The deal announced by President Trump Monday evening will see India’s tariffs cut from 50% to 18%. Joint statement detailing contours of the deal is expected in a few days.
It’s India’s 3rd FTA with a Five-Eyes alliance member in the last 4 years. It is also the 3rd trade deal announced by New Delhi this year, after agreements with the UK & Oman.
PM Modi & Commerce Minister Piyush Goyal are expected to visit Muscat next week for signing of FTA. Trip coincides with discussions on India purchasing spare parts for its Jaguar fleet.
Speaking at the Global Technology Summit, Union Minister of Commerce & Industry Piyush Goyal also hit out at the European Union’s climate protection regulations, calling them 'irrational'.
IPEF is a grouping of 14 countries that together make up more than 40 per cent of global GDP. Proposed agreement aims to make supply chains more resilient, efficient, and transparent.
The idea was pitched by Piyush Goyal last week. It will help Indian goods penetrate African markets and compete with Chinese goods, says FIEO CEO Ajay Sahai.
At FICCI AGM, Union Commerce Minister Piyush Goyal said India is making headway with other free trade agreements in the making, with Australia, UK, Canada, Israel and EU.
Vakhtang Jaoshvili, the Ambassador of Georgia to India since March 2024, writes about Rustaveli, Georgian cuisine, wine, polyphonic music and why he wants more Indians to discover his country.
The regulator says insurance distribution has become too commission-driven. Its new proposal seeks to make sales more transparent, accountable and aligned with customer needs.
IAF chief Air Chief Marshal A.P. Singh has ruled out a separate drone force, saying that UAVs must operate with fighters and other existing technology.
Modern India might have been conjured up in the image of Gandhi. But India was never a Gandhian state. Founders of the Republic, be it Nehru or Patel, nursed zero such notions.
New Zealand is a small country compared to a market of our size. We don’t really gain much but they gain so much from it and they think it’s unfair ?
Our market size continues to grow while they have peaked out. Farmers in our country can’t be screwed without getting necessary reforms in place.