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Commerce Ministry

News Reports

Weaker Indian rupee against dollar boosts exports by 18% in one year: Here is what we know so far

OpIndia Staff -
India’s trade deficit also swelled from $22.56 billion in 2025 to $28.21 billion in May 2026.  While goods exports increased by 18% to $45.2 billion from $38.3 billion in May 2025, imports also surged by 20.62% to $73.41 billion.
Editor's picks

‘India’s exports have increased despite US tariffs’: Commerce Ministry tells Parliamentary Standing Committee

OpIndia Staff -
The Ministry of Commerce has informed the Parliamentary Standing Committee on Commerce that India’s exports have increased in the April-October period despite tariffs imposed...
News Reports

‘Should we aspire to be best in world or we are just happy being delivery boys and girls?’ Piyush Goel takes a dig at...

Aditi -
While the Union Commerce Minister appreciated all the progress that India has made so far, he also warned the young entrepreneurs against thinking small.
Government and Policy

Government instructs e-commerce platforms to remove drinks and beverages including Bournvita from ‘Health Drink’ category

OpIndia Staff -
The ministry cited a finding by the child rights body NCPCR that there is no beverage category called Health Drink under the rules.
News Reports

Union Government approves electric vehicle policy aimed at making India a hub of EV manufacturing, minimum ₹4,150 crore investment required

ANI -
The Union Government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country.
News Reports

Outcomes of 12th WTO Ministerial Conference favourable to India: Commerce and Industry Minister Piyush Goyal

OpIndia Staff -
Sources indicate that India made a significant influence at the 12th ministerial conference of WTO.
News Reports

Commerce ministry caps MEIS benefit to exporters during last 4 months of the scheme, govt says move aimed at protecting genuine exporters

OpIndia Staff -
According to an analysis done by the Department of Commerce, 98% of the exporters who claim MEIS will be unaffected by the changes
Government and Policy

Union govt makes it mandatory for sellers to mention of ‘Country of Origin’ of products in Government e-Marketplace

OpIndia Staff -
The platform has also enabled a provision for indicating the percentage of local content in products in order to promote local goods.
News Reports

PMO seeks product-wise details of Chinese imports, commerce ministry suspects China is routing its products through other countries

OpIndia Staff -
A high-level meeting took place at the prime minister’s office to discuss ways to promote Atmanirbhar Bharat and cut import dependency on China.
News Reports

Coronavirus: India enforces an absolute ban on the export of hydroxychloroquine, several nations send requests for supply as global demand rises

OpIndia Staff -
India is the largest producer of hydroxychloroquine in the world. The Commerce Ministry, in a notification dated 4 April, has enforced an absolute ban on the export of the drug.
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