BUSINESS
India, US 'very close' to interim deal to lower reciprocal tariffs, says Commerce Secy
There's a fair expectation that both countries (India, US) will be able to agree to a deal to lower reciprocal tariffs, says Agrawal
BUSINESS
India proposes limited trade deal with Mexico to offset tariff hikes
The commerce ministry added that Indian exports worth around $2 billion to Mexico, particularly automobiles, two wheelers, auto parts, textiles, among others could be affected by the proposed tariffs.
BUSINESS
India’s goods trade deficit shrank to a 5-month low of $24.5 billion in November
Merchandise exports for November 2025 stood at $38.13 billion, while goods imports came in at $62.66 billion
BUSINESS
10 and counting: India's 2026 FTA playbook to tackle tariffs, secure minerals
India is ramping up its trade efforts heading into 2026, with a free trade deal with the EU on the horizon and negotiations advancing with the US, Oman, Peru, Chile, New Zealand, Israel and more. These moves aim to diversify export markets, reduce reliance on any single economy, and secure critical minerals amid global supply constraints.
BUSINESS
Mexico’s 50% tariff hike spurs Indian exporters to seek FTA amid rising pressure on steel, auto sectors
Certain exporters have formally urged the Commerce Ministry to pursue a Free Trade Agreement (FTA) with Mexico to cushion the blow, with a source adding that industry leaders have even flagged the issue directly to Minister Piyush Goyal.
BUSINESS
India-EU FTA aims to ease entry of Italian wines, auto; boost Indian whisky, textiles exports: Goyal
Goyal acknowledged that some pending issues still need to be ironed out to conclude India-EU FTA talks
BUSINESS
Credit guarantee scheme for exporters in last leg of consultations, rollout likely by December-end
Meeting with key export promotion councils scheduled for December 10; interest rates, moratorium, eligibility, and processing mechanism under discussion.
BUSINESS
Budget FY27: Gold import duty unlikely to be changed amid stable CAD outlook
The government has tightened checks on 'mis-declared' gold and platinum imports. The basic customs duty on the yellow metal has been cut from 15% to 6% in July 2024
BUSINESS
As IndiGo chaos continues, consumer affairs ministry steps up watch on airlines, refund compliance
Consumers affairs and aviation ministries have begun discussions on structural fixes to prevent a repeat of IndiGo fiasco and ways to better protect consumers
BUSINESS
India–Russia trade heavily skewed despite surge, rebalancing needed, says Piyush Goyal
Goyal highlighted vast untapped opportunities for Indian exporters in sectors such as automobiles, electronics, heavy machinery, textiles and food products, as both sides work to reduce trade barriers and expand business opportunities.
BUSINESS
Government turns to domain experts as probe into Ola, Uber fare algorithm drags
The official added that while the government is convinced 'there are lapses', any quasi-judicial action must be backed by 'robust technical findings'
BUSINESS
Putin's India visit spotlights trade, rupee-ruble payments, and crude oil deals
The visit comes amid a fall in India’s Russian crude oil purchases and ongoing efforts to settle trade in local currencies, alongside talks on energy cooperation and boosting bilateral commerce.
BUSINESS
Piyush Goyal urges Indian industry to urgently reassess supply chains, boost manufacturing amid trade curbs
Goyal said he agrees on the need to accelerate manufacturing growth, aiming to raise it from the current 9 percent to around 12.5 percent, terming it as an achievable target.
BUSINESS
FY27 Budget may propose stricter cyber rules as online frauds surge
A stronger framework to counter scams, such as digital arrests, may be in the offing amid a rise in online fraud driven by the emergence of artificial intelligence.
BUSINESS
Indian CEOs, exporters set to meet Russian delegation during Putin’s Delhi visit
The engagement could take the form of a roadshow or an exhibition featuring select exporters on December 4, and the next day will include meetings between 75 Indian business leaders and a similar number of Russian executives, sources say.
BUSINESS
India aims to wrap up EU FTA by early 2026, says Commerce Secretary Rajesh Agarwal
Agarwal said the final phase of negotiations effectively begun over the past two to three months, with regular engagement at all levels, including ministerial.
BUSINESS
'Optimistic of finding a solution this year,' says Commerce Secy on first tranche of India-US trade deal
It is only a matter of time when this decision has to be taken when the two countries have to find the right landing zone to announce the first tranche of the deal, says Commerce Secretary Rajesh Agarwal
BUSINESS
India in active FTA discussions with US, talks with Canada kick off next week, says Piyush Goyal
India is in talks with 14 countries or blocs on free trade agreements, the commerce minister has said
BUSINESS
‘Everybody is waiting for RBI’: Piyush Goyal hints at room for rate cut as inflation hits series low
The commerce minister also urges the industry to bank on self-reliance at a time when 'trade is being weaponised'
BUSINESS
How tariffs are eating into export gains from a weak rupee
This year, steep US tariffs are offsetting the benefit of an undervalued rupee
BUSINESS
GST complaints ‘nearly negligible’; faster case redressal recovers Rs 14 crore, says Consumer Affairs Secy Khare
In an exclusive interview with Moneycontrol, Khare detailed the government’s push to curb manipulative online practices, strengthen enforcement bodies and speed up consumer complaint resolution.
BUSINESS
EPF Act remains operational despite being repealed in new labour laws - Here's why
The Code on Social Security under Section 164 (3) repeals the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, or the EPF Act, but this clause has not been notified yet.
BUSINESS
Govt may weigh action as Amazon delays dark-pattern declaration
Authorities will continue monitoring grievance channels such as the national consumer helpline. If complaints pour in, punitive action could follow.
BUSINESS
Labour Codes notified: Govt to form panel to fix national floor wage, frame rules in next 45 days
The ‘national floor level minimum wage’, will be fixed by the Centre, under the Code of Wages, and will act as benchmark for states' minimum wages
