‘India, Oman close to signing trade pact’

India and Oman are nearing the completion of a comprehensive economic partnership agreement, though a few obstacles remain. India seeks to freeze Oman’s ‘Omanisation’ policy, which requires private sector firms to hire a certain percentage of Omani nationals, at current levels. Market access demands for petrochemical products are also under discussion.

Piyush Goyal and Howard Lutnick met to discuss a trade agreement. Both nations want stronger economic ties. India and the US may sign a Bilateral Trade Agreement soon. India seeks concessions on leather and textiles. They aim to increase exports. The US was India’s largest trading partner in 2024-25.

The UK-India free trade agreement marks a significant step as the UK commits to non-discriminatory treatment for Indian companies in its public procurement, adhering to its Social Value regime. In return, India will allow UK firms to participate in non-sensitive sector procurements, excluding state and local government tenders, with considerations for ‘Make in India’ policy […]

The India-UAE CEPA, effective since May 2022, has spurred a surge in Indian investments in Dubai, particularly in sectors like IT, consumer products, and real estate. Trade facilitation and streamlined regulations under the agreement have fueled this growth. There’s significant potential for collaboration in AI, e-commerce, and advanced manufacturing, with Indian FDI into Dubai reaching […]

Moody’s Ratings indicates India’s strong domestic economy and low export dependence will help it withstand US tariffs and global trade disruptions. Government initiatives and easing inflation are expected to support economic growth, projected to be the highest among G-20 countries. While US tariffs pose uncertainties, India could benefit from capturing market share from other emerging […]

Despite global economic headwinds like trade tensions and policy uncertainty, the Indian economy demonstrates resilience with sustained momentum in industrial and service sectors, according to an RBI report. Encouraging signs include record GST collections, a strong agriculture sector outlook, and declining CPI inflation. India’s stability and strong macroeconomic fundamentals position it as a promising destination […]

The UK government said trade with India will become “quicker, cheaper and easier” under the new Free Trade Agreement (FTA) signed this month. Business Secretary Jonathan Reynolds called it the “best deal India has ever agreed to.” The deal is expected to boost UK exports—such as whisky, machinery, and medical devices—by £25.5 billion annually in […]

India and the US are expected to announce an interim trade agreement before July 8, when Washington’s 26% reciprocal tariffs on Indian goods are set to take effect, an official said. New Delhi seeks a full exemption from these additional tariffs and plans to protect sensitive sectors with quotas or minimum import prices.

Jaguar Land Rover anticipates the UK-India FTA will streamline business operations, enabling a stronger focus on the Indian market. The automaker plans to expand its local assembly, potentially including the Defender model, and double its retail presence in India.

Indian authorities are disputing the rejection of 15 mango consignments by the US, citing procedural lapses by American inspectors who allegedly bypassed protocol by directly reporting issues instead of notifying the irradiation facility in Mumbai. Despite the disruption caused by data recording errors, mango irradiation and exports to the US have normalized, with significant volumes […]