Piyush Goyal meets US Secretary Howard Lutnick for a mutually beneficial India-US trade agreement

Export houses on radar for illicit Pakistan trade via UAE

1 year ago
India’s Financial Intelligence Unit is scrutinizing transactions of 20 export houses suspected of laundering money to and from Pakistan via the UAE. The probe centers on inflated prices and commissions in trades involving items like jewelry, beauty products, and electric goods. Authorities suspect the funds may have links to terror, prompting a thorough investigation into […]
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Indian investments in Dubai up after CEPA: President and CEO, Dubai Chambers

1 year ago
The India-UAE CEPA, effective since May 2022, has spurred a surge in Indian investments in Dubai, particularly in sectors like IT, consumer products, and real estate. Trade facilitation and streamlined regulations under the agreement have fueled this growth. There’s significant potential for collaboration in AI, e-commerce, and advanced manufacturing, with Indian FDI into Dubai reaching […]
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UK to give non-discriminatory treatment to Indian firms in public procurement under FTA

1 year ago
The UK-India free trade agreement marks a significant step as the UK commits to non-discriminatory treatment for Indian companies in its public procurement, adhering to its Social Value regime. In return, India will allow UK firms to participate in non-sensitive sector procurements, excluding state and local government tenders, with considerations for ‘Make in India’ policy […]
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Trade tensions, policy uncertainty still hurting global growth, but India shows resilience: RBI

1 year ago
Despite global economic headwinds like trade tensions and policy uncertainty, the Indian economy demonstrates resilience with sustained momentum in industrial and service sectors, according to an RBI report. Encouraging signs include record GST collections, a strong agriculture sector outlook, and declining CPI inflation. India’s stability and strong macroeconomic fundamentals position it as a promising destination […]
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India better placed to face US tariffs: Moody’s

1 year ago
Moody’s Ratings indicates India’s strong domestic economy and low export dependence will help it withstand US tariffs and global trade disruptions. Government initiatives and easing inflation are expected to support economic growth, projected to be the highest among G-20 countries. While US tariffs pose uncertainties, India could benefit from capturing market share from other emerging […]
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Trading with India will be ‘quicker, cheaper, easier’ post-FTA, says UK

1 year ago
The UK government said trade with India will become “quicker, cheaper and easier” under the new Free Trade Agreement (FTA) signed this month. Business Secretary Jonathan Reynolds called it the “best deal India has ever agreed to.” The deal is expected to boost UK exports—such as whisky, machinery, and medical devices—by £25.5 billion annually in […]
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