Union Commerce and Industry Minister Piyush Goyal has mounted a sharp defence of the India–European Union Free Trade Agreement (FTA), dismissing criticism from the Congress as politically motivated and reflective of a “negative mindset”. Using the colloquial phrase “angoor khatte hain”, Goyal likened the opposition’s response to the classic tale…
Tag: #GlobalTrade
India–EU Seal Historic Free Trade Deal After 20 Years of Talks
India and the European Union have announced a historic free trade agreement, ending nearly two decades of prolonged and often stalled negotiations. The landmark pact, unveiled in New Delhi during a high-level India–EU summit, is being hailed as the largest trade deal ever signed by India and one of the…
India Shines as Country Partner at Gulfood 2026
India marked a historic milestone at Gulfood 2026, the world’s largest annual food and beverage trade exhibition, by participating as the official Country Partner with its biggest-ever global presence. The strong and strategic showcase underlined India’s growing leadership in the global agri-food and processed food sector. With more than 600…
Successful India Makes World Stable, Says EU Chief
New Delhi: European Commission President Ursula von der Leyen on Monday said that a “successful India” makes the world more stable, prosperous, and secure, underlining New Delhi’s growing importance in global geopolitics and trade. Her remarks came as India and the European Union prepare to finalise what has been described…
India–EU Trade Deal: Car Import Tariffs to Drop to 40%
India is preparing to significantly open its tightly protected automobile market by sharply cutting import duties on cars from the European Union, according to sources familiar with the negotiations. Under a proposed India–EU free trade agreement, import tariffs on select European cars could be reduced to 40% from the current…
Why RBI Wants BRICS to Use Digital Currencies for Trade
The Reserve Bank of India (RBI) is encouraging the Indian government to promote the use of central bank digital currencies (CBDCs) for cross-border payments among BRICS nations, according to recent media reports. The move reflects India’s growing interest in reshaping global payment systems, reducing transaction costs, and limiting over-dependence on…
India–EU Trade Pact Advances Amid Trump Tariff Jitters
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…
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…
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…
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…
