Trade

India, Canada to hold next round of trade pact talks from October 5: Goyal

The negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada are progressing and the next round of talks will be held from October 5, Commerce and Industry Minister Piyush Goyal said on Monday. "...the next 90 days should be a very defining period in the Canada-India relationship," he told reporters here. The fourth round of negotiations concluded here on September 18. The talks are moving at a faster pace as both the countries are targeting to conclude the negotiations by end of this year. "Both sides have resolved to fast track negotiations, in view of which our team is now slated to go for the fifth round on October 5," Goyal said. Canada's International Trade Minister Maninder Sidhu was in Mumbai last week to hold talks with Goyal. India's major exports to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals. Key imports from Canada include pulses, pearls and semi-precious stones, coal,

Chindia: Are war and trade related?

Just let loose the instincts of natural traders. Trade may not guarantee border peace but it will increase the cost of war

India, NZ working together for early implementation of trade pact

India and New Zealand are working closely to complete their respective domestic processes to facilitate the early implementation of a trade agreement between the two countries, an official statement said on Thursday. The two countries signed a free trade agreement in April and it is expected to come into force in the third week of October. "India and New Zealand are working closely to complete their respective domestic processes and to facilitate the early entry into force of the Agreement," the commerce ministry said. It said that India has welcomed the passage of legislation by the Parliament of New Zealand on September 16 to give effect to the India-New Zealand Free Trade Agreement (FTA). The passage of the legislation marks an important step towards implementing the pact. The agreement provides duty-free access for 100 per cent of Indian exports to New Zealand from the date of entry into force. It would open new opportunities for Indian exports including textiles and apparel,

BRICS Summit 2026: Six key takeaways on tariffs, terrorism and West Asia

The 18th BRICS Summit in New Delhi ended with a 140-point declaration covering trade, terrorism, West Asia, local-currency payments, AI and global governance. Here are the key takeaways.

Govt eases norms for exporters to get 'One Star Export House' status

The government on Friday relaxed the 'One Star Export House' eligibility condition for exporters by revising the specific international trade and financial performance norms in three consecutive fiscal years. Earlier, exporters were required to achieve specific export performance in all three preceding financial years to receive the 'Star Export House' status. Under the revised norms, export firms reporting the same in any two of the three preceding fiscals will be eligible to get this recognition. This change, however, does not apply to the gems and jewellery sector as that sector already has a separate two-year requirement under foreign trade policy (FTP) 2023. The directorate general of foreign trade (DGFT) has amended a provision of the FTP "to allow granting of One Star Export House status to applicants (other than for the Gems and Jewellery sector) who possess export performance in any two out of the three preceding financial years subject to other provisions...". Upon achiev

Stock market timings to change soon: Here’s what traders need to know | Trading | F&O

From August 3, India's stock market will see one of its biggest operational changes in years. A new Closing Auction Session will change how the closing price is discovered for F&O stocks,

India's digital trade dilemma deepens after WTO duty moratorium lapses

With the WTO moratorium on electronic transmissions having lapsed, India must weigh tariff flexibility against its growing stake in open, predictable digital trade

Why the US has imposed a new 10% tariff on Indian goods

The United States has imposed new tariffs ranging from 10% to 12.5% on imports from 60 countries over concerns about goods made using forced labour.

Samyukt Kisan Morcha to hold countrywide protests against trade pacts

The Samyukt Kisan Morcha (SKM) has announced nationwide protests on Wednesday against the proposed India-US Free Trade Agreement (FTA) and other trade pacts, and written to President Droupadi Murmu, urging her to intervene to stop the Centre from signing the agreements. In an open letter to the president, the farmers' body has urged her to "instruct Prime Minister Narendra Modi not to sign the India-US Free Trade Agreement, repeal all signed FTAs and ensure discussion in Parliament" on their impact on the country's economy, self-reliance and sovereignty. "The FTAs, negotiated in secrecy and under corporate pressure, are a profound betrayal of India's national interest.... A blueprint for economic colonisation," the SKM has said in the letter, claiming that the agreements would devastate crores of small and marginal farmers and adversely affect the micro, small and medium enterprises (MSME) sector. The organisation has claimed that the proposed trade deals would allow subsidised ...

