Topic
import
Commodities India’s Pulse Self-Sufficiency Push Undercut by Stock Controls and Subsidised Sa
India's Mission for Aatma Nirbharta in Pulses, announced in Budget 2025-26, aims for self-sufficiency by 2027 through government procurement. However, recurring stock-holding limits on tur, urad, and chana, along with subsidised buffer stock releases through Bharat Dal, erode the private market infrastructure and NCDEX futures market that are essential for price signals and farmer acreage decisions, according to a report by The Hindu BusinessLine.
Trade Democrats Push for Reinstatement of China Port Tax
Democrats in Congress are advocating for the reinstatement of a port tax on Chinese ships, which was suspended in May. The tax, amounting to $3.2 billion annually, aims to protect the U.S. shipbuilding industry.
Regulations & Compliance India Extends Anti-Dumping Duty on Aluminium Foil Imports
The Indian government has extended the anti-dumping duty on aluminium foil imports from China and three other nations until December 15, 2026. This decision follows requests from companies like Hindalco Industries and SRF Altech.
Trade Bangladesh Wheat Tender Norms Challenge Indian Exporters
Bangladesh's recent wheat tender imposes specifications that may exclude Indian exporters due to competitive pricing and stringent quality requirements. Indian wheat's test weight and cost structure are key barriers.
Trade Chinese Investors Seek Indirect SpaceX Exposure
Chinese investors are exploring indirect avenues to gain exposure to SpaceX's IPO after being barred from direct participation. They are turning to offshore brokerage accounts and domestic investments in China's space sector.
Trade India-US Energy Cooperation Aims for $500 Billion Trade by 2030
A report highlights the potential of India-US energy cooperation to achieve a $500 billion trade target by 2030. The partnership focuses on hydrocarbons and advanced technologies.
Trade New Tariffs Trigger Early Trans-Pacific Peak Season
New tariffs and rising fuel costs have accelerated the trans-Pacific peak shipping season, with significant rate hikes reported. The U.S. Trade Representative's new tariffs on 60 countries and potential tariffs on Brazil and others are key factors.
Trade India Supports OMCs Amid Rising Crude Prices
The Indian government has allocated ₹1.23 lakh crore to Oil Marketing Companies (OMCs) to mitigate the impact of rising crude oil prices. This support includes an excise duty cut and is aimed at easing consumer burden during the West Asia conflict.
Trade India's Gold Tariff Hike Spurs Smuggling Surge
India's recent gold tariff hike has led to a resurgence in smuggling, with illegal imports potentially exceeding 100 tons in 2026. This has created challenges for banks and refiners, as grey market discounts disrupt legal trade.
Trade India, Indonesia Strengthen Trade Ties Amid Strategic Talks
India and Indonesia are enhancing their bilateral trade and defense cooperation following the 8th Joint Commission Meeting. Key discussions included maritime trade, investments, and security, building on the Comprehensive Strategic Partnership established in 2018.
Trade Global Trade Dynamics: Key Updates for Import/Export
Recent global trade developments have significant implications for import/export professionals. Key updates include changes in tariff rates, trade policy adjustments, and bilateral trade agreements. These changes are crucial for maintaining competitive advantage in international markets.
Trade India's Seed Sovereignty: A Strategic Shift
India's strategic focus on seed sovereignty has led to over 10,500 plant variety registrations under the Protection of Plant Varieties and Farmers’ Rights Act, 2001. This move aligns with global debates on genetic resources and digital sequence information.
Supply Chain Cold Storage Bottlenecks as Gulf Cargo Diverts to India
The diversion of Gulf cargo to India has led to significant cold storage bottlenecks, affecting supply chain operations. This disruption has caused inventory challenges and increased costs for companies relying on timely imports.
Trade India, UK Strengthen Ties with New Trade Initiatives
India and the UK have launched new initiatives to enhance cooperation in critical minerals and maritime security. These efforts aim to strengthen bilateral trade and ensure resilient supply chains.
Trade India-UK Launch Critical Minerals Supply Chain Observatory
India and the UK have launched the Critical Minerals Global Supply Chain Observatory to bolster India's capabilities in critical mineral supply chains. This initiative aims to enhance cooperation and secure resources for clean energy and advanced technologies.
Trade US Proposes New Tariffs on India Amid Trade Talks
The US Trade Representative has proposed new tariffs on India under Section 301, citing unfair trade practices. This move comes during ongoing trade negotiations between the US and India.
Trade Descartes Achieves Record Revenue Amid Trade Challenges
Descartes reported a record $194 million in revenue for its fiscal first quarter of 2027, marking a 15% increase year-over-year. The company attributes its growth to increased demand for its supply chain solutions amid a challenging global trade environment.
