Trade

India’s April-August merchandise trade deficit estimated at $98.88 billion

15 Sep 2023

India’s merchandise trade deficit in August 2023 stood at $24.16 billion, which took overall merchandise trade deficit in April-August 2023 to an estimated $98.88 billion

India-Middle East-Europe Economic Corridor will be a beacon of shared progress: PM Modi

09 Sep 2023

The proposed India-Middle East-Europe Economic Corridor will be a beacon of cooperation, innovation, and shared progress that would help chart a journey of shared progress

US commerce secretary affirms a strong desire to maintain economic ties with China

US commerce secretary affirms a strong desire to maintain economic ties with China

29 Aug 2023

Senior officials from the United States and China held a series of economic policy meetings in Beijing on Tuesday, 29 August 2023, underscoring efforts to halt the decline in their bilateral relationship and to reestablish channels of communication.

India makes rupee payments for gold and crude imports from the UAE

India makes rupee payments for gold and crude imports from the UAE

16 Aug 2023

India and the United Arab Emirates have initiated bilateral trade using their respective local currencies. The first of such transactions was the sale of 25 kg gold by a UAE bullion exporter to an Indian buyer. The deal was worth about Rs.128.4 million ($1.54 million).

India allows export of drones for civilian use

01 Jul 2023

India, US mutually resolve major WTO issues, including disputes on steel and aluminium

01 Jul 2023

Europe’s oil imports via India seen rising above 3,60,000 barrels per day

08 May 2023

India, EFTA discuss ways to boost bilateral trade and economic partnership

02 May 2023

New foreign trade policy aims at $2 trillion exports by 2030: Piyush Goyal

New foreign trade policy aims at $2 trillion exports by 2030: Piyush Goyal

04 Apr 2023

FTP 2023 is a dynamic and open ended policy that accommodates emerging needs, facilitates ease of doing exports through process re-engineering and e-commerce, in collaboration with states and districts, while also allowing exporters to close old pending authorisations through a one-time amnesty scheme and start afresh 

US using Indian refiners for record purchase of gasoline and diesel of Russian origin: report

06 Feb 2023

India, US discuss social security agreement for professionals

16 Jan 2023

MFL signs 3-year pact with Dubai’s Agrifields to procure 30,000 tonnes phosphoric acid annually

06 Oct 2022

Indo-Pacific Economic Forum to secure region for business

Indo-Pacific Economic Forum to secure region for business

13 Sep 2022

India will not be part of the ‘trade pillar’ of the 14-member economic forum while remaining an active participant in the other three IPEF initiatives

India’s trade deficit widens; August imports jump 37%, exports flat

13 Sep 2022

Sanctioned Russian oil reaching US, Europe via India: report

08 Sep 2022

India offers to sell 18 Tejas fighter jets to Malaysia

08 Aug 2022

India’s merchandise trade deficit at record $31 bn in July

04 Aug 2022

Govt blames war in Ukraine, costly crude for rupee fall

01 Aug 2022

ECGC raises export credit risk insurance cover for small exporters to 90%

29 Jul 2022

India’s toy imports down 70%, exports up 61% in 3 years

15 Jul 2022

India’s merchandise trade deficit hits $70.25 billion in Q1

India’s merchandise trade deficit hits $70.25 billion in Q1

06 Jul 2022

The country imported goods valued at $63.58 billion in June alone against exports valued at $37.94 billion during the month

India, Australia to develop critical metal projects, supply chains

06 Jul 2022

India, Australia to develop critical metal projects, supply chains

06 Jul 2022

India-EU conclude first round of trade negotiations

05 Jul 2022

India’s marine product exports hit record Rs57,586 crore in FY22

05 Jul 2022

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