Latest Trade News & Updates

Kuala Lumpur, Feb 8 (IANS) Malaysian Prime Minister Anwar Ibrahim on Sunday called Prime Minister Narendra Modi a “true friend” with whom he had a “trustworthy” exchange. In his remarks during the joint press meet with Prime Minister Narendra Modi in Kuala Lumpur, Malaysian PM Ibrahim said, “We consider this meeting and these exchanges very vital, very strategic and critical to advance and enhance relations between India and Malaysia… We had long-standing relations since 1957, but we have elev…

New Delhi, Feb 4 (IANS) Brazil’s President Luiz Inacio Lula da Silva’s upcoming visit to India is expected to significantly strengthen bilateral ties amid a rapidly changing global order, Brazilian Ambassador to India Kenneth H. da Nobrega has said, underlining growing coordination between the two countries on trade, technology and geopolitics.In an exclusive interview with IANS, Ambassador da Nobrega noted that President Lula’s visit comes less than a year after Prime Minister Narendra Modi’s t…

New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman said on Monday that the customs duty changes announced in the Budget for 2026-27 are part of the Indian government’s ongoing economic reforms to rationalise tariffs and are not linked in any way to the policy decisions of the US.”We have changed customs duties, and we have been making customs duty changes in every Budget for a while now, and we have continued the same in this Budget as well,” she pointed out.The Finance Minister maintai…

Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.Speaking at the Treasury Department’s Trump Accounts Summit on Wednesday (local time), Trump said more than “$18 trillion” in investment is flowing into the US, driving large-scale construction across industries from automobil…

Thiruvananthapuram, Jan 28 (IANS) Kerala’s economy posted strong and broad-based growth in 2024-25, with the Gross State Domestic Product (GSDP) in real terms expanding by 6.19 per cent to Rs 6.85 lakh crore, up from Rs 6.45 lakh crore in the previous year, according to the State’s Economic Review 2025, that was placed in the Assembly on Wednesday.It pointed out that growth was supported by steady expansion across primary, secondary and services sectors, alongside improved capital spending a…

Washington, Jan 28 (IANS) Reinforcing his intent to keep trade pressure central to his economic and foreign policy agenda, US President Donald Trump signaled that he would seek alternative tools if the Supreme Court moves to curb tariffs, which he described as “indispensable” towards success.In an interview with Fox News host Will Cain, Trump defended tariffs as a core driver of investment and manufacturing growth in the United States. He said the policy has forced companies to build plants at h…

New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi on Tuesday announced the signing of a free trade agreement (FTA) between India and the European Union, stressing that the landmark partnership between two major economies will create new opportunities for businesses, consumers, and the skilled workforce.Addressing a joint press conference at Hyderabad House here with European Commission President Ursula von der Leyen, PM Modi underlined that the agreement – biggest in India’s history — r…

New Delhi, Jan 26 (IANS) European Council President Antonio Luis Santos da Costa and European Commission President Ursula von der Leyen on Monday shared their remarkable experience of attending the 77th Republic Day celebrations as Chief Guests while thanking Prime Minister Narendra Modi for the invite. European Commission President Ursula von der Leyen stated that the display of the flags of the European Union, the EU Military Staff and EU maritime missions Atlanta and Aspides at India’s Republ…

Washington, Jan 26 (IANS) Five American states — Alaska, Oregon, Washington, Nebraska, and South Dakota — have proclaimed January 26, 2026, as the “Republic Day of India,” marking the 77th anniversary of the adoption of India’s Constitution and commemorating the contributions of the Indian and Indian American community to their states.In separate proclamations, the governors of these States underscored India’s status as the world’s largest democracy and highlighted shared values of…