India and the European Union are moving closer to sealing what leaders on both sides have described as the “mother of all deals” a long-awaited free trade agreement that could reshape economic ties between two of the world’s largest markets. The renewed momentum comes at a time of heightened global…
Tag: #GlobalTrade
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Macron Rebukes Trump 200% Tariff Threat on France
DAVOS: French President Emmanuel Macron delivered a strong rebuke to U.S. President Donald Trump on Tuesday, asserting that Europe would not bow to intimidation after Trump threatened tariffs of up to 200% on French wine and champagne over a potential U.S. takeover of Greenland. Speaking at the World Economic Forum…
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RBI Pushes BRICS Digital Currency for Easier Payments
India’s central bank has proposed a landmark initiative to link the digital currencies of BRICS nations, a move that could reshape cross-border trade and tourism payments while gradually reducing reliance on the US dollar. The proposal, recommended by the Reserve Bank of India (RBI), is expected to be placed on…
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Why Peter Navarro Claims Americans Pay for AI Used in India
Fresh controversy has erupted in Washington after White House trade adviser Peter Navarro claimed that Americans are effectively paying for artificial intelligence (AI) services used in countries such as India and China. The remarks, made during a televised interaction with former Trump strategist Steve Bannon, have added fuel to an…
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India’s Chabahar Withdrawal: Geopolitical Ripples
India has reportedly scaled back its involvement in Iran’s Chabahar port following potential sanctions threats from the United States. The move, highlighted by US President Donald Trump’s announcement of a 25% tariff on any business conducted with the US by nations engaging with Iran, has triggered debate over India’s strategic…
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Budget 2026: India’s Trade Policy Reset in Turbulent Times
New Delhi: As India approaches the Union Budget 2026, trade policy has emerged as a central economic challenge rather than a background consideration. Slowing global growth, renewed protectionism and disrupted supply chains have reshaped the rules of international commerce. For India, which remains deeply integrated with major global markets, trade…
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China Halts Solar Subsidies, India Set to Shine
China’s decision to phase out export subsidies on solar products could mark a turning point for India’s renewable energy manufacturing sector. The move, announced earlier this month, is expected to narrow the cost gap between Chinese and Indian solar equipment, potentially opening global export opportunities for Indian firms. From April…
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NITI Aayog Releases Export Preparedness Index (EPI) 2024
NITI Aayog on Tuesday released the Export Preparedness Index (EPI) 2024, offering a comprehensive assessment of export readiness across India’s States and Union Territories. The index highlights the critical role of subnational economies in driving India’s global trade ambitions and achieving the target of USD 1 trillion in merchandise exports…
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Piyush Goyal’s Brussels Visit Boosts India-EU FTA Talks
Union Minister of Commerce and Industry Shri Piyush Goyal’s recent visit to Brussels has given fresh momentum to the long-pending India-European Union Free Trade Agreement (FTA), with both sides reaffirming strong political commitment to conclude a modern and mutually beneficial deal. The two-day visit, held on January 8 and 9,…
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NITI Aayog Releases Trade Watch Quarterly on India’s Auto Exports
NITI Aayog on Tuesday released the fifth edition of its flagship publication, Trade Watch Quarterly, offering a detailed and data-driven assessment of India’s trade performance amid changing global economic conditions. The latest edition, covering the first quarter of FY 2025–26 (April–June 2025), places a special emphasis on the structure, competitiveness,…