Trade

Carney Touches Down in Sydney to Bolster Canada-Australia Trade and Defence Ties

Carney Touches Down in Sydney to Bolster Canada-Australia Trade and Defence Ties

Sydney (Rajeev Sharma): Prime Minister Mark Carney has arrived in Australia for a high-stakes diplomatic mission aimed at deepening bilateral collaboration in trade and national security. The Prime Minister landed in Sydney midday Tuesday local time (Monday evening in Canada), marking the start of a multi-city tour through the Commonwealth partner nation. The visit comes at a pivotal time for Indo-Pacific relations. Carney is scheduled to engage with prominent business leaders in Sydney before travelling to the capital, Canberra, on Thursday. In a rare honour for a visiting head of government, he is slated to address the Australian Parliament, where…
Read More
Trade Risk Assessment: Commerce Ministry Summons Exporters and Shipping Chiefs as Hormuz Blockage Looms

Trade Risk Assessment: Commerce Ministry Summons Exporters and Shipping Chiefs as Hormuz Blockage Looms

NEW DELHI (Gurpreet Singh) — The Union Commerce Ministry has convened an emergency high-level meeting on Monday, March 2, 2026, to evaluate the growing threat to India’s trade interests following the dramatic escalation of the Middle East conflict. The hybrid-mode session will bring together senior government officials, representatives from the Federation of Indian Export Organisations (FIEO), major shipping lines, and freight forwarders to assess the viability of critical maritime corridors and the potential for a massive spike in logistics costs. The immediate trigger for the meeting is the reported unofficial "blockage" of the Strait of Hormuz by Iran’s Revolutionary Guard…
Read More
Putin stands by Modi on energy trade, slams Washington’s double standards

Putin stands by Modi on energy trade, slams Washington’s double standards

National Times Bureau :- Russian President Vladimir Putin on Thursday criticised US President Donald Trump’s administration for pressuring India to cut back on energy trade with Moscow. Speaking at the Valdai Discussion Club in Sochi, Putin warned that such moves would raise global energy prices and hurt the US economy. He said if Washington continued with higher tariffs on Russia’s trade partners, the cost of energy would rise further, forcing the US Federal Reserve to keep interest rates high, which would eventually slow down the American economy. During the forum, attended by experts from over 140 countries, including India, Putin…
Read More
India-Pakistan Trade Endures Through Third-Party Channels Despite Conflict

India-Pakistan Trade Endures Through Third-Party Channels Despite Conflict

Islamabad, July 5 – Despite heightened tensions and a brief military standoff in May, trade between India and Pakistan quietly continued largely through third countries underscoring the resilience of economic links even amidst political hostility.According to State Bank of Pakistan (SBP) data cited by Dawn, imports from India reached a three-year high of USD 211.5 million during the first 11 months of fiscal year 2025, outpacing USD 207 million in FY24 and USD 190 million in FY23.In May alone during which a four-day cross-border conflict unfolded Pakistan imported goods worth USD 15 million from India, only a slight dip from…
Read More