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24/05/2026

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23/05/2026

India blocks China's request for dispute panel on solar sector support measures at WTO

New Delhi, India has blocked China's request to set up a dispute panel at the WTO in a case that Beijing has filed against New Delhi's support measures for the solar cells, modules, and information technology... Read more https://economictimes.indiatimes.com/news/economy/foreign-trade/india-blocks-chinas-request-for-dispute-panel-on-solar-sector-support-measures-at-wto/articleshow/131264649.cms

22/05/2026

US firms commit over USD 60 bn investment in last 6 months: Piyush Goyal

Minister Piyush Goyal on Thursday said investment commitments from American companies in the last six months are estimated to exceed USD 60 billion, including major data centre investments by firms... Read more https://ikargos.com/resource/industry-news/us-firms-commit-over-usd-60-bn-investment-in-last-6-months-piyush-goyal-3147

21/05/2026

US seeks to boost energy exports to India as Rubio visits Delhi

The Trump administration wants to boost energy exports to India, the US ambassador in New Delhi said on Wednesday, ahead of a multi-day visit by Secretary of State Marco Rubio to the world’s most populous country.

“India has been receptive to diversification... Read more https://ikargos.com/resource/industry-news/us-seeks-to-boost-energy-exports-to-india-as-rubio-visits-delhi-3145

20/05/2026

Italy and India set to upgrade ties during PM Modi's visit to Rome

Italy and India will seek to reinforce diplomatic and trade ties during Prime Minister Narendra Modi's visit to Rome by elevating their relationship to that of a special strategic partnership, an Italian government official... Read more https://ikargos.com/resource/industry-news/india-eu-trade-pact-to-help-boost-domestic-auto-manufacturing-senior-official-3144

19/05/2026

19/05/2026

Nepal to procure 80,000 tonnes of fertiliser from India as Iran disrupts global supply chains

New Delhi: Nepal has decided to procure 80,000 tonnes of fertiliser from India under a government-to-government arrangement, as global supply disruptions and soaring prices following the West Asia... Read more https://ikargos.com/resource/industry-news/nepal-to-procure-80-000-tonnes-of-fertiliser-from-india-as-iran-disrupts-global-supply-chains-3126

19/05/2026

Standstill in India gold imports drags on, threatens supply

Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s second-biggest bullion market... Read more https://ikargos.com/resource/industry-news/standstill-in-india-gold-imports-drags-on-threatens-supply-3129

19/05/2026

India bans sugar exports until September 2026 to cool local prices

India on Wednesday ​banned sugar exports with immediate effect ​until September 30, 2026, or until further orders, the government ​said in a notification, as the world's second-largest sugar producer tries to rein in local prices... Read more https://ikargos.com/resource/industry-news/india-bans-sugar-exports-until-september-2026-to-cool-local-prices-3136

19/05/2026

GOLD IMPORTS VS INDIA’S ECONOMIC STABILITY

India’s gold imports touched a record $72 billion in FY26, accounting for nearly 10% of the country’s total import bill amid rising global uncertainty and higher crude oil prices.

To reduce pressure on India’s foreign exchange reserves and support the rupee, PM Narendra Modi recently appealed to citizens to postpone non-essential gold purchases for about one year.

Why this matters for India’s economy?

• Lower gold imports can help reduce dollar outflow and support the Indian Rupee

• It may help contain the Current Account Deficit (CAD) during a period of global volatility

• Conserving forex reserves strengthens India’s ability to manage essential imports like crude oil, fertilizers and technology

The Government has also raised import duties on gold and silver from 6% to 15% to curb non-essential imports and protect forex reserves.

Analysts believe investors may increasingly explore financial alternatives such as Gold ETFs and digital gold products instead of physical gold purchases.

A stronger economy begins with smarter financial priorities.

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