, first-time exporters an…
New Delhi, Dec 22 (IANS) Union Home Minister and Minister of Cooperation Amit Shah on Monday hailed India–New Zealand FTA and termed it as an outcome of the Narendra Modi government’s trade diplomacy, which is setting a new milestone. In a post on X, HM Shah said, “The Modi govt’s trade diplomacy sets a new milestone. India–New Zealand FTA, that brings in $20 billion investment and offers lucrative opportunities for Indian innovators, entrepreneurs, farmers, MSMEs, students, and youth,…
New Delhi, Dec 22 (IANS) New Zealand and India have concluded a Free Trade Agreement (FTA), offering New Zealanders unprecedented access to 1.4 billion Indian consumers, Trade and Investment Minister Todd McClay announced on Monday.This historic FTA eliminates and reduces tariffs on 95 per cent of New Zealand’s exports — among the highest of any Indian FTA — with almost 57 per cent being duty-free from day one, increasing to 82 per cent when fully implemented, with the re…