Expanding global trade agreements will open new opportunities for India's farmers, fishermen, and MSMEs as the nation secures "preferential market" status across major international economies, said Union Minister Piyush Goyal. Speaking at the 40th edition of AAHAR, the International Food & H
The digital trade chapter of the India-EU Free Trade Agreement (FTA) promotes paperless trade, e-invoicing, e-contracts, and e-authentication to ease cross-border trade. This facilitative framework establishes a secure and trustworthy digital environment for electronic transactions, which ai
India's distillery industry has urged the government to cut goods and services tax (GST) on flex-fuel vehicles to boost ethanol consumption, as the country faces a surplus of ethanol after achieving its 20% blending target well ahead of schedule, Bharati Balaji, Director of the All India
"Globalisation is neither retreating nor taking a back seat. On the contrary, global trade continues to grow, despite all this turbulence," Goyal said, responding to questions on whether the world is moving away from free trade. He pointed to strong trade numbers, stating that India's com
Karnataka Minister for Electronics Priyank Kharge on Tuesday criticised the India-USA trade deal by drawing a comparison with the Goods and Services Tax (GST). He noted that while Washington has reduced tariffs on Indian goods to 18 per cent.
The gross Goods and Services Tax (GST) collections reached Rs 1,93,384 crore in January 2026, registering a robust year-on-year growth of 6.2 per cent, according to government sources.
Highlighting the scale of trade between India and the EU, he said, "The total trade between India and EU -- all countries put together -- is $220 billion in goods and services put together, out of which $135 billion on goods and the remaining are in services. Both areas are covered very well
While speaking with ANI, Sachdev said, "India exports around USD 130 billion of goods and services to the EU. After this free trade agreement, our exports will jump from USD 130 billion to around USD 200 billion. European exports to India, which are around $80 billion now, will jump to aroun
Sachdev, in a conversation with ANI, said that after the agreement, the export of Indian goods and services to Europe is expected to go up to USD 250 to 270 billion.
Kerala Finance Minister KN Balagopal on Saturday said that the state government has urged the Centre to continue Goods and Services Tax (GST) compensation and retain the existing structure of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), citing economic pressures o
With US President Donald Trump "greenlighting" a bill that would impose 500 per cent tariffs on countries for buying Russian oil, GTRI said in a report on Thursday that any such tariff would effectively shut down India's goods and services exports to the United States, now exceeding USD 120
Most Indian banks recorded an increase in market capitalisation during the October-December quarter, supported by festive season demand and cuts in the goods and services tax (GST), according to S&P Global Market Intelligence data.