Page 3 - Shreya Nandi

Centre pushes to merge, rationalise schemes to improve efficiency

54 centrally sponsored and 260 central-sector schemes may be reappraised for next financial year

US President Trump warns India of even higher tariffs over Russia oil

Trump warns of higher tariffs on Indian imports if New Delhi continues buying Russian oil, sharpening trade tensions amid stalled India-US deal talks

Venezuela tension unlikely to have big impact on India trade: Experts

US action in Venezuela may lift oil prices briefly, but officials say India's energy supplies and trade face minimal risk given limited exposure and reduced crude imports

Govt rolls out ₹7.3K cr schemes to boost MSME financing over six years

Government launches ₹7,295-crore interest subvention and collateral support schemes to ease trade finance access for MSME exporters over FY26-31

2026 to bring data, policy, tax changes; labour codes, CBAM to take effect

With new GDP, CPI and IIP base years, sweeping tax reforms, GST overhaul, labour code rollout and EU's carbon tax, 2026 is set to reshape India's economic, regulatory and labour landscape

Govt launches ₹4,531 cr market access support scheme for exporters

The Centre has launched a ₹4,531 crore market access support scheme for FY26-31 to boost exporters' global reach, with an MSME bias and support for trade events and new markets

India to set up committee to oversee New Zealand FDI commitment under FTA

India and New Zealand announced the conclusion of the free trade agreement (FTA) negotiations on 22 December, under which Wellington has committed $20 billion in FDI over the next 15 years

Piyush Goyal may travel to Canada in February to resume FTA talks

Piyush Goyal may visit Canada in February, paving the way for restarting stalled India-Canada trade talks after a two-year diplomatic freeze over the Nijjar controversy

China starts issuing licenses to import rare earth magnets into India

China has begun clearing export licences for rare earth magnets to India, easing supply disruptions for automakers and EV makers after months of delays caused by trade curbs

Binding FTA commitments to lift Indian professional services: Commerce secy

Commerce Secretary Rajesh Agrawal says binding FTA commitments on professional services can open global opportunities, as India focuses on skills, mobility and digital delivery

China complains against India at WTO over IT goods tariff, solar scheme

China has approached the WTO seeking dispute consultations with India over import duties on IT goods and local value norms under the solar PV production-linked incentive scheme

India-US to resume trade talks in January after year-end holiday pause

Talks are going on for the last nine months, with no outcome, despite over a half dozen rounds of in-person formal and informal negotiations

0% duty on 100% exports: India secures trade deal with New Zealand

Wellington commits to $20 bn FDI in 15 years; dairy items excluded

Trade agreement between India and EAEU to exclude areas of services

The Eurasian Economic Union comprises five countries - the Russian Federation, Kazakhstan, Belarus, Armenia and Kyrgyzstan

Cabinet approves India-New Zealand trade pact, paves way for signing

Once signed, this deal will mark India's seventh trade agreement since 2021 and a part of its diversification strategy at a time when global trade is up for a major reset

India-Oman trade agreement opens the door to social security talks

In 2024, India's bilateral services trade with Oman stood at $863 million, with exports of $665 million and imports of $198 million, resulting in a surplus of $447 million for India

Piyush Goyal to make final push for India-EU discussions in new year

Government officials said that India and the EU are continuing to engage with each other to narrow the differences and close the free trade agreement (FTA) talks at the earliest

Trade deal: India gets zero-duty access on over 99% exports to Oman

Second Cepa with a Gulf nation; labour-intensive sectors to get full benefit

Outbound shipments from India to China surge to $12.22 bn in Apr-Nov

Trend indicates Beijing is shifting its sourcing away from US, say officials

India's exports grow fastest in nearly 3.5 years; gold imports shrank

Shipments to US, China rose sharply in November