India-EU Free Trade Agreement negotiations show challenges. Divergence of views exists despite recent talks. The EU ambassador stated both sides are working hard for a trade pact. A conclusion is expected by year-end. This trade deal aims to boost investment and diversify trade. It will create opportunities for businesses.
Important issues yet to be solved: EU envoy ahead of 14th India-EU FTA round
Mahindra Logistics is executing a financial turnaround by optimizing assets, rationalizing 1.5 million sq ft of unused warehouse space, and expanding into new segments. The company is piloting a premium B2C mobility service, strengthening Rivigo express logistics, and saw strong festive season volumes, supported by a recent successful rights issue.
Commerce Minister Piyush Goyal visited Singapore for three days. He met leaders and businesses to boost bilateral trade and investments. Discussions covered India’s growth and opportunities in manufacturing, infrastructure, and green economy. Goyal met Prime Minister Lawrence Wong to strengthen ties. Industrial cooperation and MRO sector growth were discussed. CapitaLand Investment committed to renewable energy […]
India has initiated an anti-dumping probe into certain steel imports from China, Indonesia, and Vietnam following complaints from domestic players. The Directorate General of Trade Remedies launched the investigation into “Cold rolled flat products” after prima facie evidence suggested dumping caused injury. If established, anti-dumping duties will be recommended to ensure fair trade practices.
Govt lifts export ban on de-oiled rice bran
3 weeks ago
The government lifted the export ban on de-oiled rice bran, effective immediately, following industry requests to support processors and farmers. India also exempted various agricultural exports, including rice and wheat, to friendly neighbor Bhutan from existing restrictions. A one-time exemption permits 100 tonnes of wheat seed export to Indonesia.
India’s palm oil imports fell to a four-month low in September as refiners opted for cheaper soyoil, leading to a significant jump in soyoil imports. This shift, driven by price differences, is expected to weigh on benchmark Malaysian palm oil futures while supporting U.S. soyoil futures. Comfortable domestic palm oil stocks also contributed to the […]
India immediately lifted its ban on de-oiled rice bran exports, ending restrictions imposed in July 2023. This move is expected to revive prices, which had halved, and boost production of both de-oiled rice bran for cattle feed and rice bran oil. The resumption will benefit the rice milling industry and help India reduce its significant […]
Russian President Vladimir Putin looks forward to his December visit to India. He directed his government to address the trade imbalance with India. Putin emphasized the special nature of Russia-India relations. He lauded Prime Minister Narendra Modi as a balanced and nationally oriented leader. Russia intends to purchase more agricultural products and medicines from India.
Russian President Vladimir Putin on Thursday criticized U.S. efforts to pressure India and China to cut energy ties with Russia, saying both countries will not allow themselves to be “humiliated.” He warned that higher tariffs on Russia could raise global prices, force the U.S. Federal Reserve to keep interest rates high, and slow down the […]
Russian President Putin criticised U.S. efforts to pressure India and China into reducing energy ties with Russia, warning that higher tariffs could raise global prices, force the U.S. Federal Reserve to keep interest rates high, and slow the U.S. economy. He added that India and China “will not allow themselves to be humiliated.”