Together we can open new chapter of dragon-elephant tango: Chinese envoy on Sino-India ties at Delhi event

China’s ambassador to India, Xu Feihong, has declared that China welcomes all Indian commodities into its market, signaling a potential boost in bilateral trade. This announcement aligns with the agreement between India and China to reopen border trade through key passes like Lipulekh, Shipki La, and Nathu La.

India initiates Garhwali apple exports from Dehradun to Dubai with a trial shipment of 1.2 tonnes, facilitated by APEDA. This move aims to boost agricultural exports by addressing infrastructure and post-harvest handling challenges faced by growers. APEDA is also working on organic certification, GI tagging, and establishing a regional office to support farmers and exporters.

Russia aims to bolster bilateral trade with India, expressing readiness to import more Indian goods affected by US tariffs. Despite US pressure, Russia defends India’s crude oil procurement, emphasizing their strategic partnership and commitment to resolving challenges. The discounts on Russian oil remain attractive, ensuring continued energy cooperation between the two nations.

India and the Eurasian Economic Union (EAEU) have signed Terms of Reference in Moscow to begin FTA negotiations, aiming to boost trade and investment. This development occurs as the US imposes tariffs on Indian imports, including penalties for Russian oil purchases. The FTA with the $6.

India’s textile exports showcased resilience in July 2025, climbing 5.37% to $3.1 billion, driven by robust demand for readymade garments, jute, carpets, and handicrafts. Cumulative exports for April-July 2025 reached $12.18 billion, marking a 3.87% increase compared to the previous year, highlighting the sector’s diversified product strength and its role in economic growth despite global […]

External Affairs Minister S. Jaishankar highlighted the significant increase in India-Russia bilateral trade, which surged from USD 13 billion in 2021 to USD 68 billion in 2024-25. However, he emphasized the urgent need to address the growing trade imbalance, which has widened from USD 6.6 billion to USD 58.

India’s textile exports demonstrated resilience in July 2025, increasing by 5.37% to USD 3.10 billion, driven by strong demand in ready-made garments, jute, carpets, and handicrafts. Cumulative exports for April-July 2025 rose by 3.87% to USD 12.18 billion, highlighting the sector’s role as a key driver of economic growth despite global uncertainties. Ready-made Garment exports […]

The Indian government has temporarily suspended the 11% import duty on raw cotton until September 30th to improve domestic supply. This decision is anticipated to benefit the textile sector by providing raw materials at competitive global rates and potentially increasing cotton imports from the US, particularly for premium exports.

A parliamentary panel suggests recalibrating India’s export strategy by enhancing manufacturing competitiveness and diversifying markets to counter global economic headwinds. The panel urges expanding production-linked incentives to high-tech and green manufacturing. Additionally, the government is urged to expedite CPSE privatization and aim for 8% economic growth with increased investment.

India faces potential tariffs of $48.2 billion on exports to the US following reciprocal duties imposed starting August 2025. The government is negotiating a trade agreement with the US, but talks have been delayed. Despite this, India’s exports to the US grew by 21.64% during April-July FY25. Countervailing duties have also been announced by the […]