India-UK FTA talks to resume early next year: Ministry of Commerce and Industry
The Indian Ministry of Commerce and Industry on Wednesday said discussions over relaunching the Free Trade Agreement between India and the UK will commence in early 2025.
India to take centre stage for global fashion brands as Asian growth shifts: McKinsey report
India is set to become a major focus for high-street fashion brands as international players increasingly turn to Asian growth markets like India for manufacturing, ANI reported, citing McKinsey & Company’s latest study.
India sees opportunities to engage in Turkmenistan’s energy sector
Turkmenistan presents India with an opportunity to boost energy security, strengthen regional ties, and deepen its strategic influence in Central Asia.
India set to benefit from Trump's possible tariff hike on Chinese imports: Report
New Delhi/IBNS: After Donald Trump's win in the US presidential election, a report from CareEdge suggests that India might gain from shifts in global trade if Trump proceeds with plans to impose hefty tariffs on Chinese imports.
New Delhi/IBNS: Union Minister Hardeep Singh Puri emphasized that India’s decision to purchase oil from Russia has played a crucial role in preventing global oil prices from escalating even further.
Global patent filings reach record high driven by surge in applications from India
Mumbai/IBNS: India’s significant rise in patent filings helped propel global patenting activity to an all-time high in 2023, with the country entering the top ten for the first time.
India's diesel market signals warning as growth slows down
Mumbai/IBNS: India's diesel market is showing signs of a slowdown as demand growth loses steam, raising concerns for the world's third-largest oil importer, reports Bloomberg.
India shines in gold purchases, outpaces China by 51% in 3 months
New Delhi/IBNS: Indians bought a substantial 248.3 tonnes of gold between July and September 2024, which is 51 percent more than the 165 tonnes purchased in China during the same period, according to the World Gold Council’s latest data.
Apple's production shift: Tech major exports $6 billion worth of iPhones from India
New Delhi/IBNS: Apple's iPhone exports from India surged by a third in the six months leading up to September, highlighting the company's strategic shift to expand its manufacturing footprint in India and reduce reliance on China, reports Bloomberg.
IMF highlights significant manufacturing shift towards India and China
New Delhi/IBNS: The International Monetary Fund (IMF), in its latest "World Economic Outlook" report, has highlighted a notable shift in global manufacturing towards emerging markets like India and China, as advanced economies face declining competitiveness.
New Delhi: Canada is a major beneficiary of the India-Canada economic ties, Ministry of External Affairs spokesperson Randhir Jaiswal said on Thursday, asserting that the current crisis in the relations has been precipitated by the Justin Trudeau government’s baseless allegations.
India expediting FTA negotiations with Australia to resolve key differences: Report
New Delhi: India is aiming to accelerate its free trade agreement (FTA) negotiations with Australia over the next two months in an effort to resolve key differences on sensitive issues and finalize the deal, media reports said.
India Inc mourns Ratan Tata's demise
Mumbai: As Indians from all walks of life mourn the loss of the country’s beloved industrialist Ratan Tata, business leaders have shared heartfelt tributes to the iconic figure, whose life and legacy have left an enduring impact for generations to come.
India’s digital revolution set to create a $1 trillion economy by 2028: Report
New Delhi: India’s financial ecosystem has undergone a significant transformation, driven by deep internet penetration, affordable 4G and 5G services, and a range of government digital initiatives.
India to develop UPI-like real-time payments platform for Trinidad and Tobago
NPCI International Payments Limited (NIPL) has entered into a strategic partnership with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform similar to India’s ‘Unified Payments Interface’ (UPI).