Tag

Trade Policy

13 articles
Trade policy developments are reshaping the global landscape for Indian businesses. Recent discussions between the US and India have yielded substantial progress toward an interim bilateral trade agreement, encompassing market access, digital trade, and supply chain resilience, with both sides expressing optimism for a near-term conclusion. Simultaneously, India and the UK have finalized their Comprehensive Economic Partnership Agreement, set to take effect in July, promising a boost to bilateral trade and investment. Further solidifying India’s position, the nation concluded negotiations for a Free Trade Agreement with the EU, while PM Modi proposed the IMPACT global trade connectivity initiative at the G7 summit, highlighting the India-Middle East-Europe Economic Corridor. These developments, alongside India’s leadership in global ship recycling and strengthened strategic partnerships with France and Slovakia, signal a proactive approach to expanding trade and fostering economic collaboration.
India Toy Exports Surge 239%, Government Pledges Support
Commerce Minister Piyush Goyal announced 239% growth in toy exports over four years and called for a tenfold increase. The government will establish modern testing facilities in toy clusters and suppo
India-Israel Bilateral Investment Agreement Enforced
India-Israel Bilateral Investment Agreement enters force on July 4, 2026 after September 2025 signing. Agreement aims to strengthen economic relations and ensure secure, predictable investment climate
Ministry of Steel Open House on Import Issues July 9
Ministry of Steel organizing Open House on July 9, 2026 to discuss steel import-related issues including SIMS, SARAL SIMS, and QCO exemptions. Companies and associations must register via email by Jul
ADF Foods US Subsidiary Receives $2.1M Tariff Refund
ADF Foods' US subsidiary ADF Holdings received a $2.1M tariff refund from US Customs. Refund equivalent to ₹19.97 crore follows US Supreme Court directives on excess tariff collection. Disclosure made
India Hosts Inaugural BRICS MSME Forum 2026
India's MSME Ministry convened the first BRICS MSME Forum in Agra to strengthen collaboration on MSME ecosystems among member nations. Union Minister Jitan Ram Manjhi emphasized collective action for
Nepal Confirms No Ban on Indian Mango Imports
Ministry of Agriculture clarifies Nepal has not banned Indian mango imports, countering misleading media reports. Exports continue with 149 consignments (2005 MT) shipped to Nepal since January 2026,
Piyush Goyal Leads Trade Delegation to Greece
Union Minister Piyush Goyal leads a business delegation to Greece to expand bilateral trade and investment flows. The delegation will participate in startup pitches at THEA incubator to promote cross-
Piyush Goyal Leads Trade Delegation to Greece
Union Minister Piyush Goyal leads a business delegation to Greece to expand bilateral trade and investment flows. The delegation will participate in startup pitches at THEA incubator to promote cross-
VTM FY26 PAT Drops 75% to ₹11 Crore
VTM Ltd reported FY26 results with 8% revenue growth but a 75% YoY PAT decline to ₹11 crore due to US tariff discounts and cost inflation. Management cited a ₹20 crore hit from 18% US customer discoun
Indo Count Industries Targets 30% FY27 Revenue Growth
Indo Count reported resilient FY26 performance with total income of ₹4,211 crores, maintaining similar levels to FY25 despite market challenges. The company guided for strong FY27 growth targeting ₹5,
Steel Strips Wheels Q4 FY26 Highest Ever Revenue
Steel Strips Wheels reported its highest-ever quarterly revenue of INR 1,475 crores, up 20% YoY, and full-year revenue of INR 5,183 crores, up 17% YoY. Management projects 15-20% PAT growth for FY27,
Mamata Machinery FY26 Revenue Declines 8% on US Disruption
Mamata Machinery reported FY26 revenue decline of 8% to ₹233.1 crore and EBITDA margin compression to 8.2% from 21.4% due to 50% drop in US business. The company secured significant packaging orders i
Sharat Industries FY26 PAT Jumps 60% to Rs 15.9 Crore
Sharat Industries reported FY26 revenue growth of 38% to Rs 524.7 crore and PAT growth of 60% to Rs 15.90 crore, with EPS of Rs 4.06. Q4 was impacted by Middle East conflict, causing rerouting of 20 c