Investment of USD 100 billion expected in India in 15 years: Norway Embassy official

With the India-EFTA partnership set to begin this October, India anticipates around USD 100 million in investments over the next 15 years. India and Norway are collaborating on environmental initiatives, including preventing pollution, with USD 7.5 million spent on joint projects in 2023.

India and the US held positive trade discussions in New Delhi. Both sides aim for an early, mutually beneficial trade agreement. The US team was led by Brendan Lynch. This meeting was the first after the US imposed tariffs on India over Russian oil purchases. Discussions covered various aspects of the trade deal.

The United States has declined India’s request for discussions at the World Trade Organization regarding tariffs on copper. Washington argues these tariffs are not safeguard measures. This marks the third instance of the US refusing such consultations with India. The US imposed a 50% tariff on copper imports under Section 232 of its Trade Expansion […]

Narendra Modi spoke with Mette Frederiksen on Tuesday They reaffirmed support for the India-EU FTA. Discussions covered the Green Strategic Partnership. This includes trade, energy, and sustainable development. Modi wished Denmark success in its EU Council Presidency. They exchanged views on Ukraine. Modi reiterated India’s support for a peaceful resolution. Frederiksen supports India hosting the […]

India and the US have expressed optimism regarding their ongoing trade negotiations, agreeing to accelerate efforts towards a mutually beneficial trade agreement. Discussions between officials from both nations, led by Chief Negotiator Brendan Lynch from the United States Trade Representative, covered various aspects of the proposed deal. This resumption of talks signals a renewed commitment […]

India’s silver imports are expected to rise in the coming months as strong industrial and investment demand has depleted stocks from last year’s record inflows. Imports may total 5,500–6,000 tons in 2025 after halving in the first eight months. Prices have surged nearly 49% this year, yet demand remains firm, with investors holding back scrap […]

India and the US are set to resume in-person trade discussions in New Delhi on August 27, following a period of strained relations marked by US tariffs on Indian goods due to Russian oil purchases.

UCO Bank, an Indian lender, has received government approval to facilitate trade payments for Nayara Energy, which was sanctioned by the EU. This move comes after large financial institutions shunned Nayara due to its part-ownership by Russian oil major Rosneft.

India’s goods exports experienced a 6.7% increase in August, reaching $35.1 billion, driven by electronics, engineering goods, and gems and jewellery, while imports fell 10.1% to $61.6 billion. This led to a narrowed merchandise trade deficit of $26.5 billion. The government is actively identifying 100 products to reduce import dependency and enhance domestic capabilities, focusing […]

White House Trade Advisor Peter Navarro stated India is coming to the negotiating table, but raised concerns about high tariffs and the country’s increased purchase of Russian oil post-2022. He criticized India’s ties with Russia and China.