India is in the 'final stages' of negotiations with many countries to work out the modalities of settling trade in Indian rupees, Union home minister Amit Shah told ET in an exclusive interview, adding that this will be a major priority of the new government.

The Export-Import Bank of India has predicted that India's total merchandise exports will reach $116.7 billion in the ongoing first financial quarter, growing 12.3% year-on-year on strong economic fundamentals and sustained manufacturing and services activity.

In Nashik, Maharashtra, a pivotal region for onion production in India, the lifting of an export ban by the Directorate General of Foreign Trade (DGFT) on May 4 has led to a marked increase in onion prices at the Agricultural Produce Market Committee (APMC) markets.

India has called for re-energising discussions in the World Trade Organisation (WTO) on the development dimension to achieve tangible progress and meaningful outcomes.

India and Taiwan are witnessing a significant boost in economic partnership, with industry leaders projecting bilateral trade could reach USD 25 billion through increased investment and technology sharing.

The Sharjah Chamber of Commerce and Industry (SCCI) embarked on the first leg of its trade mission to India as it organised the Sharjah-India Business Forum in the city of chennai'.

The forum's agenda featured more than 160 bilateral business meetings representatives of companies participating in the trade mission and more than 100 Indian companies in chennai , representing various sectors and economic activities.