Govt Allows SEZ Units 30% Domestic Sales with Concessional Duty
The Indian government permits SEZ units to sell up to 30% of turnover domestically with concessional duty, aiming to aid 1,200 units amid global disruptions.
Category : Trade & Export
Lucknow Airport Unveils New City Bus Services for Better Connectivity
Chaudhary Charan Singh International Airport in Lucknow has inaugurated two new city bus routes from Terminal-3, connecting to Hazratganj and Awadh bus station. This initiative aims to provide affordable, reliable transport for passengers and reduce traff
Nagpur Auto Drivers Hit by LPG Price Surge and Supply Shortage
Autorickshaw drivers in Nagpur are struggling as LPG prices have nearly tripled to ₹150 per litre, with supply disruptions from the West Asia conflict forcing pump closures and reducing daily earnings.
Iran War Disrupts Urea Supply, Threatens India's Kharif Season
The Iran conflict and Strait of Hormuz disruptions are severely impacting India's urea imports and domestic production, risking fertilizer shortages for the 2026 kharif season. This crisis threatens agricultural productivity in key states like UP, Punjab,
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Jaipur Air Cargo Facility to Boost Rajasthan MSME Exports
Rajasthan Small Industries Corporation establishes a state-of-the-art air cargo facility at Jaipur's ICD under the TIES scheme, featuring cold storage, e-commerce support, and advanced logistics to enhance export competitiveness for MSMEs.
Untimely Rains Devastate Wheat Crops in Punjab and Haryana
Untimely rain, hailstorms, and gusty winds have caused massive crop damage in Punjab and Haryana, with over 3000% excess rainfall recorded in 24 hours, flattening wheat at the ripening stage and sparking farmer distress ahead of harvest.
India Defence Exports Hit Record Rs 38,424 Crore in FY26
India's defence exports soared by over 62% to a record Rs 38,424 crore in FY26, driven by global demand for indigenous systems and manufacturing capabilities, with exports now reaching over 80 countries.
Jeevesh Sabharwal Offers Free Dubai Accommodation Amid Crisis
Indian entrepreneur Jeevesh Sabharwal provides free accommodation in Dubai for travellers stranded due to the Middle East crisis, showcasing community support.
India-Oman FTA to Take Effect from May 1, Says Piyush Goyal
Commerce Minister Piyush Goyal announced at the WTO Ministerial Conference that India will implement its Free Trade Agreement with Oman starting May 1, 2024, aiming to boost bilateral trade and economic ties.
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LPG Shortage from Iran-Israel War Hits Telangana Hotels, Migrant Workers
Telangana's hospitality industry faces severe disruption as a 50% LPG shortage, caused by the Iran-Israel conflict, forces hotel closures, menu cuts, and migrant worker layoffs.
India Waives Petrochemical Duties Amid Middle East Supply Crisis
The Indian government has removed customs duties on 40 petrochemical products, costing an estimated ₹18 billion in revenue, to address supply disruptions from the Middle East conflict until June 2026.
West Asia War Hits India's Glass Heartland, Tests Manufacturing
India's glass manufacturing sector faces severe disruptions due to the West Asia conflict, exposing vulnerabilities from heavy gas reliance and testing New Delhi's industrial ambitions.
India-Australia ECTA: Exports Double in 4 Years
India's exports to Australia have more than doubled since the implementation of the Economic Cooperation and Trade Agreement (ECTA) four years ago, according to the Commerce Ministry.
India's Defence Exports Hit Record Rs 38,424 Crore in FY25-26
India's defence exports have reached an unprecedented high of Rs 38,424 crore in the financial year 2025-26, marking a significant milestone in the nation's push for self-reliance and global military trade.
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Air India Launches 4 Daily Flights to Halwara from May 15
Air India announces the launch of four daily flights connecting Halwara with Delhi starting May 15, using A320 aircraft to enhance connectivity for Ludhiana and surrounding regions.
Air India, IndiGo Run 64 Flights in West Asia Airspace
Air India and IndiGo are operating 64 flights today to navigate West Asia airspace challenges, ensuring connectivity for passengers amid regional tensions.
Punjab Transport Workers Protest Labour Codes, Mark Black Day
Contract workers' unions of Punjab Roadways, PUNBUS, and PRTC observed a 'Black Day' in Ludhiana, protesting four labour codes they deem exploitative and anti-worker, threatening intensified agitations.
Surat Airport to Launch Duty-Free Shops in 4-5 Months
The Airports Authority of India has initiated the process to establish duty-free outlets at Surat International Airport, with operations expected to begin within four to five months, boosting the city's global connectivity.
West Asia Conflict Drives 40-60% Surge in India's International Airfares
Escalating tensions in West Asia have triggered a sharp 40-60% surge in international airfares from India, disrupting travel plans and dampening demand ahead of the peak summer holiday season.
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Bengaluru Airport Gets Level 5 Customer Experience Accreditation
Kempegowda International Airport in Bengaluru has received the highest Level 5 accreditation from Airports Council International for its exceptional customer experience initiatives.
US Flags Trade Barriers in India Pharma Market, Cites Ayushman
A US government report highlights significant trade barriers in India's pharmaceutical sector, including the exclusion of US drugs from the Ayushman Bharat scheme, impacting market access and pricing.
Mumbai Port Hits Record 75.15 MMT Cargo, 9.5% Growth
Mumbai Port Authority recorded its highest-ever cargo throughput of 75.15 million metric tonnes in 2025-26, marking 9.5% growth. It also led in cruise tourism with 95 calls and advanced shipbuilding projects.
India Restricts Gold, Silver Jewellery Imports Over FTA Misuse
The Indian government has imposed import curbs on gold and silver jewellery to prevent misuse of free trade agreements, particularly the India-ASEAN FTA, with industry officials calling for streamlined licensing to protect genuine importers.
India's Costly Oil Backup Plan Amid Gulf War Uncertainty
India is rapidly diversifying oil and gas imports from the Gulf to ensure energy security during the West Asia war, but higher freight costs pose a significant economic challenge.
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India Rejects Crude-for-LPG Swap Deal with Japan
An Indian official has confirmed that India will not proceed with a proposed crude oil-for-LPG swap deal with Japan, citing strategic and economic considerations.
UAE Sets Remote Work Rules Amid Regional Tensions for Safety
The UAE's Ministry of Human Resources and Emiratisation has detailed remote work regulations for the private sector, covering hours, leaves, and employer obligations to ensure clarity during ongoing regional conflicts.
US Lists India's Satellite, Internet Policies as Trade Barriers
The US 2026 National Trade Estimate Report criticizes India's preference for domestic satellites in DTH services and localized internet shutdowns as trade barriers, citing increased takedown requests for US firms.
US Report Flags India's High Import Duties, Trade Barriers
A US government report highlights India's elevated import tariffs and complex non-tariff barriers, posing challenges for American exporters and impacting bilateral trade relations.
Airfares to Rise with Jet Fuel Price Hike, Affecting Travel
Aviation officials warn that airfares are likely to increase significantly due to a steep rise in jet fuel prices, forcing airlines to adjust fares to cover higher operational expenses.
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Fly91 Starts Hyderabad-Bengaluru Flight via Hubballi
Fly91 airline introduces a new flight connecting Hyderabad and Bengaluru with a layover in Hubballi, enhancing regional connectivity in Karnataka and offering more travel options for passengers.
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