FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist.
Free Trade Agreements (FTAs), reduction in import tariffs and improvement in business environment would encourage higher net foreign capital inflows into India, which have moderated in recent years, ADB Chief Economist Albert Park has said. During 2021-22, India attracted net Foreign Direct Investment (FDI) of USD 38.6 billion, which came down to USD 28 billion in FY23 and further fell to USD 10.2 billion in FY24.
Source: economictimes.indiatimes.com
Merchandise exports during April 2026 were US$ 43.56 Billion, as compared to US$ 38.28 Billion during April 2025, registering a positive growth of 13.78%.
India’s total exports (Merchandise and Services combined) for April 2026* is estimated at US$ 80.80 Billion, registering a positive growth of 13.59 percent vis-à-vis April 2025. Total imports (Merchandise and Services combined) for April 2026* is estimated at US$ 88.61 Billion, registering a positive growth of 7.67 percent vis-à-vis April 2025.
Source: pib.gov.in
Single Integrated Hub to Connect 46 Organizations, Slashing Administrative Costs and Boosting Productivity:Shri Piyush Goyal.
In a major move towards a more citizen and business-friendly administration, Union Minister for Commerce and Industry, Shri Piyush Goyal, has unveiled a grand vision to co-locate all the various arms and offices of the Ministry into a single, integrated central hub in Mumbai today. Shri Goyal stated that the initiative aligns directly with Prime Minister Narendra Modi’s vision of ‘Ease of Living’ and ‘Ease of Doing Business.’ He emphasized that India’s 140 crore citizens should find it comfortable, easy, and seamless whenever they need to interface or work with the government.
Source: pib.gov.in
Intra-BRICS Trade Reaches USD 1.17 Trillion, Has Huge Untapped Potential: Commerce Secretary Shri Rajesh Agrawal.
Commerce Secretary Shri Rajesh Agrawal delivered the keynote address at the 2nd Meeting of the BRICS Contact Group on Trade and Economic Issues (CGETI), held in Gandhinagar, Gujarat. The meeting followed the first CGETI meeting held virtually in March 2026.
Source: pib.gov.in
'White Revolution 2.0' Initiated Under the Leadership of Prime Minister Narendra Modi Will Triple India’s Milk Production Over the Next 10 Years.
In line with the vision of Hon’ble Prime Minister Shri Narendra Modi to build a prosperous and self-reliant India through the mantra of 'Sahkar Se Samriddhi,' and under the leadership of Hon’ble Union Home and Cooperation Minister Shri Amit Shah, the Ministry of Cooperation is continuously working to strengthen the cooperative ecosystem across the country through modern infrastructure, technology-enabled systems, and farmer-centric initiatives. In this direction, Hon’ble Union Home and Cooperation Minister Shri Amit Shah today inaugurated the state-of-the-art automated milk processing and packaging plant of Madhur Dairy Unit-2 at Dashela in Gandhinagar, Gujarat. Hon’ble Chief Minister of Gujarat Shri Bhupendrabhai Patel, Gujarat Minister Shri Harsh Sanghavi, and several other dignitaries were present on the occasion.
Source: pib.gov.in
India spots an export champion in a sector tariffs failed to sink.
India’s seafood sector is quietly emerging as a global export powerhouse, showing remarkable resilience in the face of sudden external shocks. The sector, heavily reliant on the United States, faced an unprecedented challenge last year when the US imposed a 50% tariff on Indian seafood. What could have been a crippling blow instead became a catalyst for transformation.
Source: economictimes.indiatimes.com
Exports diversification drive adds $202 million to kitty in FY26.
Ships, boats, telecom instruments, pulses, marine products, graphite and explosives drove India's export diversification strategy last fiscal year, with new product and country combinations generating new exports worth $202.2 million. As per an analysis done by the commerce department, India's export diversification in FY26 was marked by a significant widening of its product-market footprint, with Indian exporters penetrating 1,821 new principal commodity product and country combinations.
Source: economictimes.indiatimes.com
North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26.
North America, North-East Asia, and Latin America together accounted for over 35 per cent of India's merchandise exports, which stood at USD 441.78 billion in 2025-26, reflecting a gradual shift towards a more diversified and resilient global trade structure, according to commerce ministry data. Exports to East Africa increased 13.7 per cent to USD 12.6 billion, accounting for 2.9 per cent of India's exports, while North Africa rose 14.8 per cent to USD 8 billion with a 1.8 per cent share.
Source: economictimes.indiatimes.com
Loading of potatoes in Bengal cold storages rises 14% following bumper production.
Loading of potatoes in West Bengal cold storages has increased by 14 per cent to 74 lakh tonnes as the State’s production of the spud crossed 140 lakh tonnes for 2025-26, the highest in the last five years. Total production of potato in Bengal, the country’s second largest grower, was around 115 lakh tonnes last year, also a bumper output.
Source: thehindubusinessline.com
PM Modi In The Hague: India-Netherlands Trade Ties Hit New High As 300 Dutch Firms Invest.
Prime Minister Narendra Modi, who is on his visit to 5 nations, addressed business leaders in The Hague on Saturday, outlining that the economic partnership between India and the Netherlands had entered a new phase, underpinned by growing trade and investment flows. Speaking at a CEOs Roundtable, PM Modi declared that over 300 Dutch firms were now active participants in India’s growth story, which is an example of their confidence in the country’s trajectory. Prime Minister Modi underlined that the Netherlands had become India’s largest investor from Europe and its second-largest trading partner.
Source: republicworld.com