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    FTA to help India’s engineering exports to New Zealand double to USD 280-300 mn in five years
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April 28, 2026
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Zero-duty market access through a free trade agreement is expected to boost India's engineering exports to New Zealand.
A free trade agreement with New Zealand provides zero-duty market access for Indian goods and is expected to support a substantial increase in India's engineering exports over the next five years. The arrangement is described as lowering trade barriers and giving exporters, particularly MSMEs, more stable access to a relatively small but high-potential market. The agreement is presented as part of a broader trade strategy in which free trade pacts are used to expand export opportunities, diversify markets, and strengthen the engineering sector's longer-term export target.
April 28, 2026
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Free trade agreements and export reform measures drive India's push to expand markets, MSMEs and export growth.
Strengthening India's export ecosystem through free trade agreement utilisation, export reform measures and closer government-industry coordination was discussed in a meeting chaired by the Union Minister of Commerce and Industry with export promotion councils and industry bodies. The discussion focused on using existing and newly signed FTAs to expand market access, raise export performance and support the goal of reaching USD 2 trillion in exports by 2030 under the Viksit Bharat vision. The minister also emphasised the need to widen the exporter base, especially by bringing more MSMEs into the export chain and improving access to new and existing markets.
April 28, 2026
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Aviation turbine fuel pricing relief sought as airlines warn rising costs are making operations unsustainable.
Airlines sought urgent revision of aviation turbine fuel pricing and temporary financial support, saying extreme fuel costs, airspace restrictions and the crude-ATF differential were making both domestic and international operations unsustainable. The federation requested uniform use of the earlier crack band pricing mechanism, deferment of excise duty on ATF and a transparent pricing framework that would keep operations viable while preserving a fair margin for oil marketing companies.
April 28, 2026
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Money laundering probe leads to provisional attachment of assets linked to the Reliance Anil Ambani Group under PMLA.
The Enforcement Directorate provisionally attached fresh assets in an ongoing money laundering investigation concerning the Reliance Anil Ambani Group under the Prevention of Money Laundering Act. The attached properties are stated to belong to Reliance Communications and Reliance Infrastructure and include immovable assets and shares. The action forms part of a continuing probe said to involve allegations of bank fraud and diversion of funds.
April 28, 2026
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Artificial intelligence-driven marketing transformation reshapes BlueFocus through automation, workflow integration, and globalization-led business expansion.
BlueFocus described a transition from using AI for efficiency to embedding it in workflows, organisation, and decision-making. The company said AI now supports social media insights, creator analysis, advertising risk control, budget adjustment, and video production, while token usage and agent-to-agent collaboration indicate how deeply AI has entered the business process. It also distinguished AI-driven revenue as automated, data-learning business generated with minimal human input, and linked this strategy with overseas expansion and globalization.
April 27, 2026
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Exporter relief measures discussed to boost shipments, widen market access, and ease compliance constraints amid global trade disruption.
Exporter associations discussed ways to boost shipments, widen market access through free trade agreements, and improve utilisation of existing trade pacts amid global uncertainty. They sought extension of authorisation validity, broader coverage of trade relief measures, and relaxation of the realisation-linked condition under the RELIEF Scheme of ECGC to support exporters affected by logistics disruptions and delayed payments.
April 27, 2026
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Free trade agreement, heatstroke preparedness and revised climate targets shape India's latest trade and policy actions.
India and New Zealand concluded a free trade agreement providing duty-free access for a wide range of Indian exports and strengthening bilateral economic cooperation. The Centre also directed operationalisation of dedicated Heat Stroke Management Units at all health facilities and ambulance preparedness for expected heatwave days. India submitted revised 2031-2035 climate targets to the UN climate body, committing to a 47 per cent reduction in emission intensity of GDP from the 2005 baseline by 2035.
April 27, 2026
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Farmers' interests in free trade agreements shaped apple import conditions, price control, and domestic production goals.
Free trade agreements were said to be framed with the interests of farmers and the country kept paramount, and apple imports were described as being allowed only on India's own conditions. The statement emphasised import duty, domestic price control, and the aim of increasing domestic production to reduce dependence on imports, while protecting farmers' interests and engaging with growers' concerns.
April 27, 2026
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Anticipatory bail in coercive religious conversion allegations turns on custodial interrogation, digital evidence, and linked financial trails.
Anticipatory bail proceedings arose from allegations of sexual harassment, coercion, and forcible religious conversion at a Tata Consultancy Services unit, with the prosecution seeking custodial interrogation to examine digital evidence, financial links, and wider conversion-related connections. The defence pointed to the absence of a specific anti-conversion law in Maharashtra at the time, while noting the later passage of the Freedom of Religion Bill, 2026. A Special Investigation Team was probing multiple FIRs under the Bharatiya Nyaya Sanhita and the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act.
April 27, 2026
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Dairy sector protection under FTAs remains India's policy, with limited export-only processing and safeguarded concessions in select imports.
India has not offered duty concessions in the dairy sector under its free trade agreements and has maintained a consistent policy of protecting the domestic dairy market. The foreign trade policy permits foreign firms to import raw materials or ingredients, process them in India and re-export the goods in full, but not sell them domestically. The India-New Zealand trade pact includes an investment arrangement for export-only processing and provides quota-based duty concessions on certain dairy items subject to minimum import price and other safeguards, with phased tariff reduction for specified dairy products.
