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Wednesday, July 30, 2025
TopicCommerce ministry

Topic: Commerce ministry

US-India trade deal: Commerce ministry team to visit Washington soon for another round of talks

Earlier this month, the Indian team led by chief negotiator Rajesh Agrawal, returned from Washington after concluding talks on the pact.

US, India to give preferential access to each other’s businesses, says Piyush Goyal

With US officials visiting India for the trade deal, New Delhi will push for full exemption from the 26% tariff on domestic goods announced by Trump earlier this year.

India is evaluating implications of Trump tariffs, studying potential ‘opportunities’

According to a statement issued Thursday, the commerce dept is engaging with Indian industry & exporters to assess the situation.

Controller general of patents, whose appointment stands disputed, lost crucial powers over past months

Several orders issued by commerce ministry this year have taken away Unnat P. Pandit’s financial & administrative powers, even as he continues to hold the post, the Delhi HC was informed.

India’s trade deficit hits record high in October, largest share of imports from China

Indian commerce ministry data shows imports in October stood at $65.03 billion, exports were $33.57 billion. At $60 billion for April-October 2023, Chinese imports double that of Russia’s.

Despite border tensions & calls for boycott, imports of Chinese goods up 44% in a year

Data reveals that most of rise in imports is on account of 'input goods' or capital goods. Import of electronics, electrical machinery & their parts is up by 37% from last year.

India relaxes wheat ban, allows export of consignments registered till 13 May

India put wheat under prohibited category last week to ‘manage the overall food security of the country’.

India-China trade deficit soars to $47 bn as business ignores Ladakh crisis, ‘Atmanirbhar’ push

Trade deficit between India and China ballooned to almost $47 billion in just the first nine months of 2021. It stood at $44.02 billion in 2020-21.

Exports rise 45% to $33.14 billion in August, imports up 51.47% to $47.01 billion

The trade deficit was $13.87 billion in August this year, compared to $8.2 billion in the corresponding month of 2020.

Govt notifies RoDTEP rates for exporters, to cover 8,555 items including marine goods, yarn

Under the RoDTEP, various central and state duties, taxes, and levies imposed on input products would be refunded to exporters and govt has set aside Rs 12,454 crore for refunds.

On Camera

India vs Pakistan in Asia Cup? Cricket with terror state Pakistan is good for business after all

If you accept the principle of sporting sanctions, then you only need to ask: is there a difference between apartheid-era South Africa and today’s Pakistan?

Govt’s earlier FDI limit of 74% in insurance sector has remained underutilised, Parliament told

In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.

India’s air defence system foiled 1,000 Pakistani drone attacks on 9 May—Modi tells Parliament

New Delhi: India’s air defence systems intercepted and destroyed 1,000 drones and missiles launched by Pakistan on 9 May during Op Sindoor, Prime Minister...

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.