Trade
![Modi,Trump discuss trade, defence and 5G ahead of G20 summit Modi,Trump discuss trade, defence and 5G ahead of G20 summit](/economy/trade/images/modi_and_trump_jun_sm_domain-b.jpg)
Modi,Trump discuss trade, defence and 5G ahead of G20 summit
28 Jun 2019
`We have become great friends and our countries have never been closer, Trump said, adding that the two countries will work together in many ways, including military and trade,’ as he sat down with PM Modi for talks
![Trump, Pompeo pressure India on trade, defence ties Trump, Pompeo pressure India on trade, defence ties](/economy/trade/images/mike_pompeo_jun_sm_domain-b.jpg)
Trump, Pompeo pressure India on trade, defence ties
27 Jun 2019
US secretary of state Mike Pompeo, now on a visit to India, presented a list of demands, including stoppage of oil imports from Iran and Venezuela, abandoning S-400 air defence missile deal with Russia, keeping Huawei Technologies away and offering more freedom for religious groups
![Pompeo to push India on trade, e-commerce and investment Pompeo to push India on trade, e-commerce and investment](/economy/trade/images/mike_pompeo_jun_sm_domain-b.jpg)
Pompeo to push India on trade, e-commerce and investment
25 Jun 2019
The United States wants India to ease rules on trade, e-commerce and investment for US companies and buy less or nothing from its rivals like Russia, as the two countries promote strategic ties
![India looks to gain from US-China trade war India looks to gain from US-China trade war](/economy/trade/images/ship_airport_june_sm_domain-b.jpg)
India looks to gain from US-China trade war
17 Jun 2019
India plans to achieve this by gaining more reciprocal access for a total of 203 products from the US and another 151 items from the Chinese government by getting them to remove non-tariff barriers wherever they exist
![G20: India seeks reciprocal market access for its products G20: India seeks reciprocal market access for its products](/economy/trade/images/piyush_goyal_jun_sm_domain-b.jpg)
G20: India seeks reciprocal market access for its products
10 Jun 2019
Commerce and industry minister attending the G20 Ministerial Meeting on Trade and Investment and Digital Economy in Japan held bilateral meetings with a number of countries on the sidelines of the main event
Ferry service to connect India and Maldives
10 Jun 2019
US removes India from its currency watch list
29 May 2019
![India starts FY19 with a $15.33 billion trade deficit in April India starts FY19 with a $15.33 billion trade deficit in April](/economy/trade/images/ship_air_port_jun_sm_domain-b.jpg)
India starts FY19 with a $15.33 billion trade deficit in April
16 May 2019
India’s trade deficit grew 11.73 per cent year-on-year to $15.33 million in the first month of the current financial year (April 2018-19) with the country’s imports bulging to $41.40 billion and imports lagging far behind at $26.07 billion
![India opposes EU proposal for e-commerce rules India opposes EU proposal for e-commerce rules](/organisation/wto/images/wto_may_sm_domain-b.jpg)
India opposes EU proposal for e-commerce rules
13 May 2019
India’s proposal to safeguard the right of special provisions by amending laws on unilateral action by members on trade issues has found immediate support from China and South Africa
![US cannot ensure cheaper oil to India, says Wilbur Ross US cannot ensure cheaper oil to India, says Wilbur Ross](/economy/trade/images/wilbur_ross_apr_sm_domain-b.jpg)
US cannot ensure cheaper oil to India, says Wilbur Ross
06 May 2019
Ross, who is in India, leading a 100-member strong delegation of top US companies from sectors such as aviation and defence, energy, healthcare, digital services, automotive, consumer goods and agribusiness looking for what India has to offer
![US sanctions threat over Iran drives oil prices to $74.40/bbl US sanctions threat over Iran drives oil prices to $74.40/bbl](/industry/oil_gas/images/oil_barrel_jun_sm_domain-b.jpg)
US sanctions threat over Iran drives oil prices to $74.40/bbl
23 Apr 2019
The US move, which has taken market participants off guard, combined with curbs on Venezuelan oil and Opec cutbacks could drive up prices above the current levels, possibly back to levels above $100 a barrel
![India's FY19 trade deficit hits $176.42 billion India's FY19 trade deficit hits $176.42 billion](/economy/trade/images/ship_air_port_jun_sm_domain-b.jpg)
India's FY19 trade deficit hits $176.42 billion
16 Apr 2019
While the country’s exports increased 11.2 per cent to $32.55 billion in March 2019, its imports were much higher at $43.44 billion despite a slower 1.44 per cent increase during the month
![PM Modi honoured with Russia's highest civilian award PM Modi honoured with Russia's highest civilian award](/people/in_the_news/images/narendra_modi_06_june_sm_domain-b.jpg)
PM Modi honoured with Russia's highest civilian award
12 Apr 2019
Besides the 'Order of Saint Andrew the Apostle' of the Russian Federation, Prime Minister Modi has received a string of awards, including the UAE’s Zayed Medal, the Seoul Peace Prize from the South Korean government, the UN’s Champions of the Earth Award and the Philip Kotler Presidential Award
![India remains top recipient of remittances with $79 bn in 2018 India remains top recipient of remittances with $79 bn in 2018](/finance/general/images/dollar_dec_sm_domain-b.jpg)
India remains top recipient of remittances with $79 bn in 2018
09 Apr 2019
The value of global remittances sent to low-and middle-income countries increased by 9 per cent to $529 billion in 2018, with nearly half of it landing in five countries, including India, the Philippines, Egypt, China and Mexico, World Bank data showed
![UAE honours PM Narendra Modi with the `Order of Zayed’ UAE honours PM Narendra Modi with the `Order of Zayed’](/people/in_the_news/images/narendra_modi_06_june_sm_domain-b.jpg)
UAE honours PM Narendra Modi with the `Order of Zayed’
04 Apr 2019
UAE honoured Prime Minister Narendra Modi with the country’s highest civilian decoration, the Order of Zayed, for reinforcing historical and comprehensive strategic ties between the two countries
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