CEPA negotiations launched as India and Canada aim to scale bilateral trade from $8.66 bn to $50 bn by 2030. India and Canada on Monday formally launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) in New Delhi, setting a target to raise bilateral trade…

Apparel exporters urge relief on airport charges as airspace closures delay export cargo. Apparel exporters have urged the government to waive airport demurrage charges on export cargo as flight disruptions triggered by the ongoing West Asian crisis begin to impact the movement of consignments. In…

India has stock buffers and alternate suppliers ready as Hormuz risks lift crude prices and macro-pressures. India is unlikely to face immediate physical disruption to oil supplies despite escalating tensions involving the Strait of Hormuz and Iran, officials and analysts said, though higher crude prices…

Freight rates jump 20–30% as Red Sea risks rise; India calls exporters and shippers for urgent review. Escalating tensions in West Asia following strikes by the United States and Israel on Iran are beginning to disrupt global shipping, pushing the Indian government to urgently assess…

Government assures steps to keep EXIM cargo moving amid US–Israel–Iran war disruptions. India has reviewed the impact of the ongoing conflict involving the United States, Israel and Iran and agreed on a coordinated set of measures to ensure the smooth movement of trade cargo, particularly…