Nepal’s soyoil exports to India jump tenfold on duty free access

Nepal’s soybean oil exports to India saw a massive jump in 2025. Duty-free access allowed Nepal to send record amounts of refined oil to India. This surge helped Nepal’s total exports to India double. However, it created challenges for Indian refiners who pay import duties. Nepal’s share of India’s soybean oil imports increased significantly.

India has signed nine free trade agreements with 38 nations, opening up access to almost two-thirds of global markets. These pacts will boost Indian goods, services, and talent mobility. Discussions are underway for new agreements, including with Canada. The nation’s youth and skilled manpower are seen as key growth drivers. Artificial intelligence is expected to […]

India occupies a relative middle ground following the latest tariff developments by the United States, but any uniform tariff hike under Section 122 could increase its tariff exposure and erode some of the advantages gained through earlier negotiations, according to a report by Union Bank of India.

Textile and vehicle exporters face tighter margins and working capital challenges after the government halved RoDTEP tax refunds. This decision, impacting cotton textiles, yarn, and two-wheelers, could hinder export growth and profitability. Companies are appealing for the restoration of earlier rates to avoid financial losses on existing shipments and contracts.

India is undertaking a significant exercise to identify gaps in its manufacturing sector. The government is mapping commonly procured goods to understand import reliance. This initiative aims to boost local production and reduce dependence on foreign supplies. A consolidated procurement plan for these items will be developed.

The government has clarified that reduced rates and value caps under the RoDTEP scheme do not apply to agricultural and processed food exports. This clarification follows a recent decision to halve duty benefits for exporters. The Directorate General of Foreign Trade issued a notification stating Chapters 1 to 24 of the ITC HS code are […]

The World Trade Organisation has agreed to form a dispute panel. China filed a case against India concerning its automotive and renewable energy policies. Beijing claims India’s incentive schemes discriminate against foreign businesses. India maintains its measures comply with WTO rules. This development follows earlier consultations between the two nations. The US also commented on […]

The WTO’s dispute settlement body has established a panel to examine China’s complaint against India’s automotive and renewable energy sector policies. Beijing alleges that India’s Production Linked Incentive (PLI) schemes discriminate against Chinese goods, violating global trade rules. Bilateral consultations failed to resolve the dispute, prompting China’s second request for a panel.

India is actively pursuing stronger economic ties with Canada and the United Kingdom. Discussions are underway for comprehensive economic partnership agreements. These agreements aim to significantly boost bilateral trade and investment. Regular engagements are planned to build sustained momentum in these crucial partnerships. New avenues for collaboration are expected to unfold, benefiting both nations.

Kazakhstan, a major uranium producer, will supply a significant amount of uranium to India. This new contract will fuel India’s nuclear power plants. The agreement follows recent discussions between Kazakhstan’s Kazatomprom and India’s Department of Atomic Energy. India and Kazakhstan have a history of uranium supply deals. This development strengthens energy cooperation between the two […]