At a summit in Mumbai, Malhotra says multilateralism has 'unfortunately' taken a back seat, and notes that there are many more such pacts in the negotiation stage.
Past FTAs failed to yield much benefit because they exposed domestic industries to global competition without strengthening the manufacturing ecosystem.
Indian PM Modi's fourth UK visit since 2014 will include talks with PM Keir Starmer on trade, energy, security, health, education, and meetings with business leaders.
For assessing effectiveness of the pact, it would be worthwhile to see if India’s share in UK’s imports & UK’s share in India’s exports see a material pick-up over time.
FTA, India’s first bilateral trade deal with a Western nation, will see tariffs on whisky-gin from UK halved to 75 percent. Automobile tariffs will be cut to 10 percent with a quota.
Ursula von der Leyen is on a 2-day visit to Delhi that will set a strategic agenda for India-EU ties. Visit comes at a time of churn in global geopolitics & US pulling away from Europe.
Negotiations were put on hold last year as both countries held general elections. For British PM Keir Starmer, a deal with India is part of his plan to revive the UK economy.
Malé has been facing a liquidity crisis. Last year, India rolled over $100 mn worth of loans, while offering roughly $750 mn in currency swap lines to support neighbouring country.
Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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