Indias Trade Policy

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India’s Trade Surplus

India’s Trade Surplus GS-Paper- 3 Economy TRADE The Reserve Bank of India (RBI) has released India’s balance of payments data for the January-March quarter of 2019-20. During this quarter, India has managed a current account surplus, which is around 0.1% of the GDP. This surplus is largely driven by a lower trade deficit. Data from the Commerce Ministry show that between April and May 2020, India’s trade balance has improved. This surplus is due to the Inv

Trademark

Trademark A case of trademark infringement brought by the international fast food chain Subway against Suberb, a restaurant in Delhi, was recently dismissed by the Delhi High Court. What is trademark? It is an image, term, or phrase that is used to represent a company. A trademark's owner may assert "exclusive rights" to use it once it has been registered. A trademark is a symbol that can be used to separate the products or services of one company from those of o

Year End Review 2023-Ministry of Commerce and Industry

About the Ministry Union Minister- Shri Piyush Goyal It is responsible for administering two departments namely Department of Commerce Department of Industry and Internal Trade Autonomous Bodies- The Marine Products Export Development Authority Agricultural and Processed Food Products Export Development Authority Export Inspection Council Indian Institute of Foreign Trade Indian Institute of Packaging Commodity Boards