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According to the Indian Embassy, the discussions were wide-ranging and built on ongoing dialogue between the two sides. India's Foreign Secretary Vikram Misri met senior officials from the United States Department of Defense and the United States Department of Commerce during a three-day visit, holding discussions aimed at strengthening defence and trade relations while reviewing key global developments. During the visit, Misri held meetings with Under Secretaries Michael Duffey and Elbridge C ...Read More >
Mumbai, Apr 9 (PTI) The rupee depreciated 17 paise to 92.71 against US dollar in early trade on Thursday as the fragile ceasefire and Iran's threat to step out of the talks if Israel kept bombing Lebanon kept investors wary. Forex traders said markets are in a wait-and-watch mode rather than strong directional positioning as the situation in West Asia remains fragile. Geo-Political uncertainty was still high amid Iran's threat to step out of the talks if Israel kept bombing Lebanon, keeping in ...Read More >
US envoy to India Sergio Gor met US Commerce Secretary Howard Lutnick on Tuesday. US envoy to India Sergio Gor met US Commerce Secretary Howard Lutnick and discussed the commercial roadmap for the two countries and the opening up of a market of 1.4 billion people for American products. In a social media post, Gor said he discussed with Lutnick a new Memorandum of Understanding that seeks to connect India's AI scale with the American AI ecosystem and also strong participation from New Delhi in ...Read More >
U.S. envoy to India Sergio Gor met U.S. Commerce Secretary Howard Lutnick here and discussed the commercial roadmap for the two countries and the opening up of a market of 1.4 billion people for American products. In a social media post, Mr. Gor said he discussed with Mr. Lutnick a new Memorandum of Understanding that seeks to connect India's AI scale with the American AI ecosystem and also strong participation from New Delhi in the upcoming SelectUSA Summit near here. "Productive meeting with ...Read More >
Striking a cautiously optimistic note, a senior official in the Commerce Ministry and representatives of the Pharmaceuticals Export Promotion Council of India on Saturday said FY26 pharma exports are expected to remain in the positive zone notwithstanding the West Asia war's impact on the March performance. For the 11 months upto February, the exports were nearly $28.29 billion as against the $26.79 billion in the corresponding period of previous fiscal. "We have already achieved 5.6% growth up ...Read More >
Hyderabad: India's pharmaceutical exports stood at over USD 28 billion up to February in the last financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutical exports have ...Read More >
New Delhi [India], April 4 (ANI): India's exports may have faced challenges in March due to external factors, but the government will have clearer data on the overall impact once official numbers are released later this month, Commerce Secretary Rajesh Agrawal said. Speaking about the country's export performance, Agrawal said that March saw certain difficulties due to global developments. "In March, there have been challenges because of different externalities, all of which you are aware of," ...Read More >
Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >
New Delhi [India], April 3 (ANI): US President Donald Trump's decision to impose a 100 per cent tariff on patented pharmaceutical imports--citing national security and supply chain risks following a Section 232 probe--is expected to have a mixed impact on India. Crucially for India, the proclamation clarifies that generic drugs--a segment in which Indian firms dominate globally--are exempt "at this time," adding that such products "shall not be subject to Section 232 tariffs." For India, the i ...Read More >
New Delhi [India], April 3 (ANI): US President Donald Trump's decision to impose a 100 per cent tariff on patented pharmaceutical imports--citing national security and supply chain risks following a Section 232 probe--is expected to have a mixed impact on India. Crucially for India, the proclamation clarifies that generic drugs--a segment in which Indian firms dominate globally--are exempt "at this time," adding that such products "shall not be subject to Section 232 tariffs." Also Read | Delh ...Read More >
New Delhi [India], April 1 (ANI): US Ambassador to India, Sergio Gor on Wednesday in an interview with Span Magazine said that defence and security cooperation represents India and US' most strategically significant area of collaboration. Gor was asked which areas of US-India cooperation hold the greatest potential to drive innovation, economic growth, and technological progress. To this, he said, "Defence and security cooperation represents our most strategically significant area of collabora ...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, 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 >
New Delhi: The Department of Commerce, under the Ministry of Commerce & Industry, convened a high-level stakeholder consultation to address the impact of the emerging geopolitical situation on India's export-import (EXIM) cargo and strengthen the export ecosystem. Stakeholders discussed the evolving operational environment, including changes in global shipping routes, transit timelines, vessel scheduling, container availability, freight and insurance costs and the impact on time-sensitive expor ...Read More >
A New Delhi workshop focused on global trends in investment facilitation, aiming to align India's domestic reforms with best practices. Experts discussed the WTO perspective, India's policy reforms, and rising FDI to boost ease of doing business. A workshop on "The Investment Facilitation Landscape: Emerging Trends and Approaches" was organised to examine emerging global trends in investment facilitation and ease of doing business. It brought together policymakers, experts and industry stakehol ...Read More >
