Union Minister of Agriculture and Farmers’ Welfare and Rural Development, Shri Shivraj Singh Chouhan, on Saturday described the India-United States trade deal as historic and unprecedented, stating that it would provide new momentum and direction to the Indian economy. Addressing a press conference at his residence in Bhopal, the Minister…
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India–U.S. Trade Pact: Tariffs Slashed, $500B Buys
India and the United States have taken a significant step in reshaping their economic relationship by announcing a framework for an interim trade agreement that will reduce tariffs on Indian goods and expand bilateral market access. The joint statement, issued on February 7, 2026, outlines reciprocal commitments aimed at boosting…
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IIFT Launches Australia–India Business Case Studies Compendium
The Indian Institute of Foreign Trade (IIFT), New Delhi, on Thursday hosted the launch of a comprehensive business case studies compendium titled “Pitch Perfect Australia–India: Perfect Conditions for a $100 Billion Partnership”. The publication aims to provide practical insights into the evolving economic relationship between India and Australia, as both…
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India-US Trade Deal: Russian Oil Exit, $500B Investment
India and the United States have announced a significant bilateral trade agreement that could reshape global energy and investment patterns. As part of the deal, India has reportedly committed to stopping purchases of Russian oil and has pledged nearly $500 billion in investments across multiple American sectors. The announcement has…
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Piyush Goyal Hits Back at Congress Over India–EU FTA Criticism
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…
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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…
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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…
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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…
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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…
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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…