This week for exporters: 16 Oct to 22 Oct 2026
India–NZ FTA now in force, US duties coming on Indian solar cells, a drawback cut for gold and silver jewellery, new SEZ return rules and a pause on Russia-linked US tariffs.
The blog
India's exports rise 13.8% in April–September 2026, led by electronics
Government data released on 15 October 2026 put India's goods and services exports for April–September 2026 at US$ 476.20 billion, 13.84% higher than a year earlier. Merchandise exports grew 18.51%.
US pauses Russia-linked tariff threat as Rubio says India trade deal is weeks away
A US order of 16 October suspended possible tariffs of up to 100% on big buyers of Russian crude, including India. On 20 October Rubio said a US–India deal is weeks away. No terms are published yet.
India and Canada aim to close their trade deal by end-2026 after fifth round
The fifth round of India–Canada CEPA talks ran in Ottawa from 5 to 9 October 2026, with both sides aiming to conclude the agreement by the end of 2026. No tariff terms have been published yet.
This week for exporters: 9 Oct to 15 Oct 2026
India–New Zealand FTA origin rules notified ahead of 20 October, three new RBI circulars on rupee hedging, ECGC rating changes and a shipbuilding policy, and DGFT's rough-diamond SNZ change.
Hedging export receivables after the RBI's October 2026 forex rules
RBI's 10 October 2026 circulars bar rebooking of cancelled forex hedges, cut the undocumented hedge limit to USD 5 million and add a 20% reserve on large import hedges. What exporters should do.
RBI Announces Major Trade Relief Measures to Support Exporters Amid Global Headwinds
In a move aimed at cushioning Indian exporters from ongoing global trade disruptions, the Reserve Bank of India (RBI) has rolled out a fresh set of trade relief measures. These steps are designed to…
India–UK Free Trade Agreement: A New Chapter in Bilateral Commerce
India and the United Kingdom signed a landmark Comprehensive Economic and Trade Agreement (CETA) on July 24, 2025, sealing one of the most consequential trade pacts in recent decades. The deal…
Trump’s 25% Tariff Shock Hits Indian Exporters as Policy Landscape Shifts: A Critical Analysis for Indian Export Community
Immediate Impact: Trump’s Tariff Bombshell Creates Market Turmoil The Indian export sector faces its most significant challenge in recent years as US President Donald Trump announced a sweeping 25%…
Trump’s Tariff Shock: A Critical Analysis of Challenges and Opportunities for Indian Exporters
US President Donald Trump’s announcement of a sweeping 25% tariff on Indian exports, effective August 1, 2025, marks a pivotal moment for India’s export sector and broader economic trajectory. This…