In a significant move to modernise India’s trade data framework, the Directorate General of Commercial Intelligence and Statistics (DGCI&S) has revised the base year of the Merchandise Trade Indices to FY 2022–23. The update replaces the earlier base of FY 2012–13 and aims to align trade statistics with current economic…
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Piyush Goyal Urges Industry to Leverage FTAs
Union Commerce and Industry Minister Shri Piyush Goyal has urged exporters and industry associations to fully utilise India’s recently concluded Free Trade Agreements (FTAs) with major developed economies to expand global market access, boost exports and generate employment. Addressing representatives of 35 Export Promotion Councils (EPCs) and leading industry bodies…
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IIFT Tops Times B-School Ranking 2026 for Global Trade Education
The Indian Institute of Foreign Trade (IIFT) has secured the first position in the Times B-School Ranking 2026, reaffirming its status as a premier institution for management education with a strong focus on international trade and global business. IIFT operates under the Ministry of Commerce & Industry, Government of India,…
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India WPI Inflation Rises to 0.83% in December 2025: DPIIT Data
India’s wholesale inflation returned to positive territory in December 2025, with the Wholesale Price Index (WPI) recording an annual inflation rate of 0.83 percent, according to provisional data released by the Department for Promotion of Industry and Internal Trade (DPIIT). This marks a notable shift after several months of subdued…
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Goyal at Amity Convocation: Universities Must Nurture Talent
Noida — Union Minister of Commerce and Industry Shri Piyush Goyal on Saturday urged nearly 29,000 graduating students at Amity University’s convocation to translate their education into nation-building. He lauded the university’s need-blind scholarships, strong female representation, and a thriving innovation ecosystem that includes over 450 student patents. Universities as…
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FDDI Convocation: President Murmu & Piyush Goyal Inspire Graduates
The President of India, Smt. Droupadi Murmu, presided over the convocation ceremony of the Footwear Design and Development Institute (FDDI) in New Delhi, conferring certificates to over 500 graduating students. She highlighted FDDI’s status as an Institute of national importance since 2017 and underscored India’s global standing as the second-largest…
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India Deepens Trade Ties with Peru and Chile
India has advanced its economic ties with Latin America after successfully concluding two important rounds of negotiations the 9th round of the India–Peru Trade Agreement in Lima and the 3rd round of the India–Chile Comprehensive Economic Partnership Agreement (CEPA) in Santiago. Officials said both engagements made substantive progress on market…
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GeM Holds Session on Legal Compliance in Public Procurement
The Government e-Marketplace (GeM) convened an orientation-cum-awareness session titled “Compliance with Law of the Land in Public Procurement through GeM Portal” at the Biswa Bangla Convention Centre, Newtown, Kolkata. The session aimed to sensitise government buyers and stakeholders on statutory and procedural obligations when hiring manpower services through the GeM…