April 28, 2026
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US top trading partner of India for fourth straight year in FY25; trade gap with China widens to $99.2 billion

April 17, 2025 Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at Rs 11,29,150 crore ($131.84 billion), while the country’s trade deficit with China

India’s US-bound exports in March up 35% as exporters frontloaded shipments to beat reciprocal duties

April 17, 2025 EXPORT, COMMERCE, Economy, Finance, Global Trade, Shipping, Trade, Trending News
NEW DELHI : Indian Exporters rushed to beat the reciprocal tariffs expected to come into effect on April 2, pushing goods worth over $10 billion to the US last month alone — a sharp

Trump’s tariffs threaten over $350 million of exports, force Indian MSMEs to de-risk from US

April 17, 2025 EXPORT, Business, COMMERCE, Economy, Finance, Global Trade, MSME, Trade, Trending News
NEW DELHI : India’s MSME exporters are scouring for other destinations as US President Donald Trump’s tariffs threaten the margins of smaller players who have already spent the better part of FY25 grappling with the after-effects

China now faces up to 245% tariffs from US : White House

April 17, 2025 Trade, Economy, Finance, Global Trade, Trending News
WASHINGTON D.C. : China’s retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States, according to a fact sheet released by the White House. Prior to

WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

April 17, 2025 Export - Import, Business, COMMERCE, Economy, Finance, Global Trade, Trending News
GENEVA : The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff”

Cargo traffic on National Waterways hits record high of 145.5 million tonnes in FY 2024-25

April 16, 2025 Shipping, Economy, Finance, Global Trade, Inland Shipping, Inland Waterways, Trending News
NEW DELHI : The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways reached a significant milestone in cargo movement on National Waterways. For the fiscal year 2024-25, IWAI

India hopeful of closing bilateral trade pact with the US at the earliest

April 16, 2025 Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : India remains hopeful of closing negotiations of the proposed bilateral trade agreement with the US “as quickly as possible” and is stepping up efforts to close free trade agreements with other

Indian Railways gears up to run trains at 160 km/h on Ahmedabad–Mumbai Route

April 16, 2025 Railway, Economy, Finance, Global Trade, Infrastructure, Transport, Trending News
NEW DELHI : Currently, the maximum speed of trains running on the Ahmedabad–Mumbai route is 130 km/h. However, this is set to change soon, as Indian Railways is advancing its infrastructure upgrade work to

Industry stakeholders should embrace sustainability and set Global Benchmarks : Piyush Goyal

April 15, 2025 Export - Import, COMMERCE, Finance, Global Trade, Trending News
NEW DELHI : Union Minister of Commerce & Industry, Shri Piyush Goyal addressed the CAPEXIL’s Vibrant Buildcon 2025 here. He asked industry stakeholders to adopt best practices in sustainability, reduce import dependency, focus on

US tightening on Chinese goods opens huge export window for Indian E-Commerce sellers : GTRI

April 15, 2025 Trade, COMMERCE, Economy, EXPORT, Finance, Global Trade, Trending News
NEW DELHI : The US tightening of low-value E-Commerce shipments from China has opened up huge opportunities for Indian online exporters, as they can fill the gap if the red tape is eased and
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