Commerce Secretary Rajesh Agrawal. Photo: linkedin.com India and the U.S. are “very close” to finalising an initial trade agreement on reciprocal tariffs, Commerce Secretary Rajesh Agrawal said, although he declined from specifying a deadline for it. On the negotiations with the European Union, Mr. Agrawal said both sides are at the final stage where all…
Union Commerce Minister Piyush Goyal speaks during the ‘Italy-India Business Forum’, in Mumbai, on December 11, 2025. | Photo Credit: PTI Projected thermal power requirement is expected to grow to 307 gigawatts (GW) by 2035, Union Minister for Commerce Piyush Goyal stated in response to a question from The Hindu. Speaking to reporters on Monday…
The 30-share BSE Sensex dipped 54.30 points, or 0.06%, to 85,213.36. File | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty ended marginally lower on Monday (December 15, 2025) in tandem with a weak trend in global markets and persistent foreign fund outflows. Also, uncertainty over an India-U.S. trade deal weighed on investors’…
The trade deficit in November stood at $24.53 billion. File. | Photo Credit: Reuters India’s exports jumped by 19.37% to $38.13 billion in November, while imports dipped by 1.88% to $62.66 billion, according to government data released on Monday (December 15, 2025). Commerce Secretary Rajesh Agrawal said that outbound shipments in November offset the losses…
According to WPI data, deflation in food articles was 4.16%in November, compared to 8.31% in October. File. | Photo Credit: Reuters Wholesale price inflation (WPI) came in at (-) 0.32% in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday (December…
Enforcement Directorate. File | Photo Credit: The Hindu The Enforcement Directorate (ED) has decided to bring to a conclusion cases registered under the Foreign Exchange Regulation Act (FERA), which was repealed by the country more than 25 years ago in 1998. The criminal sections-loaded FERA of 1973 was replaced in June 2000 by the Foreign…
‘The concern that the IMF has expressed, and which underlies the lowly ‘C’ grade, is not going to be hastily resolved’ | Photo Credit: Getty Images/iStockphoto The release of the national accounts data for Quarter 2 recently was also one that coincided with serious concerns being expressed by the International Monetary Fund (IMF) about the…
Image used for representational purposes only. File | Photo Credit: Reuters Paving the path for further export of coal, the Union Cabinet announced it has approved a policy that allows coal acquired through auctioning to be utilised for any industrial use and export. For perspective, the current policy allows it to be utilised only for…
This contraction in food prices offset the impact of a quickening in fuel inflation to 2.3% in November 2025 compared to 2% in October, and a contraction of 1.8% in November of last year. File | Photo Credit: The Hindu Retail inflation in India quickened marginally to 0.7% in November 2025, up from the historic low…
Union Minister of Commerce and Industry Piyush Goyal with New Zealand’s Minister of Trade and Investment Todd McClay. File | Photo Credit: PTI India and New Zealand on Friday (December 12, 2025) discussed ways to fast-track negotiations for the proposed Free Trade Agreement (FTA) between the two countries. New Zealand Trade Minister Todd McClay is…
