trade policy

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    UK FTA Set for May Launch, EU Timeline Announced

    New Delhi, March 19 The free trade agreement (FTA) between India and the UK, signed last July, is likely to be implemented by early May, as both sides are "finalizing a few outstanding issues," officials said on Thursday.According to officials, the EU has indicated November as the timeline for...
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    Report: India Can Create 5.4 Million Jobs in Sports Equipment Sector

    New Delhi, March 19 India has the potential to significantly increase its exports of sports equipment to USD 8.1 billion and generate around 5.4 million additional jobs by 2036, according to a report released by Niti Aayog on Thursday.The report focuses on increasing India's share in global...
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    Trump Administration Focus on Manufacturing Gains in Michigan

    Washington, March 19 – US Vice President J.D. Vance used a speech in the industrial state of Michigan to defend President Donald Trump’s economic agenda, arguing that tax cuts, deregulation, and a tougher trade posture were helping to revive manufacturing, while also acknowledging short-term...
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    Parliamentarians Examine UK-India Economic Ties

    New Delhi, March 18 The Department-Related Parliamentary Standing Committee on Commerce interacted with an eight-member delegation from the United Kingdom Parliament's Business and Trade Committee, headed by Liam Byrne.During the interaction, the committee highlighted that India and the United...
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    Delhivery Expands Air Parcel Service to UK, Canada, Australia

    Mumbai, March 18 Logistics firm Delhivery announced on Wednesday the expansion of its economy air parcel service under 'Delhivery International' to the UK, Canada, and Australia.The addition of these regions to the company's network addresses the demand for Indian MSME exports such as apparel...
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    Trump's Tariff Pressure Fails: India Prioritizes National Interest

    New Delhi, March 17 – US President Donald Trump may have believed that his threats of tariffs would make India back down, but a new paper by an IIM Udaipur professor argues that he got the country badly wrong.The paper, by Professor Kunal Kamal Kumar and published in Third World Quarterly...
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    Government Tightens Import Rules for Diamond-Studded Silver Jewelry

    New Delhi, March 16 The government imposed import restrictions on silver jewellery studded with cheap diamonds from Monday onwards, according to a notification."The import policy for these items...is revised from free to restricted, effective immediately, up to June 30, 2026," the Directorate...
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    Boosting India's Medical Device Manufacturing

    New Delhi, March 14 India needs to move beyond its image as the "Pharmacy of the World" to become a global hub for medical technology manufacturing, Commerce Secretary Rajesh Agrawal said on Saturday.He also emphasized the broader goal of achieving a $30 billion medical devices market by 2030...
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    Administration Considers Options for US Farmers' Fertilizer Needs

    Washington, March 14 – The Trump administration is preparing potential measures to protect American farmers from rising fertilizer costs linked to global tensions, including developments involving Iran, US Agriculture Secretary Brooke Rollins said at the White House.Speaking to reporters at...
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    India and UK Trade Agreement Anticipated to Boost Commerce

    New Delhi, March 13 The India-UK free trade agreement is expected to come into effect from mid-April this year, Commerce and Industry Minister Piyush Goyal said on Friday.India and the UK signed the Comprehensive Economic and Trade Agreement (CETA) on July 24 last year, under which 99 per cent...
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    US Trade Probe Doesn't Signal Trade Deal Suspension

    New Delhi, March 13 The government on Friday rejected reports suggesting that New Delhi might suspend the proposed trade deal with the US in view of the Trump administration launching a new "unfair practices" probe against India and some other countries.The claim that India will hold off the...
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    Bilateral Trade Agreement Discussions Progress Despite Tariff Uncertainty

    New Delhi, March 13 India and the US remain engaged in discussions for a mutually beneficial bilateral trade agreement, the commerce ministry said on Friday.The chief negotiators of the two countries were scheduled to meet last month in Washington to finalize the legal text for the first phase...
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    China Condemns US Trade Probe Targeting 16 Economies

    Beijing, March 13 China on Friday condemned the US trade investigation targeting 16 economies, describing it as a typical unilateralist move that severely disrupts the international economic and trade order.In a statement, the Chinese Ministry of Commerce said that a World Trade Organisation...
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    Bilateral Trade Discussions Between India and US

    New Delhi, March 13 The commerce ministry said on Friday that India and the US are still engaged in discussions for a mutually beneficial bilateral trade agreement.The ministry has denied reports about a halt to bilateral engagement."We have noted a media report regarding ongoing trade talks...
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    Trade Investigation: US Targets Countries on Forced Labor Practices

    Washington, March 13 – The United States has launched investigations into 60 economies, including the European Union, India, Japan, and China, to determine whether their failure to ban imports made with forced labor unfairly harms American workers and businesses.The sweeping probe was...
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    Bihar's Export Potential: Minister Highlights Growth Strategy

    Patna, March 12 Bihar's Minister for Industries, Dilip Kumar Jaiswal, on Thursday emphasized the need for the state to develop a "progressive" export promotion policy.He was addressing an exporters' conclave here, which focused on Free Trade Agreements (FTAs) and the Export Promotion Mission...
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    Trade Investigation: US Seeks to Address Industrial Capacity

    Washington, March 12 – The United States has launched a sweeping trade investigation targeting India and 15 other economies over alleged excess industrial capacity in manufacturing sectors, a move that could eventually lead to tariffs or other trade measures.The probe, announced by US Trade...
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    Senate Report: Trump's Actions Harm U.S. Position Against China

    Washington, March 11 – A new report by Democratic members of the Senate Foreign Relations Committee has warned that President Donald Trump’s policies have weakened the United States in its strategic rivalry with China, arguing that trade wars, cuts to foreign assistance, and strained alliances...
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    Sitharaman: Inflation Near Lower Bound Despite Crude Increase

    New Delhi, March 9 The impact of rising global crude prices on inflation is not expected to be substantial at this point, as India's inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday.In response to a written question in the Lok Sabha, Sitharaman said that...
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    New Committee to Study SEZ Effectiveness and Harmonize Export Schemes

    New Delhi, March 8 The government has set up a 17-member committee to suggest larger reforms in the policy for special economic zones (SEZs), an official said.It will submit a concept paper or roadmap or suggestions or amendments within six months along with its recommendations for broad-based...
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