India is not seeking to reverse the benefits of globalization, but is asking that it be made more transparent, Union Finance Minister Nirmala Sitharaman said Monday. “It’s not to say that we have to reverse the benefits of globalization. It is more to say, make globalization more transparent,” Sitharaman told a prominent American think-tank Peterson … Read more
Congress President Mallikarjun Kharge with senior party leader Sonia Gandhi during the 85th Plenary Session of the Indian National Congress, in Raipur on February 25, 2023. | Photo Credit: PTI Congress economic resolution identifies job creation as the cornerstone of policy making The Congress, terming employment generation as the core and foundation of its draft … Read more
India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday. At the conclusion of UK Chancellor Jeremy Hunt’s India visit for the G20 Finance Ministers and … Read more
Cricket bat and pad exports from the UK to India could be in line for a big boost if a free trade agreement (FTA) between the two countries gets finalised, the UK government has said. The Department for International Trade (DIT) issued the update on Saturday following the sixth round of FTA negotiations wrapped up … Read more
U.K. Trade Secretary Kemi Badenoch arrives in New Delhi on December 12 to “kickstart” the sixth round of Free Trade Agreement (FTA) negotiations and hold bilateral talks with her Indian counterpart Piyush Goyal. The new round marks the first formal meeting between the India-U.K. negotiating teams since July and the first since Rishi Sunak took … Read more
The civil society, comprising farmers’ groups, trade unions, patient groups, traders, women’s rights organisations, academia and NGOs, on Friday opposed the proposed India-EU free trade agreement, the third round of whose negotiations concluded this week, citing adverse impact on farmers, fishers, patients, traders and New Delhi’s digital industrialisation strategy. Representatives of the the Forum for … Read more
India on Thursday said it is working “sincerely” with the UK for finalisation of the proposed free trade agreement, days after Prime Minister Narendra Modi and his British counterpart Rishi Sunak agreed on the “early conclusion” of the deal. “Both sides are working sincerely on the free trade agreement,” External Affairs Ministry Spokesperson Arindam Bagchi … Read more
India and the United Kingdom are set to resume formal talks for a bilateral free trade agreement (FTA) with the prime ministers of the two sides on Thursday agreeing on the need for its early conclusion, officials said. While no new deadline to conclude the talks has been set after the Diwali target was missed, … Read more
The UK’s minister driving the free trade agreement (FTA) negotiations with India said on Wednesday that the Diwali deadline set for a deal is a good “landing point” as there is “real optimism” on both sides. UK Secretary of State for International Trade Anne-Marie Trevelyan was giving evidence to the House of Commons International Trade … Read more
India’s foreign trade is in comfortable position and the time has come for India to engage more with the world, Commerce and Industry Minister Piyush Goyal said on Saturday. The minister called upon the captains of Indian industry to set ambitious targets as the economy is poised for a sustained spell of rapid growth. Addressing … Read more