trade

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    Oil Prices Rise Amid Iran Conflict – India's Potential Re-Entry

    New Delhi, March 23 India will consider resuming the purchase of Iranian oil based on techno-commercial feasibility, a senior government official said after Washington temporarily lifted sanctions to ease pressure on prices following the US-Israeli war on Iran.Historically, India was a major...
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    Navigating Global Boundaries: India's Business Strategy

    India Emerging as a “Reliable Partner” in Global Supply Chains, Says Delhi LG New Delhi, March 23, 2026 – Delhi Lieutenant Governor Taranjit Singh Sandhu on Monday said that India has emerged as a reliable partner in global supply chains and innovation ecosystems.Addressing the 26th edition of...
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    Shipping Industry Faces Increased Costs Due to War Risk Surcharges

    FFFAI Urges Government Action as War Risk Surcharge Disrupts Shipping Trade Industry Body Flags Rising Costs and Operational Uncertainty Amid West Asia Crisis New Delhi, March 18The Federation of Freight Forwarders' Associations in India (FFFAI) has called for immediate government intervention...
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    Strengthening Trade Ties: Korea and Japan Establish Dialogue

    South Korea and Japan Agree to Launch Regular Industry Dialogue to Strengthen Supply Chain and Trade Cooperation New Policy Channel to Address Trade, Economic Security, and Supply Chain Issues Seoul, March 14: South Korea and Japan have agreed to establish a regular communication channel between...
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    Safe Passage Secured: Indian Vessels Transit Strait of Hormuz

    Indian LPG Tankers Shivalik and Nanda Devi Safely Exit Strait of Hormuz Amid Middle East Tensions Indian-Flagged LPG Vessels Cross Key Energy Shipping Route New Delhi, March 14: Two Indian-flagged liquefied petroleum gas tankers have safely crossed the strategically vital Strait of Hormuz after...
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    Fuel Supply Challenges Impact Indian Exports

    FIEO Urges Government to Prioritize LPG and Natural Gas Supply for Export-Oriented Units New Delhi, March 12: The Federation of Indian Export Organisations (FIEO) has urged the government to prioritize the allocation of LPG and natural gas to export-oriented manufacturing units, warning that...
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    South Korea’s Economy Grows 1% in 2025 Despite Fourth Quarter Contraction

    Exports Support Annual Growth but Economy Shrinks in Final Quarter South Korea’s economy expanded by 1 percent in 2025, supported largely by strong export performance, although the country recorded negative growth in the final quarter of the year, according to data released by the Bank of Korea...
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    Oil Above $100 Amid Iran Concerns and Market Volatility

    Oil Prices Near $110 as Donald Trump Defends Spike Amid Iran Conflict Trump Calls Oil Price Surge a ‘Small Price to Pay’ for Global Security US President Donald Trump has defended the recent surge in crude oil prices, saying the increase is a necessary cost for ensuring global safety amid...
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    MFN Treatment Extended: India-EU Trade Agreement Details

    India, European Union Agree on Five Year MFN Treatment in Trade in Services Under FTA India EU FTA to Ensure Equal Treatment for Service Providers Mumbai, February 28: India and the European Union have agreed to grant each other Most Favoured Nation treatment for five years after their proposed...
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    Electronics Exports Hit Record Highs: India's Growing Tech Industry

    Smartphones Become India’s Top Export Category as Overseas Shipments Eye $30 Billion in 2025 India Positions Itself as a Global Smartphone Manufacturing Hub New Delhi, February 25: Smartphones have emerged as India’s largest export category, with overseas shipments projected to reach $30 billion...
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    India’s Merchandise Exports Edge Up 0.61% to USD 36.56 Billion in January; Trade Deficit at USD 34.68 Billion

    January Trade Data: Exports Show Marginal Growth, Imports Surge New Delhi, February 16: India’s merchandise exports recorded a marginal rise of 0.61 per cent to USD 36.56 billion in January, Commerce Secretary Rajesh Agrawal said on Monday, indicating steady overseas demand during the month...
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