Gold prices soared by Rs 8,550 and silver by Rs 20,500 per kg following the government's decision to hike import duties, aligning with PM Modi's call to curb gold purchases and reduce forex expenditure.
India's gold imports from Dubai may increase following a duty hike, as the TRQ system previously offered lower tariffs. GTRI suggests potential rise in precious metal imports.
India launched a $1.5-billion maritime insurance pool with a $1.4-billion sovereign guarantee to cover Indian vessels on international routes, including war zones, lowering premiums and ensuring coverage.
Commerce minister Piyush Goyal urges Indian industry to become self-efficient, reduce import dependence, and leverage FTAs to achieve $2 trillion exports amid global challenges.
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Odisha has exported premium Amrapali mangoes from Dhenkanal to London, targeting over 500 MT exports this season. The initiative benefits farmers with better prices and global market access.
The Goa Petrol Dealers Association assures no fuel shortage, with 15 days of stock and weekly replenishment. President Narahar Thakur urges responsible purchase amid war concerns.
Chowgule Shipyards delivered the diesel-electric, wind-assisted cargo vessel Frisian Future to Boomsma Shipping, achieving 30% lower emissions and showcasing 'Make in India'.
India's retail inflation rose to 3.48% in April 2026 from 3.29% in March, driven by higher food prices, especially tomatoes, and gains in jewellery costs. Core inflation remained stable.
The Western Dedicated Freight Corridor project is advancing with trial runs, girder installation, and segment completions in Navi Mumbai, boosting high-speed freight connectivity between Mumbai and Delhi.
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Union Minister Piyush Goyal and Chile's Foreign Minister Alberto van Klaveren held talks on deepening the strategic trade partnership and accelerating the Comprehensive Economic Partnership Agreement (CEPA) negotiations.
India's gold imports surged to a record high in 2024, prompting PM Modi to urge restraint. This article explains the economic impact and reasons behind the trend.
Following PM Modi's appeal to reduce gold imports, Ahmedabad jewellers promote exchange schemes. Rising prices shift 80% sales to swaps, with retailers introducing new offers to sustain demand.
A low-cost concrete block berth for coastal police at Vizhinjam partially sank due to strong waves, prompting a redesign review by harbour engineering officials.
The Indian rupee plunged 79 paise to close at an all-time low of 95.28 against the US dollar on Monday, pressured by a strengthening greenback and heavy foreign capital outflows.
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PM Modi urges Indians to cut back on imports as the country's import bill soars. The article examines the severity of India's trade deficit and potential solutions.
India anticipates a US delegation visit for the next round of bilateral trade talks, though dates are not finalized. Discussions aim to advance an interim trade agreement and broader Bilateral Trade Agreement.
Portugal's Secretary of State for Internationalization highlights strong economic complementarity with India as the EU-India free trade agreement approaches finalization, emphasizing opportunities in technology, renewable energy, and pharmaceuticals.
An Indian official stated that a US team is expected to visit India soon for the next round of trade talks, aiming to resolve outstanding issues and strengthen bilateral trade ties.
India has no plans to increase import duties on gold and silver, according to a government official. The decision aims to stabilize the market and curb smuggling.
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GTRI warns that data exclusivity demands in trade deals could harm India's agrochemical sector, raise farmer costs, and violate WTO rules.
GTRI supports PM Modi's call to avoid gold purchases for a year, citing surging imports straining forex reserves and trade balance. The think tank urges review of India-UAE FTA concessions.
Government sources confirm no plans to increase gold and silver import duties despite PM Modi's appeal to curb non-essential purchases. Trade talks with US officials expected soon.
AEPC urges new Tamil Nadu CM to support global branding of 'Made in Tirupur', establish state-level apparel board, and help industry reach Rs1 lakh crore by 2030.
India successfully opened the EU market for seafood through active negotiations, as US tariffs on Indian seafood caused significant export losses, said Commerce Minister Piyush Goyal.
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APEDA facilitated the first-ever export of 20 metric tonnes of honey from Assam's Baksa district to the USA, boosting India's agricultural exports and the ODOP initiative.
The India-New Zealand FTA raises fears among Himachal apple growers of increased competition from cheaper imports, threatening the state's vulnerable horticulture sector.
Baksa district in Assam's Bodoland region exported 20 metric tonnes of honey to the US, sourced from 500 farmers, under the One District One Product initiative.
The Buxar agriculture department aims to test 3,090 soil samples in 2026-27 to boost income and fertility. Soil health cards will guide balanced fertiliser use.
APEDA has enabled the first export of 20 metric tonnes of honey from Assam to the United States, opening new markets for Northeast Indian honey.
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China's rare earth exports reached $64.2 million in April 2026, with total trade at $634.06 billion. High-tech and auto exports also surged.
