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Trade and Commerce

TREND | 29 May 2025, 11:04PM

Sunil Mittal urges industry to adopt 'India-first' focus on talent, RD

Business Standard

Bharti Group Chairman Sunil Mittal on Thursday exhorted the industry to prioritise an 'India-first' approach, rising above individual or sectoral interests to contribute to nation-building as the telecom sector doyen advocated prioritising of talent dividend, stepping up R&D, trade reset and a collaborative framework between industry and government. Speaking at the CII Annual Business Summit 2025, Mittal also advised companies to emulate the 'Tata' mould of trust as he highlighted the respect commanded by the 'house of Tatas'. Citing the progress made towards trade pacts between India and key nations, Mittal exuded confidence that the government will safeguard industry's interests in trade agreements, but asserted at the same time, that it is important that the "industry and chambers don't ask for things which will make FTAs difficult". Stating that lakhs of crores are stuck in litigation around direct taxes, indirect taxes, and other regulatory matters, the industry stalwart said

Trade and Commerce

TREND | 29 May 2025, 10:32PM

Trade, Markets Being Weaponised; US Driving Tariff, Deficit Narrative: Commerce Ministry Official

NDTV Profit

Global supply chains and capacities are over concentrated, and businesses are finding it difficult to focus on fundamentals, says Rajesh Agrawal.

Trade and Commerce

TREND | 29 May 2025, 10:20PM

UK Flags New Indian Market For Scottish Salmon Trade After FTA

NDTV Profit

Downing Street has this week been highlighting benefits of the India-UK FTA and other trade pacts struck in its wake with the US and European Union in an effort to showcase the sectors and regions across the United Kingdom set to benefit.

India-UK FTA spurs export hopes for jewellery sector

Business Line | 29 May 2025, 08:25PM 1 more

Trade and Commerce

TREND | 29 May 2025, 04:02PM

Govt set to relax rules under Advance Authorisation scheme for exporters

Business Standard

Exporters may soon be eligible for Advance Authorisation benefits even if goods are shipped before licence issue, provided the Bill of Entry is filed after the licence date

Trade and Commerce

TREND | 28 May 2025, 02:43PM

Pernod Ricard to cut Scotch prices in India after UK trade deal

Business Standard

The India-UK FTA will reduce Scotch import duties from 150% to 40% over 10 years, making premium spirits more affordable for Indian consumers

Carbon tax not part of India-UK FTA, to be discussed outside

Business Line | 27 May 2025

Trade and Commerce

TREND | 27 May 2025

Piyush Goyal Meets Exporters, Urges Higher FTA Use; US, EU Trade Deals Figure In Discussions

NDTV Profit

The minister also stated that support could be provided to exporters to deal with European Union regulations like Digital Product Passport, they said.

Trade and Commerce

TREND | 27 May 2025

India Aiming For $1 Trillion Exports In FY25, Hoping For US Mini Trade Deal Next Month: FIEO

NDTV Profit

Order books have started filling up again after a slow one-two month phase, said Federation of Indian Export Organisations President SC Ralhan.

Trade and Commerce

TREND | 27 May 2025

Government Plans Centralised Exporters Portal; Piyush Goyal To Meet Export Promotion Councils Today

NDTV Profit

The proposed portal will be designed to serve as a one-stop platform for global importers to discover Indian goods and services across sectors.

Trade and Commerce

TREND | 27 May 2025

India's goods, services exports may reach $1 trillion in FY26: FIEO

Business Standard

The country's overall goods and services exports are expected to reach USD 1 trillion during 2025-26, according to apex exporters' body FIEO. In 2024-25, the exports were aggregated at USD 825 billion. Federation of Indian Export Organisations (FIEO) President S C Ralhan said merchandise exports will increase from USD 437 billion to USD 525-535 billion in 2025-26. He said that services exports may rise from USD 387 billion to USD 465-475 billion this fiscal. The main sectors which can help push the exports include electrical and electronics (USD 60 billion), machinery (USD 40 billion), chemicals (USD 40 billion), pharmaceuticals (USD 30 billion), petroleum (USD 70 billion), apparel and madeups (USD 23-25 billion), gems and jewellery (USD 30-35 billion) and agriculture (USD 55 billion).

Trade and Commerce

TREND | 27 May 2025

Qatar's share in India's LNG imports hits 3-year low as US gains ground

Business Line

According to the GIIGNL's 2025 report, India imported 27 million tonnes of LNG in 2024, marking a 23 per cent year-on-year growth, the second-largest global rebound.