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India Can Withstand Short-Term Hormuz Disruption: Hardeep Puri

New Delhi, June 9 -- India has sufficient energy reserves to withstand a short-term closure of the Strait of Hormuz, but a prolonged conflict involving Iran extending into early 2027 could tip the glo... Read More


Measures to Strengthen Seafood Exports Discussed At National Workshop

New Delhi, June 9 -- The Department of Commerce, along with the Department of Fisheries and the Ministry of Food Processing Industries, organised a two-day National Workshop on Seafood Exports in Visa... Read More


India's FTA Utilisation At 20-30% Amid Compliance Costs & Tariff Distortions: GTRI

New Delhi, June 9 -- India is extracting far less value from its free trade agreements (FTAs) than its partners, with just 20-30 per cent of eligible exports utilising FTA preferences, compared with 6... Read More


EU Retains India On Approved List For Aquaculture & Animal Product Exports

New Delhi, June 9 -- The European Union (EU) has included India in its updated list of countries authorised to continue exporting aquaculture products, eggs, honey, and animal casings to the 27-nation... Read More


Indian Railways Approves Rs 220 Crore Mararikulam-Alappuzha Doubling Project to Boost Capacity

New Delhi, June 9 -- Indian Railways has approved the doubling of the 10.65-km Mararikulam-Alappuzha section in Kerala at a cost of Rs 220.51 crore to strengthen rail capacity and improve operations o... Read More


GeM Expands Public Procurement Reach, Boosts Participation Of MSMEs And Startups

New Delhi, June 9 -- The Government e-Marketplace (GeM) has significantly expanded its role in public procurement since its launch in August 2016, facilitating greater participation of businesses and ... Read More


Commerce Minister Launches BHAVYA Portal To Support Development of 100 Industrial Parks

New Delhi, June 9 -- Union Minister for Commerce and Industry Piyush Goyal launched the BHAVYA (Bharat Audyogik Vikas Yojana) portal to accelerate the development 100 investment-ready industrial parks... Read More


NPCI International, NCHL Launch India-Nepal Cross-Border Payments Network

New Delhi, June 9 -- NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with Nepal Clearing House Ltd (NCHL) to launc... Read More


RBI Announces FCNR(B) Swap Facility, CRR And SLR Exemptions

New Delhi, June 9 -- The Reserve Bank of India (RBI) has introduced a US dollar-rupee forex swap facility for banks mobilising fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits with maturi... Read More


RBI Data Shows India Records Current Account Surplus Of 0.7% Of GDP In Q4 FY26

New Delhi, June 9 -- India recorded a current account surplus of USD 7.1 billion, or 0.7 percent of GDP, in the fourth quarter (January-March) of FY26, according to preliminary Balance of Payments (Bo... Read More