The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has announced a facilitation measure for exporters by extending the Export Obligation (EO) period for certain export promotion schemes, the release said.
According to the Ministry of Commerce & Industry, the meeting was chaired by Special Secretary, Department of Commerce, Suchindra Misra and Lav Agarwal, Director General of Foreign Trade (DGFT).
"The two sides are of the view that the proposed visit of Indian Chief Negotiator and the team be scheduled after each side has had the time to evaluate the latest developments and its implications. The meeting will be rescheduled at a mutually convenient date," sources in the Commerce Min
The government said on Saturday that it is studying the implications of the US Supreme Court judgement on tariffs and the steps announced by the President Trump Administration.
Speaking to reporters here on Saturday, Joshi said, "I have read in the media that the US top court has given some judgment and the Indian government will study that, and whatever the reaction needs to be given, that will be given by the Commerce Ministry and MEA, not by me."
Longer-term trends indicate a structural shift in India's gold imports, with value rising sharply over time while volumes have stagnated or declined. Gold import value increased from USD 32.91 billion in FY19 to USD 58.01 billion in FY25, a 76 per cent rise over six years.
India's overall exports, merchandise and services combined, increased by 13.16 per cent year-on-year to USD 80.45 billion in January 2026, compared with USD 71.09 billion in January 2025, according to data released by the Commerce Ministry on Monday.
"It is a good gesture between India and the US. The Commerce Ministry had been working to get the tariff reduced. This will ease out any apprehensions," he told ANI.
"Discussions are ongoing with several countries. India is happy and willing to expand its trade engagements as we believe there is significant interconnected trade globally," an official said. "However, we engage only with fair trading partners and carefully examine each free trade agreem
The European Union Generalised System of preferences (GSP) regulation impacts only 2.66% of India's exports to the European Union, underscoring the limited trade effect of EU's GSP Regulations 2025, effective from January 1 this year, according to an official from the Commerce Ministry.
During 2025-26, exports began at USD 1.39 billion in April, climbed to USD 1.62 billion in May, and after a brief moderation in the mid-year months, gained momentum from September onward. Exports rose from USD 1.46 billion in September to USD 1.63 billion in October, reaching a peak of USD 2
he visit of a delegation of US trade officials from the office of the US Trade Representative, led by Deputy US Trade Rick Switzer served as an opportunity for both sides to have productive exchanges on a wide gamut of items, including the ongoing negotiations for a mutually beneficial In