Creative Bharat
India has made “substantive progress” in its free trade agreement (FTAs) negotiations with Peru and Chile which seek to create new opportunities for cooperation in areas such as critical minerals, pharmaceuticals, automobiles, textiles and food processing, the government has said. India’s negotiating team, which visited Chile and Peru between October 27 and November 5, took […]
China and the United States have taken steps to cool their trade tensions after a meeting between presidents Donald Trump and Xi Jinping in South Korea last week. The move marks a cautious pause in a dispute that has disrupted global trade and technology ties since 2018.Here is where the two sides now stand on […]
Commerce and Industry Minister Piyush Goyal, with New Zealand’s Prime Minister Christopher Luxon, in Auckland on Wednesday. | Photo Credit: ANI New Zealand is ready to share with India its agri technology to increase farm productivity and discuss labour mobility within “its own protocols” as part of the free trade agreement (FTA) being negotiated, New […]
India plans to reduce direct imports of Russian crude from late November following the introduction of new US sanctions targeting Rosneft and Lukoil, which come into effect on November 21. Analysts expect Indian refiners—responsible for over half of the country’s Russian crude used in petrol and diesel production—to comply with the sanctions.According to maritime intelligence […]
Union Commerce Minister Piyush Goyal on Wednesday gave an update on the ongoing India-US trade talks amid persisting tensions, as India deals with 50% tariffs. The union minister indicated that while discussions on the India-US Bilateral Trade Agreement (BTA) are “going on very well,” there remain “many sensitive and serious issues” that will require additional […]
AI image used for representative purposes Following improved India-China relations, the authorities, including the International Financial Services Centre Authority (IFSCA), are evaluating a banking sector proposal to enable International Banking Units at Gujarat International Finance Tec City (GIFT City) to conduct transactions in offshore renminbi (CNH).GIFT City operates as a global financial services hub, serving […]
Commerce and Industry Minister Piyush Goyal is visiting New Zealand to review the progress of negotiations on the proposed Free Trade Agreement (FTA), signalling renewed momentum in bilateral trade talks.Goyal will meet New Zealand’s Trade Minister Todd McClay in Auckland on November 5 to discuss ways to accelerate the ongoing FTA discussions, the commerce ministry […]
European Union and India flag together realtions textile cloth fabric texture | Photo Credit: Oleksii Liskonih India is focussed on getting its concerns on EU regulations such as the carbon border adjustment mechanism (CBAM) and the EU Deforestation Regulation (EUDR) addressed as part of the bilateral Free Trade Agreement being negotiated even as the two […]
Asian stocks traded mostly in red on Tuesday as investors weighed Wall Street’s tech rally amid concerns of tech bubble formation in the sector. Traders were also remaining cautious as Fed officials gave mixed signals about the next interest rate move. Japan’s Nikkei traded in red, down 188 points or 0.36% to reach 52,222 at […]
Chinese goods are set to re-enter Indian markets after nearly four years of stalled clearances triggered by tensions with Beijing.The government is working to quickly process pending applications from local companies seeking to bring in electronics components, footwear, everyday household items, steel products, raw materials and other finished goods. These imports require mandatory certification of […]
