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Mumbai, March 31: US President Donald Trump has issued a severe ultimatum to Tehran, threatening the complete destruction of Iran's energy grid and vital infrastructure if a diplomatic resolution is not reached "shortly." In a social media post on Monday, the President warned that the US military is prepared to target electric generating plants, oil wells, and the strategic Kharg Island export hub. The threat follows a month of high-intensity conflict and comes as Iran retaliates with strikes on ...Read More >
New Delhi [India], March 31 (ANI): Union Minister Piyush Goyal held discussions with a European Parliamentary delegation led by Angelika Niebler on the early implementation of the India-European Union Free Trade Agreement (FTA), highlighting its significance for strengthening bilateral ties. In a social media post, the minister said he was "delighted" to meet the delegation and noted that India-EU relations are witnessing growing dynamism across multiple sectors. Also Read | 28 Ships Bound for ...Read More >
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on "non-violation complaints" (NVCs) under the TRIPS Agreement also expired for the first time since 1995. This opens the doors for countries to move WTO in case treaty ...Read More >
New Delhi, March 30: The WTO ministerial conference in Yaounde, which concluded on Monday, failed to reach any agreement on key issues, including the extension of the moratorium on e-commerce and reforms of the global trade body. The 14th ministerial conference (MC), which concluded in the early hours on March 30 in the capital city of Cameroon, could not reach a consensus on a moratorium on non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights (T ...Read More >
Jammu (Jammu and Kashmir) [India], March 30 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah on Monday called for an immediate end to the ongoing West Asia conflict, expressing hope that India can play a crucial role in de-escalating tensions. Speaking to reporters on the issue, CM Abdullah said that the war should end at the earliest and stressed that the Prime Minister's diplomatic relations with multiple countries could help facilitate peace. "We want the war to end soon, and the role ...Read More >
Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguards against non-violation complaints against intellectual property policies. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO remaining ineffective in mitigating trade uncertainties, India to build coalitions to defend consensus-based decision-making at WTO, which is under threat due to growing ...Read More >
New Delhi [India], March 30 (ANI): Prime Minister Narendra Modi has engaged in high-level discussions with global leaders to address pressing international issues, including the ongoing conflict in West Asia, the spokesperson of the Ministry of External Affairs, Randhir Jaiswal said on Monday. As part of these engagements, on March 28, the Prime Minister held talks with the Crown Prince of Saudi Arabia, Prince Mohammed bin Salman, Jaiswal said. Also Read | Ellie Crampsie Drug Case: Influencer ...Read More >
New Delhi [India], March 30 (ANI): Prime Minister Narendra Modi has engaged in high-level discussions with global leaders to address pressing international issues, including the ongoing conflict in West Asia, the spokesperson of the Ministry of External Affairs, Randhir Jaiswal said on Monday. As part of these engagements, on March 28, the Prime Minister held talks with the Crown Prince of Saudi Arabia, Prince Mohammed bin Salman, Jaiswal said. Addressing an interministerial briefing in the na ...Read More >
New Delhi [India], March 30 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said India's position at the 14th Ministerial Conference of the World Trade Organization (MC14) in Cameroon was "not only heard but also reflected in the Ministerial decisions." Wrapping up his four-day visit to Cameroon, Goyal said the conference was significant as it marked the return of the WTO Ministerial Conference to the African continent after a decade. Also Read | Donald Trump Says He Has 'No ...Read More >
New Delhi, Mar 30 (PTI) The WTO ministerial conference in Yaounde, which concluded on Monday, failed to reach any agreement on key issues, including the extension of the moratorium on e-commerce and reforms of the global trade body. The 14th ministerial conference (MC), which concluded in the early hours on March 30 in the capital city of Cameroon, could not reach a consensus on a moratorium on non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights ...Read More >
