Jaishankar pushes for swift India-EU FTA

9 months ago

India seeks a swift conclusion to free trade agreement talks with the European Union. External Affairs Minister S Jaishankar discussed this with his German counterpart Johann Wadephul. Germany pledged its support for the India-EU FTA. Discussions also covered boosting ties in economy, climate, defence and technology.

India raises exporters’ mobility, visa, non-tariff barriers issues in EU with Germany

9 months ago

During a meeting in New Delhi, India addressed migration, visa processes, and non-tariff barriers impacting Indian exporters in the EU, including Germany. Minister Goyal and Foreign Minister Wadephul agreed to collaborate on resolving these issues to facilitate smoother trade.

Russian crude’s share rises 5% in a shrunk August basket

9 months ago

India’s crude imports hit a 10-month low in August due to weaker domestic demand, even as Russian supplies increased by 5.6% to 1.67 mbd, raising its share to 37%. Imports from Iraq, Saudi Arabia, and the US declined, while the UAE emerged as a significant gainer. Discounts on Russian oil continue to attract Indian refiners, […]

India raises concerns over mobility, non-tariff barriers faced by Indian exporters in EU

9 months ago

India has voiced concerns to Germany regarding migration, visa processes, and non-tariff barriers impacting Indian exporters in the EU. Both nations have committed to collaborative efforts aimed at resolving these issues and fostering smoother trade relations. The ministers also discussed doubling bilateral trade in goods and expanding trade in services.

Piyush Goyal assures help to exporters to deal with global trade uncertainties

9 months ago

Commerce Minister Piyush Goyal has assured exporters of government support in navigating steep US tariffs. He urged them to enhance product quality, diversify supply chains, and explore new markets. The government is committed to creating a supportive ecosystem through various initiatives and policy interventions. India’s exports rebounded in July, with a significant increase in trade […]

PM Modi to take part at India Maritime Week in Mumbai: Union minister Sarbananda Sonowal

10 months ago

Union Minister Sarbananda Sonowal announced Prime Minister Modi’s attendance at India Maritime Week in Mumbai, highlighting India’s growing maritime influence. Two luxury cruise ships are being built for the Brahmaputra River, enhancing Assam’s tourism. Investments in Northeast waterways infrastructure and initiatives like the Cruise Bharat Mission are set to unlock the region’s maritime potential and […]

Kolkata port cargo handling rises 16 per cent in April-August

10 months ago

Syama Prasad Mookerjee Port, Kolkata, demonstrated substantial growth in cargo management during the initial five months of fiscal year 2025. The port handled 28.236 million metric tonnes, marking a 16.02% increase compared to the previous year. Both the Haldia Dock Complex and Kolkata Dock System experienced significant growth, contributing to the port’s overall success.

Japanese shipping giant Mitsui OSK Liners in talks to build ships in India, aims to lead green shipping

10 months ago

Mitsui OSK Lines (MOL) is in discussions with the Indian government to construct ships in India, aiming to contribute to the nation’s maritime expansion. MOL (India) has already re-registered 13 ships in India and plans to order medium-range ship tankers from Cochin Shipyard.

Hope to finalise US trade pact by November, says Piyush Goyal

10 months ago

Piyush Goyal anticipates concluding a trade agreement with the US by November. Trade talks with the European Union are progressing well. Relations with China are improving as border tensions decrease. India has already finalized trade agreements with Mauritius, Australia, EFTA, the UK, and the UAE. India aims to be self-reliant by ensuring resilient supply chains.

India ups the tempo in diversifying trade deals

10 months ago

India is accelerating its efforts to diversify export markets amid trade tensions with the US, actively pursuing new trade agreements with the Eurasian Economic Union (EAEU), the European Union (EU), and the South African Customs Union (SACU).

Jaishankar pushes for swift India-EU FTA

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