New Delhi, May 22 (IANS) The Federation of Indian Export Organisations (FIEO) on Friday said it sees the upcoming visit of Commerce and Industry Minister Piyush Goyal to Canada as an important step towards strengthening bilateral economic and trade relations between the two countries.The visit from May 25–27 assumes significance at a time when India and Canada are actively working towards reviving negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA), with an ambitio…
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Mumbai, May 22 (IANS) GreenLine Mobility Solutions Ltd., an Essar venture and a pioneer in green logistics, further strengthened its longstanding partnership with Tata Steel with the flag-off of LNG-powered trucks at Tata Steel’s Meramandali facility in Odisha.The deployment marks another step forward in the ongoing collaboration between the organisations to decarbonise long-haul road logistics across multiple operational locations in India. The initiative reflects the shared vision and commit…
New Delhi, May 21 (IANS) US-India trade is entering a high‑growth phase and could reach $500 billion by 2030 driven by stronger supply chains, technology collaboration and deeper integration across manufacturing and services, a report said on Thursday. The report from KPMG in India and AMCHAM said bilateral trade has expanded steadily in recent years, with India’s cumulative exports to the US reaching $87.3 billion in FY26, accounting for 20 per cent of total merchandise exports.Electronics,…
New Delhi, May 21 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Thursday said that there was a strong need for Indian firms to forge joint ventures with US companies to gain access to the latest technologies. In his address at the annual leadership summit of the American Chamber of Commerce (AMCHAM), Gadkari said: “India is the fastest growing major economy while US companies develop lots of new technologies, so it is very important for Indian companies to have joint venture…
New Delhi/Gothenburg, May 20 (IANS) Prime Minister Narendra Modi and Swedish PM Ulf Kristersson on Wednesday jointly wrote an op-ed titled “India and Sweden: Delivering Growth, Resilience and Sustainability… Together”, highlighting the urgent need for stronger international cooperation to tackle climate change, economic fragmentation and industrial transformation.In the joint op-ed, the two leaders stressed that the world is currently facing a defining moment marked by geopolitical uncerta…
Rome, May 20 (IANS) Prime Minister Narendra Modi called on Italian President Sergio Mattarella in Rome on Wednesday with both leaders discussing expanding ties across various sectors, including trade, technology, innovation, clean energy, Artificial Intelligence and culture. External Affairs Minister (EAM) S Jaishankar, National Security Advisor (NSA) Ajit Doval, Foreign Secretary Vikram Misri and other officials were also present during the meeting.Prior to the meeting, PM Modi and President Ma…
Oslo, May 19 (IANS) Prime Minister Narendra Modi said on Tuesday that India and Nordic nations will continue to work together to strengthen rules-based global order amid the current global tensions. Addressing a joint press meet with leaders of Nordic nations following the third India-Nordic Summit in Oslo on Tuesday, PM Modi stated that India and Nordic countries agreed that reform of multilateral institutions is necessary.”In this era of global tensions and conflict, India and the Nordic count…
Oslo, May 19 (IANS) Prime Minister Narendra Modi and his Iceland counterpart Kristrun Frostadottir held a meeting on the sidelines of the third India-Nordic Summit in Oslo on Tuesday, during which they discussed strengthening cooperation in areas such as clean energy, fisheries, sustainability, geothermal energy, carbon capture and storage. This was the first meeting between PM Modi and Frostadottir since the latter assumed office. PM Modi congratulated Prime Minister Frostadottir for being the …
New Delhi, May 19 (IANS) Prime Minister Narendra Modi’s recent visits to the Netherlands and Sweden constitute part of India’s wider European outreach, which includes Norway and Italy, at a time of shifting alliances in the geopolitical landscape amid the dramatic change in US foreign policy under Donald Trump’s presidency.”Underlying the trip is a larger geopolitical calculation on both sides. Europe is seeking to reduce its economic exposure to China and cope with the fallout of the Russ…
New Delhi, May 19 (IANS) India and Norway has strengthened their science and technology partnership with the signing of five major agreements focused on green energy, sustainable development, ocean technology, innovation and geoscience collaboration during Prime Minister Narendra Modi’s visit to Norway.The collaborations are aimed at strengthening institutional partnerships, promoting industry and startup engagement, enhancing academic cooperation and accelerating sustainable growth initiative…