New Delhi, Feb 7 (IANS) Commerce and Industry Minister Piyush Goyal said on Saturday that the farmers’ interests remain paramount and no concessions have been extended to sensitive agricultural sector produce in grains, fruits, vegetables, spices, oilseeds, dairy, poultry and meat, among others.Replying to a question from IANS during a press meet here, Goyal said the country has secured preferential access for Indian goods through the India-US Interim Agreement framework.“There has been no com…
Latest MSMEs News & Updates
New Delhi, Feb 7 (IANS) The US trade agreement framework represents a historic milestone for India’s textiles and apparel sector, industry leaders said on Saturday.On behalf of the entire textile and apparel industry, Dr A Sakthivel, Chairman of the AEPC (the official body of apparel exporters in India), welcomed the India-US joint statement on the trade deal. “The coming decade is poised to be India’s decade in textile trade, as the country emerges as one of the most preferred sourcing de…
New Delhi, Feb 7 (IANS) The trade agreement will help India and the US remain focussed on working together to further deepen economic cooperation, reflecting shared commitment to sustainable growth for our people and businesses, Commerce and Industry Minister Piyush Goyal said on Saturday.India has reached a framework for an Interim Agreement with the US.“This will open a $30 trillion market for Indian exporters, especially MSMEs, farmers and fishermen. The increase in exports will create lakh…
New Delhi, Feb 7 (IANS) As the United States and India have finalised an interim trade agreement that cuts US tariffs on Indian goods to 18 per cent, External Affairs Minister S Jaishankar on Saturday said the framework for an Interim Agreement will realise a mutually beneficial India-US trade partnership. Taking to social media platform X, EAM Jaishankar said, “The framework for an Interim Agreement will realise a mutually beneficial India-US trade partnership.”He added that the framework wil…
New Delhi, Feb 7 (IANS) As the United States and India finalised an interim trade agreement that reduces US tariffs on Indian goods to 18 per cent, Prime Minister Narendra Modi on Saturday hailed the development, calling it ‘great news’ for both nations. Taking to social media platform X, PM Modi said, “Great news for India and USA! We have agreed on a framework for an Interim Trade Agreement between our two great nations. I thank President Trump for his personal commitment to robust ties betw…
Mumbai, Feb 6 (IANS) The World Trade Center Mumbai on Friday announced that it hosted a high‑level business delegation in the US, where senior officials sought collaboration with India in aerospace, advanced manufacturing, telecom technology, green energy, and infrastructure development.The event sought to help MSMEs, startups, and exporters collaborate better after the announcement of the US-India trade deal.Dave Somers, County Executive, Snohomish County, Seattle Region, said that a sustaina…
New Delhi, Feb 6 (IANS) The Union Budget 2026–27 emphasises policy continuity, fiscal prudence, and investment-led growth.India’s macroeconomic fundamentals remain strong, with growth indicators robust and fiscal targets achieved with relative ease.As noted in the Economic Survey 2025–26, GDP growth for 2025–26 is estimated at 7.4 per cent, while growth for 2026–27 is projected at 6.8 to 7.2 per cent.Against this backdrop, the Budget seeks to sustain the current growth momentum while str…
Mumbai, Feb 6 (IANS) Indian auto component manufacturers are likely to enjoy more access to European markets with improved price competitiveness under the proposed India-EU Free Trade Agreement (FTA), a report said on Friday.The report from ICRA said that “tariff rationalisation and preferential access are expected to enhance pricing competitiveness and sourcing opportunities with European original equipment manufacturers (OEMs)”.The EU is a major automotive production hub and better trade terms…
Jammu, Feb 6 (IANS) Jammu and Kashmir Chief Minister Omar Abdullah tabled a Rs 1,13,767 crore budget for 2026-27 in the Legislative Assembly on Friday, saying the financial plan aims to lay a strong foundation for sustainable growth, social harmony and economic prosperity in the union territory.He said his government is committed to transforming the UT into a modern, progressive and economically vibrant region by promoting investment, innovation and participatory governance.“With deep humility…
Mumbai, Feb 6 (IANS) The Reserve Bank of India’s (RBI) decision to keep the policy rate unchanged reflected a favourable assessment of growth and inflation dynamics, economists said on Friday.The RBI MPC, in its first monetary policy review of 2026, kept the repo rate unchanged at 5.25 per cent.Analysts welcomed the pause on rate hikes and said they expect the RBI to maintain an extended pause, due to positive cyclical upswing and confidence from successful conclusion of multiple trade deals.Rad…