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News explainers Intra-BRICS Trade Crossed $1.17 Trillion: What Can India, China And Russia Do To Take It Higher? Last Updated:September 12, 2026, 11:58 IST Intra-BRICS trade has crossed $1 trillion, but only 4.1% of global exports and 5.4% of global imports are within the bloc. Can BRICS unlock its vast untapped trade potential? Services, digital…
News world India To Raise Market Access Issues With BRICS Partners To Boost Bilateral Trade Last Updated:September 09, 2026, 8:28 PM IST India’s largest BRICS trade deficit was with China at $112.16 billion. Bilateral trade between the two countries stood at $151.1 billion in FY 2025-26. India To Seek Better Market Access In BRICS Push…
India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the metals and ease pressure on the country’s foreign exchange reserves. The higher duties could dampen demand in the world’s second-largest consumer of precious metals, although they may…
Last Updated:December 21, 2025, 4:11 PM IST Piyush Goyal at World Hindu Economic Forum 2025 highlights India’s reforms, export growth, FTAs like CEPA with Oman, and digital innovation. Union Commerce Minister Piyush Goyal. (Piyush Goyal Office) Commerce and Industry Minister Piyush Goyal on Saturday said India’s policy reforms, new labour codes, digital innovation and export-led…
Last Updated:November 17, 2025, 5:39 PM IST India’s exports in October 2025 fall 11.8 per cent to $34.38 billion, while imports jump 16.63 per cent to $76.06 billion. India’s gold imports in October 2025 jumped to $14.72 billion as against $4.92 billion recorded in the same month last year. Amid the recent surge in bullion…
New Delhi: India’s trade deficit is heading toward a worrying new mark. A latest report from the Union Bank of India estimates that the country’s trade gap may reach $28 billion (Rs 2.48 lakh crore) in September 2025, marking a sharp rise of nearly Rs 13,000 crore from August’s figure of $26.5 billion (Rs 2.35…
Last Updated:January 15, 2025, 2:53 PM IST On a month-on-month basis, India’s exports rise to $38.01 billion in December 2024, compared with 32.11 billion in the previous month of November. During April-December this fiscal, exports increase by 1.6 per cent to $321.71 billion and imports by 5.15 per cent to $532.48 billion. India’s merchandise exports…