Commerce Minister Piyush Goyal urged BRICS nations to link payment systems, pitch UPI as a basis for cross-border cooperation and boost trade in local currencies. He also called for easier market access, resilient supply chains and greater services cooperation.
Commerce Minister Piyush Goyal urged BRICS to create a common trade platform and operationalise a Women’s Advancement Fund to help small and women‑led exporters access credit, buyers and predictable rules. He highlighted India’s progress in women’s financial inclusion and called for sector‑specific delegations, electronic documentation and expanded services trade within the bloc.
India’s commerce minister Piyush Goyal met Thailand’s deputy prime minister and commerce minister Suphajee Suthumpun in New Delhi to discuss expanding bilateral trade, investment and the review of the Asean‑India Trade in Goods Agreement (AITIGA). The talks highlighted a record $20.93 billion trade flow in FY2025 and a widening Indian trade deficit of about $10.8 billion.
Brent crude breached the $100 per barrel mark as fighting intensified in West Asia, prompting worries about a surge in India’s oil import costs. The price spike threatens to add to inflationary pressures and fiscal strain on the Indian economy.
India has been recording 7% plus growth in the post-pandemic years, but it is not enough to meaningfully improve the lives of the country's population. Here’s why:
As Air India seeks a substantial capital influx, Singapore Airlines’ history of strategic investments reveals a mix of ambition and challenges in its quest for international growth
Amid the ongoing US-Iran war and the subsequent disruptions to crude oil supplies, India expanded its crude sourcing to 31 countries but supplier concentration rose sharply.
Mechanism proposed by India would enable faster informal information-sharing among investigators across member countries
Travel time between Vadodara and Mumbai will be reduced to 1.5 hours, claims the Railway Minister
The FSSAI and some state regulators have intensified checks, releasing regular public updates including photos and videos of raids that have drawn widespread attention online
SBI Ecowrap's report dismissed claims of missing funds in national accounts as unfounded fiction. It emphasized the reliability of Q1 FY27's GDP growth estimates, suggesting that revisions remain a normal statistical practice.
Singapore Airlines’ 25.1% stake in Air India has affected its earnings and faced political scrutiny amid the carrier’s widening losses during a costly turnaround
The recognition follows sustained technical engagement between the two governments and could help prevent eligible goods from facing carbon charges twice
The new facility aims to reduce manual intervention, improve data accuracy and enable seamless electronic exchange among exporters, certifying agencies and authorities
Government is looking to pool factories' demand for energy, using bulk purchases of green power to secure better prices for them. The move could make cleaner electricity a more secure alternative to gas, while helping manufacturers cut both energy costs and emissions.
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India produced an estimated 11.99 million tonne of spices in FY25, with exports valued at $4.52 billion, according to the Spices Board
While non scheduled cargo flights have already shifted to Navi Mumbai, scheduled freighter flights of most airlines are expected to move to Navi Mumbai this month
The app has been developed under a project for the automated measurement of aquatic resources and the generation of standardised length-frequency data used in fisheries stock assessment
Paddy, oilseeds and nutri-cereals coverage down as cotton and pulses acreage gains
