New Delhi, Feb 18 (IANS) Norway is looking forward to the visit of Prime Minister Narendra Modi, scheduled for later in the year, which would further expand bilateral cooperation, said Norwegian Prime Minister Jonas Gahr Store.In his meeting with Finance Minister Nirmala Sitharaman in Oslo, Store appreciated India’s reform momentum and said that Norway and India can collaborate in the sectors of fisheries, health tech, maritime and space. He also lauded the contribution of Indian diaspora in Nor…
Latest Trade agreements News & Updates
Gandhinagar, Feb 15 (IANS) Union Home Minister Amit Shah on Sunday rejected the Congress’s claims that India’s recent trade agreements with the United States and the European Union would harm farmers, saying that “the government had ensured full protection for agriculture, dairy and fisheries in every pact”. In his address at a gathering in Gandhinagar after inaugurating the country’s first Central Bank Digital Currency-based Public Distribution System, Shah accused the Congress and its leader, …
Washington, Feb 12 (IANS) The United States expects India to follow through on tariff reduction commitments under President Donald Trump’s trade agreement, the White House said, calling the pact an “objective win” for American farmers, workers, and industries.“President Trump’s historic trade agreement with India is an objective win for American farmers, workers, and industries,” a White House official told IANS on Wednesday (local time).The official said the administration views the…
Mumbai, Feb 11 (IANS) The Indian apparel (exports) sector has been upgraded to ‘Stable’ outlook from ‘Negative’ after the US reduced reciprocal tariffs on Indian goods to 18 per cent from 25 per cent, a report said on Wednesday.The report from ratings agency ICRA restored its outlook on the apparel sector, saying apparel export revenues are likely to rebound 8–11 per cent in FY27 even as shipments are still projected to decline 3–5 per cent in FY26.The report attributed revenue growth to rec…
Mumbai, Feb 6 (IANS) The Reserve Bank of India has raised its real GDP growth projections for Q1 and Q2 of 2026-27 to 6.9 per cent and 7.0 per cent, respectively, RBI Governor Sanjay Malhotra announced on Friday.Explaining the rationale behind the hike in the growth forecast, Malhotra said, looking ahead, sustained buoyancy in the services sector, GST rationalisation, healthy rabi prospects, monetary easing and benign inflation environment should support private consumption. Investment activity,…
Jaipur, Feb 4 (IANS) Rajasthan Chief Minister Bhajanlal Sharma on Wednesday said the newly-signed trade agreement between India and the United States will be a “game changer” for the state’s economy.CM Sharma said Rajasthan is expected to reap “immense benefits” from the newly signed trade agreement between India and the United States.Expressing optimism over the agreement reached under the leadership of Prime Minister Narendra Modi, the Chief Minister said the deal reflects growing global confi…
New Delhi, Jan 29 (IANS) India’s steady rise as a key player in global trade is evident in its increasing share of both global merchandise exports and commercial services exports, said the Economic Survey 2025-26 released on Thursday.According to the WTO’s World Trade Statistics, between 2005 and 2024, India’s share of global merchandise exports has nearly doubled, rising from 1 per cent to 1.8 per cent.Similarly, its share in global commercial services exports has more than doubled, risin…
New Delhi, Jan 26 (IANS) As India approaches Union Budget 2026-27, industry sentiment points to a clear shift from headline announcements to policy direction, continuity and execution, a survey showed on Monday.Against global uncertainty and a calibrated fiscal consolidation path towards a deficit of about 4.4 per cent of GDP, Budget 2026 is being read as a signal of India’s medium-term economic intent, according to Grant Thornton Bharat’s ‘Pre Budget Survey 2026’.With the economy expect…
New Delhi, Jan 24 (IANS) Prime Minister Narendra Modi on Saturday said the government’s continuous efforts are focused on creating new opportunities for the country’s youth, both in India and across the world, as several new-age sectors such as animation and digital media position India as a global hub.Addressing the 18th edition of the Rozgar Mela via video conference, the Prime Minister said India’s young population is increasingly finding opportunities in emerging sectors, where innovat…
New Delhi, Jan 12 (IANS) Chile’s Ambassador to India, Juan Angulo, on Monday stressed the importance of India in the international arena, and termed it key that nations like India act as intermediation in many sectors in the international agenda. In an interview with IANS, Angulo praised India’s leadership of G20, terming it “very substantial and important.” He also mentioned that Chile has participated in the Global South initiatives that took place years ago.Asked his opinion on how Prime Mini…