British Prime Minister Keir Starmer arrived in Mumbai to accelerate the trade deal with India. He emphasized the significant opportunities the agreement presents for both nations. Starmer is leading a large delegation of UK business leaders to explore these prospects. The deal aims to boost growth and strengthen economic ties.
‘Want to enact India-UK deal ASAP’: PM Kier Starmer during Mumbai visit
A group of US lawmakers wrote to President Donald Trump urging him to repair ties with India after recent tariff hikes strained relations. They warned the measures hurt both economies and risk pushing India closer to China and Russia, calling for renewed dialogue and policy review.
Special Economic Zone developers and units are seeking exemptions from quality control orders, minimum import price, and port restrictions to facilitate imports. They also requested policy amendments for Free Trade Warehousing Zones to import new vehicles and greater flexibility for domestic sales and reverse job work to utilize unutilized capacities.
The government has exempted specific steel imports, including square tins for ghee, edible oils, structural steel tubes, and stainless steel utensils, from quality control orders. This exemption applies to products shipped by October 31st, offering relief to industry users who depend on these imports.
British Prime Minister Keir Starmer is in India to promote Scotch whisky sales. A new trade deal is expected to significantly boost exports. This agreement will lower import tariffs on Scottish products. The deal aims to increase trade and create jobs in the UK. It is seen as a major opportunity for Scotland’s economy and […]
India and Brazil held their 7th Trade Monitoring Mechanism meeting, discussing bilateral trade and investment. The leaders aim to boost trade to $20 billion in five years, with current merchandise trade at $12.19 billion. Sectoral collaborations and market access were also key discussion points.
India to lower linen imports, future potential of milkweed, ramie, flax: Textiles minister
2 weeks ago
Textiles minister Giriraj Singh announced India’s plan to reduce linen fibre imports and begin exporting it, emphasizing the growing demand for blended fibers while asserting cotton’s enduring relevance.
India’s Unified Payments Interface (UPI) has officially expanded to Qatar, offering a convenient payment solution for the large Indian expatriate community and travelers. This rollout allows UPI payments across all retail shops, not just select duty-free outlets. The move aims to facilitate faster remittances and reduce transaction costs for the 830,000 Indian expatriates in Qatar.
Indian exporter secures interim Bangladesh government’s first 50,000 ton rice import tender
2 weeks ago
An Indian firm, Bagadiya Brothers Pvt Ltd, has won a significant international rice import tender from Bangladesh. The company will supply 50,000 tonnes of rice. This marks the first such tender awarded directly by Bangladesh’s interim government. More tenders are expected, benefiting Indian rice exporters, especially from West Bengal. This development boosts demand and prices […]
India’s first Very Large Gas Carrier (VLGC), ‘Shivalik’, made its maiden call at Visakhapatnam Port, receiving a ceremonial welcome from Union Minister Sarbananda Sonowal. This induction under the Indian flag signifies a major step towards self-reliance in maritime and energy logistics, aligning with the Atmanirbhar Bharat and Maritime India Vision 2030.