Washington, July 8 (IANS) India’s chief negotiator for the landmark free trade agreement with the European Union on Wednesday described the pact as the country’s “most ambitious agreement” to date, saying it would significantly expand market access, strengthen rules-based trade and open new opportunities for labour-intensive industries, services and technology cooperation. Speaking at an event hosted by the Peterson Institute for International Economics, Darpan Jain, Chief Negotiator from India’…
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New Delhi, July 3 (IANS) In a significant step towards strengthening bilateral economic ties, India and Mali institutionalised their growing commercial partnership through the inaugural India-Mali Forum for the Promotion of Exports, setting the stage for deeper trade and investment cooperation between the two countries, according to a statement issued by the Commerce and Industry Ministry on Friday. The two-day forum, held in Bamako under the theme “Reinforcing Trade and Strategic Partnerships”,…
New Delhi, June 21 (IANS) Pakistan has continued to enjoy export benefits to the European markets under the Generalised Scheme of Preferences Plus (GSP+), despite its continuous track record of human rights, labour, governance, and environmental violations, which have dented Islamabad’s global credibility, a report said.Pakistan’s persistent violations, including enforced disappearances, misuse of blasphemy laws, military court trials, minority persecution, labour exploitation, child labour,…
Guwahati, June 18 (IANS) Union Minister of State for External Affairs and Textiles Pabitra Margherita on Thursday said that Prime Minister Narendra Modi completing 12 years in office is a reflection of the immense trust and confidence reposed by the people of India in the Bharatiya Janata Party (BJP)‑led National Democratic Alliance (NDA). Speaking to reporters here, Margherita said PM Modi has set a record as one of the longest‑serving democratically elected Prime Ministers of the country, …
Bengaluru, June 9 (IANS) India is projected to see average salary increments of 8.6 per cent to 10.2 per cent in FY27, underpinned by sustained demand for skilled and execution-focused talent, a report showed on Tuesday.TeamLease Services’ latest report highlights a stable yet differentiated salary outlook across industries this fiscal. High-growth industries are expected to register salary increments in the range of 9.6 per cent to 10.2 per cent, led by EV and EV Infrastructure, FinTech, Heal…
New Delhi, June 4 (IANS) India- Oman Comprehensive Economic Partnership Agreement (CEPA) carries strategic value beyond trade by offering mechanisms to mitigate risks tied to the Strait of Hormuz, a report has said.Oman’s unique geographic position, stretching from the Arabian Sea to areas adjacent to the Hormuz choke point, and its port and logistics infrastructure provide India with alternative maritime access points, the report from India Narrative said.”This also allows New Delhi to engage…
New Delhi, June 1 (IANS) India’s merchandise exports to Oman are officially targeted to grow by 50 per cent over the next three years, as the Comprehensive Economic Partnership Agreement (CEPA) with the Gulf nation came into force on Monday.The agreement aims to drive merchandise exports from the baseline of roughly $4.06 billion past the $6 billion mark, with a medium-term goal of reaching $10 billion.Oman has offered zero-duty access on 98.08 per cent of its tariff lines, covering 99.38 per ce…
New Delhi, June 1 (IANS) As the India‑Oman Comprehensive Economic Partnership Agreement came into force on Monday, Union Commerce and Industry Minister Piyush Goyal said the agreement will significantly benefit India.Goyal took to a social media platform, X, describing the agreement as a defining milestone in Prime Minister Narendra Modi’s mission to create global pathways to prosperity for students, artisans, women, farmers, fishermen and MSMEs by opening new markets, boosting exports, attrac…
New Delhi, May 31 (IANS) India-Oman Comprehensive Economic Partnership Agreement (CEPA) offering zero duty access to a range of Indian labour-intensive exports, will kick in from Monday.The Finance Ministry on Sunday issued notification on duty concessions on Omani goods under trade pact with India, which will come into effect from June 1.India and Oman signed the Comprehensive Economic Partnership Agreement (CEPA) in December last year during Prime Minister Narendra Modi’s visit to Muscat.Par…
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,…