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Congress leader Randeep Singh Surjewala on Monday criticised the interim trade deal agreement between the United States and India alleging that the pact compromises India's farmers, energy security and national sovereignty. Surjewala's comments came after the US and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade. Addressing a press briefing, Surjewala said, "Country's interest cannot be mortgaged for trade agreements," adding, "India's energy secu ...Read More >
The European Union and India are set to announce a landmark trade deal after nearly two decades of on-off talks, as both sides aim to deepen ties amid tensions with the US. India's Commerce Secretary Rajesh Agarwal said on Monday that negotiations had been wrapped up and the deal finalised. European Commission President Ursula von der Leyen and European Council President António Luís Santos da Costa are in Delhi, where the announcement is expected. Both India and the EU are seeking to streng ...Read More >
New Delhi: India and the European Union announced Tuesday the "mother of all deals", a huge trade pact to create a market of two billion people, reached after two decades of negotiations. EU chiefs and Prime Minister Narendra Modi hope the pact will help shield against challenges from the world's two leading economies, the United States and China. The agreement will cut or eliminate tariffs on almost 97 percent of European exports, saving up to 4 billion euros ($4.75 billion) annually in dutie ...Read More >
Panjim (Goa) [India], January 27 (ANI): Canada's Minister of Energy and Natural Resources Tim Hodgson has said there are many opportunities for India and Canada to work together. "It was a very good meeting, and we have lots of opportunities for India and Canada to work together," he told ANI on the sidelines of the India Energy Week conference. Also Read | Is Salman Khan Joining AIMIM? Fact Check Reveals Viral Video Is AI-Generated. In his speech earlier, Hodgson said that Canada is a great ...Read More >
Investing.com -- India's imports of Russian crude oil are continuing to decline as the country diversifies its suppliers, according to Oil Minister Hardeep Puri. In an interview with Bloomberg Television on Tuesday, Puri noted that shipments from Russia have already dropped to 1.3 million barrels per day, down from an average of 1.8 million barrels per day last year. Access breaking news faster with institutional-grade feeds, immediate stock impact metrics, and analyst response tracking -- get ...Read More >
Exploratory conversations have taken place between Murugappa Group-owned CG Semi, which is building an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. It's the first time Apple is evaluating the prospect of having certain chips assembled and packaged in India. Apple is in preliminary talks with some Indian chip manufacturers to assemble and package the component for the iPhone, said people with knowledge of the matter, a move that would mark a key step up in the v ...Read More >
he new tariff structure will benefit consumers across 312 geographical areas. New Delhi: Consumers across India are set to benefit from reduced prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced a tariff rationalisation that will come into effect from January 1, 2026. In an exclusive interview, AK Tiwari, Member, PNGRB, said that the new unified tariff structure will result in savings of Rs 2-3 per un ...Read More >
ECONOMY: India's Exports Surge 20% -- Defying Trump's Trade War Wednesday, December 17, 2025 by Indian Defence News Technicians work with robots on the assembly line in a hi-tech manufacturing hub in India India's exports surged by nearly 20 percent in November 2025, marking the fastest growth in three years despite the escalating US trade war under President Donald Trump. Goods exports reached $38.13 billion, a 19.4 percent rise year-on-year, reversing October's 11.8 percent decline to $34.38 ...Read More >
New Delhi: The Indian economy is expected to record around 7 per cent growth in the current fiscal, slightly higher than 6.6 per cent projected by the International Monetary Fund (IMF) in October, said Gita Gopinath, former chief economist of the Washington-based International Monetary Fund. The IMF in October, however, revised upwards India's GDP growth forecast for the current fiscal to 6.6 per cent compared to its earlier estimate of 6.4 per cent on the back of strong growth, offsetting the ...Read More >
New Delhi, Dec 17 (PTI) India and Oman will sign a free trade agreement on Thursday in Muscat, opening greater opportunities for sectors such as textiles, food processing, automobiles, auto components, and gems and jewellery. It will be signed in the presence of Prime Minister Narendra Modi, who is on a four-day, three-nation visit. He arrived in Ethiopia on Tuesday from Jordan and will depart from Addis Ababa for Oman. Commerce and Industry Minister Piyush Goyal has reached Muscat for the FTA ...Read More >
