India's Trade Pacts with EU, US Expected in Months: Goyal
India is likely to sign trade agreements with the European Union and the United States within the next few months, said Commerce and Industry Minister Piyush Goyal.
Category : Trade & Export
India-NZ FTA: Goyal, McKlay Hail New Chapter in Ties
India and New Zealand have signed a comprehensive FTA, hailed by ministers Goyal and McKlay as a new chapter in bilateral economic relations, boosting trade and investment.
India-NZ FTA to Boost Agra Leather: Goyal
Commerce Minister Piyush Goyal announced that the India-New Zealand free trade agreement, signed Monday, will provide duty-free access and boost exports, especially for Agra's leather industry.
India-NZ FTA to Boost Agra Leather Industry, Jobs: Goyal
Union Minister Piyush Goyal announced that the India-New Zealand FTA will expand Agra's industries, especially leather, and create jobs. He also revealed plans for 100 new industrial parks.
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Piyush Goyal Launches Agra Footwear Campaign Ahead of FTA
Union Minister Piyush Goyal unveiled the 'Agra World Capital of Footwear' campaign to boost exports, as India and New Zealand prepare for a free trade agreement.
India, New Zealand to Sign FTA on Monday
India and New Zealand will sign a free trade agreement on Monday, aiming to boost bilateral trade to $5 billion. Key benefits include duty-free access for Indian exports, visa pathways for professionals, and New Zealand investment commitments.
70% Indian Goods Duty-Free in New Zealand Under FTA: Goyal
India and New Zealand sign FTA allowing 70% of Indian goods duty-free entry, boosting MSMEs. Piyush Goyal highlights benefits for small exporters.
Textile Garment Exports Fall 2.2% in 2025-26: GTRI
India's textile and garment exports fell by 2.2% in the 2025-26 fiscal year, attributed to global demand slowdown and trade uncertainties, according to GTRI.
India Peak Power Record 252 GW Amid Heatwave
India's peak power demand reached a record 252 GW on Friday due to soaring temperatures, surpassing the previous high of 243 GW in September 2023.
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Punjab wheat arrivals hit 72% as procurement crosses 83 lakh MT
Nearly 72% of estimated wheat has arrived in Punjab's purchase centers, with 87.89 lakh MT of 122 lakh MT target reached. Procurement stands at 83.94 lakh MT, but lifting lags at 29%.
Goa FIR Over Illegal Mineral Extraction Worth Rs 12 Lakh
Cuncolim police in Goa have registered an FIR against unknown persons for illegally extracting minerals from agricultural land in Naquerim, Betul, causing a loss of Rs 12 lakh to the state government.
Odisha Rail JV Starts DPR for Gopalpur-Rayagada Line
ORIDL starts preparing DPR for 258-km Gopalpur-Rayagada railway line, while revised DPR for Gopalpur-Sambalpur line is under scrutiny, linking Kandhamal district for the first time.
Onion price crash in North Karnataka pushes farmers into crisis
A steep fall in onion prices across North Karnataka has pushed growers into financial distress, even as consumers enjoy cheaper rates due to reduced hotel demand and increased arrivals from Maharashtra.
India-US Met Coal Trade Won't Shield Steel Sector From Price Shocks
A new report finds that India-US metallurgical coal trade is unlikely to protect the steel industry from price volatility and supply disruptions due to global linkages, high freight, and technical constraints.
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Ernakulam road construction crisis as bitumen prices surge 40%
Ernakulam faces a road construction standstill due to a 40% surge in bitumen prices, labour shortages, and extreme heat, threatening pre-monsoon repairs.
UP Govt Relaxes Wheat Quality Norms for Rabi Season 2026-27
Uttar Pradesh government relaxes wheat procurement quality norms for 2026-27 rabi season, allowing higher lustre loss and shrivelled grains to prevent distress sales.
CCL Police Seize 16 Motorcycles in Coal Smuggling Raid
In an early morning raid, CCL and local police seized 16 motorcycles used by coal smugglers inside Kabriabad mines in Giridih. The smugglers escaped, but vehicles may help identify culprits.
CIDCO Plans 374-Hectare Integrated Logistics Park in Navi Mumbai
CIDCO invites EOI for first phase of 374-hectare Integrated Logistics Park in Navi Mumbai, near Chirle village. The project aims to boost logistics with proximity to JNPA, airport, and major connectivity links.
India-South Korea Trade Stagnant at $25-28 Billion
India-South Korea bilateral trade remains range-bound at $25-28 billion, far from the $50 billion target, despite ongoing negotiations and efforts to boost economic ties.
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Dubai's $9B Metro Gold Line: Largest Transport Project Unveiled
Dubai announces a Dh34 billion ($9 billion) Metro Gold Line, a 42km underground project connecting 15 key areas. Expected to serve 1.5 million residents and boost public transport by 25%.
Condom Price Surge Sparks Stockpiling Fears in China
A viral warning about rising condom prices in China has triggered stockpiling discussions, linked to the Iran crisis impacting global supply chains and daily life.
US Envoy: India 'Tough Nut to Crack' in Trade Talks
US negotiators have wrapped up another round of trade discussions with India, with the American envoy describing India as a 'tough nut to crack' on key issues like DDGs.
India Launches Special Vessel Service to West Asia for Exporters
The Commerce Department is collaborating with SCI and other agencies to operate special vessels to West Asia, aiming to cut freight rates by nearly half for Indian exporters, particularly for agricultural goods like onions, bananas, rice, and tea.
Nagpur Cab Strike Ends After Action on Illegal Bike Rides
The week-long strike by app-based cab drivers at Nagpur airport ended after the district collector promised action against aggregators violating MV Act with bike services.
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India's Textile Exports Grow 21% in Q1
India's textile and apparel exports have increased by 21% in the first quarter of the current fiscal year, driven by robust demand from key markets like the US and EU, with apparel exports rising 18% and cotton textiles up 25%.
Alliance Air Resumes Indore Flights, Adds Jalgaon Route
Alliance Air announces resumption of Indore operations from May 2 with new direct Jalgaon flight and Delhi service restart. Flights operate three days weekly, enhancing regional connectivity.
Punjab CM Announces Basmati Excellence Centre with Dutch Collaboration
Punjab Chief Minister Bhagwant Mann announced a Centre of Excellence for Basmati in collaboration with LT Foods during his Netherlands visit, focusing on sustainable farming and crop diversification to meet international standards.
India Imports 2.5M Tons Urea at Double Price, Strains Supply
India is set to import a record 2.5 million tons of urea, paying nearly double the price from two months ago. This move tightens global supply and pushes prices higher, already impacted by Middle East conflict.
New Railway Line for Adani, Vedanta Bauxite Mines in Odisha
The Centre has approved a 55-km broad-gauge railway line connecting Tikiri station to Kutrumali and Sijimali bauxite mines, owned by Adani and Vedanta groups, amid local protests and environmental concerns.
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Fly91 Flight Delayed Over Hour Due to Bad Weather in Hubballi
A Fly91 flight from Bengaluru to Hubballi with 21 passengers was held in the air for over an hour due to bad weather on Tuesday night, landing safely at 9:40 PM. Airport officials confirmed monsoon conditions caused the delay.
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