New Delhi, April 15 (IANS) The government on Wednesday launched a redesigned website and bilingual mobile application for the Department of Commerce, offering exporters, importers, and trade stakeholders a single, integrated gateway to trade-related information, government services, and real-time data, the Ministry of Commerce & Industry said.The new platform is fully compliant with the Digital Brand Identity Manual (DBIM) 3.0 and the Guidelines for Indian Government Websites (GIGW), and sup…
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Washington, April 9 (IANS) India and the United States stepped up engagement across trade, defence and critical technologies as Foreign Secretary Vikram Misri held a series of high-level meetings in Washington during his three-day visit.The talks spanned the Pentagon and the Department of Commerce, alongside a public-facing push to expand trade ties through a new digital platform.Misri joined Ambassador Vinay Kwatra to launch the India–USA Trade Facilitation Portal, described by the Indian Emb…
New Delhi, April 5 (IANS) India’s pharmaceutical exports reached over $28 billion up to February in the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a senior government official has said.Speaking at the inaugural session of the ‘Chintan Shivir: Scaling Up Pharma Exports’, the official highlighted that the growth was led by formulations, biologicals, vaccines, and Ayush products.“Despite global challenges, pharmaceutical expor…
Washington, April 4 (IANS) US President Donald Trump’s proposed fiscal year 2027 budget outlines sweeping cuts to domestic programmes and a broad restructuring of federal agencies, while maintaining funding for core priorities such as security, law enforcement and veterans, according to the official document.The budget proposes “a 10-per cent cut compared to 2026 non-defence levels” as part of an effort to constrain spending and overhaul the Federal Government.It frames the plan as a shift…
New Delhi, March 30 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said that India’s stance at the recently concluded WTO Ministerial Conference (MC14) in Cameroon was “not only heard but also reflected” in the final outcomes, underlining the country’s growing influence in shaping global trade discussions.Wrapping up his four-day visit to Cameroon — where he participated in the WTO Ministerial Conference — Goyal noted that the global trade landscape has undergone signif…
New Delhi, March 4 (IANS) India has highlighted the potential for growth in exports to Japan in sectors such as textiles, pharmaceuticals, agriculture, and services, at a high-level meeting in Tokyo, for achieving a more balanced bilateral trade relationship, according to a statement issued by the Ministry of Commerce and Industry on Wednesday.During the 7th Joint Committee meeting under the India–Japan Comprehensive Economic Partnership Agreement (CEPA) held this week, both sides reviewed iss…
New Delhi, March 2 (IANS) The government on Monday said it will continue to engage closely with all stakeholders and relevant ministries and departments to ensure that India’s trade continues to move efficiently and that any emerging issues are addressed in a timely manner.The Centre reiterated its readiness to facilitate trade operations, including procedural flexibility in export-related authorisations in cases of genuine disruption; coordination with Customs authorities to ensure smooth clear…
Washington, Feb 27 (IANS) Democratic Senators have questioned US Commerce Secretary Howard Lutnick over a $1.6 billion rare-earth minerals deal, warning that the arrangement could benefit his immediate family and his former firm, Cantor Fitzgerald.In a February 25 letter, Senators Elizabeth Warren, Ron Wyden, and Chris Van Hollen said the agreement brokered by the Department of Commerce with USA Rare Earth, Inc. (USAR) “could enrich your immediate family.”“This follows in a long string of …
New Delhi, Feb 21 (IANS) India’s pharmaceutical exports grew by 9.4 per cent in 2024–25 to reach $30.47 billion, and the industry is now preparing to achieve double-digit growth in 2026–27 with strong government support, the Ministry of Commerce and Industry said on Saturday.The interaction, organised on the theme “Scaling up Pharma Exports,” reflected the government’s focus on expanding India’s global footprint in medicines through closer coordination with industry and regulators….
New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal on Friday launched seven additional interventions under the Export Promotion Mission, a flagship initiative of the Centre aimed at empowering micro, small, and medium enterprises (MSMEs) for competing in global markets. These interventions are designed to address key challenges faced by Indian exporters, promote broad-based and inclusive export growth, and strengthen India’s position as a globally competitive export powerhous…