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COMMERCE MINISTRY
India coffee output to miss forecast after below-normal rainsIndia's Coffee Board has adjusted its coffee production outlook for the fiscal year concluding in March due to insufficient monsoon rains. ...
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore supportThe Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative sup...
Piyush Goyal sets March 2027 deadline for digitisation of DGFT services, aims to end physical visitsCommerce Minister Piyush Goyal has set March 31, 2027, as the deadline for complete digitisation of DGFT services, including licence, permi...
Govt moves to resolve Scotch tariff dispute under UK trade pact, sources sayIndia has assured industry executives that it will honor the trade pact with Britain regarding Scotch whisky tariffs. Ongoing investigation...
India, EU discuss FTA implementation ahead of December signingIn an effort to advance their free trade agreement, India and the European Union held pivotal discussions led by Commerce Secretary Rajesh ...
India, EU discuss FTA implementation, customs cooperation and market access in BrusselsIndia and the European Union engaged in discussions regarding the implementation of their Free Trade Agreement. Commerce Secretary Rajesh A...
Jammu Airport initiates consultations for commencement of international flightsJammu Airport has commenced discussions with various stakeholders to assess the feasibility of international flights. A planning meeting in...
CDSL Q2 results: Net profit jumps 24% YoY to Rs 173 crore, revenue up 24%CDSL reported a 24% year-on-year rise in Q2 net profit to Rs 173 crore, while revenue grew 23.7% to Rs 395 crore. EBITDA margin expanded to...
Commerce ministry sets up committee for better utilisation of RELIEF initiative for exportersThe commerce ministry has established a six-member committee to enhance the RELIEF initiative for exporters. This initiative aims to mitiga...
Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...
UPI payments expanded to online bookings at tourist attractions in UAE, SingaporeIndian travellers can now use UPI apps to book tickets online for major attractions in the UAE and Singapore, including Burj Khalifa's At t...
TRAI releases draft guidelines on responsible AI use in telecom networks, servicesTRAI has released draft guidelines for the responsible deployment of artificial intelligence across telecom networks and services, inviting...
India, Mexico sign terms of reference to kickstart trade pact negotiationsIndia and Mexico have signed the Terms of Reference to initiate negotiations on a Preferential Trade Agreement. This agreement aims to enha...
India considers measures to boost local production of 100 critical inputs to cut import reliance, government official saysIndia is taking steps to encourage the local manufacturing of 100 key items that are currently imported. This initiative aims to decrease d...
DPIIT advances trust-based governance to ease business regulations across IndiaThe government has cut 47,957 compliance requirements across Central ministries and states to ease business operations, including 22,290 di...
India-Russia trade grew by 20 per cent this year: Russian State Duma ChairmanIndia imported $44.9 billion of Russian goods during the period, including $36 billion in crude oil. Indian exports to Russia totaled $2.8 ...
India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush GoyalIndia and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal...
Pakistan reopens Iran border crossing after week-long suspension of tradeThe Gabd-Rimdan border crossing between Pakistan and Iran is back in action, after being closed for a week. This suspension had a significa...
China urges United States to halt proposed expansion of outbound investment curbsChina's commerce ministry has called on the United States to stop expanding investment restrictions related to sensitive technologies. Thes...
Commerce ministry organising FTA outreach initiatives to help states unlock export potential: Piyush GoyalIn a significant announcement, Commerce and Industry Minister Piyush Goyal introduced plans designed to optimize the use of free trade agre...