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New Delhi [India], August 2 (ANI): Karnataka Chief Minister Siddaramaiah on Friday said that the United States' decision to impose a 25 per cent tariff, along with an additional penalty on India for importing oil from Russia, would affect not just the nation but also the individual states. 'It will impact the state also, and the whole country at large. I will discuss this issue with the concerned Minister,' the Chief Minister told reporters. Karnataka Minister Priyank Kharge expressed concern ...Read More >
Vijayawada: Andhra Pradesh's net GST collections have crossed Rs 2,930 crore for July with gross collections of Rs 3,803 crore -- the highest ever in July since the GST system was rolled out in 2017. In the last four months from April, AP recorded the highest-ever gross and net GST collections compared with the same months the previous financial years. Chief commissioner of state tax, A Babu, said in a statement here on Friday that the net GST collections increased by 12.2 per cent in July thi ...Read More >
New Delhi [India], August 2 (ANI): Karnataka Chief Minister Siddaramaiah on Friday said that the United States decision to impose a 25 per cent tariff, along with an additional penalty on India for importing oil from Russia, would affect not just the nation but also the individual states. It will impact the state also, and the whole country at large. I will discuss this issue with the concerned Minister, the Chief Minister told reporters. Karnataka Minister Priyank Kharge expressed concern ove ...Read More >
NEW DELHI: Volvo, the Swedish luxury carmaker on Friday said it plans to bring the new Volvo EX30 SUV, the entry level luxury electric car, during the forthcoming festive season, to boost electric penetration in the world's third largest car market. "In the last six months the electric car market in India has grown about 4.5 per cent in the mass car market while the luxury car market rose to 9 per cent. We want to accelerate this growth by bringing our new Volvo EX30 electric car during the fes ...Read More >
Mumbai (Maharashtra) [India], August 1 (ANI): Senior Congress leader and former Maharashtra Chief Minister Prithviraj Chavan on Friday criticised the Indian government's response to US President Donald Trump's remarks on India's economy and the recent imposition of 25% tariffs on Indian goods. Chavan urged Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to respond strictly to Trump's comments, questioning whether Trump is lying. 'Trump needs to be answered strictly by PM N ...Read More >
Mumbai (Maharashtra) [India], August 1 (ANI): Senior Congress leader and former Maharashtra Chief Minister Prithviraj Chavan on Friday criticised the Indian government response to US President Donald Trump remarks on India economy and the recent imposition of 25 tariffs on Indian goods. Chavan urged Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to respond strictly to Trump comments, questioning whether Trump is lying. Trump needs to be answered strictly by PM Narendra Mo ...Read More >
New Delhi [India], August 1 (ANI): India on Friday expressed confidence that its relationship with the United States will continue to move forward and it remains focused on the substantive agenda the two countries are committed to. Ministry of External Affairs spokesperson Randhir Jaiswal said at the regular media briefing that the bilateral partnership with the United States has weathered several transitions and challenges and the two countries share a comprehensive global strategic partnershi ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shipp ...Read More >
The initiative is a strategic roadmap aligned with the 'Viksit Bharat @2047' vision, building on the achievements of previous Automotive Mission Plans, which promoted the significant growth in India's automotive sector through stakeholder collaboration, the statement explained. 2381;टर में अग्रणी बनाने के लिए इनोवेशन, वैश्विक प्रतिस्पर्धात्मकता और सस्टेनेबल डेवल ...Read More >
Chief Minister Omar Abdullah emphasized his government's commitment to empowering Jammu and Kashmir by leveraging collaborations with IIT Jammu. At a valedictory function, Abdullah highlighted initiatives aimed at tourism recovery, innovation, and skill development. The Summer School 2025 program marked a significant step in fostering technical skills among young participants from across the nation. Chief Minister Omar Abdullah announced his government's dedication to delivering a more empowere ...Read More >
