World Bank-ILO Report: Key Facts

The World Bank-ILO report titled Exports to Jobs: Boosting the Gains from Trade in South Asia has been released. The report studies the effect on local employment and wages of changes in exports by combining disaggregated data from household-level or ..

Month: Current Affairs - March, 2019

The newly-named Department for Promotion of Industry and Internal Trade to work under Ministry of Commerce and Industry

The Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others. The move ..

India and China sign agreement to inspect fish meal, fish oil imports

India and China signed protocol on hygiene and inspection requirements for exports of fish meal, fish oil imports from India to China. It was signed as part of discussions between India’s Commerce Ministry and six-member Chinese delegation led by Vice ..

Month: Current Affairs - November, 2018

First-ever India Russia Strategic Economic Dialogue held at St. Petersburg

The first-ever India Russia Strategic Economic Dialogue was held at St. Petersburg in Russia. Indian side was led by NITI Aayog Vice Chairman Rajiv Kumar and Russian delegation headed by Economic Development Minister Maxim Oreshkin. Key Facts The two-day forum ..

Month: Current Affairs - November, 2018

Pakistan has no plans to grant MFN status to India

Pakistan Government has no immediate plans to grant Most Favoured Nation (MFN) status to India. However, it is working out free trade agreements (FTAs) with different countries, especially China and hopes to complete second FTA with China by June 2019. ..

Month: Current Affairs - November, 2018

Surjit S. Bhalla heads High Level Advisory Group (HLAG) to look into global trade challenges

Commerce Minister Suresh Prabhu has recently approved the constitution of a High Level Advisory Group (HLAG) to look into the opportunities and ways to address the ongoing challenges in the global trade scenario. The HLAG will be headed by Surjit ..