New Delhi, March 30 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Monday said that India's stance at the recently concluded WTO Ministerial Conference (MC14) in Cameroon was "not only heard but also reflected" in the final outcomes, underlining the country's growing influence in shaping global trade discussions. Wrapping up his four-day visit to Cameroon -- where he participated in the WTO Ministerial Conference -- Goyal noted that the global trade landscape has undergon ...Read More >
New Delhi [India], March 30 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said India's position at the 14th Ministerial Conference of the World Trade Organization (MC14) in Cameroon was "not only heard but also reflected in the Ministerial decisions."Wrapping up his four-day visit to Cameroon, Goyal said the conference was significant as it marked the return of the WTO Ministerial Conference to the African continent after a decade."Reflecting on the last four days spent in C ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >
New Delhi [India], March 30 (ANI): Union Commerce and Industry Minister Piyush Goyal on Monday said India's position at the 14th Ministerial Conference of the World Trade Organization (MC14) in Cameroon was "not only heard but also reflected in the Ministerial decisions." Wrapping up his four-day visit to Cameroon, Goyal said the conference was significant as it marked the return of the WTO Ministerial Conference to the African continent after a decade. "Reflecting on the last four days spent ...Read More >
Mumbai (Maharashtra) [India], March 30 (ANI): Dark clouds of selling continued to hover over Dalal Street on Monday morning as Indian benchmark indices opened sharply lower amid rising geopolitical tensions and surging crude oil prices. The Nifty 50 opened at 22,549.65, declining by 269.95 points or (-1.18 per cent), while the BSE Sensex slipped to 72,603.07, falling by 980.15 points or -1.33 per cent in early trade. Also Read | Bank Holiday: Are Banks Open or Closed on 31st March for Mahavir ...Read More >
New Delhi, Feb 24 (PTI) The government on Tuesday permitted exports of 25 lakh tonnes of wheat, according to a commerce ministry notification. The decision was taken earlier this month, but the directorate general of foreign trade (DGFT) notified it on Tuesday. "The export policy of Wheat ...continues to remain prohibited. However, export of 25 Lakh Metric Tonnes (LMT) of Wheat is permitted," the DGFT said. This decision was taken in January by the Centre. It said that the detailed modalitie ...Read More >
India and the Gulf Cooperation Council (GCC) signed a joint statement on Tuesday, formally launching negotiations for a comprehensive Free Trade Agreement. The agreement was signed by Commerce Minister Piyush Goyal and GCC Secretary General Jasem Mohamed Al Budaiwi. India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by In ...Read More >
New Delhi [India], February 24 (ANI): India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by India's Union Minister of Commerce and Industry, Piyush Goyal, and Secretary General of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi. Also Read | Maharashtra NMMS Result 2026 Out at mscenmms.in and mscepune.in: MSCE Pune ...Read More >
New Delhi [India], February 24 (ANI): India and Gulf Cooperation Council (GCC) on Tuesday signed the joint statement on Free Trade Agreement (FTA) formally launching negotiations for a comprehensive and mutually beneficial agreement. The joint statement was signed by India's Union Minister of Commerce and Industry, Piyush Goyal, and Secretary General of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi. Taking it to social media platform X, Goyal said, "Delighted to welcome H.E. Jasem Moh ...Read More >
New Delhi (PTI): Precious metal prices climbed 3 per cent in the national capital on Monday, with silver surging to Rs 2.7 lakh per kilogram and gold advancing to Rs 1.6 lakh per 10 grams, due to strong safe-haven demand amid growing global trade uncertainties after the US Supreme Court ruling against Trump's tariffs. According to the All India Sarafa Association, silver jumped Rs 8,000, or 3.03 per cent, to Rs 2,72,000 per kilogram (inclusive of all taxes) from Friday's closing level of Rs 2,6 ...Read More >
New Delhi, Feb 16 (PTI) In-Solutions Global Ltd (ISG) on Monday announced that it has received regulatory authorisation from the Reserve Bank of India (RBI) across all three Payment Aggregator categories - online, physical or offline and cross-border. The approval was granted under the latest RBI Master Directions for 2025-26. With these approvals, ISG joins a select group of non-bank ecosystem players enabled to support merchant payments across domestic and international channels through a un ...Read More >
