Indian businesses keen to expand trade, investment in Saudi Arabia, says report

Indian business leaders view Saudi Arabia as a reliable investment destination, with 85% finding it attractive for trade and investment amidst global uncertainties. A significant 78% plan to increase investments in the next six months, driven by Saudi’s growing economy, stability, and business-friendly policies.

India has taken a bold stance against unfair trade practices by imposing an anti-dumping duty on steel imports from Vietnam, specifically targeting hot-rolled flat steel products for the next five years. This decisive action aims to block the rerouting of Chinese steel into Indian markets.

Canada and India are actively rebuilding trade relations and exploring new cooperation avenues. Canadian Trade Minister Maninder Sidhu met with Indian Commerce Minister Piyush Goyal to discuss sectors like critical minerals, clean energy, agriculture, and artificial intelligence. This engagement marks a significant step towards restarting trade negotiations after a period of strained ties.

A new government initiative aims to boost the export of goods crafted by tribal communities. This plan will harness the power of e-commerce and set up international warehouses where these unique products can be displayed and sold to a global audience.

As large economies like China, Brazil, and India adapt to the pressures of US tariffs, a recent study indicates that the impact of President Trump’s trade policies may not be as significant as anticipated. While Mexico and Vietnam face challenges, their robust economic structures provide a buffer. Brazil and South Africa are forging new trade […]

The Indian government has launched an ambitious ₹45,000 crore package to invigorate the country’s export landscape. This extensive initiative features a visionary six-year Export Promotion Mission alongside a ₹20,000 crore collateral-free Guarantee Scheme for Exporters.

Senior government officials had said India was pursuing BITs with over a dozen countries, including Saudi Arabia, Qatar, Israel, Oman, the EU, Switzerland, Russia, and Australia. The move is part of the broader efforts by the government to draw foreign investors at a time when the country is moving fast towards emerging as the world’s […]

Anita Anand expressed her deepest condolences to Jaishankar for those killed in the explosion and reiterated that Canada stands with the people of India during this tragic time, according to a Canadian foreign ministry statement. The ministers exchanged views on the ongoing law-enforcement dialogue between Canadian and Indian authorities. They discussed the progress being made […]

Steady export growth in goods exempted from US tariffs so far, including telecom and pharma, have also contributed to this resilience.

Some of the stipulations of the amended treaty are: a contracting state cannot decline to supply info solely because it has no domestic interest in such information; info cannot be held back on the grounds that it is held by a bank or financial institution or nominees or person acting in a fiduciary capacity; and, […]