Primarily driven by a sharp fall in shipments to the US and a high base effect, India's engineering goods exports declined a whopping 16.71 per cent year-on-year in October 2025 to USD 9.37 billion, the Engineering Export Promotion Council of India said on Saturday.
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
India is hopeful of signing the first tranche of the India-US Bilateral Trade Agreement within the current calendar year, Commerce Secretary Rajesh Agarwal optimistically said on Friday. Talking at FICCI AGM, he indicated that talks have progressed substantially despite recent shifts in g
Speaking to reporters after the review meeting, the Congress leader said that a very detailed review has been conducted in groups of ten by Mallikarjun Kharge and Lok Sabha LoP Rahul Gandhi.
India's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
India will launch formal negotiations for a Free Trade Agreement with the Russia-led Eurasian Economic Union starting today, Commerce and Industry Minister Piyush Goyal announced at a press conference in the capital on Tuesday.
Earlier in the day, PM Modi, along with Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat, ceremonially hoisted the saffron flag atop the temple's 191-foot-high shikhar in Ayodhya, symbolising the completion of construction of the historic Ram Temple.
GTRI urged the members of the Board of Trade (BoT) to place two issues at the top of their scheduled meeting namely Quick roll out Export Promotion Mission, and push U.S. to Drop Oil Tariff. The BoT meeting scheduled for today, will be chaired by the Commerce and Industry Minister to recomme
Union Minister of Commerce and Industry, Piyush Goyal, held an interaction with key stakeholders from India's pharmaceutical ecosystem, focusing on strengthening industry growth and regulatory reforms.