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News 22 October 2026

 

What's New...

 

DGFT Extends Raw Sugar Imports Extends under Duty Free Licence TRQ of 10 Lakh MT (Rs. 6000 crs) to 31 Dec. 2026, No Takers for License Based Imports

DGFT Extends Deadline for Surrender of Unutilised Raw Sugar TRQ by Another One Month to 15 Nov 2026 with Fine for Non Import, No Demand for Import through Licence even though Government Stops Sugar based Ethanol for Petrol Blending in PSU Ethanol Procurement Tenders

PSIC Exemption for Metallic Waste and Scrap Imports from Designated Safe Countries

DGFT Advises Caution in Dealings with Bangladesh Company After Dispute with Assam Firm; Company Not on Prohibited List

Another Haul of Meth Destined for Sri Lanka Natco Trading Hub of Seized in Bhopal

India and New Zealand Sign MoC on Electronic Origin Data Exchange to Facilitate FTA Trade

Piyush Heads to Germany in Delegation while Rajnath Leads Trade in SCO Meet in Uzbekistan

India Hosts First AgriVoltaics World Conference in the Global South; Next Phase of PM-KUSUM to Boost Solar Farming

Rubio in Bombay and Jamnagar to Sell Venezuela Oil besides Advancing Trade Deal

Saudi Oil Competes with Russia for 5mn bpd Chinese Market

US and Israel Prepare for Possible Renewed Strikes on Iran After November Midterm Elections

US Eases Russia Oil Sanctions Despite High Diesel Prices and Congressional Pressure

Trump Revives Anti-China Quad Alliance, calls in India, Australia and Japan in ASEAN Nov Meet in Manila, Demands India Play Active Role in Policing Pacific

US Targets Law Firm with Iran Ties

China’s DeepSeek AI Banned in US

WTO may be Reduced to Two Tier Body with Developed Countries and China in Top Layer

 

21.10.2026

Rubio Summons EAM Jaishankar to Bombay Taj Hotel to Discuss Trade Deal as he Visits Ambani Set Up in Jamnagar, Deals to Sell Vegetable Oil, Fossil Oil and Gas to India in the Offering

Marco Rubio’s India Visit Focuses on Trade Deal, Energy Cooperation and Business Ties

India–New Zealand FTA Comes into Force on 20 October 2026, Granting 100% Duty-Free Access for Indian Exports which are Otherwise Charged Only Two percent MFN Tariff

Defence Minister Rajnath Addresses SCO Dushanbe Meeting on Trade

Consumer Protection Body against Online Sales of Crackers, 3940 Sellers Delisted

High Excise and Sales Tax Leads to Cigarette Smuggling, DRI Seizes China Consignment in Mizoram from Burma Border

Sri Lanka Terminates US$392 Million Colombo Logistics Hub Project with Chinese Investor, Settled for $22 mn Payment

APEC Finance Chiefs Reach Historic Consensus in Hong Kong on AI and Infrastructure Financing

591.3 kg of Ganja Smuggled from Nepal in Uttar Pradesh Seized

BIS Organises Nationwide Sessions to Strengthen AYUSH Quality Standards and Global Recognition

US Bans DeepSeek AI Products from Federal Agencies; China Accuses Washington of Discrimination

US Court Challenge to Trump’s 50% Tariffs on Selected Canadian Imports

UK Approves Jackdaw North Sea Gas Project Amid Energy Security Concerns

WTO and ITC Support Somalia’s Preparations for Next Stage of WTO Accession

WTO Import Licensing Committee Reviews Notification Gaps and Raises Trade Concerns, Including India’s Import Measures

BIR Seeks Four-Week Extension of EU Consultation on Recycled Metal Export Restrictions

 

16.10.2026

India-US Trade Deal Nears Completion; Trump to Decide on Russian Oil Sanctions Within 10 Days

September Exports Stagnant at $44.4bn but Imports Up $4bn Over Aug

September Exports Rise 23% as Merchandise Trade Deficit Narrows; Shipments to US Rise 11%

Committee on Trade Concerns Emerges as Second Channel as Regulator Dispute Settlement Caught in Stalemate

Piyush Launches Strategic Trade Command Platform Said to Improve on Existing Trade Connect Window

Four Chennai Residents Arrested at Bengaluru Airport for Alleged Gold Smuggling from Dubai

Sitharaman Hopes for Early India-US Trade Deal, Flags China’s Non-Tariff Barriers

NITI Aayog Unveils Framework for Sustainable Data Centre Growth Across States

1.755 MT of Organic Palmyra Jaggery Powder Exported from Tamil Nadu to Bulgaria

Climate Change, El Niño and Conflict Drive Global Sugar Prices Higher, Hitting India Hard

China Proposes New Export Bans and Restrictions on 40 Technologies Across AI, Biotechnology and Solar Power

China Launches Multi-Agency Probe into Maextro EV Brake Failures Amid Stricter Vehicle Safety Oversight

Chinese EV Makers Capture 85% of Thailand’s Market, Threatening 700,000 Auto Industry Jobs

Bipartisan Group of 20 Reps Call for Russia Oil Sanctions as 18 Oct Date for Implementation Nears

Minister Claims India US Trade Deal Nearing as India wants Equal Stations in Tariff Rate with Neighbours

Pakistan Companies Move into Lithium Battery Assembly with China Partners

Russia-Ukraine War Expands to Data Centres, Disrupting Digital Services and AI Infrastructure

 

 

 

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Last Updated on 22-10-2026