Commerce Ministry
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India's first reaction after US Supreme Court strikes down Trump's tariffs: 'Studying developments'
Business | Feb 21, 2026, 11:48 PM ISTThe Commerce Ministry said US President Trump has addressed a press conference in that regard and some steps have been announced by the US Administration.
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'India-US trade deal to boost agricultural export,' assures Govt official amid farm sector worries
India | Feb 04, 2026, 12:03 AM ISTIndia exports agricultural goods worth about USD 3.4 billion to the US each year, while imports from the American market stand at roughly USD 2.1 billion. This trade balance, the official said, reflects the strength of Indian agriculture in meeting global demand.
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Piyush Goyal hails PM Modi for historic India-US trade deal, tears into Rahul Gandhi | Video
India | Feb 03, 2026, 06:13 PM ISTSpeaking over the alleged apprehensions of the dairy and agriculture sector over the deal, Piyush Goyal said PM Modi has worked proactively to protect the interests of people involved in these two areas. He said both sectors have been protected in the deal.
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India concludes fourth round of FTA talks with New Zealand; both sides aim for fast‑track conclusion
India | Nov 07, 2025, 07:40 PM ISTIndia and New Zealand had previously negotiated a Comprehensive Economic Cooperation Agreement (CECA) starting in April 2010, aiming to boost trade in goods, services, and investment. However, after nine rounds, the talks stalled in 2015.
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India plans to diversify exports to evade Trump's 50% tariffs; 50 countries shortlisted: Report
Business | Aug 12, 2025, 02:48 PM ISTThe initiative aims to reroute goods impacted by rising tariffs, such as textiles, seafood, engineering products, gems and jewellery, petroleum items, and chemicals, toward new markets using focused trade promotion and enhanced market access strategies.
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Modi govt analysing impact of Trump's 26% reciprocal tariff on India: 'It's mixed bag, not setback'
India | Apr 03, 2025, 10:04 AM ISTTrump's announcement comes as part of a broader effort to confront nations he believes are taking advantage of the US through trade imbalances and restrictive policies. The introduction of a 26 per cent reciprocal tariff by the US could have significant implications for India's trade sector.
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India sets new export record, registers at USD 778 billion in 2023-24: Report
Business | May 16, 2024, 08:38 AM ISTThe just-concluded financial year, 2023-24, saw India's exports soaring to unprecedented heights, surging past the remarkable milestone of USD 778 billion. The surge in exports reflects the concerted efforts of various stakeholders, including government initiatives and proactive policy reforms.
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At Davos, India reinforces its status as a preferred investment destination
World | Jan 16, 2024, 11:07 PM ISTThe India Investment Centre, it said, will serve as the centre for Government-to-Business (G2B) and Business-to-Business (B2B) networking, hosting roundtables and sessions.
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UPI goes global: NPCI inks pact with UAE’s Al Etihad Payments to facilitate cross-border transaction
World | Oct 05, 2023, 07:02 PM ISTThe Ministry underscored that the development will facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE's digitisation agenda, increase alternate payment options, reduce the cost of payments, and enhance the UAE's competitiveness.
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DPIIT website NOT hacked, was on routine maintenance mode: Ministry
India | Jun 22, 2020, 08:21 PM ISTThe Ministry of Commerce on Monday refuted reports of the DPIIT website being hacked. The clarification came after several reports claimed that the website became a victim of a phishing attack, and that site showed a Chinese letter showing on its screen that seemed to mean "meditation".
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Bharti Airtel put under blacklist for non-fulfilment of export obligation
Business | Jan 28, 2020, 06:39 PM ISTThe Directorate General of Foreign Trade (DGFT), which is under the Commerce ministry, has put Bharti Airtel under entry list which is commonly known as blacklist for non-fulfilment of export obligation in respect of certain EPCG authorisation issued to them. Following the move, the company will not be able to avail any export benefit or licence from the DGFT.
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Airports may incur Rs 650 crore per year loss if duty-free liquor restricted: APAO
Business | Jan 21, 2020, 09:18 PM ISTIndian airports are likely to incur a revenue loss of Rs 650 crore per annum and could potentially turn defaulters if the commerce ministry's proposals on the sale of liquor and cigarette at duty-free shops are accepted, an industry body warned on Tuesday.
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Cut in gold import duty in Budget 2020? Commerce Ministry puts forward proposal
Business | Jan 17, 2020, 11:40 AM ISTThe commerce ministry has sought reduction in the import duty on gold in the forthcoming budget with a view to pushing exports and manufacturing of the gems and jewellery sector, a source said.
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SEPC for adding more services under export incentive scheme to boost shipments
Business | Nov 10, 2019, 11:30 AM ISTDepending on the nature of services, the government gives duty credit scrips or certificates. The scheme offers reward at 5 per cent or 7 per cent of net foreign exchange earned and covers service providers located in India.
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India probing alleged dumping of polystyrene from 6 nations
India | Jul 11, 2019, 05:58 PM ISTCommerce Ministry's investigation arm DGTR has begun the investigation after finding sufficient evidence of dumping of the product from Iran, Malaysia, Singapore, Chinese Taipei, UAE and the US.
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Commerce ministry seeks stakeholder comments for next foreign trade policy
India | Jul 01, 2019, 08:23 PM IST"It has been decided to revise the current foreign trade policy (2015-20). Therefore, suggestions/inputs are hereby invited from all the stakeholders for framing the proposed new FTP," the directorate general of foreign trade (DGFT) has said in a notice.
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India rejects US claims of imposing 'tremendously high' tariffs on its goods
Business | Mar 05, 2019, 03:38 PM IST"We do not agree with that at all. Our tariffs (import duties) are very consistent with the bound rates that we are entitled to in the WTO," Commerce Secretary Anup Wadhawan told reporters here.
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India imposed anti-dumping duty on 99 Chinese products as on January 28: Commerce Ministry
India | Feb 04, 2019, 05:07 PM ISTTo protect domestic players from cheap imports, India has imposed anti-dumping duty on as many as 99 Chinese products as on January 28 this year, Parliament was informed on Monday.
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Commerce ministry plans workshops in different states to implement agri-export policy
Business | Jan 14, 2019, 02:45 PM ISTThe ministry has suggested states to set up a nodal agency dedicated for the implementation of the agriculture export policy.
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Export logs 6-month high growth of 25.6% in September
Business | Oct 14, 2017, 07:15 PM ISTImport too rose by 18.09 per cent to USD 37.6 billion in September from USD 31.83 billion in the year-ago month, according to the data released by the commerce ministry.