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CII tells govt to take steps to strengthen commodities market
CII tells govt to take steps to strengthen commodities market
Adequate Hedging Facilities Needs To Be Extended To All The Stakeholders Through Development Of Commodity Derivatives Market, CII Director General Chandrajit Banerjee Said In A Statement. PTI | Updated on: 02 Jan 2018, 10:46:15 AM
New Delhi:
The government needs to work on several steps such as permitting banks to trade on commodity exchanges and weather derivative indices to boost growth of commodities market, industry body CII said.
Highlighting importance of commodity markets in the economy, it said that India remains one of the largest producers in the world for most of the agricultural commodities and there is an urgent need to safeguard the interests of various stakeholders, including farmers.
The implementation of the proposed free-trade agreement between India and the European Union (EU) will benefit both the sides and domestic businesses will welcome the resumption of formal negotiations on the long-stalled pact, industry body CII said on Saturday.
The proposed Broad-based Trade and Investment Agreement (BTIA) has been stalled since May 2013 as both sides are yet to iron out differences over several issues. The BTIA is a kind of comprehensive free trade agreement being negotiated by the two sides.
However, analysts said it would be interesting to see the tariff levels which could be considered, the stand on automobiles, spirits, data protection and a liberal visa regime.
Indian industry will welcome resumption of India-EU FTA talks: CII
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Last Updated: May 08, 2021, 05:09 PM IST
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The proposed Broad-based Trade and Investment Agreement (BTIA) between the two sides has been stalled since May 2013 as both sides are yet to iron out differences over several issues.
Reuters
BTIA is a kind of comprehensive free trade agreement being negotiated by the two sides.
Implementation of the proposed free-trade agreement between India and the European Union (EU) will benefit both the sides and the domestic businesses will welcome the resumption of formal negotiations on the long-stalled pact, industry body CII said on Saturday.
UK remains attractive investment destination for Indian companies in 2021: Report
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Last Updated: Apr 22, 2021, 09:50 PM IST
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The number of Indian companies operating in the UK has grown to 850 in 2021 from 842 in 2020, according to 8th Grant Thornton India meets Britain Tracker report, developed in collaboration with Confederation of Indian Industry.
Agencies
This year, 49 companies met the qualifying criteria for appearing in India meets Britain Tracker, achieving an average growth rate of over 40%
Despite COVID-19 induced disruptions and Brexit, the UK remained an attractive investment destination in 2021 for Indian investors, a report said on Thursday.
The number of Indian companies operating in the UK has grown to 850 in 2021 from 842 in 2020, according to 8th Grant Thornton India meets Britain Tracker report, developed in collaboration with Confederation of Indian Industry (CII).