The government has launched the Trade Intelligence and Analytics (TIA) portal, a consolidated data platform designed to give exporters, importers, startups and MSMEs real-time insights into global and domestic trade patterns. Commerce and Industry Minister Piyush Goyal said on Tuesday that the tool would equip businesses to make more informed decisions and strengthen their use of India's free trade agreements. Developed by the Department of Commerce, the TIA portal brings together multiple nat ...Read More >
(The Center Square) - Indian conglomerate Reliance Industries said Friday it will adjust its refining operations to abide with U.S. and European sanctions on purchases of Russian crude oil. Reliance, India's largest oil importer, said in a statement posted on X that it is assessing the impact of restrictions announced in recent days by the European Union, United Kingdom and United States. The company said it will fully comply with applicable regulations while maintaining relationships with supp ...Read More >
Indian paper industry warns of a surge in imports following GST reforms, potentially undermining 'Make in India'. With uncoated paper for notebooks now tax-free on imports, domestic manufacturers face higher costs and reduced competitiveness. This change could significantly impact the education sector and burden students with increased prices. Indian paper industry has raised concern over the potential surge in paper imports following the recent GST reforms, warning that the move could erode do ...Read More >
Visakhapatnam: Seafood exports to the European Union have increased by 20 per cent -- and exporters are widening their markets to offset the higher US tariff impact on exports from India. EU-bound exports reached 215,080 metric tonnes worth Rs 9,430 crore (US$ 1,125.6 million), led by shrimp, cuttlefish and squid in frozen form. Significantly, the EU has listed 102 new Indian fishery establishments for export from this country to European member countries. "Following the 50 per cent hike by th ...Read More >
New Delhi [India], October 17 (ANI): The University of Delhi (DU) on Friday constituted an inquiry committee to investigate the alleged physical assault on a faculty member by Deepika Jha, Joint Secretary of the Delhi University Students' Union (DUSU), at BR Ambedkar College. The six-member committee will be chaired by Professor Neeta Sehgal from the Department of Zoology. The panel has been tasked with investigating the incident and submitting a factual report at the earliest, with DU Vice-Cha ...Read More >
The incident has drawn widespread condemnation from the university's teaching community. ShowQuick Read Summary is AI-generated, newsroom-reviewed * A Delhi University professor was slapped during a campus altercation with DUSU joint secretary Deepika Jha * The professor is Sujit Kumar, convenor of the college disciplinary committee investigating campus violence * The Delhi University Teachers' Association has demanded swift and decisive action Did our AI summary help? Let us know. Switc ...Read More >
Rajesh Agrawal assumed charge as Secretary, Department of Commerce, on Wednesday. He succeeded Sunil Barthwal, who retired September 30. Agrawal has three decades of experience in governance. He previously oversaw India's trade negotiations with various countries. He was chief negotiator for the India-US Bilateral Trade Agreement. He also managed export promotion for agriculture and allied sectors. Senior IAS officer Rajesh Agrawal on Wednesday assumed charge as Secretary, Department of Commerc ...Read More >
New Delhi, Oct 1 (IANS) Rajesh Agrawal, a 1994-batch IAS officer, has taken over as the new Secretary of the Department of Commerce, Ministry of Commerce and Industry, it said on Wednesday. Agrawal is a seasoned administrator with nearly three decades of experience in governance, policy making and implementation across several sectors, including skilling, human resource development, apprenticeship, power, fertiliser, agriculture, and MSMEs. He played a key role in shaping India's skill develop ...Read More >
New Delhi [India], September 29 (ANI): The Indian Institute of Foreign Trade (IIFT) inaugurated the International Trade Negotiations Program for officials of the Department of Commerce (DOC) today. Organised by IIFT's Centre for International Negotiations (CIN), the program is designed to strengthen the negotiation skills of government officials and bolster India's global trade engagement, the Ministry of Commerce and Industry said. Commerce Secretary, Sunil Barthwal, graced the occasion as Chi ...Read More >
New Delhi [India], September 29 (ANI): The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce & Industry, hosted an outreach programme on the recently concluded India-UK Comprehensive Economic and Trade Agreement (CETA) at Bharat Mandapam, New Delhi. According to a press release, the event brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to discuss the transforma ...Read More >
New Delhi [India], September 29 (ANI): The Directorate General of Foreign Trade (DGFT), Regional Authority Delhi, under the Ministry of Commerce & Industry, hosted an outreach programme on the recently concluded India-UK Comprehensive Economic and Trade Agreement (CETA) at Bharat Mandapam, New Delhi. According to a press release, the event brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to discuss the transforma ...Read More >
New Delhi, Sep 26 (PTI) India and the US have decided to continue negotiations for early conclusion of a mutually beneficial bilateral trade agreement, the Commerce Ministry said on Friday. The statement was issued after the return of the Indian official delegation led by Commerce and Industry Minister Piyush Goyal to New York for trade talks. The delegation returned on September 24 after holding three-day talks. Both sides held constructive meetings on various aspects of the trade deal, the ...Read More >
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