India, Moldova agree to promote trade, strengthen supply chains: Prez Murmu

India and Moldova on Monday agreed to promote greater trade and investment, strengthen resilient supply chains and improve connectivity, with President Droupadi Murmu saying economic cooperation remains a key pillar of the bilateral partnership. Murmu, who is the first Indian President to visit Moldova, held productive and forward-looking discussions with her Moldovan counterpart Maia Sandu here, covering the entire spectrum of bilateral ties. "Economic cooperation remains an important pillar of our partnership. We agreed to promote greater trade and investment, strengthen resilient supply chains, improve connectivity and encourage closer engagement between our business communities," she said. The India-Moldova Business Forum, being held on the margins of this visit, will go a long way in energising our trade and investment ties, the President said. "We agreed to strengthen cooperation in various areas of mutual interest including agriculture, logistics and infrastructure, healthc

RBI issues consolidated norms for Special Rupee Vostro Accounts and trade

The central bank has merged instructions issued since 2022 into a single circular, retaining the framework for rupee-denominated settlement of cross-border trade transactions

India-UK FTA explained: What it means for jobs, exports & you

The India-UK Free Trade Agreement is now in force, opening new opportunities for Indian exporters, businesses and professionals.

E-way bill generation rises 14.5% in June to fourth-highest monthly level

E-way bill generation under the GST regime rose 14.5 per cent year-on-year to 136.77 million in June, signalling resilient goods movement, domestic trade activity and tax compliance

Datanomics: India sees trade deficit with Seychelles on aircraft imports

India's FY26 trade with Seychelles swung to a $267 million deficit as aircraft imports surged, despite 19 new agreements to strengthen defence, maritime security and infrastructure ties

Uttar Pradesh trade show may generate ₹25,000 crore boost for MSMEs

UPITS 2026 aims to connect nine million MSMEs with global buyers, targeting ₹20,000 crore in business opportunities and boosting Uttar Pradesh's export ambitions

Summer Davos and a new investment narrative for West Asia's economic future

West Asia's economic transformation presents India with new opportunities in infrastructure, trade, logistics and digital partnerships, strengthening regional integration

Hormuz disruption may have lasting impact on vulnerable economies: UNCTAD

The UN trade agency said vulnerable economies could continue to face elevated food, fuel and transport costs even after energy markets stabilise following the reopening of the Strait of Hormuz

Board of Trade to meet on July 3 to discuss export growth strategies

The Board of Trade (BoT), chaired by Commerce and Industry Minister Piyush Goyal, is scheduled to meet on July 3 to leverage benefits from recent trade pacts and to discuss strategies for accelerating the country's exports, an official said. The BoT includes participants from various states, Union territories, and senior officials from the public and private sectors. In the meeting, representatives of export promotion councils, along with other participants, will present their views on the export sector. "The BoT is meeting on July 3 here," the official said. The last meeting of the board was held on November 25, 2025. The meeting is important as India has implemented five free trade agreements (FTAs) since 2021 with Mauritius, Australia, the UAE, Oman, and the four-nation European EFTA bloc. It has also signed a pact with the UK, which will come into force on July 15. The trade pact with the 27-nation EU is expected to be signed by the end of this year and may come into force ne

Russia, India working to boost bilateral trade volumes: Kremlin spokesman

Russia and India are working on increasing bilateral trade volumes, Kremlin spokesman Dmitry Peskov said on Wednesday, as the two countries pursue a trade target of USD 100 billion by 2030 from USD 60 billion now. Peskov, who attended the 12th Primakov Readings international academic and expert forum, also said that Russia and India share a notably privileged partnership. He said that Russia and India are working to expand trade and economic relations. "We are pleased to note that this volume is showing a steady uptrend. We will keep working along these lines." During President Vladimir Putin's visit to India in December last year, the two countries set the bilateral trade target of USD 100 billion by 2030. "India is the world's most populous country, one of the fastest-growing economies, and a nation brimming with potential across all sectors," Peskov was quoted as saying by the state-run TASS news agency. "Our relationship is further reinforced by our joint participation in vari