FTA with UK likely next week, legal review on

3 months ago

India and the UK are poised to formally sign a Free Trade Agreement next week, with legal reviews nearing completion. India anticipates duty-free access for 99% of its exports to the UK, boosting sectors like textiles and engineering.

50 developing nations back India’s push for fairer WTO fish subsidy rules

3 months ago

Around 50 developing nations support India’s stance on fisheries subsidies at the World Trade Organization. India advocates for per capita subsidies and special treatment for its fishermen. They seek a 25-year exemption from subsidy cuts. WTO members are negotiating Fish 2 to curb overfishing subsidies. India emphasizes sustainability over market access.

Both sides trying to iron out issues: India on proposed trade deal with US

3 months ago

India and the US are actively engaged in trade negotiations, aiming to resolve outstanding issues for a potential deal, according to the Ministry of External Affairs. While the US seeks greater market access, India emphasizes that any agreement must align with its national interest and not be rushed.

Adani Krishnapatnam Port moves SC against National Green Tribunal’s penalty over alleged environmental violations

3 months ago

Adani Krishnapatnam Port has appealed to the Supreme Court against the National Green Tribunal’s order imposing a penalty for alleged past environmental violations. AKP argues that the NGT’s decision was arbitrary and violated natural justice principles, citing inadequate hearing opportunities and reliance on unverified reports. The appeal challenges the tribunal’s directions regarding pollution control measures […]

Mini US trade deal likely as genetically modified door ajar

3 months ago

India and the US are in talks for an interim trade deal. India is open to some GM farm imports. However, it restricts GM corn and soyabean imports. The US wants tariff cuts across sectors. This includes cars, dairy, and farm products. The aim is to finalise a deal before the Quad summit in India.

NATO warns India, China, Brazil of 100% sanctions over Russia trade

3 months ago

NATO Secretary General Mark Rutte has threatened India, China, and Brazil with 100% secondary sanctions if they continue trading with Russia. He urged these nations to pressure President Putin for serious peace talks with Ukraine.

Duty Dilemma: India Inc’s American dream on hold as tariff talks drag

3 months ago

Prolonged trade discussions between India and the US are causing uncertainty for Indian businesses, leading to a slowdown in export orders across sectors like electronics, textiles, and seafood. US clients are adopting a cautious approach, delaying new orders and seeking clarity on tariffs compared to countries like China and Vietnam.

We have another deal coming up ‘maybe’ with India, says Trump

3 months ago

Donald Trump suggests a potential trade agreement with India. This statement occurred during a meeting with Bahrain’s Crown Prince and Prime Minister at the White House. Trump mentioned the possibility of another deal with India. Discussions are underway, signaling a positive outlook for economic cooperation. This development could strengthen ties between the two nations. Further […]

Trump hints at Indonesia-style trade pact with India; experts warn of one-sided terms

3 months ago

Donald Trump says the India trade deal will mirror the US-Indonesia pact. India and US are negotiating a trade agreement. The fifth round of negotiations are underway in Washington. India seeks easing of tariffs on steel, aluminium and auto sectors. The US wants duty concessions on automobiles and agricultural goods.

DP World, DPA, Nevomo ink pact to explore autonomous magnetic rail freight movement in India

3 months ago

DP World, Deendayal Port Authority and Nevomo are collaborating. They will explore autonomous magnetic rail freight movement in India. A pact was signed to explore a pilot project. Nevomo’s MagRail technology will be used. It will enable self-propelled movement of cargo within the port. The MoU establishes a 750-metre pilot project at Deendayal Port.

FTA with UK likely next week, legal review on

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