Jun 17, 2026
India widens trade routes as export surges amid global challenges India is increasingly using disruptions in international trade as an opportunity by widening import supplies and export markets, a report by Elara Securities stated, adding that this helps the country retain external industry resilience despite a declining rupee, rising oil prices and sluggish global demand. The firm pointed out that although the rupee's steep decline has increased export competitiveness, rising energy costs have also increased import prices. However, India was able to report a current account surplus in April 2026 due to strong services exports and remittance inflows. Source: tribuneindia.com |
Jun 17, 2026
India's exports surge 85 per cent in 12 years to $863 billion India's total exports of goods and services rose nearly 85 per cent in 12 years to $863 billion in 2025-26, driven by strong services growth, IT and GCC expansion. Merchandise exports also showed robust growth, reflecting sustained trade momentum. India's total exports of both goods and services surged by close to 85 per cent from $468 billion in 2014-15 to $863 billion in 2025-26, according to data released by the Commerce and Industry Ministry on Tuesday. Source: telanganatoday.com |
Jun 17, 2026
Russia-BRICS Agricultural Trade Up 5% In 2025 As BRICS Agriculture Ministers Meet In India Agricultural trade between Russia and the BRICS countries rose over 5% in 2025, according to Maxim Markovich, Russia's Deputy Agriculture Minister. He was heading up the Russian delegation at the 16th meeting of the BRICS agriculture ministers, which has been taking place in Indore, Madhya Pradesh, India. Source: russiaspivottoasia.com |
Jun 17, 2026
Gulf trade outlook improves for Indian produce exporters ndia's fruit and vegetable exports to Gulf markets may benefit from the reopening of the Strait of Hormuz following the interim agreement between the United States and Iran, according to exporters. Shipments of onions, chillies, pomegranates, bananas, mangoes, and other fresh produce to West Asia were affected by the closure of the strait and disruptions to cargo movements through Jebel Ali Port in Dubai since February 28. The region accounts for more than 20% of India's agricultural exports. Source: freshplaza.com |
Jun 17, 2026
US Trade Representative Greer to visit India on June 23-24 for talks June 15 (Reuters) - U.S. Trade Representative Jamieson Greer is scheduled to visit India on June 23-24, an Indian trade official said on Monday. His discussions with Indian officials will focus on giving final touches to the interim deal between New Delhi and Washington, the official said. Source: reuters.com |
Jun 17, 2026
G7 Summit: India, Canada agree to fast-track CEPA talks, target doubling bilateral trade by 2030 Narendra Modi and Mark Carney, the prime ministers of India and Canada, on Tuesday agreed to expedite negotiations on the bilateral Comprehensive Economic Partnership Agreement (CEPA) by the end of this year to double two-way trade by 2030. Source: deccanherald.com |
Jun 17, 2026
Soyabean acreage expected to rise by up to 10% on higher prices, weak monsoon outlook India's soyabean acreage is expected to increase this year as four-year-high prices and forecasts of below-normal monsoon rainfall due to El Nino encourage farmers to shift from water-intensive crops such as sugarcane and corn to the oilseed, farmers and industry officials told Reuters. Soyabean is India's main summer-sown oilseed crop and higher output will help the world's biggest importer of edible oils to cap overseas buying of palm oil, soyaoil and sunflower oil. It will also ease domestic soyabean and soyameal prices, benefitting India's poultry industry, the largest consumer of soyameal. Source: thehindubusinessline.com |
Jun 17, 2026
Mixed impact for South Indian plantation exports due to West Asian turmoil: UPASI The West Asian conflict has exposed the varying levels of dependence that South Indian plantation commodities have on the region's markets, resulting in sharply contrasting export outcomes. Tea exports suffered a steep decline due to conflict-affected destinations such as Iraq and the UAE, while cardamom exports defied expectations and posted exceptional growth. Pepper remains significantly exposed to the region, whereas coffee exports have largely escaped direct disruption due to their diversified market base. Source: thehindubusinessline.com |
Jun 17, 2026
Varanasi to host 2-day Wheat Products Promotion Society CEO's conclave from July 9 A two-day Wheat Products Promotion Society (WPPS) CEO's conclave, themed "Redefining Wheat Value Chains for a New India", will be held in Varanasi, Uttar Pradesh, from July 9. WPPS in association with the Uttar Pradesh Roller Flour Mills Association is organising the conclave, which is expected to bring together over 300 senior industry leaders, flour millers, wheat traders, food manufacturers, grain procurement professionals, technology providers, researchers, policymakers, and allied industry stakeholders from across India and overseas. Source: thehindubusinessline.com |
Jun 17, 2026
India, UAE step up efforts to expand rupee-dirham trade More than 15% of the India-UAE trade has been invoiced in local currencies since the formalisation of the rupee-dirham mechanism nearly three years ago, India's top diplomat in the UAE said. Source: economictimes.indiatimes.com |