Category : Trade & Export


US Tariffs to Drop to 18% for India, Trade Deal by Mid-March

Commerce Minister Piyush Goyal announces US tariffs on Indian goods will fall to 18% via executive order within 4-5 days. India commits to $500 billion US imports over 5 years, with formal trade agreement signing targeted for mid-March.

India-GCC Sign ToR to Resume FTA Talks After 16-Year Gap

India and the Gulf Cooperation Council have signed terms of reference to restart free trade agreement negotiations after a 16-year pause. The deal aims to boost bilateral trade, diversify energy sources, and benefit millions of Indian expatriates.

India-US Trade Deal Safeguards Farmers: Chouhan

Union Minister Shivraj Singh Chouhan has affirmed that the India-US trade agreement includes robust safeguards to protect the interests of Indian farmers, ensuring their livelihoods are not compromised.

Oil Prices Fall as US-Iran Talks Ease Supply Fears

International oil prices fell nearly 1% on Thursday after US-Iran negotiation talks were announced, easing fears of military conflict. Brent crude dropped to $68.47, while MCX crude in India declined 2% to ₹5,700.

Pune Crash Spurs Private Aviation Safety Queries

Following the fatal Baramati crash involving Maharashtra deputy CM Ajit Pawar, private aviation companies report unprecedented client queries about aircraft safety, pilot credentials, and emergency protocols.

India-China Trade Hits $155.6B Record in 2025

India-China bilateral trade surged to a record $155.6 billion in 2025, growing 12% despite widening trade deficit. Analysis explores if US tariff policies could reshape global trade dynamics in India's favor.

Kremlin Rejects Trump's India-Russia Oil Claims

Russia dismisses Trump's claims that India agreed to halt Russian oil purchases, stating India's energy diversification is longstanding. Experts note technical and volume challenges in replacing Russian crude.

Surat Gets 3 New Flights, Mumbai Route Returns After 4 Years

Surat's air connectivity is set for a major boost with three new flights launching in summer schedule. The routes include Noida (Jewar), Navi Mumbai, and Mumbai International Airport, marking the return of Mumbai service after nearly four years.

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