The proposal seeks to open up export quality and compliance certification to private players to reduce clearance timelines at ports from about 10 days to three
A Rajiv Gauba-led committee has recommended easier domestic market access for SEZs, with suggestions to reduce duty distortions to enable smoother sourcing and sales
India–EU FTA represents the scaffolding for India’s next industrial leap. It offers the regulatory foundation, external confidence, and investment pipeline needed for Indian industry to move up the value chain and integrate more deeply with the world’s most advanced markets
Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani said he hopes the FTA could be concluded in the first six months of 2026, though he clarified that he is not directly responsible for trade negotiations.
Goyal acknowledged that some pending issues still need to be ironed out to conclude India-EU FTA talks
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
Carbon tax and market access for automobiles and steel, rules of origin, and barriers in services are the remaining sticking points, officials have said
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.
Electronics, speciality chemicals and machinery components offset part of the decline even as labour-intensive sectors struggle
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.
Rupee weakness isn’t a concern for exporters, but October’s wider trade gap was driven by a spike in precious metals imports, said Commerce Secretary Rajesh Agrawal.
India is also eyeing a trade pact with Africa’s oldest customs union - SACU - to expand market access and diversify export routes.
On special economic zones (SEZs), Union commerce and industry minister Piyush Goyal said inter-ministerial discussions are "going on very actively" to make the units in these zones competitive. Surplus capacity in SEZs can be used to reduce imports from countries such as China and ASEAN, he said.
The reset marks a shift from strained political ties to renewed economic cooperation, with both sides eyeing deeper trade, technology and energy partnerships.
The recently enacted labour codes will provide substantial benefits to unorganised workers and gig workers, said Union minister for commerce and industry Piyush Goyal. He said these workers previously had to navigate numerous forms, inspections and complex regulations, whereas the new framework simplifies processes and ensures access to proper facilities, social security and better working conditions.
Goyal says “good news” on an India–US trade deal will come once the agreement is fair and balanced, saying ties remain strong and strategic despite differing paces across issues.
The scheme shall be implemented by DFS through National Credit Guarantee Trustee Company Ltd to provide additional credit support by MLIs to the eligible exporters including MSMEs
The Union Cabinet also expanded the Credit Guarantee Scheme for Exporters with an additional support of Rs 20,000 crore
India’s long-standing economic and strategic relations with Southeast Asian countries has been tested by the region's increasing dependency on China. That should not blind policy makers to the potential trade with ASEAN offers
The Centre is unlikely to issue any new QCOs while the review is underway, which also aims to ease the regulatory burden on MSMEs, who face higher costs and sourcing difficulties due to existing orders being heavily focused on raw materials.
India and Peru agreed to hold intersessional meetings to address pending issues ahead of the next round of negotiations to be held in New Delhi in January
Currently, the preferential trade agreement (PTA) with the Mercosur trade bloc covers about 450 tariff lines. Talks are on to expand the PTA further to cover more items across agriculture, industrial goods, pharmaceuticals, and textiles, government officials told Moneycontrol.
From strengthening India-UK business relations to the anti- immigrant protests in London, Deputy Mayor ( Business) Howard Dawber discusses the future of India-UK relations
Speaking to business delegates in Mumbai, British PM Keir Starmer said he wants the India-UK free trade agreement (FTA) implemented “as soon as humanly possible."
Trade pacts will create new markets that could lift growth, World Bank's chief economist for South Asia Franziska Ohnsorge tells Moneycontrol