New Delhi, Jan 28 (IANS) The India-EU FTA benefits could eventually go beyond goods trade, including larger FDI flows, more services trade and strategic diversification, HSBC Global Investment Research said on Wednesday.The FTA is described as the “mother of all deals” – which is balanced, yet ambitious and mutually beneficial for both parties. In FY25, India-EU goods trade was almost $140 billion.Details show that the India-EU trade is built on complementary value chains. The EU sells capital…
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New Delhi, Jan 27 (IANS) The unprecedented preferential access secured for over 99 per cent of Indian exports is a game-changer for Indian industry, the Confederation of Indian Industry (CII) said on Tuesday.With the India-EU deal, Rs 6.41 lakh crore ($75 billion) worth exports are poised for take-off, with $33 billion of exports in labour-intensive sectors like textiles, leather, marine products, gems and jewellery are set to gain immensely from preferential access under the FTA.According to Ch…
New Delhi, Jan 16 (IANS) The CSIR Integrated Skill Initiative, a flagship national programme implemented by the Council of Scientific and Industrial Research (CSIR), has trained over 2 lakh workers across the country, the Ministry of Science & Technology said on Friday.“During phase I and II of the Initiative, more than 1.90 lakh individuals were trained, through 5200+ skill-based trainings, including special targeted initiatives for rural citizens and women,” the Ministry said.The third…
New Delhi, Jan 14 (IANS) India and the European Union are in the final stages of negotiating a landmark Free Trade Agreement (FTA), which could reshape India’s trade landscape with its largest partner for goods.Some reports have tied German Chancellor Friedrich Merz’s just-concluded India visit to the ongoing India-EU talks. His trip is being seen as having underscored Germany’s push to fast-track the deal, highlighting trade, investment, and green technology as priority areas.Merz’s Jan…
New Delhi, Jan 9 (IANS) Commerce and Industry Minister Piyush Goyal held high-level talks with the EU Trade and Economic Security Commissioner, Maros Sefcovic, in Brussels on Friday as part of the efforts to secure a mutually beneficial India-EU Free Trade Agreement (FTA).”During this dialogue, we deliberated across key areas of the proposed agreement. We reaffirmed our commitment to a rules-based trading framework and a modern economic partnership that safeguards the interests of farmers and MS…
New Delhi, Dec 20 (IANS) The Comprehensive Economic Partnership Agreement (CEPA) with Oman is expected to enhance India’s export competitiveness, secure energy supplies at favourable prices and strengthen India–Oman economic ties, a report said on Saturday.The report from Bank of Baroda said that CEPA aims to expand trade and investment, increase export opportunities for labour‑intensive micro, small and medium enterprise (MSME) sectors such as textiles, leather, footwear, gems and jewelle…