NEW DELHI, Jul 16 (NNN-PTI) - India's cumulative exports (merchandise and services) during Apr-Jun, this year, were estimated at 210.31 billion U.S. dollars, a growth of 5.94 percent, year on year, showed the official data released by the federal Ministry of Commerce and Industry, yesterday. According to it, the cumulative value of merchandise exports during Apr-Jun was 112.17 billion dollars, growing 1.92 percent, year on year. During the said period, the non-petroleum exports, valued at 94.7 ...Read More >
Interest subvention schemes and a supportive regulatory environment have spurred the establishment and expansion of indigenous ethanol capacities across IndiaSource : ABPLIVE AI The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) wrote a letter to Piyush Goyal, Minister of Commerce and Industry, voicing concerns regarding the potential removal of restrictions on ethanol imports for fuel blending, amidst ongoing trade discussions with the United States. In the letter, ISMA emphasised ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The Enforcement Directorate (ED) has attached six immovable properties worth Rs 4.18 crore in Delhi and Uttar Pradesh over money laundering cases linked to a company controlled by Atul Rai, former MP and Jitender Sapra, both aides of Mukhtar Ansari, an official said on Tuesday. The ED, Allahabad Sub-Zonal office, issued the Provisional Attachment Order attaching the six properties owned by Spectrum Infraservices on Tuesday, as part of its money laundering pro ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The coming months will be crucial for India's global trade relations, as the government intensifies negotiations with major partners such as the European Union (EU), the United States, and the ASEAN bloc, officials from the Ministry of Commerce and Industry said on Tuesday. During a press briefing, Special Secretary Satya Srinivas said that significant progress has been made in some talks, while others are moving more slowly than expected. "The 12th round of ...Read More >
New Delhi, July 15: The coming months will be crucial for India's global trade relations, as the government intensifies negotiations with major partners such as the European Union (EU), the United States, and the ASEAN bloc, officials from the Ministry of Commerce and Industry said on Tuesday. During a press briefing, Special Secretary Satya Srinivas said that significant progress has been made in some talks, while others are moving more slowly than expected. "The 12th round of negotiations wit ...Read More >
The US is reportedly working towards an interim trade deal with India, potentially setting tariffs below 20%, a favorable position compared to other Asian nations. This arrangement allows for continued negotiations, aiming to resolve outstanding issues before a broader agreement expected this fall. The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable positi ...Read More >
PRNewswire Chandigarh [India], July 15: Chandigarh University, India leading private university, in collaboration with job platform Apna and investment firm Venture Catalysts (VCats) have launched Campus Tank, India first university-led Startup launch-pad for young innovators below the age of 30 to pitch their ideas and get funding of $1 Million to launch their startups along with expert venture guidance, strategic ecosystem alliances and immersive startup incubation. APNA which is India larges ...Read More >
New Delhi, July 15 (SocialNews.XYZ) India's total exports of merchandise and services for June 2025 touched $67.98 billion, registering a growth of 6.5 per cent compared with the corresponding figure for the same month of the previous year, according to data released by the Ministry of Commerce and Industry on Tuesday. Total imports of merchandise and services combined went up by 0.5 per cent to $71.50 billion during the month compared with June 2024. India's total exports during the April-Jun ...Read More >
Mumbai, July 15 (SocialNews.XYZ) Actor Aasif Khan, who suffered a heart attack on Monday evening. However, the actor is now stable, and out of danger. He has assured his fans that he is on his road to recovery. Aasif is known for his work in 'Mirzapur', 'Paatal Lok', 'Panchayat', 'Jamtara - Sabka Number Ayega' and 'Human'. On Tuesday, the actor took to the Stories section of his Instagram, and penned a note, notifying his fans that he is in a better condition. He wrote, "Over the past few hou ...Read More >
New Delhi [India], July 15 (ANI): The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) wrote a letter to Piyush Goyal, Minister of Commerce and Industry, voicing concerns regarding the potential removal of restrictions on ethanol imports for fuel blending, amidst ongoing trade discussions with the United States. In the letter, ISMA emphasised the critical role of the Ethanol Blending Programme (EBP) in promoting clean energy and uplifting Indian farmers. ISMA highlighted that the gov ...Read More >
