Shreya Nandi

According to government data, the total trade between India and Russia grew from $8.73 billion in FY22 to $68.7 billion in FY25, mainly due to New Delhi's oil purchases

Commerce minister Piyush Goyal said the economy is on a strong footing despite global turmoil, citing Q2 growth and export gains in October-November

DPIIT secretary Amardeep Singh Bhatia urged industry to seek "realistic" regulatory relaxations, balancing ease of doing business with public safety, as panels review laws to cut compliance burden

Oil imports drive surge; engineering exports dip as sanctions, logistics, and market access hamper outbound growth

India nears a framework trade deal with the US but insists both reciprocal and Russian-oil-linked tariffs must be resolved together, even as parallel talks with the EU and Canada gather pace

Merchandise exports grew in the first three weeks of Nov, Piyush Goyal said after a Board of Trade meeting that reviewed tariff challenges, export incentives and ongoing trade talks with key partners

Shrimp-heavy shipments to China, Vietnam, and Europe help country log $4.87 bn in Apr-Oct

Govt calls for deeper ties in critical minerals and N-power

The panel, in an internal report finalised in October, had suggested that the Department for Promotion of Industry and Internal Trade (DPIIT) weigh the options and take a final call by December 31

Hong Kong is among India's top 10 export destinations, accounting for close to 2 per cent of the country's total outbound shipments

Piyush Goyal will review export challenges, logistics gaps and trade deal gains as industry seeks clarity on the new Export Promotion Mission

The move aims to ease pressure on MSME exporters as the revamped Interest Equalisation Scheme is folded into the new Export Promotion Mission

Piyush Goyal has launched a unified trade intelligence portal offering real-time analytics on FTA utilisation, global demand, supply chains and export opportunities

Economic Secretary Anuradha Thakur urges the Indian financial sector to embrace disintermediation but ensure credit reaches MSMEs for equitable, sustained 8% GDP growth

Goyal said the government is holding regular consultations to streamline FDI and FII processes, boost investor confidence and advance fair, balanced India-US trade deal

Sector hopes for relief as FTA talks with the US and EU progress; FY26 exports may still reach $30-35 billion

India says the first tranche of the Indo-US trade deal is close to finalisation, with talks focused on easing reciprocal tariffs and boosting bilateral trade amid shifting export trends

Exports in Oct saw sharpest decline in 14 months

Departments begin rolling back quality orders as India finalises a trade deal with the US and weighs industry concerns on compliance burdens

EPM to aid MSMEs with trade finance, market access; IES to be revamped