India’s merchandise trade deficit is projected to widen to $28.0 billion in September 2025, primarily due to a surge in gold imports driven by the festive season. A delay in the US-India trade deal also impacts exports. The deficit is expected to remain elevated, with ongoing trade talks offering a potential for future improvement.
India’s merchandise trade deficit likely widens to USD 28 billion in September amid gold imports surge: UBI Report
India and Canada are discussing ways to boost economic ties. Ministers Piyush Goyal and Maninder Sidhu explored new trade opportunities in clean technology, AI, agriculture, and critical minerals. This comes after past trade agreement negotiations were paused. Discussions aim to build on mutual respect and trust. India’s exports to Canada saw an increase in the […]
India-EFTA trade pact to boost USD 100 billion worth of investments, create 1 million jobs
2 weeks ago
India’s historic trade milestone with the EFTA nations, including Switzerland, Norway, Iceland, and Liechtenstein, officially commenced on October 1, 2025. This landmark agreement promises USD 100 billion in investments and one million jobs over fifteen years, fostering growth in key sectors and facilitating skilled worker mobility.
The US-China trade war is expected to boost Indian exports to the US, experts say. Higher US tariffs on Chinese goods, rising to 130% from November 1, 2025, make Chinese products less competitive, benefiting Indian exporters, especially in textiles, toys, and other sectors. India exported $86 billion to the US in 2024-25, its largest trading […]
Prices of EVs, wind turbines, and semiconductors to rise amid fresh tariffs on China by US: GTRI
2 weeks ago
US tariffs on Chinese goods will rise 100% from November 1, 2025, pushing up prices for EVs, wind turbines, and semiconductor parts, says GTRI. The escalation heightens US-China trade tensions and may force Washington into negotiations over rare earths.
Three major Indian port authorities – Deendayal, V.O. Chidambaranar, and Paradip – have been formally recognized as Green Hydrogen Hubs. This initiative aligns with the nation’s net-zero goals by 2070, fostering industrial participation and investment in clean fuel technologies through a cluster-based development model.
India and Brazil are strengthening trade ties and exploring ways to boost bilateral trade and investment, particularly in response to increased US import tariffs. Discussions under the India-Brazil Trade Monitoring Mechanism focused on expanding preferential trade agreements and enhancing collaboration in key sectors like pharmaceuticals and chemicals.
India and the UK have forged a strategic partnership at India Mobile Congress 2025, pledging £24 million over four years to drive digital connectivity innovation. The India-UK Connectivity and Innovation Centre (CIC) will foster collaboration between researchers, innovators, and businesses, focusing on telecommunications, cybersecurity, and AI’s role in transforming the sector.
The Union Cabinet will soon discuss a new Export Promotion Mission. This mission aims to strengthen India’s export sector. It will provide targeted financial and market support. The focus is on MSMEs and labour-intensive industries. The mission will help exporters gain a competitive edge globally. It addresses both financial and non-financial challenges faced by exporters.
Indian steel exporters face significant challenges from upcoming European Union tariffs and reduced duty-free import quotas. These measures threaten to make Indian steel uncompetitive in the EU market. Industry representatives are urging that the India-EU free trade agreement negotiations prioritize addressing these steel-related concerns.