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New Delhi: The India-UK free trade agreement will feature a dedicated chapter on innovation, commerce secretary Sunil Barthwal said on Monday, marking a shift in India's trade strategy towards deeper technological and research partnerships. The pact is in its final stages, with both sides subjecting the chapters to legal scrutiny. "This is for the first time that a chapter on innovation is being added in an FTA. A working group will be set up to advance cooperation in this area," Barthwal said ...Read More >
New Delhi: The government on Monday said that talks for proposed trade agreements with the European Union (EU) and the US are still in the discussion stage. India and the US are negotiating a bilateral trade agreement (BTA) and they are aiming to conclude the first phase of the pact by fall (September-October) of this year. Similarly, India and the EU are also negotiating free trade agreements (FTA). "The FTAs, which India is doing, are one of the key enablers to promote global capability centr ...Read More >
New Delhi: An Indian commerce ministry team has reached Washington for another round of talks on the proposed bilateral trade agreement (BTA), which will begin on Monday, an official said. Chief negotiator of India and special secretary in the department of commerce Rajesh Agrawal will join the team on Wednesday. The four-day talks will end on Thursday. India's deputy chief negotiator for the proposed BTA has reached Washington for the talks on the first phase of the BTA, the official said. The ...Read More >
New Delhi: An Indian commerce ministry team has reached Washington for another round of talks on the proposed bilateral trade agreement (BTA), which will begin on Monday, an official said. Chief negotiator of India and special secretary in the department of commerce Rajesh Agrawal will join the team on Wednesday. The four-day talks will end on Thursday. India's deputy chief negotiator for the proposed BTA has reached Washington for the talks on the first phase of the BTA, the official said. ...Read More >
New Delhi: An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said Thursday. "We are not differentiating between an interim or the first phase of the bilateral trade agreement. We are negotiating a complete deal. Whatever will be finished, we can package it as an interim deal and for the rest, talks will continue," the offici ...Read More >
New Delhi [India], July 10 (ANI): India could emerge as a major beneficiary of the United States' latest tariff policy as Washington may impose lower tariffs on India compared to several other countries in the Asia-Pacific region, according to a report by Arihant Capital. The report highlighted that India is in a favourable position to attract more foreign investment and strengthen its manufacturing capabilities as global trade flows begin to shift. The report stated, 'US may impose lower tari ...Read More >
New Delhi, July 10 (SocialNews.XYZ) Commerce Minister Piyush Goyal on Thursday said he had a productive meeting with Tzafrul Aziz, Malaysian Minister of Investment, Trade and Industry, during which he discussed the ongoing review of the ASEAN-India Trade in Goods Agreement (AITIGA). "Looking forward to fast-tracking discussions with ASEAN member states to ensure fair trade and balanced growth," Piyush Goyal said in a post on X. "We also held discussions on the Comprehensive Economic Cooperatio ...Read More >
New Delhi, Jul 10 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday said discussions are underway with ASEAN to review the existing trade pact, and he is looking forward to fast-track the negotiations. The issue figured during the meeting between Goyal and his Malaysian counterpart T Zafrul Aziz. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for July 10, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. "Had a productive meeting ...Read More >
New Delhi, Jul 10 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday said discussions are underway with ASEAN to review the existing trade pact, and he is looking forward to fast-track the negotiations. The issue figured during the meeting between Goyal and his Malaysian counterpart T Zafrul Aziz. "Had a productive meeting with @Tzafrul_Aziz, Malaysian Minister of Investment, Trade & Industry. Malaysia is India's permanent coordinator from ASEAN on economic matters," Goyal said in a ...Read More >
Mumbai: US-based Jane Street said the Indian capital market regulator's order accusing the trading firm of manipulative trading in equity derivatives reflects a 'misunderstanding of standard hedging practices and the interrelationships between derivative and underlying markets'. The firm, in an internal communication that ET has accessed, said the Securities and Exchange Board of India's claim that the firm's activity is "prima facie manipulative", disregards the role of liquidity providers and ...Read More >
