Putin: India-Russia Trade to Hit $100 Billion Soon
Russian President Putin expressed confidence that bilateral trade with India will reach $100 billion, highlighting cooperation in energy, investments, and strategic sectors.
Category : Trade & Export
Oil Prices Steady on US-Iran Deal Uncertainty
Oil prices saw minimal change on Friday as markets weighed the uncertainty surrounding a potential US-Iran peace deal, with West Texas Intermediate crude edging down 0.11%.
Gujarat Retains Top Spot as India’s Largest Exporting State
Gujarat leads India’s exports with $110.63 billion in 2025-26, accounting for 25.6% of the total, despite a 4.9% decline due to global headwinds and tariff challenges.
Banas Dairy MoU with NCEL to Boost Cooperative Exports
Banas Farmers, part of Banas Dairy, signed an MoU with NCEL to enhance export opportunities for cooperative products, benefiting farmers and livestock rearers across India.
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Power Cut in Coimbatore on June 6 for Maintenance Work
Electricity supply will be suspended in several areas under Ukkadam and Madukkarai substations in Coimbatore on Saturday, June 6, from 9 am to 4 pm for monthly maintenance.
Andhra CM Naidu to Join Union Ministers for Seafood Export Workshop
Chief Minister N Chandrababu Naidu will participate in a two-day national workshop on seafood exports in Visakhapatnam, featuring sessions on value addition, sustainability, and boosting global competitiveness.
India, US Reaffirm Commitment to Mutually Beneficial Trade Pact
Chief negotiators from India and the US concluded four-day talks in New Delhi, reaffirming their commitment to a mutually beneficial trade agreement.
Kolkata Joins National Water Metro Network, CM Adhikari Announces
Kolkata becomes the 18th city to join India's water metro project, with 44 new jetties planned. The modern battery-powered system will replace old ferries on Hooghly.
Railways Sets Record Transporting GI-Tagged Muzaffarpur Litchi
Indian Railways transported a record 228.41 quintals of GI-tagged Muzaffarpur litchi in a single day, with special arrangements to ensure speedy delivery to major markets across the country.
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Fuel Price Hike Shifts Freight from Road to Rail in Indore
Rising fuel prices due to West Asia conflict have shifted freight from road to rail in Indore, with 25% trucks parked and Ratlam division seeing 16.56% freight growth.
India to Finalise 2-3 FTAs in Six Months, 3-4 More in 2027
Commerce Minister Piyush Goyal announced India will implement 2-3 free trade agreements in six months and 3-4 more in 2027, with nine FTAs already finalised in the last three-and-a-half years.
UP to Get 2 New Highways Connecting 8 Districts by 2026
Uttar Pradesh will get two new highways linking Kanpur, Barabanki and other districts, boosting connectivity and economic growth. The project is expected to be completed by 2026.
Zojila Tunnel Linking J&K with Ladakh to Achieve Milestone
The Zojila tunnel, connecting Jammu & Kashmir with Ladakh, is set to achieve a major milestone on June 9, marking a significant step towards all-weather connectivity and regional development.
US proposes 12.5% tariff on India, China on forced labour
The US Trade Representative proposed a 12.5% tariff on exports from 54 countries, including India and China, citing failure to prohibit forced labour imports. India is engaging with the US on the matter.
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Indian Exporters Eye US Trade Deal for Edge Over Rivals
Indian exporters monitor US tariff probes and bilateral trade talks, hoping for advantage over rivals. Concerns over forced labor findings and China tariffs persist.
Maharashtra Revises Sand Extraction Policy for Eco-Friendly Mining
Maharashtra government revises sand extraction policy, fixing rates for eco-friendly sand from mining overburden to reduce riverbed pressure and curb illegal excavation.
Cabinet Approves Two Major Highway Projects in Telangana
Union Cabinet approves widening of NH-63 and NH-563 in Telangana at ₹7,597.16 crore, covering 190.76 km, to reduce travel time and boost connectivity.
South Western Railway Records Highest May Freight Loading
South Western Railway achieved its highest-ever May freight loading, with 2,275 wagons per day, up 3.7% from last year, setting a new record.
Cabinet Approves Highway Projects in Odisha, MP, Bihar, Telangana
The Union Cabinet has approved new highway projects in Odisha, Madhya Pradesh, Bihar, and Telangana, aiming to improve connectivity, reduce travel time, and boost economic development.
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Cabinet Approves Rs 26,000 Crore Highway Projects
The Cabinet Committee on Economic Affairs has approved highway projects worth Rs 26,000 crore, including upgradation of NH-31 and NH-231 in Bihar on BOT mode.
India's tyre exports hit all-time high of Rs 27,312 crore
India's tyre exports reached an all-time high of Rs 27,312 crore in FY 2025-26, growing 9% for the second consecutive year despite global economic uncertainty and supply chain disruptions.
US proposes 12.5% tariff on India over forced labour imports
The US has proposed a 12.5% tariff on India and other nations after a USTR investigation found failure to enforce bans on forced labour imports. India says the tariff is not final and stakeholders can comment.
Blue Economy Becomes Powerful Engine as Seafood Exports Grow
Union Minister Piyush Goyal says India's Blue Economy is emerging as a powerful economic engine, with seafood exports rising 145% since FY 2013-14 to a record Rs 73,890 crore in FY 2025-26.
Sand Mafia Attacks Officials in Odisha Raid, 3 Injured
A mining official and two police personnel were injured after sand mining mafia members attacked them during a raid on illegal sand transportation in Sundargarh district, Odisha. Six vehicles were seized, but five were forcibly taken back by the attackers
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India-US Trade Deal Nears Finalisation: US Envoy
US envoy Sergio Gor says India and US are close to finalising an interim trade deal, with only minor issues left. A US delegation is in New Delhi for talks.
India-US Trade Agreement 99% Complete: US Envoy
US Ambassador Sergio Gor announced the India-US trade agreement is 99% finalized, with only technical legal phrasing and timelines remaining. He praised India's negotiators and highlighted strong ties between Trump and Modi.
US Proposes New Tariffs on India Under Section 301 Probe
The US has proposed additional tariffs on India under a Section 301 probe, potentially impacting exports. India is engaged in trade deal talks with the US to address the issue.
US Proposes Tariffs on India Over Forced Labour Import Concerns
The USTR has proposed additional tariffs of 10-12.5% on imports from India and 53 other economies for failing to enforce forced labour import bans, complicating ongoing BTA talks.
Delhi-Bihar Travel to Get Faster: New Expressway Link
A new expressway link will bypass Lucknow traffic, cutting travel time between Delhi and Bihar significantly. The project is expected to be completed by 2026.
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USTR Names India Among 54 Nations with Unfair Trade Practices
The USTR has named India among 54 economies with inadequate measures against forced labor imports, proposing additional tariffs of 10-12.5% amid ongoing bilateral trade talks.
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