Finance Minister Nirmala Sitharaman on Wednesday (December 17, 2025) said global trade is increasingly "getting weaponised" through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage. Tariff strike and souring ties "Trade is getting weaponised through tariff, through many other measures and India will have to negotiate its way carefully in this, and not just take care of tari ...Read More >
India is actively seeking a larger role in global supply chains as companies shift manufacturing. IMF Chief Economist Gita Gopinath highlights the need for reforms in land acquisition and labor. Skill development is also crucial for economic growth. India is working to capture a larger share of global supply chains as companies diversify away from traditional manufacturing hubs. Speaking to Times Network, IMF Chief Economist Gita Gopinath said, "India has made improvements in physical infrastru ...Read More >
Delhi/Hyderabad, Dec 17 (Maxim News): Global trade is increasingly getting weaponised through tariffs and other measures, Finance Minister Nirmala Sitharaman said on Wednesday. She warned that India must negotiate carefully in the changing global trade environment. She also stressed that the strength of India's economy will provide the country with an added advantage in dealing with such challenges. Here To Join Us On WhatsApp Speaking at the Times Network's India Economic Conclave 2025, Sitha ...Read More >
New Delhi: Consumers across India are set to benefit from reduced prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced a tariff rationalization that will come into effect from January 1, 2026. In an exclusive interview, AK Tiwari, Member, PNGRB, said that the new unified tariff structure will result in savings of Rs 2-3 per unit for consumers, depending on the state and applicable taxes. The regulator has ...Read More >
New Delhi: The government on Wednesday confirmed that India and Oman would sign a free trade agreement on Thursday in Muscat with an aim to boost economic ties between the two countries. "It will be signed in the presence of Prime Minister Narendra Modi, who is on a four-day, three-nation visit. Commerce and industry minister Piyush Goyal has already reached Muscat for the FTA signing and he is actively participating at the business summit there as well," a commerce ministry official said. Talk ...Read More >
New Delhi, Dec 17: Lok Sabha, on Wednesday, passed the nuclear energy bill with Union minister Jitendra Singh asserting that it would help India achieve its target of 100 GW atomic energy generation by 2047. The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which seeks to open the tightly-controlled civil nuclear sector for private participation, was passed by voice vote amid a walkout by the Opposition. Singh termed the bill a "milestone legisl ...Read More >
India's exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in India's total outbound shipments in November and 2.62% in April-November. New Delhi: Led by engineering goods, chemicals and farm products, India's merchandise exports to the US rose 11.38% on-year in April-November FY26 at $59.04 billion, reflecting strong momentum in India-US trade ties, data release ...Read More >
New Delhi, Dec 17 (PTI) The Indian rupee, depreciating mainly due to 50 per cent tariff imposed on India by the US, is likely to bounce back strongly in the second half of the next fiscal, an SBI research report said on Wednesday. Since April 2, 2025, when the US announced sweeping tariff hikes across economies, the Indian rupee (INR) has depreciated by 5.7 per cent against USD (most amongst the major economies), notwithstanding sporadic phases of appreciation owing to optimism over the US-Indi ...Read More >
India's foreign policy objectives are clear: to hedge with the great powers by adopting its own multi-alignment and strategic autonomy. Prime Minister Narendra Modi's decision to rely on Russia for nuclear submarines and civil nuclear cooperation indicates that India is strengthening its ties with Moscow on critical high-end technological cooperation, despite Western criticism, Rahul Pandey writes. Russian President Vladimir Putin visited New Delhi for 27 hours on December 4-5, 2025. This was h ...Read More >
New Delhi, Dec 17 (UNI) Gita Gopinath, Economist and former First Deputy Managaing Director of IMF , underscored that both India and the US "must engage constructively to negotiate tariffs" at a time when global trade is being reshaped by geopolitics and national security concerns. Gopinath said the world economy has entered a phase where trade policy is no longer driven purely by economics, but increasingly by strategic and security considerations. Focusing on India's trade strategy, she said ...Read More >
