Commerce Ministry

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11 Stories Indexed

Last Updated: Just Now

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Macro Economy & Fiscal Policy 09 Oct 2026, 08:18 AM IST

India Sets Up FTA Utilisation Cell to Turn Trade Deals Into Measurable Gains

India has established a dedicated Free Trade Agreement utilisation cell to help exporters and importers make fuller use of preferential trade pacts, Commerce Secretary Sunil Barthwal said on Wednesday. The move comes as New Delhi seeks to prove that its newer FTAs, negotiated with more complementary economies, can deliver stronger trade outcomes than earlier agreements that were often underused.

By RDU Global Wire5 min read

National Governance & PolicyJust now (09:24 PM IST)

Goyal-Greer Talks Likely to Center on India-US Trade Pact, Interim Deal

India’s upcoming bilateral talks with the United States are expected to focus on the proposed India-US bilateral trade agreement and the possibility of an interim arrangement, according to the Commerce Ministry. The discussions come as New Delhi seeks to deepen market access and manage tariff risks ahead of Commerce Minister Piyush Goyal’s visit to the US for the G20 Trade Ministers’ meeting from September 29 to October 5.

6 min readRead →

National Governance & PolicyJust now (10:00 AM IST)

Goyal-Greer Talks Set to Centre on India-US Trade Pact as Tariff Uncertainty Looms

India’s Commerce Ministry said the upcoming meeting between Commerce Minister Piyush Goyal and US Trade Representative Jamieson Greer is expected to focus on the proposed bilateral trade agreement and an interim deal, as both sides seek to narrow differences ahead of a broader negotiation. The talks come as New Delhi faces fresh uncertainty over proposed US legislation linked to 100 per cent tariffs, adding urgency to the diplomatic and commercial agenda.

5 min readRead →

National Governance & PolicyJust now (04:22 AM IST)

Goyal-Greer Talks Likely to Centre on India-US Trade Pact, Interim Deal as Tariff Risk Looms

India and the United States are expected to intensify trade discussions when Commerce Minister Piyush Goyal visits Washington from September 29 to October 5 for the G20 Trade Ministers’ meeting, with bilateral talks likely to focus on a broader bilateral trade agreement and a possible interim arrangement. The outreach comes at a sensitive moment, as uncertainty persists over proposed U.S. legislation linked to Senator Lindsey Graham that could authorise steep tariffs, adding urgency to efforts to stabilise the trade relationship.

5 min readRead →

Macro Economy & Fiscal PolicyJust now (03:11 AM IST)

Air India CEO-Designate Gebremariam Prioritises Profitability, Safety and Reliability

Air India’s CEO-designate has set out a clear operating agenda centred on profitability, safety and reliability, signalling a disciplined push to strengthen the carrier’s fundamentals. At his first employee townhall, he also highlighted revenue enhancement, cost control and sustainable expansion as the airline seeks to sharpen execution amid a demanding aviation market.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 09:11 AM IST

Small Traders Withdraw 'No UPI Day' Protest After Meeting Sitharaman

Small-trader groups have withdrawn their planned 'No UPI Day' protest for October 2 after a meeting with Finance Minister Nirmala Sitharaman in New Delhi on Wednesday. The decision eases a potential flashpoint over digital payments, with trader bodies saying their concerns were heard and that they would continue engagement with the government on merchant payment issues.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 08:50 AM IST

Traders Withdraw 'No UPI Day' Protest After Sitharaman Meeting Eases Tensions

Small-trader groups have withdrawn their planned 'No UPI Day' protest for October 2 after a meeting with Finance Minister Nirmala Sitharaman in New Delhi. The decision, announced by the All India Consumer Products Distributors Federation and the All India Mobile Retailers Association, signals a temporary easing of friction over digital payments and merchant concerns.

5 min readRead →

National Governance & Policy13 Oct 2026, 11:36 AM IST

Power Secretary Meets EU Tax and Customs Chief in New Delhi as India Deepens Regulatory Dialogue

India’s Power Secretary held a bilateral meeting with Gerassimos Thomas, Director-General for Taxation and Customs Union at the European Commission, in New Delhi on Tuesday, underscoring the growing policy interface between India and the European Union. The discussion is understood to have focused on regulatory coordination, trade facilitation, and broader economic cooperation at a time when both sides are navigating complex supply-chain, energy-transition, and market-access priorities.

5 min readRead →

Banking, Fintech & Insurance12 Oct 2026, 10:55 AM IST

Sitharaman Rejects UPI MDR Misconception, Says Merchant Charge Will Not Reach Consumers

Finance Minister Nirmala Sitharaman has moved to calm concerns around the Merchant Discount Rate on certain UPI transactions, saying the charge will be borne by merchants and will not be passed on to consumers. She also stressed that the levy is not a tax, cess or surcharge, but a payment-processing cost applicable only to select transactions above Rs 2,000.

5 min readRead →

Banking, Fintech & Insurance11 Oct 2026, 02:00 PM IST

Sitharaman Rejects UPI MDR Misconception, Says Merchants Bear the Charge

Finance Minister Nirmala Sitharaman has dismissed concerns that the Merchant Discount Rate on select UPI transactions above Rs 2,000 will be passed on to consumers. She said the charge is borne by merchants, not the government, and stressed that it is neither a tax nor a cess. The clarification comes amid renewed scrutiny of digital payments costs and their possible effect on adoption in India’s fast-growing UPI ecosystem.

5 min readRead →

Banking, Fintech & Insurance11 Oct 2026, 05:08 AM IST

Government Moves to Curb UPI Merchant Fees as Daily Monitoring Begins on October 15

India’s finance ministry is preparing to closely monitor compliance with new UPI merchant discount rate rules from October 15, as it negotiates with payment aggregators over a proposed 0.4% fee on transactions. Officials say the charge is intended to support the cost of expanding digital payments, but it must not be passed on to consumers. The move reflects a broader effort to balance UPI’s rapid growth with the economics of merchant acceptance, especially among small businesses.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Commerce Ministry:

New Delhi(5)United States(3)Piyush Goyal(3)Office of the United States Trade Representative(3)Jamieson Greer(3)Sunil Barthwal(2)