India and Oman’s Comprehensive Economic Partnership Agreement (CEPA), signed in December 2025, comes into effect today, June 1, 2026. The deal expands opportunities in services and professional mobility, strengthening bilateral trade and economic ties.
Chief Economic Advisor V Anantha Nageswaran said India and the US are likely to resolve their tariff stalemate within 8–10 weeks. Talks are underway to cut reciprocal duties, while both sides intensify efforts toward a mutually beneficial trade agreement
The EU has said a key objective of its trade negotiations is removing barriers and helping European companies, particularly smaller firms, to export more. In the same spirit, it must reciprocate by removing trade barriers on Indian firms, especially MSMEs, the people said, requesting anonymity.
The country's trade performance demonstrated stability and moderate growth during the first quarter of the current financial year, according to a NITI Aayog Trade Watch report
Sugar prices have been steadily increasing in the international market to multi-year highs and the 15-day average price estimated by the International Sugar Organisation has been above 26 cents in recent weeks.
