“Direct or indirect import, or transit of all goods originating in or exported from Pakistan, whether or not freely importable or otherwise permitted, shall be prohibited with immediate effect, until further orders,” the Directorate General of Foreign Trade said in a Friday notification. “Any exemption or dispensation from this shall be examined and decided on […]
India shuts doors on Pakistan: No imports or ships allowed
Pahalgam attack news: Tensions are escalating between India and Pakistan as both nations have imposed maritime restrictions, barring each other’s vessels from accessing their ports. This action follows India’s ban on Pakistani imports and ships in response to the Pahalgam terror attack. Pakistan retaliated, raising concerns about regional stability amid ongoing diplomatic and economic retaliation.
Govt’s ban will cut India’s import from Pakistan to zero from $0.5 million: GTRI’s Ajay Srivastava
1 year ago
India has banned all direct and indirect imports from Pakistan, effectively halting bilateral trade, following a recent terror attack. This move, though largely symbolic due to existing high tariffs, will reduce India’s already minimal imports from Pakistan to zero. While India’s economy will be negligibly affected, Pakistan relies on Indian goods, potentially leading to increased […]
Narendra Modi will inaugurate the Vizhinjam International Seaport in Kerala on Friday. This marks a significant step for India’s maritime presence. Adani Ports built the deep-sea port with government partnership. The project cost Rs 8,867 crore. Security is heightened after recent terror attacks. Opposition leaders are likely to boycott the event. They criticize organizers for […]
Prime Minister Modi inaugurates the Vizhinjam International Seaport in Kerala, India’s first transshipment hub, built with an investment of Rs 8,867 crore. Strategically located near major shipping routes, it aims to reduce reliance on foreign ports and rival Colombo and Dubai. The port features advanced infrastructure and AI-powered systems, marking a new era in India’s […]
Narendra Modi inaugurated the Vizhinjam International Seaport. He said its capacity would triple. Modi highlighted that India lost revenue due to foreign transshipment. He emphasized that Indian money would now benefit India. He praised the PPP model for port development. Modi noted the collaboration between the Adani Group and the Kerala government.
India and the UK are set to include an Investor-State Dispute Settlement (ISDS) mechanism in their upcoming investment treaty, sources told Reuters. This provision allows companies to sue either government if policy changes are seen to harm their investments or profits.
India is seeking to increase fertiliser imports from the US to reduce reliance on countries like China and address the trade imbalance with Washington. While overall fertiliser imports decreased in 2024-25, shipments from Russia and China saw significant declines. The US has raised concerns about the growing trade deficit with India, leading to ongoing negotiations […]
India’s total exports reached a record $824.9 billion in FY25, driven by a surge in services exports, according to the commerce and industry ministry. Services exports hit a historic high of $387.5 billion, marking a 13.6% increase from the previous fiscal year. Despite global challenges, merchandise exports excluding petroleum also saw a record increase.
The US imposed tariffs on Indian imports, starting with 10% on April 5, 2025, escalating to 26% before a 90-day suspension on specific tariffs from April 10. As India and the US negotiate a trade deal, Indian exporters, particularly in sectors like machinery, pharmaceuticals, and textiles, face potential financial impacts.