Goyal on India-US Trade Deal & Trump's Russian Oil Claims
Commerce Minister Piyush Goyal asserts the India-US trade agreement protects sovereignty and boosts key sectors, while addressing energy diversification amid Trump's oil trade criticisms.
Category : Trade & Export
India Allows 5 Lakh Tonne US DDGS Import Under Trade Deal
India permits duty concession on 5 lakh tonnes of dried distillers' grains from the US, equivalent to just 1% of domestic animal feed consumption, to supplement supply and stabilize prices.
Goyal on Russian Oil: Trade Deal Focuses on Market Access, Not Imports
Commerce Minister Piyush Goyal stated the India-US trade agreement does not address Russian oil imports, emphasizing preferential market access. Indian refiners are reportedly avoiding Russian oil, potentially aiding trade talks.
India Denies Farm Concessions in US Trade Talks
Commerce Minister Piyush Goyal refutes rumors of agricultural giveaways to the US, emphasizing India's commitment to protecting farmers and fish exports in trade negotiations.
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India's Trade Surge: Confidence Fuels Record Export Sprint
India's trade sector has experienced a remarkable surge, driven by renewed confidence and strategic initiatives, leading to a record-breaking export sprint that is reshaping the global economic landscape.
Goyal Calls India-US Trade Deal Allegations 'Absolute Nonsense'
Union Minister Piyush Goyal has strongly refuted opposition allegations regarding a secret India-US trade deal, labeling them as 'absolute nonsense' and reaffirming the government's commitment to transparent negotiations.
Goyal: India on Same Footing as Others on US Tariffs
Commerce Minister Piyush Goyal stated that India is not facing confusion and is on equal footing with other countries regarding US tariffs on steel, copper, and aluminium, emphasizing ongoing trade discussions.
India Seeks $80-100B Aviation Imports in US Trade Deal
Commerce Minister Piyush Goyal announced India will require $80-100 billion in civil aviation products under the India-US interim trade agreement, highlighting opportunities for American manufacturers.
US Tariff Cut Gives Major Lift to Indian Auto Parts Exports
The India-US trade deal slashes tariffs on automotive components from 50% to 0-18%, providing a significant export boost while US import costs remain elevated compared to last year.
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India's $500B US Trade Pledge & RSS Chief on Politics
Commerce Minister Piyush Goyal commits to $500 billion in US imports over five years, while RSS chief Mohan Bhagwat addresses caste politics and Savarkar's legacy in a significant evening briefing.
India Resumes $150M Glass Exports to US Under Trade Deal
India is set to restart its $150 million glass export business to the United States following a new trade agreement, as announced by Borosil Chairman Pradeep Kheruka, boosting bilateral trade ties.
India-US Trade to Surpass $500 Billion, Says Goyal
Commerce Minister Piyush Goyal announced that India's trade with the US is set to exceed $500 billion, driven by strong economic ties and strategic partnerships.
India-Malaysia Boost Trade with Local Currency Settlement
During PM Modi's visit to Malaysia, both nations agreed to promote bilateral trade in Indian Rupee and Malaysian Ringgit, while expanding cooperation in digital economy, defense, and energy sectors.
Tiruppur Garment Exports to US to Double in 3 Years
Garment exporters in Tamil Nadu's Tiruppur expect shipments to the US to double to Rs 30,000 crore and create 5 lakh new jobs following the India-US trade framework agreement.
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India's US Trade Edge, Japan Elections, and Key News Stories
Commerce Minister Piyush Goyal highlights India's competitive advantage in US markets. Two arrests made after a fatal swing collapse at Surajkund Mela. ICC and PCB near decision on India-Pakistan T20 World Cup match. Japan's LDP projected for big win in s
India Gains Edge in US Market with 18% Tariff Cut
Commerce Minister Piyush Goyal announced a tariff reduction to 18% for Indian goods in the US market, boosting competitiveness against China and other nations in key sectors like textiles and gems.
Musk's Boring Co to Build ₹5,000 Cr Dubai Loop Tunnel
Dubai's RTA partners with Elon Musk's Boring Company for a 22km underground highway project costing ₹5,000 crore, aiming to transform Middle East mobility with 30,000 daily passenger capacity.
India-US Trade: Industry Awaits Soybean Oil, Feed Tariff Cuts
Indian industry stakeholders are closely monitoring ongoing trade negotiations with the United States, specifically seeking clarity on potential tariff reductions for soybean oil and animal feed imports, which currently face significant duties.
India-US Trade Deal: Tariffs Cut to 18%, Energy Strings Attached
The newly signed India-US trade agreement reduces India's tariff burden from 50% to 18%, offering relief but requiring New Delhi to meet Washington's expectations on energy sourcing, including potential shifts from Russian to Venezuelan oil.
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India's $500B US Import Target 'Very Conservative': Goyal
Commerce Minister Piyush Goyal says India's $500 billion US import plan over five years is 'very conservative', with total imports projected to hit $2 trillion, driven by aviation, energy, and tech sectors.
Goyal: India-US Trade Deal to Have Strong Safeguards
Commerce Minister Piyush Goyal highlights India's cautious approach, citing the extensive documentation process for the India-EU trade deal as a model for ensuring national interests are protected in negotiations with the United States.
India-EU Trade Deal: Agri-Export Prospects and Challenges
The landmark India-EU Free Trade Agreement includes agriculture, opening doors for exports like marine products and spices. However, stringent EU standards on food safety, labor, and environment pose significant non-tariff barriers that Indian farmers mus
Goyal on FTA Talks: Counterparts Became Like Family
Union Minister Piyush Goyal discusses the intense trade negotiations that led to eight FTAs, including deals with the UK, EU, and Australia, and a key US tariff reduction agreement.
Vande Bharat Trains for Bengaluru-Coastal Karnataka Route
Two new Vande Bharat trains will soon operate between Bengaluru and coastal Karnataka, with one extending to Karwar. The Hassan-Mangaluru ghat section is now fully electrified, and Karnataka's rail projects have received increased funding.
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India to Buy $500 Billion US Goods in 5 Years: Piyush Goyal
Commerce Minister Piyush Goyal announced India's plan to purchase $500 billion worth of goods from the US over the next five years, shifting imports from other countries.
India-US Trade Deal Unlocks $118B US Textile Market
A new India-US trade agreement grants Indian textile exporters access to the $118 billion American market, boosting bilateral trade and creating jobs in India's manufacturing sector.
Goyal: India-US Trade Talks Forge Family-Like Ties
Commerce Minister Piyush Goyal describes the behind-the-scenes camaraderie in India-US trade discussions, highlighting strengthened bilateral relations and mutual trust.
India-US Trade Deal: Zero Duty on Large US Bikes, Car Tariff Cuts
India and the US advance an interim trade agreement, eliminating import duties on large American motorcycles and reducing tariffs on high-end US cars, while excluding electric vehicles.
India Negotiates Trade Deals from Strength, Says Goyal
Commerce Minister Piyush Goyal asserts India's strong position in global trade negotiations, citing economic growth and strategic confidence.
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Can China's Comac Break the Airbus-Boeing Duopoly?
China's state-owned Comac is expanding exports of its C909 and C919 jets to Southeast Asia, but faces supply chain issues, trade wars, and certification hurdles in challenging Airbus and Boeing's global dominance.
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