Mumbai: Textile stocks jumped up to 9% on Tuesday after US President Donald Trump imposed 35% tariffs on garment imports from Bangladesh - one of the biggest exporters of garments to the US - effective from August 1. The move spurred optimism in Indian textile stocks, in anticipation that lower tariffs on Indian exports could lead to better prospects for these companies. Analysts said a trade deal between India and the US could lead to lower tariffs, which may improve business for textile compa ...Read More >
New Delhi, Jul 8 (PTI) Prime Minister Narendra Modi is likely to travel to the United Kingdom by the end of this month for a visit that could see both sides formally ink the landmark India-UK free trade deal and explore ways to expand bilateral ties in defence and security sphere, diplomatic sources said on Tuesday. Both sides are in the process of finalising the dates for PM Modi's visit to the UK by the end of July or the first part of August, they said. Earlier, there were indications that ...Read More >
New Delhi: India could be among the countries expected to finalise a trade deal with the US soon, as President Donald Trump steps up pressure by issuing formal tariff letters to several nations, but New Delhi must tread carefully, economic think tank GTRI said on Tuesday. "Trump's model isn't a free trade agreement, it's a YATRA - Yielding to American Tariff Retaliation Agreement," the Global Trade Research Initiative (GTRI) said. The US has extended the deadline for countries to finalise bilat ...Read More >
New Delhi [India], July 8 (ANI): US President has again turned to tariffs as a pressure tool in trade negotiations, a report by the Global Trade Research Initiative (GTRI) has said that Trump is using tariffs not to build partnerships, but as a tool to force countries into compliance. According to GTRI, Trump's trade strategy is based on pressure tactics rather than cooperation, turning trade deals into one-sided forced pacts. Also Read | Bharat Bandh on July 9: Will Banks Remain Open or Shut? ...Read More >
The Association of Southeast Asian Nations' (Asean's) lackadaisical approach in reviewing the free trade agreement with India despite nine negotiating rounds could force New Delhi to consider invoking the termination clause of the 2009 pact as India Inc's patience is running thin with massive Chinese dumping through this route, people in the know said on Sunday. India's interests have been hurt by the "one-sided" FTA with Asean and a large section of domestic industry wants New Delhi to exit th ...Read More >
The industry has called for a cut in GST from 12 per cent to 5 per cent. "I have asked them to share the details with the Union finance ministry also. I will also talk and see how to bring (products) in the 5 per cent (GST) bracket... we will try to find a solution to this," he said, while addressing FTII Traders' Conclave in Srinagar. On Kashmiri apples, he said the industry has requested for more protection on this fruit, which at present attracts a minimum import price (MIP) Rs 50 per Kg an ...Read More >
New Delhi: In a move to mutually protect and promote investments in each other's countries, India is actively negotiating bilateral investment treaties (BITs) with over a dozen countries, including Saudi Arabia, Qatar, Israel, Oman, European Union, Switzerland, Russia, and Australia. Apart from these nations, talks are also underway with Tajikistan, Cambodia, Uruguay, Maldives, Switzerland and Kuwait, according to a source. Amid uncertainties over US President Donal Trump's reciprocal tariff, I ...Read More >
Srinagar, July 6 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Sunday stressed that India's free trade agreements (FTAs) will never come at the cost of national interest. Speaking at the FTII Traders Conclave in Srinagar, Goyal said the government is committed to ensuring that all trade deals are reciprocal and protect the interests of Indian traders and manufacturers. "An FTA is signed so our local goods have duty-free access to other countries and to resolve barriers in acc ...Read More >
India prioritizes mutual benefits and national interests over deadlines in trade agreements, according to Minister Piyush Goyal. He emphasized fairness and a win-win approach, especially with the US, amidst looming reciprocal tariffs. While negotiations continue with the US, EU, and other nations, India remains firm on securing favorable terms before finalizing any deals.Days ahead of the US' July 9 deadline for reciprocal tariffs, commerce and industry minister Piyush Goyal on Friday said India ...Read More >
New Delhi [India], July 6 (ANI): Union Commerce and Industry Minister Piyush Goyal has said that India does not negotiate under deadlines and does so from a position of strength. Goyal said the government holds discussions keeping national interests in mind and attacked the Congress, saying this is "not weak India under UPA which would make agreements which were not in the national interest". His remarks came hours after Congress leader Rahul Gandhi took a dig at the Modi government over Goyal ...Read More >
