India, Qatar likely to discuss proposed FTA during Piyush Goyal’s maiden visit this week

India and Qatar are set to discuss a free trade agreement (FTA) and finalize Terms of Reference for a Comprehensive Economic Partnership Agreement (CEPA) during Commerce Minister Piyush Goyal’s visit to Doha. This initiative aims to bolster economic cooperation, review trade, address barriers, and enhance investment, building on over $14 billion in bilateral trade.

UK Prime Minister Keir Starmer will visit Mumbai next week. This marks his first official trip to India. The visit will focus on the growing economic partnership. Implementation of the free trade agreement is a key agenda item. Prime Minister Narendra Modi and Starmer will review progress. They will also engage with business leaders.

Commerce and Industry Minister Piyush Goyal on Saturday highlighted the need for greater collaboration between Indian and Singaporean businesses to strengthen trade and investment ties. Speaking at the India-Singapore@60: Partnership for Growth and Innovation business event, Goyal emphasised building a more balanced, inclusive, and future-ready economic partnership. He said, “Highlighted greater collaboration and B2B opportunities […]

Economist Andres Velasco labels US tariffs on India a strategic blunder. He highlights India’s rising global importance. Velasco advises India to pursue further economic reforms. He suggests addressing non-tariff barriers and simplifying its tax system. Velasco emphasises continuous innovation for India’s sustained growth. This strategy helps India overcome global challenges.

India-EU Free Trade Agreement negotiations show challenges. Divergence of views exists despite recent talks. The EU ambassador stated both sides are working hard for a trade pact. A conclusion is expected by year-end. This trade deal aims to boost investment and diversify trade. It will create opportunities for businesses.

Commerce and Industry Minister Piyush Goyal urged Singaporean investors to seize India’s vast economic opportunities, highlighting its market size, skilled workforce, and potential in capital, R&D, and sustainability. He emphasized the urgency of the India-Singapore partnership, assuring investors of a large market and a fast-track relationship for mutual growth.

Indian Foreign Secretary Vikram Misri visited Bhutan, holding talks with Prime Minister Tshering Tobgay, the King, and Foreign Minister. Discussions focused on enhancing connectivity, hydropower, trade, and people-to-people relations, reinforcing the special, multifaceted bilateral partnership. This visit highlights the deep-rooted ties and mutual trust between India and Bhutan.

Commerce Minister Piyush Goyal visited Singapore for three days. He met leaders and businesses to boost bilateral trade and investments. Discussions covered India’s growth and opportunities in manufacturing, infrastructure, and green economy. Goyal met Prime Minister Lawrence Wong to strengthen ties. Industrial cooperation and MRO sector growth were discussed. CapitaLand Investment committed to renewable energy […]

India has initiated an anti-dumping probe into certain steel imports from China, Indonesia, and Vietnam following complaints from domestic players. The Directorate General of Trade Remedies launched the investigation into “Cold rolled flat products” after prima facie evidence suggested dumping caused injury. If established, anti-dumping duties will be recommended to ensure fair trade practices.

India’s palm oil imports fell to a four-month low in September as refiners opted for cheaper soyoil, leading to a significant jump in soyoil imports. This shift, driven by price differences, is expected to weigh on benchmark Malaysian palm oil futures while supporting U.S. soyoil futures. Comfortable domestic palm oil stocks also contributed to the […]