India, EU working on series of transformative initiatives besides eyeing to seal FTA by December

India and the European Union are set to intensify negotiations for a free trade agreement, aiming to resolve differences on rules of origin, market access, and duties. High-level meetings are planned, including visits by EU officials and committees, to finalize the deal by year-end.

Israeli Finance Minister Bezalel Smotrich’s upcoming visit to India aims to strengthen economic ties, with the signing of a bilateral investment treaty (BIT) expected. This BIT seeks to protect investors and boost confidence through assured treatment and dispute resolution. Discussions will also lay the groundwork for a free trade agreement (FTA) to further enhance trade […]

Indian Ambassador to Japan Sibi George has expressed his heartfelt appreciation for the support he received in strengthening India-Japan relations during his tenure in the country, as he prepares to leave his post, the Japan Times reported.

India’s exports of the newly-exempt 50-odd items amount to about $20 million annually. The products include highly specialised: nitrile compounds used in pharmaceuticals and agrochemicals; nickel waste and scrap recycled into stainless steel and batteries; lidocaine, a local anaesthetic; nick el powders for catalysts and 3D printing; nickel flakes used in conductive coatings; and high-purity […]

US Commerce Secretary Howard Lutnick suggests India will eventually seek a deal with Donald Trump, despite current tensions over Russian oil purchases. Lutnick criticized India’s increased reliance on discounted Russian oil and its role in BRICS, urging New Delhi to align with the US. He believes economic realities will compel India to prioritize its relationship […]

US Commerce Secretary Howard Lutnick suggests India will eventually seek a deal with Donald Trump, despite current tensions over Russian oil purchases. Lutnick criticized India’s increased reliance on discounted Russian oil and its role in BRICS, urging New Delhi to align with the US. He believes economic realities will compel India to prioritize its relationship […]