New Delhi: India's total exports of merchandise and services for June 2025 touched $67.98 billion, registering a growth of 6.5 per cent compared with the corresponding figure for the same month of the previous year, according to data released by the Ministry of Commerce and Industry on Tuesday. Total imports of merchandise and services combined went up by 0.5 per cent to $71.50 billion during the month compared with June 2024. India's total exports during the April-June quarter of 2025 are est ...Read More >
New Delhi [India], July 15 (ANI): The Indian Sugar & Bio-Energy Manufacturers Association (ISMA) wrote a letter to Piyush Goyal, Minister of Commerce and Industry, voicing concerns regarding the potential removal of restrictions on ethanol imports for fuel blending, amidst ongoing trade discussions with the United States. In the letter, ISMA emphasised the critical role of the Ethanol Blending Programme (EBP) in promoting clean energy and uplifting Indian farmers. ISMA highlighted that the gov ...Read More >
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for ...Read More >
NEW DELHI, July 15 (Reuters) - India's merchandise trade deficit (INTRD=ECI), opens new tab in June stood at $18.78 billion, according to Reuters' calculations based on export and import data released by the Ministry of Commerce & Industry on Tuesday. Economists had expected the June trade deficit to be at $22.24 billion, according to a Reuters poll, compared to $21.88 billion in the previous month. Exports of goods stood at $35.14 billion in June while imports were at $53.92 billion, compared ...Read More >
NEW DELHI (Reuters) -India's merchandise trade deficit in June stood at $18.78 billion, according to Reuters' calculations based on export and import data released by the Ministry of Commerce & Industry on Tuesday. Economists had expected the June trade deficit to be at $22.24 billion, according to a Reuters poll, compared to $21.88 billion in the previous month. Exports of goods stood at $35.14 billion in June while imports were at $53.92 billion, compared with $38.73 billion of exports and $ ...Read More >
New Delhi: India's merchandise trade deficit narrowed to $18.78 billion in June from $21.88 billion in May amid a shift in export and import activity, provisional data released by the Ministry of Commerce and Industry showed on Tuesday. Merchandise exports fell to $35.14 billion in June, compared with $38.73 billion in the previous month. Imports declined to $53.92 billion, down from $60.61 billion in May. In absolute terms, India had exported $35.20 billion worth of goods in June 2024, while ...Read More >
New Delhi, July 14 (UNI) The latest WPI (Wholesale Price Index) data marked wholesale inflation for June at negative 0.13%. It is the lowest recorded data since October 2023. WPI or Wholesale Price Index data is released by the Office of the Economic Advisor within DPIIT (Department for Promotion of Industry and Internal Trade). It comes under the Ministry of Commerce & Industry, Government of India. A WPI or Wholesale Price Index tracks major changes in the overall price of goods before they ...Read More >
New Delhi [India], July 14 (ANI): Wholesale inflation (WPI) in India turned negative in June at (-) 0.13 per cent as against 0.39 per cent in May, official data from the Ministry of Commerce and Industry showed on Monday. In April 2023, the wholesale inflation went into negative territory. Similarly, in the initial days of COVID-19, in July 2020, the WPI was reported to be negative. The negative rate of inflation in June 2025 was primarily due to a decrease in prices of food articles, mineral ...Read More >
New Delhi [India], July 14 (ANI): Wholesale inflation (WPI) in India turned negative in June at (-) 0.13 per cent as against 0.39 per cent in May, official data from the Ministry of Commerce and Industry showed on Monday. In April 2023, the wholesale inflation went into negative territory. Similarly, in the initial days of COVID-19, in July 2020, the WPI was reported to be negative. Also Read | 'Bade Achhe Lagte Hain' Season 4 Twist: Harshad Chopda's Rishabh To Break Hearts? Shivangi Joshi's B ...Read More >
New Delhi: The Ministry of Commerce and Industry has concluded a hectic week with Union Minister Piyush Goyal travelling across the country from Srinagar in the north to Bengaluru in the south for chairing various meetings to give a fillip to exports and industrial projects. The Minister held a crucial meeting with the Chairman of the State Bank of India and senior executives from other leading banks, ECGC Ltd., and department officials in Mumbai to review and explore opportunities related to ex ...Read More >
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