The European Union and India are set to announce a landmark trade deal after nearly two decades of on-off talks, as both sides aim to deepen ties amid tensions with the US. India's Commerce Secretary Rajesh Agarwal said on Monday that negotiations had been wrapped up and the deal finalised. European Commission President Ursula von der Leyen and European Council President António Luís Santos da Costa are in Delhi, where the announcement is expected. Both India and the EU are seeking to streng ...Read More >
New Delhi: India and the European Union announced Tuesday the "mother of all deals", a huge trade pact to create a market of two billion people, reached after two decades of negotiations. EU chiefs and Prime Minister Narendra Modi hope the pact will help shield against challenges from the world's two leading economies, the United States and China. The agreement will cut or eliminate tariffs on almost 97 percent of European exports, saving up to 4 billion euros ($4.75 billion) annually in dutie ...Read More >
ECONOMY: India's Exports Surge 20% -- Defying Trump's Trade War Wednesday, December 17, 2025 by Indian Defence News Technicians work with robots on the assembly line in a hi-tech manufacturing hub in India India's exports surged by nearly 20 percent in November 2025, marking the fastest growth in three years despite the escalating US trade war under President Donald Trump. Goods exports reached $38.13 billion, a 19.4 percent rise year-on-year, reversing October's 11.8 percent decline to $34.38 ...Read More >
New Delhi: The Indian economy is expected to record around 7 per cent growth in the current fiscal, slightly higher than 6.6 per cent projected by the International Monetary Fund (IMF) in October, said Gita Gopinath, former chief economist of the Washington-based International Monetary Fund. The IMF in October, however, revised upwards India's GDP growth forecast for the current fiscal to 6.6 per cent compared to its earlier estimate of 6.4 per cent on the back of strong growth, offsetting the ...Read More >
India is actively seeking a larger role in global supply chains as companies shift manufacturing. IMF Chief Economist Gita Gopinath highlights the need for reforms in land acquisition and labor. Skill development is also crucial for economic growth. India is working to capture a larger share of global supply chains as companies diversify away from traditional manufacturing hubs. Speaking to Times Network, IMF Chief Economist Gita Gopinath said, "India has made improvements in physical infrastru ...Read More >
Finance Minister Nirmala Sitharaman on Wednesday (December 17, 2025) said global trade is increasingly "getting weaponised" through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage. Tariff strike and souring ties "Trade is getting weaponised through tariff, through many other measures and India will have to negotiate its way carefully in this, and not just take care of tari ...Read More >
Delhi/Hyderabad, Dec 17 (Maxim News): Global trade is increasingly getting weaponised through tariffs and other measures, Finance Minister Nirmala Sitharaman said on Wednesday. She warned that India must negotiate carefully in the changing global trade environment. She also stressed that the strength of India's economy will provide the country with an added advantage in dealing with such challenges. Here To Join Us On WhatsApp Speaking at the Times Network's India Economic Conclave 2025, Sitha ...Read More >
India's exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in India's total outbound shipments in November and 2.62% in April-November. New Delhi: Led by engineering goods, chemicals and farm products, India's merchandise exports to the US rose 11.38% on-year in April-November FY26 at $59.04 billion, reflecting strong momentum in India-US trade ties, data release ...Read More >
New Delhi, Dec 17 (UNI) Gita Gopinath, Economist and former First Deputy Managaing Director of IMF , underscored that both India and the US "must engage constructively to negotiate tariffs" at a time when global trade is being reshaped by geopolitics and national security concerns. Gopinath said the world economy has entered a phase where trade policy is no longer driven purely by economics, but increasingly by strategic and security considerations. Focusing on India's trade strategy, she said ...Read More >
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