Tag
Ministry of Commerce & Industry
11 articles
India’s trade landscape is undergoing significant shifts, driven by both policy initiatives and evolving economic conditions. Wholesale price inflation moderated slightly in July 2026, though remains elevated at 9.78% year-over-year, with fuel prices easing while food and manufactured goods contribute to inflationary pressures. Simultaneously, foreign direct investment continues to flow into the country, bolstered by recent regulatory reforms that streamline investment processes and encourage international participation across sectors like IT, pharmaceuticals, and data centers. Commerce Minister Goyal highlighted India’s commitment to fair trade and a $30 trillion economy by 2047, underpinned by nine free trade agreements and record exports of $863 billion, signaling a continued focus on global integration and export-led growth.
India July 2026 WPI Inflation at 9.78% YoY
India's wholesale inflation moderated slightly to 9.78% in July 2026 from 9.87% in June, with the all-commodities index at 110.0.
Fuel and Power inflation decelerated sharply to 20.05% from 27.41%, wh
Ministry Reports 29 FDI Investments Worth ₹4,895.65 Crore
Ministry of Commerce reports 29 FDI investments totaling ₹4,895.65 crore under revised framework through August 20, 2026.
Revised framework removes prior government approval requirement for investment
Piyush Goyal Urges Fair Trade, Highlights $30T Economy Vision
Commerce Minister Piyush Goyal called for fair trading practices and promoting a circular economy at the Bharatiya Vyapar Mahotsav.
India's exports reached $863 billion last year, with a 73% growth ov
BHAVYA Scheme Receives 87 Industrial Proposals
Ministry of Commerce received 87 state proposals under BHAVYA industrial scheme by July 31, 2026 deadline.
Maharashtra submitted highest proposals (14), followed by Madhya Pradesh (11); West Bengal su
India and SACU Sign Preferential Trade Agreement Terms
India and Southern African Customs Union signed Terms of Reference for Preferential Trade Agreement negotiations covering eight chapters including goods trade and market access.
Commerce Minister Piyu
India-Uzbekistan Aim to Double Bilateral Trade
Commerce Minister Piyush Goyal calls for doubling India-Uzbekistan trade to $3 billion in three years from the current $1.5 billion.
A new Bilateral Investment Treaty is highlighted to boost investor
Ministry Denies US Ethanol Import Claims
Ministry of Commerce & Industry refutes media claims about importing US ethanol for fuel blending as baseless.
Ethanol for India's fuel blending program is sourced entirely from domestic producers per
India July 2026 WPI Inflation at 9.78%
India's wholesale price index inflation moderated slightly to 9.78% YoY in July 2026 from 9.87% in June, with the all-commodities index at 110.0.
Fuel and power inflation declined sharply to 20.05% fr
87 Proposals Received Under BHAVYA Scheme Phase-I
Ministry of Commerce received 87 industrial development proposals from states/UTs under BHAVYA Scheme's first round.
Proposals will be evaluated on connectivity, infrastructure quality, industrial eco
APEDA Facilitates First Mithila Makhana Sea Export
APEDA facilitated first-ever 18 MT sea shipment of GI-tagged Mithila Makhana from Bihar to Australia.
Farmers received 18% higher returns through direct export market access versus local prices.
Bihar
India's FTA Utilization Drives Record $863B Exports
India's combined merchandise and services exports reached a record $863.1 billion in FY 2025-26, with 11.37% growth in April-June 2026.
UAE emerged as largest FTA export destination at $37.36 billion,