India’s river cruise tourism is set for significant expansion with the Cruise Bharat Mission planning 51 new circuits by 2027. Viking Cruises is entering the market with the Viking Brahmaputra, an 80-guest vessel operating on National Waterway-2.
Centre plans 51 cruise circuits across 14 states, 3 UTs by 2027
Tariff changes by the United States are reshaping its import sources. India is gaining ground in the American market, especially in electronics and textiles. China’s share is declining across various sectors. Vietnam and Indonesia are also benefiting in agriculture. While India’s pharma sector remains strong, steel and chemicals face challenges due to high duties.
India-UK FTA set to boost bilateral trade by £25.5 billion annually: British High Commission official
3 months ago
Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt has said that the India-UK Free Trade Agreement is projected to increase bilateral trade between the two countries by £25.5 billion every year.
Commerce and Industry Minister Piyush Goyal will join Prime Minister Narendra Modi in London for the signing of the free trade agreement between India and the UK on July 24. The agreement, finalized on May 6, aims to eliminate tariffs on key exports and imports, with the goal of doubling trade to USD 120 billion […]
The US team is set to visit India in August for further negotiations on the proposed bilateral trade agreement, following discussions in Washington. Both nations aim to finalize an interim trade deal before August 1, the deadline for suspended Trump tariffs. Key issues under discussion include agriculture, automobiles, and non-market economy practices.
28 states, UTs formulate export strategy to promote India’s outbound shipments: Official
3 months ago
To boost outbound shipments, 28 states and UTs have formulated export strategies, complemented by State and District Export Promotion Committees across all regions. Draft district action plans are prepared for 590 districts, with 249 formally notified, aiming to promote exports and address bottlenecks. This initiative aligns with the ‘Districts As Export Hubs’ policy, fostering domestic […]
India’s bank loan growth dropped to 9.4% as of June 27, its lowest since March 2022, while deposit growth rose to 10%, outpacing credit demand. Despite rate cuts and easing liquidity, credit growth slowed due to weak investment demand. Economists suggest structural reforms in tariffs, trade, FDI, and ease of business are needed to revive […]
India’s electronics exports surged by 47% to $12.41 billion in April-June 2025-26, with the US, UAE, and China as top destinations, signaling India’s rise as a global manufacturing hub. Ready-made garment exports also increased, driven by strong demand from the US, while marine exports saw a significant boost, again with the US as the primary […]
India’s auto exports xoom 22% in Q1 on record car shipments; Maruti grabs nearly half the pie
3 months ago
India’s automobile exports surged 22% year-on-year in the April-June quarter, fueled by record passenger vehicle shipments and strong growth in two-wheelers and commercial vehicles. Passenger vehicle exports hit an all-time high, driven by demand in the Middle East, Latin America, and reviving neighboring markets. Maruti Suzuki led the PV export growth, while Hyundai Motor India […]
India concluded the fifth round of trade talks with the US. Piyush Goyal affirmed India’s commitment to national interests. India prioritizes strategic patience over external pressure. India focuses on securing access for its IT, textiles, and pharmaceuticals. India resists US demands in agriculture and dairy sectors. India emphasizes negotiating in the negotiating room, not through […]