April 27, 2026
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India-New Zealand free trade agreement expands duty-free market access, investment ties and opportunities for MSMEs and youth.
India-New Zealand free trade agreement strengthens bilateral economic partnership and is presented as a balanced instrument to expand trade, investment and shared prosperity. It creates new opportunities for farmers, artisans, youth, entrepreneurs, women and MSMEs by opening market access across agriculture, manufacturing, technology, education and services. The pact also supports skills, talent and mobility, promotes traditional knowledge systems, advances supply chain resilience, and provides duty-free access for all of India's exports to New Zealand across all tariff lines.
April 27, 2026
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Free trade agreement expands market access, tariff-free trade and agricultural cooperation between India and New Zealand.
A free trade agreement between India and New Zealand is described as a strategic and economic commitment to stable, predictable and rules-based trade. The pact is said to widen access for New Zealand exporters to the Indian market, give Indian exporters tariff-free access to New Zealand from the outset, improve access for Indian consumers, support export diversification, and deepen bilateral cooperation in agriculture, agri-tech and food production.
April 27, 2026
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Free trade agreements move forward as India pursues pacts with the EU and US alongside New Zealand deal
India is advancing a series of free trade agreements, with the New Zealand agreement expected to enter into force by the end of the year and described as the seventh such pact concluded during the current tenure. Negotiations with the European Union have been closed, while agreements with the European Union and the United States are expected in the coming months. Talks with the United States have focused on market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade.
April 27, 2026
Show AI Summary
Free trade agreement expands duty-free access, services market entry and skilled mobility between India and New Zealand.
India and New Zealand have concluded a comprehensive free trade agreement providing duty-free access for all Indian exports to New Zealand across tariff lines, including textiles, apparel, leather, footwear, gems and jewellery, engineering goods and processed foods. The pact also contemplates New Zealand investment commitments, phased tariff liberalisation by India on a significant share of New Zealand tariff lines, and exclusions for sensitive Indian sectors such as dairy, certain agricultural goods, sugar, arms and ammunition, and specified metals-related products.
April 27, 2026
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Fertiliser supply security remains stable as India plans imports, keeps urea and DAP prices unchanged.
India plans substantial imports of urea and other fertilisers for the kharif season in response to higher global prices and supply disruptions linked to the West Asia crisis, while maintaining unchanged retail prices for farmers. The government has stated that urea continues to be sold at the existing controlled price and that there is adequate supply for the season, with imports already received, additional quantities secured through global tender, and further consignments expected to arrive to support availability. Domestic urea production was affected by force majeure on gas deliveries, but higher gas availability has since improved output, and global tenders have been initiated for non-urea fertilisers to ensure peak-season supply.
April 27, 2026
Show AI Summary
Free trade agreement boosts duty-free access for Indian exports, strengthens MSMEs, and protects agriculture and dairy.
India-New Zealand free trade agreement was signed as a landmark step in bilateral partnership, aimed at deepening developmental cooperation and expanding two-way trade and investment. The arrangement provides duty-free access for Indian exports to New Zealand across all tariff lines, strengthening labour-intensive sectors, MSMEs and employment, while agriculture and dairy remain fully protected. It also supports students, skilled professionals, agriculture, manufacturing, innovation and technology.
April 27, 2026
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Hydration Partnership and sustainability shape Bisleri's role at the TCS World 10K Bengaluru 2026
Bisleri International returned as the Official Hydration Partner for the TCS World 10K Bengaluru 2026, providing hydration stations and mist zones across the race categories. The partnership also highlights sustainability through Bisleri's Greener Promise initiative, including recycled plastic benches and limited edition bottles featuring marathon icons. Bisleri's broader business profile emphasizes packaged drinking water, quality testing, purification, distribution reach and sustainability-focused initiatives.
April 27, 2026
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Rupee pressure amid crude oil spike and foreign selling, with market eyes on possible RBI intervention.
The rupee closed marginally stronger against the US dollar after recovering from intraday weakness, but remained under pressure from global uncertainty, West Asia tensions, elevated crude oil prices and foreign institutional investor selling. Market commentary noted a negative underlying bias, with traders watching the possibility of RBI intervention around higher levels. The report also noted a slight decline in the dollar index, higher Brent crude prices, rising domestic equities and an increase in India's foreign exchange reserves over the reporting week.
April 27, 2026
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Money laundering probe under PMLA triggers searches for proceeds of crime and benami assets linked to suspended police DIG.
Enforcement Directorate searches were conducted at multiple premises in Punjab in a money laundering probe under the Prevention of Money Laundering Act against suspended police DIG Harcharan Singh Bhullar, his associates and suspected benamidars. The investigation arises from a CBI case alleging illegal gratification through a middleman and assets disproportionate to known sources of income. The searches were intended to trace proceeds of crime, identify benami assets and collect evidence relating to money laundering.
April 27, 2026
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Free trade agreement expands duty-free access, tariff liberalisation, and investment facilitation between India and New Zealand.
India and New Zealand have concluded a free trade agreement providing duty-free access for Indian exports, duty-free inputs for manufacturing, and tariff liberalisation with exclusions for sensitive sectors. The agreement also includes phased tariff elimination for selected goods, limited tariff-rate quotas for certain products, a commitment to facilitate investment into India, and a rebalancing clause to address any shortfall in investment delivery.