Finance Minister Nirmala Sitharaman said on Wednesday that India is working towards securing 25 per cent of global trade in the coming years. India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. Advertisement ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) Finance Minister Nirmala Sitharaman on Wednesday said that reducing the country's debt-to-GDP ratio will be the "core focus" for the government in the next financial year (2026-27). Speaking at a media event here, Sitharaman stressed that it is crucial to bring down the debt-to-GDP ratio, which crossed 60 per cent during the Covid period. "It is already coming down, but we need to reduce it further, and this will be a core focus in the next financial year," t ...Read More >
New Delhi, Dec 17 ( UNI) India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. She said the global economic landscape is undergoing a major shift, with trade increasingly getting weaponised through tariff restri ...Read More >
New Delhi [India], December 17 (ANI): Consumers across India are set to benefit from reduced prices of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) as the Petroleum and Natural Gas Regulatory Board (PNGRB) announced a tariff rationalization that will come into effect from January 1, 2026.In an exclusive interview, AK Tiwari, Member, PNGRB, said that the new unified tariff structure will result in savings of Rs 2-3 per unit for consumers, depending on the state and applicable ...Read More >
(Bloomberg) - India's rupee strengthened the most in seven months on Wednesday after the central bank aggressively sold dollars to support the currency. Stocks also gained. The rupee rose as much as 1%, the most since May 23, to 90.0963, after closing at a record low in the previous session. The Reserve Bank of India is intervening through dollar sales in the local market, according to people familiar with the transactions. The move follows the rupee's string of record lows in recent weeks, wh ...Read More >
Hong Kong's stock market has experienced a remarkable turnaround. Share sales have surged, making it Asia's leading fundraising hub. This boom is fueled by Chinese companies seeking global expansion. India, mainland China, and Japan also saw strong dealmaking. Despite global challenges, Hong Kong's market shows robust activity. Investors are now focusing on quality deals. Not long ago, Hong Kong's share-sale market was a symbol of China's slowdown: Deal books were thin, investor sentiment was s ...Read More >
Summary India seeks WTO talks after EU proposed tariffs and quotas on ferro-alloy imports. While the impact may be limited, move increases uncertainty amid global trade turmoil. India has approached the World Trade Organization (WTO) for consultations with the European Union (EU) as the bloc's proposed tariffs and quotas on ferro-alloy imports deepen worries about global trade uncertainty when the two parties are negotiating a free-trade pact. India has a substantial trade interest in the pro ...Read More >
NEW DELHI, - India's exports leapt in November in defiance of U.S. President Donald Trump's steep tariffs, providing fresh leverage in ongoing trade talks with Washington and easing pressure on New Delhi to strike a quick deal. Shipments to the United States rose more than 22% in November from a year earlier, outpacing India's overall export growth of more than 19%, which lifted total goods exports to $38.13 billion, government trade data released on Monday showed. Goods exports were the highe ...Read More >
MUMBAI - The Indian rupee weakened to a record low for the fourth straight session on Tuesday, weighed down by dollar demand linked to likely maturity of positions in the non-deliverable forwards (NDF) market and continued foreign portfolio outflows. The currency fell to 90.8275, eclipsing its previous record low of 90.7875 hit a day earlier. The rupee has fallen 6 percent against the US dollar so far in 2025, making it one of the worst-performing emerging market currencies, as steep US tariff ...Read More >
New Delhi [India], December 16 (ANI): India's Commerce Secretary Rajesh Agrawal said that the country's export performance showed strength even when the world faced economic challenges. Agrawal said on X "India's efforts to diversify trade across geographies and sectors is paying off. There is positive export momentum that is likely to consolidate in the coming months" He added "India's exports have shown resilience in wake of global challenges. Over first 8 months of FY26, total exports inclu ...Read More >
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