New Delhi, March 28 (IANS) Exports from operational special economic zones (SEZs) totalled over Rs. 11.70 lakh crore in 2025‑26 (till December 2025), marking a 32.02 per cent increase from 2024, the government said on Saturday.There are 368 notified SEZs in India (as of February end) and the total investment in those areas stand at Rs 7.86 lakh crore, the official statement said.SEZs employed over 31.73 lakh people (as of December 2025), it added.The Union Budget 2026‑27 proposed a special o…
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New Delhi, March 19 (IANS) India has a significant opportunity to expand its presence in the global sports goods market, with the potential to export equipment worth $8.1 billion and create millions of jobs over the next decade, according to a new report on Thursday.A study released by NITI Aayog said the country could generate up to 5.4 million additional jobs cumulatively by 2036, especially across micro, small and medium enterprise (MSME) clusters, if it taps into this opportunity effectively…
New Delhi, Feb 20 (IANS) The PMI data for February signalled stronger output growth as the HSBC Flash India PMI rose from 58.4 in January to 59.3 this month — indicating the strongest rate of expansion for three months, the data compiled by S&P Global showed on Friday.The acceleration was driven by a quicker upturn in factory production, as growth of services activity was broadly similar to that registered at the start of the 2026 calendar year.“The manufacturing industry strengthened in…
Mumbai, Feb 17 (IANS) The Indian leather sector is set for significant expansion, targeting a $50 billion turnover by 2030, supported by rising export momentum and increasing domestic consumption, according to a CareEdge Ratings report released on Tuesday.CareEdge Ratings notes that India’s Union Budget 2026–27, along with the completion of the India–European Union (EU) Free Trade Agreement (FTA) as of January 27, and the recent cut in US import tariffs, collectively create a positive po…
New Delhi, Feb 13 (IANS) In a farmer-centric step to stabilise domestic markets and ensure remunerative returns to producers, the Centre on Friday approved the export of 25 lakh metric tonnes (LMT) of wheat, along with an additional 5 LMT of wheat products.According to a Consumer Affairs Ministry statement, wheat stock availability with private entities during 2025–26 stands at approximately 75 LMT, which is nearly 32 LMT higher compared to the corresponding period last year.”This substantial …
New Delhi, Feb 13 (IANS) Union Commerce Minister Piyush Goyal criticised Lok Sabha Leader of Opposition Rahul Gandhi over his claims about the India-US trade agreement, labelling them as ‘baseless’ and describing him as a ‘habitual liar’. Piyush Goyal took to the social media platform X with a video message and said, “Annadata Devo Bhava! Under PM Narendra Modi ji’s leadership, our farmers will always be secure, empowered, and prosperous.”He further alleged that Rahul Gandhi was spreading …
New Delhi, Feb 7 (IANS) Commerce and Industry Minister Piyush Goyal said on Saturday that the farmers’ interests remain paramount and no concessions have been extended to sensitive agricultural sector produce in grains, fruits, vegetables, spices, oilseeds, dairy, poultry and meat, among others.Replying to a question from IANS during a press meet here, Goyal said the country has secured preferential access for Indian goods through the India-US Interim Agreement framework.“There has been no com…
New Delhi, Feb 7 (IANS) Reiterating that India has completely protected its agriculture and dairy sectors in the US trade agreement, Commerce and Industry Minister Piyush Goyal said on Saturday that the country now has lowest US tariffs among its neighbours as well as competitors.China has been imposed with over 35 per cent tariffs, while Bangladesh and Vietnam have been slapped with 25 per cent tariffs while India has a much lesser tariff now, the minister said during a press conference here.So…
New Delhi, Feb 5 (IANS) Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan on Thursday asserted that the India–US trade agreement fully safeguards the interests of Indian growers, rejecting Opposition claims that the agriculture sector has been compromised. Describing the deal as a balanced outcome rooted in diplomacy, development and national dignity, Chouhan said tariff rationalisation would expand export opportunities for Indian produce while keeping domestic markets prot…
Jaipur, Feb 4 (IANS) Rajasthan Chief Minister Bhajanlal Sharma on Wednesday said the newly-signed trade agreement between India and the United States will be a “game changer” for the state’s economy.CM Sharma said Rajasthan is expected to reap “immense benefits” from the newly signed trade agreement between India and the United States.Expressing optimism over the agreement reached under the leadership of Prime Minister Narendra Modi, the Chief Minister said the deal reflects growing global confi…