international trade

New Delhi, April 11 – India is increasingly signing free trade agreements (FTAs) with economies where trade corridors are already expanding and supply chains are already forming, according to a new report.These FTAs are acting as accelerators of existing economic momentum, the report in Trade...

New Delhi, April 8 Commerce and Industry Minister Piyush Goyal on Wednesday urged exporters and businesses in India and the US to make greater use of the India-US trade facilitation portal to boost bilateral trade.He also said that bilateral trade is growing towards USD 500 billion, an...

Seoul, April 8 – South Korea recorded its largest-ever monthly current account surplus in February, driven by a semiconductor upcycle and strong exports, according to data released by the central bank on Wednesday.The current account surplus totaled $23.19 billion in February, up sharply from...

Seoul, April 7 – South Korea has secured an additional 60 million barrels of alternative oil supplies for May, which will replace supplies from the Middle East that have been disrupted due to the effective closure of the Strait of Hormuz, the government said on Tuesday.The country has secured...

New Delhi, April 5: India's pharmaceutical exports reached over $28 billion by February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a senior government official has said.Speaking at the inaugural session of ‘Chintan Shivir...

New Delhi, April 3 India's exports have maintained a strong pace despite global challenges, and are expected to show positive growth in 2025-26, a senior official from the Ministry of Commerce said on Friday.Data on exports and imports for the month of March and the full 2025-26 fiscal year...

New Delhi, April 2 The government has announced measures to help exporters mitigate the impact of the West Asia crisis, and more decisions are being considered, Commerce and Industry Minister Piyush Goyal said on Thursday.The US-Israel attack launched on Iran in February has disrupted shipping...

India Defence Exports Hit Record ₹38,424 Crore in FY26, Surge 62.66% Year-on-Year New Delhi, April 2: India’s defence exports climbed to a record high of ₹38,424 crore in the financial year 2025-26, registering a sharp 62.66 percent increase compared to ₹23,622 crore in the previous fiscal...

Seoul, March 31 – The South Korean currency plummeted sharply to a 17-year low against the US dollar on Tuesday, as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.The won was quoted at 1,530.1 won per dollar, down...

India’s WTO Position Reflected in Ministerial Conference Outcomes, Says Goyal India’s Growing Influence in Global Trade Discussions New Delhi, March 30 – Union Commerce and Industry Minister Piyush Goyal stated on Monday that India’s stance at the recently concluded World Trade Organization...

Piyush Goyal Pushes for Balanced WTO at MC14, Holds Key Bilateral Talks with EU, Canada, UK India Calls for Inclusive and Responsive WTO Framework Commerce and Industry Minister Piyush Goyal has underscored the need for a balanced and responsive World Trade Organization that addresses the...

India-China Trade Talks Highlight Rising Trade Deficit New Delhi, March 27 – Commerce and Industry Minister Piyush Goyal met his Chinese counterpart Wang Wentaoon Friday to discuss trade-related issues, amid a widening trade deficit between the two countries. The meeting took place on the...

Fuel Prices Remain Stable as Government Absorbs Losses New Delhi – Retail prices of petrol and diesel will not be adjusted following a recent excise duty reduction, according to a statement released by the government on Friday. Instead, the government will absorb the resulting losses incurred by...

EU to Demand WTO Reforms Amid China Trade Concerns Brussels, March 25 – The European Union will address the issue of China’s exports impacting European industries at the World Trade Organization (WTO) meeting in Cameroon this week, according to EU Commissioner for Trade and Economic Security...

J&K Hosts Agro and Food Fest Buyer-Seller Meet to Boost Global Market Access Event Aims to Strengthen Export Opportunities for Regional Products Srinagar, March 24: A two-day Agro and Food Fest Buyer-Seller Meet commenced in Jammu and Kashmir on Tuesday, aimed at promoting the Union Territory’s...

Gautam Singhania Recovers After Speedboat Capsize Incident in Maldives Raymond Group MD Sustains Minor Injuries, Undergoing Recovery in Mumbai New Delhi, March 21: Raymond Group Managing Director Gautam Singhania is recovering well after sustaining minor injuries in a speedboat accident near...

India to Push for Stronger WTO Framework at Cameroon Ministerial Meet Focus on Fair Global Trade Amid Rising Protectionism New Delhi, March 20 – India is set to advocate for strengthening the World Trade Organization (WTO) to reinforce a fair and rules-based multilateral trading system at the...

South Korea Forms Task Force to Counter US Trade Probes on Excess Capacity and Forced Labor Seoul, March 20: South Korea’s Ministry of Trade, Industry and Resources on Friday announced the formation of a joint task force with private sector stakeholders to coordinate a response to ongoing trade...

Government Launches RELIEF Scheme to Support Exporters Amid Middle East Crisis ₹500 Crore Initiative Aims to Stabilize Trade and Ease Logistics Disruptions New Delhi, March 19: The government on Thursday launched a new scheme titled Resilience & Logistics Intervention for Export Facilitation...

India’s Economic Fundamentals Strong as Exports Hold Steady, Says Piyush Goyal Services Growth and Stable Exports Support External Position New Delhi, March 17: Union Minister Piyush Goyal on Tuesday said that India’s economic fundamentals remain robust, supported by steady export performance...