Engineering goods exports slide 17%; Industry seeks EU tariff relief, ETCFO

The issue is likely to be discussed on Tuesday at a board of trade meeting of the commerce and industry ministry. A 17 per cent on-year decline in engineering goods exports in October has prompted the industry to seek carve-outs for certain stainless steel product exports to the European Union as part of India’s ongoing free […]

Afghanistan offers 5-year tax exemption to Indian investors in gold mining, new sectors, ETCFO

New Delhi: Afghanistan Commerce and Industry Minister Alhaj Nooruddin Azizi addresses a press conference, in New Delhi. (PTI Photo/Ravi Choudhary)(PTI11_24_2025_000313B) New Delhi, Seeking investments in a range of sectors, Afghanistan Industry and Commerce Minister Alhaj Nooruddin Azizi on Monday said his government is ready to offer five years of tax breaks to firms investing in new […]

FTA and Defence Pact at January 27 Summit, ETCFO

With the world order looking wobbly, the European Union is eyeing to forge a broad global agenda in partnership with India and the two sides are set to firm up a free trade pact, a defence framework agreement and a strategic agenda at their annual summit on January 27. Top diplomatic sources told PTI that the […]

A Move Towards Economic Growth, ETCFO

New Delhi, The government proposes to introduce a bill to raise foreign direct investment in the insurance sector to 100 per cent in the upcoming Winter session of Parliament. The Winter session of Parliament is slated to begin on December 1 and continue till December 19. The session will have 15 working days. According to a […]

Board of Trade Meeting to Tackle Export Challenges Amid US Tariffs, ETCFO

New Delhi, The Board of Trade (BoT) is scheduled to meet on Tuesday, chaired by Commerce and Industry Minister Piyush Goyal, to discuss strategies to boost India’s exports amid the steep tariffs imposed by the US, an official has said. Headed by the minister, the board includes participants from various states, Union territories, and senior officials […]

Canada, India agree to restart trade talks, says Indian government, ETCFO

By Promit Mukherjee and Nellie Peyton OTTAWA -Canada and India have agreed to restart stalled talks for a new trade deal, the Indian government said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago. Prime Minister Mark Carney met with India’s Prime Minister Narendra Modi for a bilateral discussion […]

Finance Ministry Contemplates Merger of PSU General Insurers for Enhanced Efficiency, ETCFO

NEW DELHI: The finance ministry is considering an earlier proposal to merge the three state-owned general insurance companies into a single entity, following their improved financial health, to achieve better efficiency and scale. Government infused Rs 17,450 crore between 2019-20 and 2021-22 in three PSU general insurance companies, namely Oriental Insurance, National Insurance and United India […]

RBI’s Export Moratorium Triggers Alert Among Banks as Credit Costs Rise, ETCFO

Representative Image Banks are bracing for a temporary rise in credit costs after the Reserve Bank of India announced a moratorium and credit-relief package for exporters hit by the recent tariff shock from the United States. While the move is aimed at easing cash-flow stress for trade-exposed sectors, lenders now face higher provisioning requirements and the […]

Exports Diversify Beyond US Market, ETCFO

India’s merchandise exports are showing signs of diversification, even as shipments to the US have slowed since July 2025, according to a recent SBI research report. The trend highlights a shift towards new markets and product categories, reducing over-reliance on the US market. Exports Continue Upward Trend Despite US Slowdown India’s total merchandise exports during April–September […]