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Customs & Trade

PM leading country with firmness, skill through global conflict: Rajnath

May 14, 2026

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Jodhpur, May 14 (PTI) Defence Minister Rajnath Singh on Thursday said India has displayed remarkable political willpower amid the ongoing global economic and geopolitical challenges by signing trade deals with 38 countries.

No force in the world could stop the country from becoming a global superpower by 2047, he claimed.

The minister was addressing a programme in Jodhpur after unveiling a statue of former vice president and former Rajasthan chief minister Bhairon Singh Shekhawat.

Praising Prime Minister Narendra Modi for steering the country through adverse international conditions, he said, "India's political willpower has been demonstrated recently in the matter of trade tariffs. The world is facing crises in West Asia, yet Prime Minister Modi is leading the country forward with firmness and skill in adverse international circumstances." "I can say with confidence that no other country has achieved what India has. Despite global tensions, India has signed trade agreements with 38 countries. This has become a milestone in the history of trade," he added.

Singh claimed that as a result of it, the US had to reduce tariffs.

"When adverse situations arise, India emerges stronger. The entire world may be facing difficulties, but India will emerge even more refined from these circumstances," he said.

"By 2047, no power in the world will be able to stop India from becoming a global superpower," the defence minister claimed.

Referring to Modi's recent appeal for moderating fuel use and other specific expenditures, Singh said people were responding positively.

"The prime minister recently told people what they should do --” avoid purchasing gold for a year, save fuel and reduce the use of vehicles. We have also done that and reduced our convoy strength by more than 50 per cent," he said.

Recalling India's nuclear tests in Rajasthan, Singh said former prime minister Atal Bihari Vajpayee had shown courage despite international sanctions.

"Five nuclear tests were conducted on the soil of Rajasthan when Atal Bihari Vajpayee was the prime minister and Shekhawat was the chief minister. India emerged as a nuclear power despite global sanctions and challenges," he said.

Praising Shekhawat's contribution to the BJP and Indian politics, Singh said he played a key role in strengthening the party at the grassroots level.

"The greatest credit for taking the BJP to every household can be given to Bhairon Singh Shekhawat. He strengthened the party at the grassroots level, and his image rose above party politics," Singh said.

"He did politics not merely to form governments, but to build society and the nation," he added.

Singh said Shekhawat remained committed to democratic values even during the Emergency.

"He used to say that if democracy did not exist, he would have had no option except farming in Khachariyawas," Singh recalled.

The defence minister said Shekhawat had also been among the earliest leaders to advocate simultaneous Lok Sabha and assembly elections.

"He believed that simultaneous elections would save time and money and ensure continuity in development works. The foundation for the 'One Nation, One Election' discussion was laid much earlier by Bhairon Singh Shekhawat," he said.

Referring to the late chief minister's Antyodaya scheme, Singh said it reflected his concern for the poorest sections of society.

"His dream was prosperity in every household. Rajasthan and India are touching new heights of development following the path shown by him," the defence minister said.

He also praised Rajasthan Chief Minister Bhajan Lal Sharma, saying the state was progressing rapidly under his leadership.

"I have worked in politics for a long time and can say from experience that no one can claim to turn a state into heaven in two years. But the way Bhajanlal Sharma is trying to take Rajasthan forward, I am confident he will be remembered as a successful chief minister," Singh said.

Highlighting improvements in rural drinking water supply, he said only 11.68 lakh rural households in Rajasthan had water connections in 2019, which has increased to over 60 lakh rural households by March 2025.

Singh also recalled Shekhawat's accessible style of politics.

"He never allowed the 'slip system' to function. Anyone who entered could meet him directly," Singh said.

Calling for healthy democratic traditions, Singh said political differences should not turn into bitterness.

"In politics, there can be differences of opinion, but there should not be bitterness or personal hostility," he said.

He said that today, some people refuse to tender resignation after losing elections -- apparently referring to former West Bengal chief minister Mamata Banerjee.

Sharma, Union Minister Gajendra singh Shekhawat and other leaders were also present at the programme. PTI SDA PRK

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