Amidst global trade shifts, Brazil is advocating for stronger economic and agricultural ties with India, viewing it as a prime opportunity for collaboration. Ambassador Nobrega highlighted the Maitri 2.0 event, emphasizing joint research to combat climate change and enhance food security.
In new geopolitical context of US Tariffs, Brazil calls for closer ties with India
Emkay’s report indicates India’s IT services export growth may dip below 4% due to the sharp increase in H-1B visa fees, potentially disrupting traditional export models and project margins. While near-term impacts are limited, sustained higher fees could pressure Indian IT supply chains. Experts suggest a shift towards offshoring as a possible offset.
India, US agree not to seek info on source code
1 month ago
US companies are poised to find it easier to sell products and services in India as the two nations renegotiate a trade agreement, emphasizing the facilitation of digital trade. Both countries have agreed to avoid demanding proprietary information like source code or specific technology access as preconditions for business operations in India.
India and Oman are poised to sign a Comprehensive Economic Partnership Agreement (CEPA) soon, aiming to diversify their trade beyond energy to include more commodities and services. Negotiations have concluded, and both nations are undergoing legislative and administrative processes. The agreement seeks to reduce customs duties and ease norms to boost trade and investment, potentially […]
Swan Defence and Heavy Industries has signed a Rs 4,250 crore agreement with Gujarat Maritime Board. The goal is to modernize shipyards and boost supply chains. SDHI also signed an MoU with Sagarmala Finance Corporation Limited. Prime Minister Narendra Modi inaugurated maritime development projects worth over Rs 7,870 crore.
PM Modi flags ₹6 lakh cr shipping bill outflow that equals defence spend, calls for Atmanirbhar push
1 month ago
Prime Minister Modi highlighted India’s significant annual expenditure of ₹6 lakh crore to foreign companies for shipping, nearly equivalent to the country’s defense budget. He attributed this dependence to the Congress governments’ neglect of domestic shipbuilding, hindering India’s potential. Modi emphasized the need for self-reliance in the shipping sector to bolster economic sovereignty and realize […]
Commerce and Industry Minister Piyush Goyal will lead a delegation to the US on September 22, 2025, for trade talks aimed at finalizing a mutually beneficial agreement. Discussions follow positive meetings held earlier in September, with both sides keen to intensify efforts.
India’s rapeseed meal exports to China have surged dramatically due to competitive pricing and strong domestic mustard oil demand. This increase contrasts with a decline in soybean meal exports, impacted by cheaper South American prices and competition from DDGS.
Pascal Lamy suggests the US has effectively withdrawn from the WTO, as experts at a CUTS International roundtable emphasized the urgent need for WTO reform. Participants warned that inaction could lead to a significant drop in exports and called for inclusive reforms that benefit SMEs, women, and developing nations.