At East Asia Summit, India flags concerns over ‘constricted’ energy trade, market access issues

At East Asia Summit, India flags concerns over ‘constricted’ energy trade, market access issues

5 months ago
India voiced serious concerns regarding restricted energy trade and market access issues. External Affairs Minister S Jaishankar highlighted selective norm application and growing supply chain unreliability. He also stressed a zero-tolerance policy towards terrorism. These remarks come amid India’s procurement of Russian crude oil, a point of contention with the US.
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Sweden wants to double trade & investments with India over next five years: Envoy

5 months ago
Sweden is enhancing its footprint in India. According to Ambassador Jan Thesleff, a five-year roadmap has been established to double the influx of Swedish investments and job opportunities. With more than 280 Swedish enterprises currently operational, emphasizing innovation and manufacturing, this growth aligns seamlessly with India’s ‘Make in India’ initiative.
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iPhone boom powers India’s electronics exports to record highs, set to overtake petroleum

5 months ago
India’s electronics exports are surging. They are set to become the country’s second-largest export category, potentially replacing petroleum products. This growth is driven by global shifts and strong performance, with electronics now the fastest-growing sector. Experts predict this trend will continue, doubling exports in the coming years. This marks a significant shift in India’s trade […]
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German foreign minister to meet Piyush Goyal, NATO’s Rutte after postponing China trip

5 months ago
German Foreign Minister Johann Wadephul is traveling to Brussels for crucial meetings. He will engage with NATO’s Secretary General Mark Rutte and European Union leaders. Discussions will focus on Ukraine’s support and European security. Indian Trade Minister Piyush Goyal will also be present for trade talks. This visit follows a postponed trip to China, highlighting […]
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New CBIC norm eases compliance for importers and customs officials alike

5 months ago
Customs duty compliance just got simpler! The CBIC has merged 31 old notifications into one, making it easier for businesses to navigate exemptions and benefits. This move streamlines procedures, clarifies agriculture infrastructure development cess rates for key goods, and expands eligible agencies for duty-free precious metal imports. It’s a significant step towards improving the ease […]
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India, US ‘very close’ to sealing trade pact: Both sides converge on core issues, legal language being finalised amid tariff uncertainties

5 months ago
The United States and India are nearing the completion of an innovative bilateral trade pact. As both countries engage in constructive dialogues, they’re discovering shared interests. This agreement departs from traditional free trade formats. President Trump recently held a conversation with Prime Minister Modi focused on this partnership.
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