India's gems and jewellery trade witnessed a sharp contraction in October 2025, as exports and imports declined across major segments due to subdued global demand, high interest rates, supply chain disruptions, and the impact of steep US tariffs, as per the data released by the Gems and Jewe
The announcement comes as Canada seeks new markets for its canola after China imposed preliminary anti-dumping duties on Canadian imports in August. This followed Canada's move last year to levy a 100 per cent tariff on Chinese electric vehicles.
Union Minister of Commerce and Industry Piyush Goyal, on Wednesday, chaired a meeting with representatives from Export Promotion Councils (EPCs) and industry associations, focusing on strategies to boost India's export growth. The discussions centred around harnessing Free Trade Agreements (
The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to a report by Bank of Baroda.
Over the next five years, India aims to double its agricultural and agri-based exports and open new global markets for Indian rice, Union Food Minister Pralhad Joshi said in a video message, "Over the next 5 years, we aim to reform and modernize the public distribution system, double Agri an
An RBI release said that Authorised Dealer (AD) banks in India and their overseas branches can now lend in Indian Rupees to individuals and institutions in Bhutan, Nepal, and Sri Lanka, including banks in these jurisdictions, to facilitate cross-border trade transactions
The Chairman of the Taiwan External Trade Development Council (TAITRA), James Chih-Fang Huang, expressed optimism about a prospective Free Trade Agreement (FTA) between India and Taiwan, stating that it would significantly boost Taiwanese investments and business partnerships in the country.
India and the European Union (EU) have reaffirmed their commitment to the early conclusion of ongoing Free Trade Agreement (FTA) negotiations between the two sides.
The 50 per cent tariffs on imports from India to the United States came into effect on Wednesday after the U.S. Customs and Border Protection (CBP) published an official notice.
Evgeniy Griva, Russia's Deputy Trade Representative to India, said oil import prices could fluctuate by 5% amid tariffs. He added that trade between India and Russia is expected to grow around 10%, with Indian exports of machine tools, electronics, pharma, and chemicals increasing rapidly.
The Global Trade Research Institute (GTRI) on Wednesday called the United States' decision to impose an additional 25 per cent tariff on Indian imports "hypocritical", highlighting Washington's selective approach towards its allies and China when it comes to their trade relations with Mos
Union Commerce and Industry Minister Piyush Goyal highlighted on Saturday that growing international scrutiny of the European Union's Carbon Border Adjustment Mechanism (CBAM) could weigh more heavily on European industries than its intended targets.