Need more free trade pacts to compete with Bangladesh, others in textile exports: Vice President

1 month ago

Vice President C P Radhakrishnan emphasized India’s need for more free trade agreements to compete globally in textiles and apparel. He highlighted competitors like Bangladesh and urged the industry to explore new markets and adopt sustainable practices. India aims for USD 350 billion in textile market size by 2030.

India fast-tracks key reforms to shield itself from US tariffs

1 month ago

In its final parliament session of the year, Prime Minister Narendra Modi’s government pushed through major economic reforms aimed at boosting growth amid trade challenges. Parliament approved bills allowing private investment in nuclear energy, full foreign ownership of insurance firms, and a unified securities market code.

India’s defence shipbuilding sector stands at multi-decade transformation threshold: Report

1 month ago

India’s defence shipbuilding sector is entering a period of strong growth. Increased naval capital expenditure and government policy are driving this expansion. Projects worth over Rs 2.3 trillion are underway or approved. This includes destroyers, frigates, submarines, and aircraft carriers. India aims to become a top global shipbuilding nation by 2047.

India & Oman will work to roll out trade pact in three months: Piyush Goyal

1 month ago

India and Oman are set to implement a free trade agreement in the next three months. This pact allows Indian firms to employ 100% Indian staff for their investments in Oman. Oman offers zero-duty access on over 98% of its tariff lines for Indian exports. Indian businesses can invest in sectors like steel, energy, education, […]

India-EU trade pact: Piyush Goyal to visit Brussels on January 8-9

1 month ago

Commerce Minister Piyush Goyal will visit Brussels next month for crucial trade talks. Negotiations for a proposed trade pact with the European Union are in their final stages. Both sides are working to bridge differences and conclude a comprehensive agreement soon. This pact aims to boost bilateral trade and cover 23 policy areas.

Russia’s Sberbank allowed to import gold into India

1 month ago

India has authorized Russia’s Sberbank to import gold into the country. This inclusion is effective from June 25, 2025, until March 31, 2026. Sberbank joins Indian Overseas Bank and Union Bank of India on the list of gold importers for Fiscal Year 2026.

India to remove duties on key Omani energy goods under trade pact

1 month ago

India will soon remove import duties on several Omani products. This is part of a new trade agreement, the CEPA, signed recently. Goods like crude oil, LNG, and urea will see duty cuts. The agreement aims to boost trade between the two nations. Implementation is expected within three months. This move will benefit both Indian […]

India, Netherlands set up joint trade, investment committee

1 month ago

An MoU was inked in this regard between the two countries. The JTIC will serve as a dedicated mechanism to review bilateral trade relations, promote two-way investments, address investment and trade barriers, and explore collaboration in sectors of mutual interest.

Discovering the Magic of Homemade Bread: A Culinary Journey

1 month ago

There’s something undeniably comforting about the smell of bread wafting through the house. It’s a scent that’s universally associated with warmth, comfort, and hearth. Whether you’re an accomplished home cook or a novice in the kitchen, making your own bread can be a delightful and fulfilling experience. Breadmaking has been an integral part of human […]

India gets unprecedented market access in Oman trade pact

1 month ago

The pact would help Indian exporters, reeling under the impact of 50% tariffs imposed by the Trump administration on Indian goods, to diversify shipments in West Asia region, a gateway to Africa and Europe. Oman has offered to ease norms for Indian companies operating in the Gulf country under the CEPA allowing them to employ […]

Need more free trade pacts to compete with Bangladesh, others in textile exports: Vice President

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