Category : Trade & Export


India May Introduce Chapter 99 for Digital Goods in Budget

India continues its longstanding opposition to the WTO moratorium on customs duties for digital goods, citing revenue losses and sovereignty concerns. The upcoming budget may introduce Chapter 99 to classify digital goods, setting the stage for future dut

India-EU FTA to Boost Trade by $5 Billion

India and the European Union are set to finalize a Free Trade Agreement expected to increase bilateral trade by $5 billion. The deal includes a strategic partnership with Switzerland to enhance aviation and technology sectors.

India-EU Trade Deal Undercuts Pakistan's GSP Plus Edge

India's free trade agreement with the EU grants duty-free access to European markets, threatening Pakistan's preferential GSP Plus status in textiles and apparel, potentially impacting millions of jobs.

Saudi Arabia's 54-Day Ramadan Sales Season Announced

Saudi Arabia's Ministry of Commerce announces a 54-day Ramadan sales season from February 1 to March 26, 2026, aimed at reducing market congestion and helping consumers shop early for Ramadan and Eid essentials with verified discounts.

Tharoor: India-EU FTA Gains Will Be Gradual

Congress MP Shashi Tharoor supports the India-EU Free Trade Agreement, emphasizing that benefits will accrue over time as it requires ratification by all 27 EU nations.

US Lawmakers: Nvidia Chips Power Chinese Military

A bipartisan US committee alleges Nvidia's AI chips exported to China are boosting military capabilities through DeepSeek AI integration with PLA systems, calling for stricter export controls.

Canada's Chinese EV Deal: U.S. Market Impact Looms

Canada's new trade agreement with China slashes EV tariffs, introducing affordable models like BYD and Wuling. This move could pressure the U.S. EV market, dominated by high-priced luxury options, and spur competitive reforms.

LME Faces Trading Glitch Amid Metal Price Volatility

The London Metal Exchange experienced a one-hour trading disruption due to a technical glitch, causing sharp swings in metal prices. The issue was resolved, but it highlights vulnerabilities in global commodity markets.

Moody's: India-EU FTA to Diversify Trade, Boost Exports

Moody's Analytics report highlights that the India-EU Free Trade Agreement will help diversify India's trade relations and provide greater market access for exporters, reducing dependency on traditional partners.

Germany Pushes India-EU FTA, Canada Next Amid Trump Tariff Pressure

German Chancellor Friedrich Merz demands immediate implementation of India-EU Free Trade Agreement, warning against tariff weaponization. As Trump imposes harsh tariffs on India, Europe doubles down on New Delhi while Canada signals intent to deepen trade

India's Four Priorities at Critical Minerals Ministerial

As India participates in the US Critical Minerals Ministerial, experts outline four key priorities: combating China's dominance, diversifying supply chains, boosting domestic processing, and securing international partnerships for technology and finance.

Structural Reforms Key for India in Global Trade Shift

A new report highlights that trade deals alone are insufficient for India to thrive in the global trade reordering. Structural factors like infrastructure and policy reforms are crucial for long-term competitiveness.

India Eyes US Gas Investments, Japan Energy Ties

Indian oil firms consider equity in US liquefaction projects as energy partnership with America expands. Japan collaboration in OALP bidding, CCUS, hydrogen also discussed at India Energy Week 2026.

Turkey Berry Exports from Krishnagiri Boost Farmer Income

Farmers in Krishnagiri district are exporting Turkey berry to Malaysia and Singapore, earning up to Rs 500/kg. The nutritious berry is cultivated as an intercrop with greens, thriving in Hosur's cool climate and rich soil.

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