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.
Despite the ongoing shifts in global trade dynamics, India's trade performance remained resilient in the first quarter of the financial year 2026, according to the Monthly Economic Review report released by the Department of Economic Affairs (DEA).
India's trade performance in May 2025 has shown strength and stability, even in the face of uncertain global conditions, according to views shared by industry experts and economists.