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US global 'supplemental tariffs' to target trade-surplus countries

Trump has not yet announced higher tariffs on China, although he mentioned a 10 per cent tariff hike over a month ago

Govt clears Rs 3,516 cr investment proposals under PLI scheme for ACs, LEDs

Out of these, the government selected 18 companies-10 manufacturers of components of ACs and eight LED light manufacturers-with committed investment of Rs 2,299 crore

How India's trade ties with US panned during past two administrations

Here's looking at how the last two terms panned out

Trade game: Exports to China saw sharpest fall in December, shows data

India's shipments to 4 of top 10 destinations declined

Piyush Goyal to travel to Brussels on Saturday for FTA talks with EU

Meeting to give 'political direction' to expedite India-EU FTA negotiations

India-EU FTA negotiations a tough nut to crack as key issues unresolved

A major hurdles in the way of talks has been EU's stance on sustainable development, since trade bloc is set to implement regulations such as CBAM, deforestation regulation law, and supply chain law

Piyush Goyal asks auto component industry to reduce import dependency

The minister said that certain companies in India that are still importing automobile components will be out of competition as domestic products are more competitive than foreign ones

Commerce dept seeks to extend 2 export schemes ahead of Union Budget

The commerce department is now seeking an additional allocation of Rs 1,600-1,700 crore, which will allow the government to drag the scheme till March 31

Trade deficit eases to $21.94 billion in December as gold imports fall

Data showed merchandise exports contracted by 1 per cent year-on-year to $38.01 billion in December

Govt to launch AI-backed data analytics platform for better trade insights

A committee, comprising officials from commerce and finance ministries, has been formed to create a mechanism for publishing consistent and accurate data

High demand for US visa an opportunity for closer ties: Eric Garcetti

In 2024, one million non-immigrant visas, including a record number of visitor visas, were issued to Indians

Trump 2.0 era: Govt asks industries to identify import prospects from US

Major economies closely following Trump's moves

DPIIT officials meet AIFs to promote capital mobilisation for startups

The meeting saw the participation of more than 70 AIFs, with discussions focused on capital mobilisation and promoting funding for startups in smaller cities

Import stats for gold, silver, electronics lowered for April-November

The government has also revised the electronics import value for this period downward by $2.7 billion to $61.2 billion

Govt slashes Nov gold import data by $5 billion in commodity revision

The revised data also suggests a narrowing of India's trade deficit by $5 billion, reducing it to $32.8 billion in November from the previously reported all-time high of $37.8 billion

Industry seeks extension of RoDTEP scheme to SEZs, EOUs till Sep-end

Currently, the RoDTEP scheme for exports from the domestic tariff area (DTA) or the domestic market is in place until September 30

Free trade deal may get delayed as Australia approaches 2025 elections

Both nations had signed the interim trade deal, also known as India-Australia ECTA that came into force on December 29, 2022

The India story: Striving for a stronger share of the global trade pie

India's trade relations with the world have evolved in the last 25 years. New partnerships have been forged, old ones have been strengthened, but challenges remain

India eyes $25 billion export opportunity in US amid China tariff dispute

These sectors include electronics and electrical equipment, footwear, textiles and garments, furniture and home decor, automotive components, toys, and chemicals

Steel ministry urges FinMin to hike Customs duty to counter Chinese threat

The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China