Union Minister of Commerce and Industry Shri Piyush Goyal today said that India has set a target of achieving exports worth 1 trillion dollars this year and 2 trillion dollars over the next five years, asserting that this would be the true hallmark of an Atmanirbhar Bharat. Addressing the website...
Important Points New Delhi: The Central Government has dismissed reports and social media claims suggesting that it plans to monetise gold held by temples and religious institutions across the country. In an official clarification issued by Press Information Bureau, the government described such reports as “false, misleading, and completely baseless.”...
India’s trade registered steady growth in July 2025, supported by robust sales to the United States and healthy performance across key sectors, according to provisional data released by the Ministry of Commerce & Industry,. Exports — both merchandise and services — grew to US$ 68.27 billion in July 2025, marking...
As global trade equations shift, even a single variable—like tariffs—can significantly impact results. For India’s food and beverage (F&B) sector, the recent 25% tariff imposition by the United States isn’t just a policy change—it’s a coefficient with the power to reshape margins, disrupt growth trajectories, and reconfigure long-standing trade models....
Despite geopolitical tensions and global trade disruptions, India’s exports showed resilience. The merchandise trade deficit narrowed to US$ 18.78 billion in June 2025 due to a sharp decline in imports, while services exports continued strong. However, merchandise exports slipped to a US$ 35.14 billion 9% lower than May 2025, according...
NITI Aayog’s Q3 FY25 “Trade Watch Quarterly,” report details India’s growing export potential due to the US’s new tariff structure. The report highlights that India is poised to grow its share in the US market due to favourable tariff differentials in key product categories. The country holds a competitive edge...
From bold structural moves like GST and the Production-Linked Incentive (PLI) scheme to investments in infrastructure, formalization of MSMEs, and the emergence of a robust startup ecosystem—the Modi government has aimed to reshape India’s economic landscape over the past 11 years. But has this vision translated into sustained industrial growth,...
Indian ports are well-positioned to benefit from the global China+1 strategy as companies diversify their supply chains away from China. Moody’s Ratings indicates that while Chinese ports may face financial difficulties in the short term, Indian and Indonesian ports could see a rise in activity. This shift is driven by...
India’s forthcoming National Telecom Policy (NTP) sets an ambitious vision for 2030, aiming to double telecom exports and achieve universal connectivity. The policy seeks to raise the ICT sector’s contribution to GDP to 11% while drawing substantial investments into telecom infrastructure. Key priorities include generating employment in emerging technologies such...
India’s export ecosystem is evolving in step with global security frameworks, particularly in the context of dual-use and sensitive goods. These are items—ranging from advanced machinery to chemicals and encrypted software—that can serve both civilian and military purposes. Their misuse poses national and global security threats, which is why robust...
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