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World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth

The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized

Finance & Economics

28 Feb 2025 08:13 AM 1.73k views

World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth

Finance & Economics

India Hits $1 Trillion in Foreign Direct Investment

India has achieved a major milestone by surpassing $1 trillion in Foreign Direct Investment (FDI) since the turn of the century. Latest data from the Department for Promotion of Industry and Internal Trade (DPIIT) reveals that from April 2000 to September 2024, India attracted a total of $1,033.40 billion in FDI. This surge underscores India’s growing appeal as a global investment hub. Significant contributions have come from countries like Mauritius (25%), Singapore (24%), an

Business

13 Dec 2024 07:24 AM 1.21k views

India Hits $1 Trillion in Foreign Direct Investment

Business

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#foreign-investment

World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth

World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth

India Hits $1 Trillion in Foreign Direct Investment

India Hits $1 Trillion in Foreign Direct Investment

ACL Festival 2026 Lineup, Dates & Tickets: Full List Revealed

Vijay's TVK Secures Magic Number 118, Looks Set to Form Government in Tamil Nadu

Fort Worth Man on Life Support After Hit-and-Run by Best Friend

GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise

Chess Legend Lauds Modi for Supporting Gukesh’s Carlsen Victory

Chicago Cubs continue pursuit of Nationals pitcher MacKenzie Gore ahead of trade deadline

India Launches Probe into Chinese Nylon and TDQ Imports

Two San Antonio police officers shot in motel gunfire, suspect killed

Jammu & Kashmir Statehood Restoration Buzz Grows Amid Key Meetings with PM Modi and Amit Shah

Cupertino uses traffic data to reduce crashes and protect pedestrians

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ACL Festival 2026 Lineup, Dates & Tickets: Full List Revealed

Vijay's TVK Secures Magic Number 118, Looks Set to Form Government in Tamil Nadu

Fort Worth Man on Life Support After Hit-and-Run by Best Friend

GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise

Chess Legend Lauds Modi for Supporting Gukesh’s Carlsen Victory

Chicago Cubs continue pursuit of Nationals pitcher MacKenzie Gore ahead of trade deadline

India Launches Probe into Chinese Nylon and TDQ Imports

Two San Antonio police officers shot in motel gunfire, suspect killed

Jammu & Kashmir Statehood Restoration Buzz Grows Amid Key Meetings with PM Modi and Amit Shah

Cupertino uses traffic data to reduce crashes and protect pedestrians

#foreign-investment

World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth

World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth

India Hits $1 Trillion in Foreign Direct Investment

India Hits $1 Trillion in Foreign Direct Investment

ACL Festival 2026 Lineup, Dates & Tickets: Full List Revealed

Vijay's TVK Secures Magic Number 118, Looks Set to Form Government in Tamil Nadu

Fort Worth Man on Life Support After Hit-and-Run by Best Friend

GST Rates on Cigarettes, Carbonated Drinks, and Luxury Cars Likely to Rise

Chess Legend Lauds Modi for Supporting Gukesh’s Carlsen Victory

Chicago Cubs continue pursuit of Nationals pitcher MacKenzie Gore ahead of trade deadline

India Launches Probe into Chinese Nylon and TDQ Imports

Two San Antonio police officers shot in motel gunfire, suspect killed

Jammu & Kashmir Statehood Restoration Buzz Grows Amid Key Meetings with PM Modi and Amit Shah

Cupertino uses traffic data to reduce crashes and protect pedestrians

Popular Cities