Textiles Ministry identifies 4,000 startups for export growth support

The textiles ministry has identified over 4,000 textile-based startups for support to scale up and become export-ready over the next three to four years. Consultations with registe

RDI fund to spur 10-fold investment from private sector, says NITI's Abhay Karandikar

The Research, Development and Innovation (RDI) scheme aims to significantly increase private sector investment in India. It is designed to catalyse nearly Rs 10-lakh crore in inves

America very close to finalising trade deal with India: Marco Rubio

US very close to finalising trade deal with India, says Marco Rubio

US Secretary of State Marco Rubio said on Monday that Washington is close to finalising a trade deal with India. He said the US considers various factors, including ongoing trade n

Exporters may be asked to monitor supply chains' indirect emissions

The Indian government is engaging in discussions about measuring Scope 3 emissions for exporters. This consideration arises as trade partners impose tighter green requirements glob

Farmers face 15% loss as poultry feed costs surge

Poultry farmers are currently experiencing losses of approximately 15% due to rising livestock feed costs. Key ingredients have seen price increases of up to 75%, affecting farmers

Global investors against use of judicial anti-avoidance rule by tax officials

International investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. At a recent meeting, investors communicate

India's exports rise across geographies; Africa, ASEAN lead growth in Apr-Aug

India's merchandise exports increased significantly across different regions from April to August this fiscal year. Exports to Africa saw a notable rise of 47 percent, reaching USD

Faster services imports threaten to erode cushion against India’s goods trade deficit: Report

India's services trade surplus has declined as imports grew faster than exports, leading to concerns about foreign exchange earnings. In September 2026, net services exports fell b

India needs policy credibility and continuity to sustain FDI as strong growth alone is not enough, says KIEP expert

India needs to maintain policy credibility and continuity to sustain foreign investment inflows, as strong economic growth alone may not be enough to reassure global investors abou

What is holding up the US-India trade deal?

US Secretary of State Marco Rubio will visit India next week to strengthen bilateral relations and discuss trade issues. His meetings will take place in Mumbai and Jamnagar, focusi

'India an important ally': Rubio says Trump studying effects of tariffs on countries like India

India’s soybean output seen falling 2.1% to 107.93 lakh tonnes in Kharif 2026: Farmers' body

India's soybean production forecast indicates a slight decline to 107.93 lakh tonnes during the ongoing Kharif season. Drought-like conditions in Maharashtra, Karnataka, and Telang

'India an important ally': Rubio says Trump weighing impact of Russia-related tariffs

US Secretary of State Marco Rubio stated that India's energy requirements will be considered before possible sanctions on Russian oil. President Donald Trump recently waived certai

Christmas cheer, but caution remains: Exporters welcome US tariff relief, keep diversification plans

US President Donald Trump’s decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian exporters ahead of the crucial Christmas ship

India notifies first tariff cuts under New Zealand FTA

India will implement duty concessions for certain imports from New Zealand starting October 20, under a new FTA. The concessions include zero basic customs duty for sheep meat and

Commerce Ministry organizes “Leveraging FTAs” outreach program in Jaipur to boost exports

The Commerce Ministry organized an outreach event in Jaipur, targeting exporters to clarify the use of benefits provided by India's free trade agreements. This initiative aims to t

Rs 3,600 crore business enquiries at 5-day handicraft fair

Over 7,300 buyers participated in the 62nd IHGF Delhi Fair held from October 13 to 17. Business enquiries at the fair totaled Rs 3,600 crore, demonstrating strong international int

US' Russia sanction waiver a relief for India's exporters, energy security: Experts

The waiver of sanctions under the Sanctioning Russia and Iran Act provides relief for India's energy security. Experts believe that continued access to Russian crude will support e

Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answers

Chief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that finance ministries, central banks, and househol

Trump’s 100% Russian oil tariff U-turn has a catch India can’t ignore

GTRI has warned that Donald Trump’s waiver of threatened 100% tariffs on Russian oil buyers offers India only temporary relief, as Washington can reinstate the duties at any time.

India notifies first New Zealand FTA duty cuts; sheep meat gets zero duty, kiwi fruit at 15%

India has notified the first set of customs duty concessions for imports from New Zealand under their free trade agreement, effective October 20. The preferential rates cover produ

‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala Sitharaman

Nirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She highlighted challenges in trade relations w

No meddling as 'middlemen' in forex conversion by banks: New rules forbid conversion of foreign earnings into rupees to detriment of exporters

The Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees without specific instructions from the sender

Government approves Rs 1,195 crore for ITI cluster modernisation

With these approvals, the cumulative investment approved under the scheme has reached ₹3,687 crore to date to help transform ITIs into modern, industry-aligned and future-ready ski

India should become a tech-creator rather than tech-user nation: Niti Aayog vice-chairman Ashok Lahiri

Niti Aayog vice-chairman Ashok Lahiri stressed the need for rapid economic reforms and structural changes to help India become a developed nation by 2047. "Technological progress i

'India needs 8-9% growth to become a developed nation by 2047'

India aims to become a $30 trillion economy by 2047, from its current size of around $4 trillion. The country's gross domestic product (GDP) grew 7.8% in the June quarter, exceedin

White House lists investment over $330 billion in US from India

The White House announced investments of over $330 billion from India as part of total investments. This total is reported as $10.871 trillion from various countries and private in

Nirmala Sitharaman pitches for public, private capital to build financially sustainable cities

Finance Minister Nirmala Sitharaman highlighted the importance of creating sustainably investable cities in India. She proposed a combination of public investment alongside private

China says ready to address each other's concerns after Sitharaman flags trade barriers

China said it was ready to work with India to allay its concerns of rising trade imbalance. Finance Minister Nirmala Sitharaman said the trade imbalance was due to China's restrict

National highway projects awarded rise 62.9% during April-Sept: MoSPI

National highway projects awarded experienced a 62.9% increase in distance during the April-September period. Electronic toll collection transactions also rose significantly, indic

India's forex reserves shed $60 billion in six weeks as RBI steps in to support rupee, one of Asia's worst-performing currencies this year

India’s foreign exchange reserves declined by nearly $60 billion in six weeks to $726.027 billion as of October 9, from a record high of $785.706 billion on September 4. The fall w

India needs to leverage FTAs, export promotion mission initiatives to boost shipments: CII's Budhia

Indian businesses are encouraged to utilise free trade agreements and the export promotion mission for expansion. Recent data shows that India’s merchandise exports have increased

India to reach 100 billion dollar of bilateral trade with Russia by 2030: Ambassador Vinay Kumar

India is pursuing negotiations for a Free Trade Agreement with the Eurasian Economic Union to increase exports. Indian Ambassador to Russia Vinay Kumar stated that bilateral trade

India's forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBI

India’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank of India (RBI). The decline

Ladakh’s infrastructure plan: 5 projects worth ₹3,350 cr to boost air connectivity, roads, tourism