Union Minister of Commerce and Industry Shri Piyush Goyal held extensive discussions with global leaders and business delegations at the 30th CII Partnership Summit in Visakhapatnam on 14 November 2025. His engagements focused on strengthening trade, boosting investment flows and reinforcing India’s role as a trusted global economic partner. Addressing…
Tag: #GlobalTrade
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India-US Trade Deal “Very Near”; Few Issues Remain: Official
New Delhi: Economic ties between India and the United States are on the cusp of a breakthrough as officials from both countries say a long-pending bilateral trade deal is “very near” conclusion. An unnamed government official told reporters on 24 October 2025 that both sides are now “converging on most…
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India-Germany Trade Ties Strengthened by Piyush Goyal
Berlin, Germany: Union Minister of Commerce and Industry Shri Piyush Goyal held a series of high-level meetings in Berlin on October 24, 2025, to further strengthen India-Germany trade and investment ties. His discussions focused on enhancing cooperation in areas including technology, green energy, advanced manufacturing, and skilling, building on a…
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Trump Says India Will Stop Buying Russian Oil
U.S. President Donald Trump on Friday told reporters that India “will not be buying oil from Russia” and had already “more or less stopped” purchases — comments that New Delhi has since described as inconsistent with its publicly stated energy policy. What Trump said Speaking to the media during a…
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India Denies Trump Claim on Modi, Russian Oil
New Delhi, October 16: India’s Ministry of External Affairs (MEA) has dismissed claims made by US President Donald Trump that Prime Minister Narendra Modi assured him of halting Russian oil imports. The ministry stated it was “not aware” of any recent phone conversation between the two leaders, casting doubt on…
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Ahmedabad Recommended to Host 2030 Commonwealth Games
India and Saudi Arabia have taken a major step toward strengthening their strategic and economic ties by expanding cooperation in the chemicals and petrochemicals sector. A high-level bilateral meeting between the Department of Chemicals & Petrochemicals, Ministry of Chemicals and Fertilizers, Government of India, and the Ministry of Industry and…
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U.S. Sanctions 8 Indians, Firms in Iran Energy Crackdown
Washington: The U.S. has imposed sanctions on eight Indian nationals and several India-based firms for allegedly facilitating Iranian energy trade, marking a significant move in its ongoing effort to curb Tehran’s global revenue streams. The Department of State announced that around 40 entities, individuals, and vessels were sanctioned to “deny…
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NITI Aayog Releases Q4 Trade Watch Report
New Delhi, October 7, 2025: NITI Aayog has released the fourth edition of its Trade Watch Quarterly report for Q4 of FY 2024–25, offering a detailed analysis of India’s trade trends and sectoral performance. The report, unveiled by CEO Shri B.V.R. Subrahmanyam in New Delhi, highlights steady growth in total…
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China Halts New BHP Iron Ore Cargoes Amid Pricing Dispute
China has ordered domestic steelmakers and traders to halt new purchases of iron ore cargoes from BHP Group, one of the world’s largest mining companies. The directive, issued by the state-run China Mineral Resources Group (CMRG), comes amid an escalating pricing dispute between Beijing and the Australian mining giant. China’s…
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BRICS Warns Against Tariffs, Backs India’s 2026 Chairship
The BRICS bloc has issued a strong warning against what it described as the “indiscriminate rise” of tariffs and protectionist trade measures, cautioning that such practices threaten to marginalize the Global South and weaken global economic stability. Meeting on the sidelines of the 80th United Nations General Assembly (UNGA) in…