Latest News, Updates & Breaking Headlines
NEW DELHI: India’s exports to China have increased 37% to $14.2 billion during April-Dec, govt told Rajya Sabha Friday, with shipments during the last month of 2025 jumping 67% to over $2 billion. Imports during the first nine months were up 13.5% to nearly $96 billion, latest data from the commerce department showed. In Parliament,…
NEW DELHI: A US-India trade deal is set to add to the already strong growth momentum and revive investor interest for Asia’s third largest economy as uncertainty gives way to optimism.Growth has remained strong and has gathered in strength on the back of a string of reform measures unleashed by the govt including GST rate…
NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few…
With the India–European Union free trade agreement — widely dubbed the “mother of all deals” — now concluded, Commerce and Industry Minister Piyush Goyal on Saturday said the pact would be “compassionate and loving”, ensuring gains for all 28 partners involved, while potentially doubling India’s exports to Europe within five years, PTI reported.Goyal said India…
NEW DELHI: India and the European Union on Tuesday concluded a long-awaited Free Trade Agreement (FTA), marking a historic milestone in bilateral economic ties and positioning the two partners firmly in favour of diversified trade at a time of rising global uncertainty.The deal, finalised after more than two decades of negotiations and relaunched talks since…
Dhruv Gadh, Partner- Transport, Logistics and Infrastructure PwC India lists the top expectations for maritime sector: This budget presents an opportunity to transform the maritime sector by focusing on three key areas: 1. Capital allocation for Maritime Amrit Kaal VisionAlign investments to support the long-term Maritime Amrit Kaal Vision by scaling up the Sagarmala Programme….
NEW DELHI: Amid tariff trouble, for Indian commercial missions the message from the Prime Minister’s Office (PMO) and the commerce department is clear: “Har ek country zaroori hota hai”.PMO officials have held at least five meetings with Indian missions, ministry of external affairs and trade bodies, underlining the need to step up trade engagement for…
India’s exports to the European Union is facing higher import tariffs from January 1, 2026, after the EU suspended Generalised Scheme of Preferences (GSP) benefits for 87% of Indian goods, according to a report by trade policy think tank, Global Trade Research Initiative (GTRI).The move means that a large share of Indian exports will now…
MUMBAI: A weakening rupee is pushing Toyota to accelerate localisation and exports from India.“It (weaker rupee) pushes us for more localisation, but it also pressurises us for exports,” Tadashi Asazuma, deputy MD of Toyota Kirloskar Motor, told TOI in an interview ahead of the launch of the company’s first electric vehicle in India. The rupee…
India needs a comprehensive overhaul of its import tariff structure and customs administration to reduce trade costs, improve manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday, PTI reported. In a report titled A Blueprint for Modernizing India’s Import Tariffs and Customs Regime, GTRI recommended a gradual move…
