India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Securities in its latest report.
Minister of State for External Affairs Pabitra Margherita, during his recent Malaysia visit, emphasised the need for early completion of the review of ASEAN-India Trade in Goods Agreement (AITIGA) and underlined development partnerships in digital, maritime, health and innovation, as per a s
The European Union has postponed the imposition of tariffs on goods imported from the United States until early August, despite Washington's decision to impose 30 per cent tariffs on products from the EU bloc.
People living nearby have been evacuated and moved to a safe place after a goods train carrying diesel caught fire near Tiruvallur in Tamil Nadu on Sunday morning, said the District Collector M Prathap, adding that the fire has almost been brought under control.
US President Trump announced 30% tariffs on goods from Mexico and the EU starting August 1, citing border security and trade imbalances. He shared letters with their leaders on Truth Social. The move follows stalled trade talks, with only the UK reaching a deal so far, The Hill reported.
US President Trump imposed a 35% tariff on Canadian goods, citing concerns over fentanyl. In response, Canadian PM Mark Carney said Canada is making progress in curbing fentanyl and remains committed to US cooperation. Both countries aim to finalise a trade deal by August 1.
These Chinese fireworks, weighing 100 metric tonnes, were illicitly imported in the name of a KASEZ unit and certain IEC holders, by misdeclaring them as goods such as "Mini Decorative Plants," "Artificial Flowers", and "Plastic Mats".
Indian stock markets on Friday ended on a negative note due to a sober start to the first quarter earnings season and a ramp-up in the tariff threat by the US of 35 per cent on goods imported in the US from Canada.
In the letter, Trump threatened to increase the tariff rate by the same amount if Canada decides to increase their tariffs on importing American products.