India and Uzbekistan have set an ambitious goal of doubling their bilateral trade to nearly $3 billion over the next three years, marking a significant step in strengthening economic ties between the two countries. The announcement was made during the India-Uzbekistan Business Forum in New Delhi, where government officials and business leaders discussed expanding cooperation in trade, investment, manufacturing, mining, pharmaceuticals, technology, agriculture, and renewable e

India's merchandise exports have recorded strong growth in the first four months of the financial year 2026-27 despite continued uncertainty in the global economy. Commerce and Industry Minister Piyush Goyal announced that merchandise exports have grown by nearly 15 percent, highlighting the resilience of India's export sector amid geopolitical tensions, disruptions in international shipping routes, and fluctuations in global trade. The minister stated that despite the diffic

A new chapter in India-United Kingdom relations began today with the formal implementation of the Comprehensive Economic and Trade Agreement (CETA) and the Agreement on Social Security. Prime Minister Narendra Modi described the development as a “significant moment” that translates high-level diplomatic ambitions into practical benefits for citizens of both nations. In his message on X, PM Modi highlighted how the agreements would deepen economic ties and create meaningful op

India and the Maldives have achieved a promising milestone in their bilateral relations by concluding the first round of negotiations for a Free Trade Agreement (FTA). Held virtually between June 29 and July 7, 2026, these discussions reflect the growing commitment of both nations to deepen trade, investment, and overall economic cooperation. The talks come at a significant time, as the two countries celebrate 60 years of diplomatic relations in 2026. With steady progress alr

Union Commerce and Industry Minister Piyush Goyal has firmly rejected a recent Reuters report suggesting that India had declined a swift interim trade deal with the United States. Describing the article as “completely false, baseless, and misleading,” Goyal stressed that both countries remain deeply engaged in constructive negotiations aimed at forging a mutually beneficial partnership. In a detailed statement shared on X, Goyal recalled the productive meetings with US Trade

India’s pioneering Unified Payments Interface (UPI) has achieved another significant global milestone with its successful launch in Greece. Announced on June 30, 2026, this expansion underscores the growing international appeal of India’s homegrown digital payment system and its potential to reshape cross-border financial transactions. Depending on the country, UPI can be used for merchant payments, cross-border remittances, or both. | Business Today Strategic Partnership Dri

India and the United States are intensifying efforts to finalize a landmark interim trade agreement, with high-level negotiations in New Delhi signaling that a deal could be reached before the critical July 24, 2026, expiration of Washington’s temporary 10% import tariff on trading partners. Both sides describe the talks as being in the final stages, aiming to deliver reciprocal market access, tariff relief, and a boost to bilateral economic ties. A senior US official recentl

In a significant development for bilateral economic relations, Union Commerce and Industry Minister Piyush Goyal is engaging in high-level discussions with US Trade Representative Jamieson Greer in New Delhi on June 23 and 24. The meetings aim to finalise the first phase of a long-awaited bilateral trade agreement (BTA), often described as an interim trade pact, as both nations work against a July 24 tariff deadline. These talks follow productive chief negotiator-level discus

The United States is actively seeking to expand collaboration with India in artificial intelligence, semiconductors, and critical supply chains. This development marks a significant step forward in the bilateral strategic partnership. US Ambassador to India Sergio Gor has highlighted the strong momentum, pointing to shared opportunities under the current administration to enhance trade, innovation, and technological capabilities. Speaking at the Citi India Conference 2026, Am

US President Donald Trump has expressed warm appreciation for Indian Prime Minister Narendra Modi, describing him as a close personal friend and voicing strong confidence in the imminent finalization of a bilateral trade agreement between the United States and India. His remarks underscore the deepening economic partnership between the two largest democracies, driven by mutual interests and high-level engagement. Speaking to reporters at the White House on June 5, 2026, Presi

In a significant development for bilateral economic ties, Union Commerce and Industry Minister Piyush Goyal has expressed strong confidence that India and the United States are on the verge of concluding the first tranche of their much-anticipated trade agreement. Speaking to reporters on Monday, Goyal highlighted that nearly all major issues have been resolved, setting the stage for an imminent signing. The minister noted that 99 percent of the details for the interim pact h

The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman officially entered into force today, ushering in a promising era of deeper economic collaboration between the two nations. Signed in December 2025 during Prime Minister Narendra Modi’s visit to Muscat, the agreement is expected to significantly enhance bilateral trade, create new opportunities for Indian exporters, and strengthen people-to-people ties. Union Commerce and Industry Minister Piyush Go

Union Minister of Commerce and Industry Piyush Goyal is spearheading a major diplomatic and economic initiative in Canada, heading the largest-ever Indian business delegation to the country. The three-day visit, spanning Ottawa and Toronto from May 25 to 27, underscores a renewed commitment to strengthening bilateral ties and fast-tracking the Comprehensive Economic Partnership Agreement (CEPA) between India and Canada. During high-level meetings in Ottawa, Minister Goyal eng

Union Commerce and Industry Minister Piyush Goyal arrived in Canada today, heading the largest-ever Indian business delegation sent to the North American nation. Comprising around 150 senior industry leaders, this high-powered visit aims to accelerate negotiations for a Comprehensive Economic Partnership Agreement (CEPA) and significantly deepen bilateral trade and investment ties. The three-day mission, running from May 25 to 27, builds on the positive momentum established d

Commerce and Industry Minister Piyush Goyal has reaffirmed the government’s strong resolve to achieve $2 trillion in total exports by FY 2030-31, with merchandise and services exports each contributing $1 trillion. This ambitious target was the centrepiece of a high-level review meeting chaired by Goyal, where senior officials discussed the detailed Plan of Action and progress under the Export Promotion Mission. India’s export sector has demonstrated notable resilience. In FY

Union Minister of Commerce and Industry Piyush Goyal delivered a keynote address at the ‘Advancing Resilience with Climate Change’ dialogue in New Delhi, highlighting India’s strong emergence as a global leader in climate action. Organised in collaboration with the Council on Energy, Environment and Water (CEEW), the event provided a platform to discuss climate resilience, innovation, and the intersection of environmental goals with economic growth. Image from DD News Strong

India and New Zealand have taken a significant step forward in strengthening their economic relationship with the signing of a comprehensive Free Trade Agreement (FTA) on April 27, 2026. The pact, described by leaders on both sides as “historic” and a “once-in-a-generation” opportunity, marks a new chapter in bilateral ties between the two nations. Signed by Union Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay at Bharat

India is nearing the completion of the first tranche of its proposed bilateral trade agreement with the United States , signalling a renewed push to deepen economic engagement between the two countries. The development reflects steady progress in negotiations that aim to strengthen trade flows, improve market access, and build a more structured economic partnership. Union minister Piyush Goyal | Moneycontrol Negotiations Enter Final Stage Union Commerce and Industry Minister