India’s push for self-reliance and export resilience has yielded strong results, with cumulative exports touching USD 720.76 billion during April–January 2025-26, marking a 6.15% year-on-year growth. Services exports alone reached USD 354.13 billion, reflecting a robust 10.57% rise despite global economic uncertainties. The latest data underscores India’s ability to navigate…
Tag: #GlobalTrade
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Commerce Ministry Reviews Trade Amid Geopolitical Tensions
New Delhi, March 2: The Department of Commerce under the Ministry of Commerce & Industry convened a high-level stakeholder consultation to assess the impact of evolving geopolitical developments on India’s export-import (EXIM) cargo flows and ensure uninterrupted trade operations. The meeting was chaired by Special Secretary Shri Suchindra Misra and…
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Export Promotion Mission Expands MSME Support
The Government has significantly expanded the Export Promotion Mission (EPM), bringing the initiative close to full operationalisation with ten integrated interventions aimed at strengthening India’s export ecosystem. The Mission places special emphasis on Micro, Small and Medium Enterprises (MSMEs), first-time exporters and labour-intensive sectors. With a total outlay of ₹25,060…
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MoSPI Workshop Pushes Data Harmonization Agenda
The Government has significantly expanded the Export Promotion Mission (EPM), bringing the initiative close to full operationalisation with ten integrated interventions aimed at strengthening India’s export ecosystem. The Mission places special emphasis on Micro, Small and Medium Enterprises (MSMEs), first-time exporters and labour-intensive sectors. With a total outlay of ₹25,060…
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Trump Weighs Iran Strikes Amid Last-Minute Negotiations
Washington D.C.: US President Donald Trump is weighing potential airstrikes against Iran, with the decision closely linked to the assessments of his special envoys, Jared Kushner and Steve Witkoff. The Trump administration awaits Tehran’s latest proposal ahead of a critical round of last-minute negotiations scheduled for Thursday in Geneva. The…
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Supreme Court Decision Halts IEEPA Tariff Collection
Washington D.C.: The U.S. Customs and Border Protection (CBP) announced that it will halt the collection of tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting 12:01 a.m. EST on February 24, 2026. This decision comes after the U.S. Supreme Court ruled the tariffs illegal on February 20….
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Piyush Goyal Pushes India-Brazil Trade Beyond $15B
New Delhi: Union Minister of Commerce and Industry Shri Piyush Goyal has called for a major surge in India-Brazil trade beyond the current USD 15 billion mark, urging both nations to aim higher and deepen cooperation across strategic sectors including defence, renewables, pharmaceuticals and emerging technologies. Trade at USD 15…
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Piyush Goyal Launches Export Promotion Mission
New Delhi: Union Minister of Commerce and Industry Piyush Goyal on Thursday launched seven new interventions under the Export Promotion Mission (EPM), a flagship initiative aimed at empowering Micro, Small and Medium Enterprises (MSMEs) to expand their global footprint. The move seeks to enhance India’s export competitiveness, improve market access,…
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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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“India–US Trade Deal Opens $30T Export Market”
India has achieved a landmark breakthrough in global trade with the signing of the India–United States Bilateral Trade Agreement, securing sustained preferential access for Indian exports to the U.S. market valued at over USD 30 trillion. The agreement delivers wide-ranging tariff reductions, zero-duty access for key product categories and calibrated…