Trade Akashvani News on Trade Developments
Read the full story for in-depth analysis.
Trade India Enforces Stricter Silver Import Curbs
India has imposed stricter controls on silver imports, requiring DGFT approval for grains and powder. This move aims to curb imports and ease pressure on the rupee.
Trade Akashvani News on Trade
Read the full story for in-depth analysis.
Trade US May End Russian Oil Waivers Amid Global Energy Concerns
The US is considering ending sanction waivers on Russian oil imports, initially granted to stabilize global energy supplies. The decision, pending from the Department of Treasury, could affect countries like India that benefited from these waivers.
Trade India-US Trade Agreement Nears Completion
The India-US interim trade agreement is 99% finalized, with completion expected soon. This deal aims to enhance bilateral trade and economic ties.
Trade India and US Engage in Trade Dialogue Amid Proposed Tariffs
India is actively engaged with the US regarding proposed tariffs under Section 301 of the U.S. Trade Act of 1974. The Ministry of Commerce and Industry is working towards a framework agreement, with public hearings scheduled for July.
Trade US Pressures India on Russian Oil Imports Again
The US, led by Secretary of State Marco Rubio, is renewing pressure on India to halt Russian oil imports, citing geopolitical concerns. This move revives tensions in US-India trade relations, with India emphasizing its energy autonomy.
Trade India-US Agriculture Cooperation Strengthened at USIBC Meeting
The US-India Business Council hosted a meeting in Washington to discuss India-US agricultural cooperation, led by IFFCO Chairman Dileep Sanghani. The dialogue focused on enhancing collaboration in agricultural productivity, technology adoption, and food security.
KUFOS Hosts Blue India 2026: Boosting India's Blue Economy
The Kerala University of Fisheries and Ocean Studies (KUFOS) will host the Blue India 2026 conference from June 4-6, focusing on India's blue economy. Key figures include Roy D. Palmer and N. Felix.
Trade India Reconsiders Scotch Tariff in UK Trade Deal
India is reviewing tariff concessions on Scotch whisky in its trade deal with the UK due to unresolved issues over steel quotas and duties. The trade agreement, initially set for May, has been postponed indefinitely as negotiations continue.
Trade China's New Tech Regulations Impact India Trade
China's new regulations, effective July 1, 2026, may delay India's tech imports in electronics and automobiles. The rules empower China to scrutinize outbound tech transfers, impacting bilateral trade valued at $155 billion in 2025.
Trade India Issues Second Tender for 70 Lakh Tonne Urea Amid Price Surge
India has floated a second global tender to import 70 lakh tonne of urea for the kharif season, despite a significant price increase. The move aims to ensure sufficient fertilizer supply amid Middle East disruptions.
Trade India, Australia to Forge Defence Trade MoU
India and Australia are set to develop a Memorandum of Understanding (MoU) on the provision of defence articles and services. This follows the second Defence Ministers' Dialogue, reinforcing their strategic alignment in the Indo-Pacific region.
Trade Queensland Eyes India for Agri-Biz Partnership
Queensland, Australia's second-largest province, is exploring new food and agribusiness partnerships with India. The collaboration aims to leverage premium products like macadamias and avocados, supported by the Australia–India Economic Cooperation and Trade Agreement.
Trade Asian Markets Tumble Amid Global Trade Concerns
Asian stock markets experienced a significant downturn, with major indices like the BSE Sensex and NSE Nifty dropping sharply. This decline is attributed to escalating global trade tensions.
Trade Akashvani News on International Trade
Read the full story for in-depth analysis.
Trade India Targets Myanmar Rare Earths Amid Diplomatic Visit
India is exploring rare earth imports from Myanmar during President Min Aung Hlaing's visit. Bilateral trade has grown 23% to $2.15 billion in FY25, with pulses dominating Myanmar's exports.
Trade India Shifts Soybean Trade: Cancels Exports, Boosts African Imports
India cancels 25,000 tons of soymeal export contracts due to soaring domestic prices and turns to importing 80,000 tons of soybeans from Africa. The shift affects traditional trade flows and highlights the premium pricing of non-GM African soybeans.
Trade India's Gherkin Exports Reach $307M in FY26 Amid US Tariffs
India's gherkin exports soared to $307 million in FY26, overcoming US tariff challenges. Key markets like Germany and Russia increased imports, offsetting declines in the US and Europe.
Trade China Rejects Indian Rice Over Alleged GMO Presence
China has rejected multiple consignments of Indian non-basmati rice, alleging the presence of GMOs, despite India's assertion that no GM rice is grown in the country. This ongoing issue has led to significant trade tensions between the two nations.
