Merchandise Trade
GeM opens door for overseas sellers to bid for government orders
The public procurement platform now supports multi-currency bidding, and is tightening oversight of listings and seller behaviour using data analytics, even as transactions in FY26 fell due to a decline in procurement by the ministry of coal.
3 min read7 Apr 2026PM Modi in Israel: What’s on the agenda for Day 2? Check full itinerary
As India deepens its economic ties with Israel, Prime Minister Modi's visit marks a significant shift in diplomatic relations. With talks on a Free Trade Agreement underway and a strong personal rapport with Netanyahu, the future looks promising for India-Israel collaboration amidst global tensions.
2 min read26 Feb 2026Merchandise trade deficit soars in October as US tariffs bite and gold imports surge
October marked the second full month of the US tariff hike taking effect.
6 min read17 Nov 2025Brazilian President Lula seeks to form ‘strategic alliance’ with India to boost economic growth and trade ties
Brazilian President Luiz Inácio Lula da Silva announced plans for a strategic partnership with India, following Vice President Geraldo Alckmin's visit. The goal is to strengthen bilateral relations and target $20 billion in trade within five years, focusing on mutual benefits in various sectors.
2 min read20 Oct 2025Goods trade deficit narrows sharply to $18.78 bn in June as imports decline sharply
Commerce secretary Sunil Barthwal told reporters that India’s export performance in the first quarter has been remarkably strong despite global uncertainties and disruptions
3 min read15 Jul 2025Services sector may catch up with merchandise exports in FY26
In the first five months of 2025, services exports rose 16% year-on-year to $173 billion, while the services trade surplus surged 21% to $90 billion.
3 min read10 Jul 2025Exports of key commodities fall in April-July amid rising trade deficit
Exports of the top 30 commodities stood at $31.83 billion in July, down from $32.63 billion in the same month last year, commerce ministry data showed.
2 min read19 Aug 2024Exports of key commodities fall in April-July amid rising trade deficit
Exports of the top 30 commodities stood at $31.83 billion in July, down from $32.63 billion in the same month last year, commerce ministry data showed.
2 min read19 Aug 2024Wait for it…
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