US cotton export sales showed a strong recovery in the week ending April 17, 2026, with Upland demand rebounding while Pima sales moderated. According to the US Department of Agriculture (USDA) weekly report, net sales of Upland cotton for the 2025–26 marketing year rose to 162,900 RB (running bales), each weighing 226.8 kg, up 36...Read More

India’s Goods and Services Tax (GST) collections touched a record high in April 2026, signalling resilience in economic activity despite global uncertainties. Gross GST revenue rose 8.7% year-on-year to ₹2,42,702 crore, compared with ₹2,23,265 crore in April 2025, according to official data released on May 1. After accounting for refunds, net GST collections stood at...Read More

The government has cut down export duties on diesel and aviation turbine fuel (ATF). In this regard, the Centre has issued a notification which has come into effect from today.   According to the Ministry of Finance’s release, the export duty on diesel has been set at 23 rupees per litre, while aviation turbine fuel...Read More

NEW DELHI: Russia remained the largest source of crude for India in April, supplying 1.6 million barrels a day (mbd), followed by Saudi Arabia, the UAE, Venezuela and Qatar, data from shipment-tracking firm Kpler has shown.India imported nearly 4.4 mbd of crude in April, marginally lower than in March (4.5 mbd) and 85% of Feb...Read More

New Delhi: The ministry of finance has lowered the export duty on diesel to ₹23 per litre and that on jet fuel to ₹33 per litre with effect from Friday, 1 May. For the past two weeks, the duty on export of diesel and aviation turbine fuel (ATF) was at ₹55.5 per litre and ₹42...Read More

CBIC Brings Major Relief for Importers with Faster Food Import Clearance and More Inspection Hubs The Central Board of Indirect Taxes and Customs has issued an Instruction No. 04/2026-Customs on April 20th, 2026, under Section 25 read with Section 47(5) of the Food Safety Standards (FSS) Act, 2006, and Regulation 13(1) of the FSS (Import)...Read More

Brazilian fruit exports increased by 25% in the first half of 2026, with mangoes and apples among the main drivers. Total export revenue exceeded US$350 million during the period. According to Abrafutas, the sector generated US$351 million and shipped 330 million kilograms...Read More

Live: Rupee hits new low amid Brent above $120; market breadth weakens | Closing Bell Indian markets staged a sharp intraday comeback, with the BSE Sensex rebounding nearly 800 points from the day’s low and the Nifty 50 reclaiming the crucial 24,000 mark. The recovery was driven by a mix of global and domestic triggers...Read More

IANS | 30 Apr, 2026 India is targeting $2 trillion in total exports by 2030–31, comprising $1 trillion in merchandise exports and $1 trillion in services exports, the government said on Wednesday. The Department of Commerce has developed a structured Export Monitoring Framework, which breaks down the national target into sector-wise actions across Engineering Goods,...Read More

Representational image. | New Age file photo The Bangladesh Bank has instructed all scheduled banks not to open letters of credit or process telegraphic transfers for the import of dietary and related supplements without prior approval from the Directorate General of Drug Administration. The directive was issued on Wednesday through a...Read More