Trade India Seeks 1.7 Million Tons of Urea Amid Supply Disruptions
India has issued a tender to import 1.7 million tons of urea due to disrupted gas supplies from the Middle East. The tender, managed by National Fertilizers Ltd., aims to secure fertilizer ahead of the monsoon sowing season.
Trade India Grants 5-Month Duty Relief on Cotton Imports
India has announced a five-month duty exemption on cotton imports from June 1 to October 31, 2026. This measure aims to reduce input costs for the textile industry and enhance export competitiveness.
Trade India-Oman CEPA: Key Benefits and Sector Gains
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) becomes effective June 1, 2026, enhancing trade by eliminating tariffs on key exports. This agreement significantly benefits sectors like engineering goods, pharmaceuticals, and textiles, while also facilitating professional mobility.
Trade Canada plans trade mission to India this year
Read the full story for in-depth analysis.
Trade India Becomes Net Importer of Finished Steel in April
In April, India imported 0.7 million metric tons of finished steel, marking a 30.8% increase from the previous year, while exports rose by 24.9% to 0.5 million tons. China, South Korea, Japan, Vietnam, and Russia were the primary exporters to India.
Trade NECTAR and IHA Partner to Boost North-East Honey Trade
The North East Centre for Technology Application and Reach (NECTAR) and the India Honey Alliance (IHA) have signed a five-year MoU to enhance the honey and beekeeping sector in North-East India. This partnership aims to build a sustainable honey ecosystem, improve farmer incomes, and position the region as a premium honey producer.
Trade Western Disturbance May Impact India's Monsoon
Read the full story for in-depth analysis.
Trade Golden Tips Tea Expands Trade in West Bengal
Golden Tips Tea, a historic Indian tea brand, plans to expand its trade operations in West Bengal within six months. The company aims to leverage a franchise model for broader market penetration.
Trade India Waives Cotton Import Duty to Boost Textile Exports
India's Finance Ministry has waived the 11% import duty on cotton from June 1 to October 31, 2026, to support the textile industry. This move aims to stabilize input costs and enhance competitiveness in global markets.
Trade India, Canada Strengthen Trade Ties with New Forum
India and Canada have launched a new trade and investment forum aimed at enhancing bilateral trade relations. The forum seeks to foster commercial partnerships and increase business engagement between the two nations.
Trade India, US Forge Pact on Critical Minerals, Rare Earths
India and the US have signed a bilateral framework to secure the supply chain of critical minerals and rare earths. This agreement, signed during the Quad Foreign Ministers' meeting, aims to enhance cooperation in mining, processing, and recycling.
Trade Quad Commits $20 Billion to Boost Critical Minerals Supply
The Quad nations have pledged to invest $20 billion to enhance critical minerals supply chains. This initiative aims to bolster mining, processing, and recycling efforts, ensuring economic growth and security.
Trade Christmas Orders from US, Europe Drop Amid West Asia Crisis
Christmas-themed exports from India to the US and Europe have decreased by 10-15% due to the ongoing West Asia crisis. Exporters face challenges with rising costs and reduced demand.
Trade India-Canada Trade Talks: Goyal's Strategic Roadmap
India's Union Minister Piyush Goyal engaged with Canadian corporate leaders to enhance bilateral trade, focusing on sectors like financial services, agriculture, and critical minerals. The discussions aim to deepen collaborations and position India as a global export hub.
Trade Canada Plans Trade Mission to India Amid Goyal's Toronto Talks
Canada will send a trade mission to India in November, focusing on sectors like AI and clean technology. Indian Minister Piyush Goyal met with Canadian investors in Toronto to discuss bilateral trade opportunities.
Trade India-Russia Forge Strategic Trade Ties in Key Sectors
India and Russia are strengthening their economic cooperation by focusing on strategic sectors such as energy, trade, and critical minerals. This initiative aims to foster long-term industrial and economic development.
Trade India Shifts Oil Imports to Latin America, Africa Amid Hormuz Crisis
India has increased oil imports from Latin America and Africa due to disruptions in the Strait of Hormuz. This strategic shift aims to stabilize supply amid regional tensions.
Trade Iran Conflict Reshapes Persian Gulf Food Trade
The Iran conflict is reshaping food systems in the Persian Gulf, emphasizing the need for shorter, diversified supply chains. The UAE, heavily reliant on imports, is adapting through technology and local sourcing.
Trade India's Oilmeal Exports Drop 13% Amid Shipping Woes
India's oilmeal exports decreased by 13.22% in 2025-26, impacted by Red Sea shipping disruptions and global competition. Freight costs rose as shipping routes detoured around the Cape of Good Hope.