Union Minister Shri Piyush Goyal officially took charge of the Ministry of Commerce and Industry for a second consecutive term in New Delhi today. Upon assuming office, Shri Goyal immediately convened a review meeting with senior officers from both departments within the Ministry of Commerce and Industry.
Indian traders involved in border trade with China through the Lipulekh pass in Pithoragarh district since 1992, have requested the central government to take up the issue of resumption of border trade through this route with Beijing.
Much of international diplomacy involves walking on eggshells. Major differences, especially on trade and commerce, are often allowed to hibernate while countries focus on the big picture of bilateral ties. Bold leaps of statecraft are sometimes needed to help industry on both sides to settle such trade frictions.
Agriculture scientists from across the country will gather at the Indian Council of Agricultural Research, Mau to attend a two-day conference on ‘Expanding the Horizon of Microbial Research in Agriculture’ being organised to mark the 23rd Foundation Day of National Bureau of Agriculturally Important Microorganism (NBAIM) from Monday.
The Indian rupee is stable and inexpensive compared to its emerging market peers, making it a favorite for carry traders, according to Bank of America Corp, Bloomberg reported.
The biggest challenge for the commerce and industry ministry under the coalition government led by Prime Minister Narendra Modi would be to revive the growth of merchandise exports that has been grappling with external factors such as geopolitical risks and high inflation.
The US and 13 other nations in Asia and the Pacific signed agreements on an economic pact key to Washington’s strategy to build clout in the region.
The BRICS ministers of Foreign Affairs met in Russia's Nizhny Novgorod on Monday and held a plethora of discussions, including an important one on the enhanced use of local currencies in trade and financial transactions between the BRICS countries.
