India, US trade team to start three-day talks from December 10: Sources

India and the United States are set to begin three-day trade talks in New Delhi on December 10 to finalise the first phase of their proposed bilateral trade agreement. The discussions, led by US Deputy Trade Representative Rick Switzer, are crucial for addressing reciprocal tariffs and boosting bilateral trade, which aims to reach $500 billion […]

Russia has ramped up its fertilizer exports to India, now commanding a staggering 26% of the subcontinent’s fertilizer imports. This surge contributes significantly to an economic alliance, with Russian fertilizers increasingly finding their place in BRICS nations. S

Indian companies can fill the void left by Western firms exiting Russia. Roscongress Foundation CEO Alexander Stuglev expressed optimism about this potential. India and Russia aim to boost bilateral trade to USD 100 billion by 2030. Sectors like pharmaceuticals, IT, and energy offer significant growth opportunities. Russian e-commerce platforms are being showcased to aid Indian […]

India and the United States are actively discussing a trade agreement. Recent US tariff changes affect Indian exports. Visa policies are also a key discussion point. India emphasizes the importance of skilled talent mobility for both nations. The government is consulting with exporters to assess the impact of US measures. Engagement continues on matters of […]

Russia has guaranteed India uninterrupted fuel supplies, bolstering bilateral ties with multiple agreements signed across various sectors. These include deals on fertilisers, food safety, shipping, and industrial collaboration, alongside commitments to wildlife conservation and expanding trade until 2030.

India and Russia solidified bilateral ties with multiple agreements signed, including a urea plant deal and MoUs on food safety, shipping, and medical sciences. Both nations also agreed on an economic cooperation program to boost trade until 2030, with India pursuing an FTA with the Eurasian Economic Union.

Sberbank, which processes the largest share of India-Russia trade payments, is also looking at channelling rupee surplus of its investors into government securities, said Herman Gref, CEO and chairman of the executive board. The bank is also considering the export of gold to India, having secured a licence to do so. It’s also examining entry […]

Indian pharmaceutical exports are set to reach a new high of $32 billion this fiscal year. This growth is driven by formulations, especially in Europe, Africa, and Latin America. Despite challenges in the US market and global quality checks, the industry shows resilience. Steady demand and normalizing supply chains support this positive outlook.

India and Russia aim to double bilateral trade to $100 billion by 2030, focusing on diversifying exports beyond current levels. Both nations are actively seeking to address the significant trade imbalance, with New Delhi identifying opportunities in consumer goods, automobiles, and electronics. Russia is keen to increase India’s share in its imports, offering support for […]

The visit is crucial as India and the US are working to finalise the first tranche of the BTA amid Washington imposing 50% tariffs on India, of which 25% are penalty for buying Russian energy, effective August 27. So far, five rounds of trade talks have been completed for the BTA.