Small modular reactors focus of India-France civil nuclear talks

India and France discussed strengthening their strategic partnership, focusing on civil nuclear energy, defence, and security cooperation, with a special emphasis on small and modular reactors (SMRs).

India’s manufacturing sector faces challenges due to a 50% US tariff, impacting labor-intensive industries and oil imports from Russia. Growth expectations for South Asia have softened, while the global economy is projected to weaken by 2026 due to trade disruptions and policy uncertainty. Emerging markets are expected to drive growth, but divergence between advanced and […]

External Affairs Minister S. Jaishankar attended an informal meeting of EU foreign ministers on the sidelines of the UNGA in New York, hosted by EU foreign affairs chief Kaja Kallas. The discussion, which also included ministers from Brazil and Mexico, covered multilateralism, India-EU ties, the Ukraine conflict, Gaza, energy, and trade.

An Indian delegation is in London to promote its textile industry and strengthen trade ties with the UK, especially after the recent Comprehensive Economic and Trade Agreement (CETA). India aims to increase its textile exports, targeting 40 countries due to US tariffs, and sees the UK as a key market, with exports already at USD […]

The Directorate General of Trade Remedies (DGTR) has launched an anti-dumping investigation into copper data cable imports from China, prompted by applications from Birla Cable and Sterlite Technologies. Preliminary evidence suggests that Chinese exporters are dumping these cables into the Indian market.

India has requested consultations with Indonesia through the WTO regarding Jakarta’s plan to impose import duties on cotton fabric. New Delhi, emphasizing its significant trade interest in cotton fabric exports, proposed virtual discussions in late September 2025. This action follows Indonesia’s notification to WTO members about potential harm to its domestic cotton fabric industry and […]

To protect local businesses, the Directorate General of Trade Remedies suggests a five-year anti-dumping duty on specific steel imports from China. The investigation revealed that these products were being sold at unfairly low prices in India. The recommended duties vary for different Chinese companies. The Finance Ministry will make the final decision.

India’s smartphone exports to the US experienced a significant 58% drop between May and August 2025, raising concerns due to the absence of tariffs. This decline, coupled with weakened pharmaceutical exports and falls in other sectors like jewellery, seafood, and textiles, prompts urgent investigation. Higher tariffs imposed in August are expected to further impact exports […]

Amidst global trade shifts, Brazil is advocating for stronger economic and agricultural ties with India, viewing it as a prime opportunity for collaboration. Ambassador Nobrega highlighted the Maitri 2.0 event, emphasizing joint research to combat climate change and enhance food security.

Emkay’s report indicates India’s IT services export growth may dip below 4% due to the sharp increase in H-1B visa fees, potentially disrupting traditional export models and project margins. While near-term impacts are limited, sustained higher fees could pressure Indian IT supply chains. Experts suggest a shift towards offshoring as a possible offset.