BENGALURU: With the Congress mocking the BJP-led NDA government over the proposed trade deal with the US, Union Minister Piyush Goyal on Saturday said India negotiates from a position of strength and not under deadlines. He also accused the Congress of "negotiating and signing agreements that were not in the national interest" during the party-led UPA government's tenure. Leader of Opposition in the Lok Sabha, Rahul Gandhi, had attacked Prime Minister Narendra Modi over the Indo-US trade deal, ...Read More >
New Delhi, July 5 (UNI) Leader of Opposition in the Lok Sabha, Rahul Gandhi, today took a swipe at the Modi government over the ongoing trade negotiations with the United States, alleging that the Prime Minister will "meekly bow" to the pressure from US President Donald Trump's tariff deadline. "Piyush Goyal can beat his chest all he wants, mark my words, Modi will meekly bow to the Trump tariff deadline," Gandhi wrote on X, targeting the Union Commerce and Industry Minister. Notably, Goyal ha ...Read More >
Bengaluru, July 5 (UNI) Union Commerce and Industry Minister Piyush Goyal today said India is now negotiating international trade agreements with confidence and strength, unlike the previous Congress and UPA governments that signed deals which did not align with national interest. "Today, India negotiates with self-confidence. We can compete with anyone in the world. This is not the weak India of the Congress and UPA era, which entered into agreements that did not serve national interest," Goya ...Read More >
New Delhi, July 5 (SocialNews.XYZ) This is no more a weak India under Congress and UPA government which would negotiate and make agreements which were not in our national interests, Union Commerce MInister Piyush Goyal said on Saturday. In a post on X social media platform, the minister said that today, India negotiates from a position of strength. "We are self confident, we can compete with anybody in the world," Goyal posted. Stressing that India does not negotiate under deadlines, he said ...Read More >
New Delhi [India], July 5 (ANI): Union Minister Piyush Goyal hit back at Congress leader Rahul Gandhi's remarks on India's trade negotiations with the United States and stated that nobody took the Congress leader seriously anymore because of the negativity he and his colleagues spread. 'Nobody takes Rahul Gandhi seriously anymore because of the negativity he, his colleagues, and his party consistently spread. They have lost the confidence of the people of India, who have time and again rejected ...Read More >
Bengaluru, Jul 5 (PTI) With the Congress mocking the BJP-led NDA government over the proposed trade deal with the US, Union minister Piyush Goyal on Saturday said India negotiates from a position of strength and not under deadlines. He also accused the Congress of "negotiating and signing agreements that were not in the national interest" during that party-led UPA government's tenure. Leader of Opposition in the Lok Sabha, Rahul Gandhi had attacked Prime Minister Narendra Modi over the Indo-US ...Read More >
Bengaluru, Jul 5 (PTI) Union Commerce Minister Piyush Goyal on Saturday said India negotiates from a position of strength and not under deadlines. He accused the Congress of "negotiating and signing agreements that were not in the national interest" during the UPA government's tenure. His remarks come a day after Goyal stated that India would accept a proposed trade deal with the US only when it is fully finalised and in the national interest. Speaking to reporters here, Goyal said, "India do ...Read More >
New Delhi [India], July 5 (ANI): Union Minister Piyush Goyal hit back at Congress leader Rahul Gandhi's remarks on India's trade negotiations with the United States and stated that nobody took the Congress leader seriously anymore because of the negativity he and his colleagues spread. 'Nobody takes Rahul Gandhi seriously anymore because of the negativity he, his colleagues, and his party consistently spread. They have lost the confidence of the people of India, who have time and again rejected ...Read More >
Mumbai: Uddhav and Raj Thackeray, once distant cousins, are coming together to challenge the Maharashtra government's choice to implement Hindi as a compulsory language for Classes 1 to 5 according to the National Education Policy (NEP). They perceive this action as an infringement on local identity and language variety. Uddhav's Shiv Sena (UBT) and Raj's Maharashtra Navnirman Sena (MNS) are set to conduct a unified protest march on July 5, representing their first joint endeavour in twenty year ...Read More >
New Delhi, July 5 (SocialNews.XYZ) The number of Quality Control Orders (QCOs) in the country has grown from just 14 covering 106 products in 2014 to 156 QCOs covering 672 products over the last decade, said Commerce Minister Piyush Goyal. Addressing the 75th anniversary celebration of SGS in India in the national capital, the minister said the government is working to introduce more horizontal and product-specific standards to ensure that all goods and services made in India meet global benchm ...Read More >
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