international trade

New Delhi, April 11 Commerce and Industry Minister Piyush Goyal held discussions with Saudi Arabia's Trade Minister Majid bin Abdullah Al Qassabi on Saturday on ways to strengthen supply chains disrupted due to the West Asia crisis, after holding talks with his counterparts from the UAE...

Bogota, April 11 – Colombia's trade ministry said that it will raise tariffs on imports from neighboring Ecuador to 100 per cent from 30 per cent, in line with a decision made a day earlier by Quito, as tensions between the two countries escalate.Trade Minister Diana Morales said in a...

New Delhi, April 9 State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) announced on Thursday that it has signed a Technology Collaboration Agreement (TCA) with the Korean firm E2S Company Ltd for excitation systems for synchronous machines.This TCA will enable BHEL to design...

Washington, April 9 India's Foreign Secretary Vikram Misri met senior US defense official Michael Duffey and discussed ways to further strengthen the defense industrial, technological, and supply chain linkages between the two countries.Misri, who is on a three-day visit here, had a "fruitful...

New Delhi, April 8 Commerce and Industry Minister Piyush Goyal on Wednesday urged exporters and businesses in India and the US to make greater use of the India-US trade facilitation portal to boost bilateral trade.He also said that bilateral trade is growing towards USD 500 billion, an...

Officials across the Gulf say the immediate relief comes from the reduced threat to civilian infrastructure, particularly desalination plants, power grids, and energy facilities in the UAE and Saudi Arabia. However, the reopening of the Strait of Hormuz remains operationally complex despite the...

New Delhi, April 8 Gold prices surged by Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trading on Wednesday due to increased buying driven by a weak US dollar and a sense of relief after Washington and Tehran agreed to a two-week ceasefire.On the Multi Commodity Exchange, the yellow metal...

New Delhi, April 6 The Government e-Marketplace (GeM), a public procurement platform, facilitated transactions worth ₹5.03 lakh crore in 2025-26, a decrease of 7.4 per cent from the previous fiscal, a senior official said on Monday.GeM facilitated transactions worth ₹5.43 lakh crore in...

Petroleum and Natural Gas Minister Hardeep Singh Puri stated that news reports and social media posts claiming that an Iranian crude cargo was diverted from Vadinar, India, to China due to payment issues are factually incorrect. In a social media post, Mr. Puri stated that amid disruptions in...

New Delhi, April 4 – India has demonstrated resilience in navigating recent global shocks, External Affairs Minister S. Jaishankar said on Saturday, referring to the ongoing conflict in West Asia and its wider economic repercussions.In his address at the convocation ceremony of IIM Raipur, EAM...

New Delhi, April 3 India is unlikely to be significantly affected by US President Donald Trump's announcement of 100 per cent tariffs on certain patented drugs, as the country primarily exports low-cost generic medicines to America, think tank GTRI said on Friday.Trump signed an executive...

New Delhi, April 3 India's exports have maintained a strong pace despite global challenges, and are expected to show positive growth in 2025-26, a senior official from the Ministry of Commerce said on Friday.Data on exports and imports for the month of March and the full 2025-26 fiscal year...

India's seafood exports have shown strong and consistent growth, expanding at an average annual rate of seven percent over the past eleven years. The Ministry of Fisheries, Animal Husbandry and Dairying stated that marine product exports have more than doubled during this period, increasing from...

Canberra, April 3 – The Australian federal government will not change its subsidy scheme for medicines in response to pressure from the US administration, said Health Minister Mark Butler on Friday.Butler told the Seven Network television that Australia will not negotiate with the United...

Washington, April 3 – The United States recorded a goods trade deficit of $54.91 billion with India over the past 12 months, placing it among Washington’s top deficit partners, even as the overall US trade gap widened in February, according to official data.The monthly figures showed the US...

Washington, April 3 – The United States warned China that actions targeting vessels flagged by Panama threaten a key global trade route and could drive up costs for businesses and consumers.US Secretary of State Marco Rubio said China’s recent actions against Panama-flagged ships raise...

New Delhi, April 2 – The India-UK free trade agreement (FTA), signed last July, is likely to come into effect within the next 30-45 days, Commerce and Industry Minister Piyush Goyal said on Thursday.Goyal held a bilateral meeting with Peter Kyle, the UK's Secretary of State for Business and...

April 02, New Delhi: Trade ministers concluded the 14th Ministerial Conference of the World Trade Organization (WTO) in Yaoundé, Cameroon, on March 30 after four days of intensive discussions.Union Minister of Commerce and Industry Piyush Goyal highlighted three major decisions from the...

New Delhi, April 2 The government has announced measures to help exporters mitigate the impact of the West Asia crisis, and more decisions are being considered, Commerce and Industry Minister Piyush Goyal said on Thursday.The US-Israel attack launched on Iran in February has disrupted shipping...

Union Commerce and Industry Minister Piyush Goyal briefed the media today on the outcomes of the 14th Ministerial Conference of the World Trade Organization (WTO), which was held in Yaoundé, Cameroon, from the 26th to the 29th of the previous month.Speaking to the media in New Delhi, Mr. Goyal...