Goyal in Brussels for final India-EU FTA talks
Commerce Minister Piyush Goyal travels to Brussels for high-stakes talks on the India-EU Free Trade Agreement. Get the latest updates on the final phase of negotiations.
Category : Trade & Export
Bajaj Auto says Venezuela exports less than 1% of total
Bajaj Auto clarifies its Venezuela exports are minimal after US captures President Maduro. Exports surged 19% in FY26. TVS Motor has no major presence there. Read the full impact analysis.
India Surpasses China as World's Largest Rice Producer
India has overtaken China to become the world's largest rice producer, with a record output of 150.18 million tonnes. Union Minister Shivraj Singh Chouhan announced this milestone while releasing 184 new climate-resilient crop varieties. Read more about I
India Sees Negligible Impact from US-Venezuela Conflict
US strikes on Venezuela won't hurt India's economy, says GTRI. Trade has collapsed. India may gain $1bn in dues and revive oil fields under US control. Read the full analysis.
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India probes dumping of nylon chips from China, Russia
India initiates anti-dumping investigation into nylon-6 chip imports from China & Russia after domestic firms allege injury. Probe examines price suppression & market share loss.
Venezuela Oil Restructuring: India May Recover $1B, Restart Imports
A US-led overhaul of Venezuela's oil sector could help India recover nearly $1 billion in pending dues and restart crucial heavy crude imports, analysts say. Explore the strategic gains for Indian energy security.
5 Customs Reforms to Boost India's Global Trade Competitiveness
As global trade faces headwinds, experts propose five specific reforms for India's customs system to enhance exports and integrate into supply chains. Read the detailed analysis.
India's Minimal Exposure to Venezuela Oil Crisis Explained
As US moves to control Venezuela's vast oil reserves, India remains insulated due to low trade, diversified sourcing, and sanctions. GTRI report details why impact on India is limited. Read the full analysis.
India Shielded from Venezuela Crisis Impact: GTRI
GTRI analysis reveals India's minimal trade with Venezuela insulates its economy from the ongoing crisis. Read how strategic autonomy and reduced oil imports protect India's energy security.
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Venezuela Oil Shift May Bring India $1B, Boost Crude Supply
A US-led restructuring of Venezuela's oil sector could unlock nearly $1 billion in pending dues for India's ONGC Videsh and revive its stalled production. This offers India a key opportunity to diversify its crude imports and secure energy supplies.
Venezuela's Oil Shift: Winners & Losers After Maduro
The capture of Venezuela's Maduro reshapes global oil flows. U.S. Gulf Coast refiners stand to gain from renewed heavy crude access, while Canadian producers face long-term competition. Full analysis inside.
US Targets Venezuela Oil, But Major Hurdles Remain
Following the dramatic capture of Venezuela's President Maduro, US President Trump aims to tap its vast oil reserves. However, analysts warn of massive challenges, from crumbling infrastructure to political instability, that will delay any quick productio
Venezuela Oil Reserves: Why Production Won't Rise Soon After US Action
Experts explain why the US bombing in Venezuela and plans to tap its vast oil reserves are unlikely to lead to higher crude production or prices in the near term. Read the full analysis.
Tea Board SOP to Curb Unauthorised Nepal Tea Imports
India's Tea Board will implement a strict SOP within two weeks to stop inferior, cheap tea from Nepal, safeguarding Darjeeling's industry. A ₹1,500 crore scheme is also announced. Read more.
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EU Carbon Tax from Jan 1: India's Exports Face 25% Price Burden
EU's new carbon border tax (CBAM) effective Jan 1 shifts decarbonisation costs to developing nations like India. CSE analysis warns of 25% price burden on steel, aluminium exports. Read more.
Venezuela, Iran Actions May Worsen 2026 Oil Glut
Geopolitical shifts in Venezuela and Iran could add to a projected 1.5-2 million barrel per day oil surplus in 2026, pressuring crude prices. Analysts warn scarcity fears are fading.
Turkey's $2.6B HURJET Deal with Spain Marks Defence Milestone
Turkey's landmark deal to supply 30 HURJET aircraft to Spain, worth €2.6B, cements its role as a global defence exporter. Read how this partnership reshapes aerospace ties.
Govt Plans EV Roadside Rescue Hubs on Expressways
India plans EV command centres on highways for roadside aid & charging. Delhi-Mumbai Expressway to be first. PPP model aims to boost long-distance EV travel.
Tomato prices surge 150% in Mysuru, hit Rs 80/kg
Tomato prices in Mysuru & Chamarajanagar skyrocket 150% in 40 days, hitting Rs 80/kg. Crop damage from heavy rain & cold weather slashes supply by 50%, hitting consumers but aiding farmers.
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Oil Market to Absorb Maduro Shock Amid Record Supplies
Despite the dramatic capture of Venezuela's Maduro, analysts predict minimal oil price impact due to a record global supply surplus. Key facilities remain operational. Read the full analysis.
US Strikes on Venezuela: Minimal Oil, India Impact
US military action in Venezuela sparks oil market watch, but disruptions are limited due to existing sanctions. India's oil trade and investments remain largely insulated from the fallout. Read the full analysis.
Vande Bharat Sleeper Train Revealed for Kolkata-Guwahati Route
India's first Vande Bharat sleeper train, set for Kolkata-Guwahati route, promises 160 kmph overnight travel with aircraft-style amenities. High-speed trials hit 180 kmph. Read more.
IREF Demands Fiscal Measures in Budget 2026 for Rice Exports
Indian Rice Exporters Federation urges govt for fiscal support in Union Budget 2026 to tackle ecological stress, boost competitiveness, and sustain India's 40% global rice trade share. Read key demands.
Sindhudurg Airport Approved for 24x7 All-Weather Operations
DGCA approves 24/7 all-weather ops for Sindhudurg Airport, enhancing Konkan's connectivity & tourism. Read how this boosts regional growth.
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Air India Warned by Canada After Pilot Found Tipsy
Transport Canada threatens to revoke Air India's flight authorisation following a pilot alcohol incident in Vancouver. Read the full story and potential consequences.
New Rs 5,181 Cr Interest Subsidy Scheme for MSME Exporters Launched
The Commerce Department launches a major dual-scheme initiative to boost MSME exports. Get details on the new interest subsidy and loan guarantee corpus designed to ease credit access.
India Seeks Russian Market Access for Goods Amid Trade Deficit
India is negotiating with Russia to lower trade barriers for electronics, engineering goods, and food to utilize over $50 billion in rupee balances. Learn about the key challenges and high-level talks.
Russian oil discount to India jumps to $8 a barrel
Russian crude suppliers now offer Indian refiners discounts up to $8 per barrel, doubling since October. This could lower India's import bill as global oil prices hover around $60. Read more.
Vande Bharat Stops for 1 Hour After Bird Strike
A Vande Bharat Express train was halted for nearly an hour near Bengaluru after a bird strike damaged its power supply. The incident occurred on Friday afternoon. Read the full details here.
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Oil Steady at $61 as Supply Surplus Offsets OPEC Risks
Oil markets opened 2026 cautiously as a forecast 3.8 million barrel daily surplus counters Middle East tensions. Key OPEC meeting set for Jan 4. Read the full analysis.
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