New Delhi, March 5 (IANS) India-Finland bilateral trade rose 19 per cent in April–December (FY26) compared to the same period last year, marking “a new phase of momentum and structural realignment”, a report said on Thursday amid Finnish President Alexander Stubb’s first official visit to the country.The report from Rubix Data Sciences said that exports have been the key driver of the renewed momentum, rising at 11 per cent year‑on‑year in April–December of FY26.“As both governments …
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New Delhi, March 2 (IANS) The recently concluded free trade agreement between India and the European Union is creating concern in Pakistan, where industry leaders fear it could hurt the country’s textile sector and threaten millions of jobs, a report has said.The India-EU Free Trade Agreement was announced on January 27 after negotiations concluded between New Delhi and the European Union.The deal is now under legal review before it is formally signed and is expected to come into effect next y…
New Delhi, Feb 27 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that India would go in for a rebalancing of the proposed trade agreement with the United States, if required, to protect its interests, in view of the changed situation following the US Supreme Court annulling the tariff hikes announced earlier by the Donald Trump administration.”Given the evolving situation on US tariffs, we will wait and watch and ensure India’s best interests are protected,” Goyal said at a …
New Delhi, Feb 23 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said that quality must become the core focus of India’s manufacturing and export ecosystem if the country wants to achieve its long-term economic goals.Addressing the first National Quality Conclave virtually, organised by the Department for Promotion of Industry and Internal Trade (DPIIT) in partnership with the Quality Council of India (QCI), Goyal stressed that Prime Minister Narendra Modi’s vision of “…
Kathmandu, Feb 23 (IANS) The local administration in Nepal’s Parsa district on Monday imposed a curfew in parts of the border town of Birgunj, citing security concerns following tensions between Hindu and Muslim groups in the Shripur area of the city.Tensions between the two communities in Birgunj surfaced a few days after similar clashes erupted in Gaur, the district headquarters of another southern border district, Rautahat.These incidents have occurred just days ahead of the scheduled elect…
New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that the interim trade deal between India and the United States is likely to become operational in April this year.Meanwhile, a three-day meeting between Indian and US officials to finalise the legal text for the interim trade agreement will begin in the US on February 23.The minister also said that India’s free trade agreements (FTAs) with the UK and Oman are likely to be implemented in April, while in the case …
Ludhiana, Feb 12 (IANS) Punjab unit Bharatiya Janata Party (BJP) spokesperson Pritpal Singh Baliawal on Thursday accused the Aam Aadmi Party (AAP) government in the state of deliberately misleading farmers and stakeholders associated with the dairy sector in Punjab. Baliawal clarified that sensitive agricultural and dairy products have been kept under full protection in the agreement and have been excluded from any provisions that could adversely affect Punjab’s interests. He also presented be…
Seoul, Feb 9 (IANS) The South Korean economy is showing a moderate increase in production, thanks to improved consumption, a state-run think tank said on Monday.”Recently, our economy has maintained moderate production growth, led by the service sector, thanks to improvements in consumption,” the Korea Development Institute (KDI) said in its monthly economic assessment, reports Yonhap news agency.In December, industrial output rose 1.5 percent from the previous month, while retail sales increase…
New Delhi, Feb 8 (IANS) Union Agriculture Minister Shivraj Singh Chouhan said on Sunday that many agricultural products of Indian farmers will now be exported to the United States of America with zero tariffs and American farmers’ agricultural products will not receive this concession in the Indian market. Stressing that India’s interests in agriculture and dairy are fully protected, the Union Minister added that the US has made significant reductions in tariffs on many products in the agricultu…
New Delhi, Feb 7 (IANS) Agriculture Minister Shivraj Singh Chouhan on Saturday said that the Opposition’s narrative of “the country has been sold, farmers have been sold, farmers will be ruined” cannot hold up, as the India-US trade agreement will open new doors for India’s progress and development, increase exports, create employment opportunities, and boost farmers’ incomes.“Our spices will be exported, rice exports to these countries will increase, our dairy products are safe, and…