India-US Trade Pact May Be Finalised Within Months: US Envoy
US Ambassador Sergio Gor expressed optimism about finalising a bilateral trade agreement with India within months, aiming to reduce barriers and boost market access.
US Ambassador Sergio Gor expressed optimism about finalising a bilateral trade agreement with India within months, aiming to reduce barriers and boost market access.
A new study reveals that many UK voters mistakenly believe net migration is rising, despite official figures showing a sharp decline to 171,000 in 2025.
The Indian government assures stable LPG, petrol, and diesel supplies amid Middle East tensions, urging citizens to avoid panic buying and conserve energy.
The Confederation of Indian Industry has signed an MoU with the Cyprus Chamber of Commerce and Industry to enhance bilateral trade and investment between India and Cyprus.
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RecommendedReports reveal a tense phone call between Trump and Netanyahu over Iran war strategy, with Trump pushing for a deal but ready to resume conflict if needed.
India and Norway are deepening collaboration in green energy, maritime, and fintech sectors under the Trade and Economic Partnership Agreement (TEPA), aiming for sustainable growth and innovation.
China indicates it can accept US tariffs within agreed limits and pushes to extend the trade truce, signaling potential stabilization in ties between the world's two largest economies.
Oil prices fell nearly $1 on Tuesday after US Vice President JD Vance reported progress in US-Iran talks, reducing fears of military conflict and easing supply disruption concerns.
US Treasury Secretary Bessent says G7 aims to confront China using trade imbalances data, warning of a flood of Chinese exports like EVs that could damage Western economies.
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RecommendedCarbon exposure is emerging as a significant business, trade, and credit risk for Indian companies, impacting profitability, costs, and supply chains, according to a new report.
The US has extended a sanctions waiver for Russian oil already en route, providing temporary relief to India and other buyers. The move allows delivery of cargoes loaded before the deadline.
PM Modi at Norway-India Business Summit invites Norwegian investment in shipbuilding and green energy, aiming to increase Norway's ships built in India from 10% to 25% in five years.
The US extended a sanctions waiver allowing Russian crude purchases, likely softening global oil prices. Indian refiners benefit as state-run firms still lose Rs 750 crore daily on fuel sales.
India asserts its right to purchase Russian oil for energy security, independent of US sanctions, highlighting strategic autonomy in foreign policy.
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RecommendedChina's recent US farm purchases signal a shift in trade dynamics, potentially easing tensions and impacting global markets. Experts weigh in on the implications.
The United States has dispatched cargo planes carrying ammunition to Israel amidst escalating tensions in West Asia, signaling continued military support for its ally.
Global trade dynamics are shifting as forced trade practices reshape the economic order. Nations grapple with protectionism, supply chain disruptions, and new alliances.
India and Sweden have agreed to double bilateral trade and elevate their relationship to a strategic partnership, focusing on innovation, sustainability, and green technologies.
European Commission President Ursula von der Leyen pledges to conclude India-EU free trade agreement by end of 2026, calling the pace 'record speed' after FTA negotiations wrapped up in January.
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RecommendedIndia's jewellery exports fell 9.07% in April 2025 to $2.22 billion due to Middle East tensions and US tariff uncertainty, with diamonds and gold jewellery declining sharply.
Dalal Street will be driven by US-Iran conflict and oil prices this week, with rupee movement also in focus after it fell below 96 against the dollar.
A new report reveals that not a single commercial ship has signed up for Trump's $40 billion Hormuz insurance program, as shipping companies demand real warships over paper guarantees.
India's trade with Brics nations surged to $416 billion in CY2025, but the goods trade deficit nearly doubled to $224 billion due to a sharp rise in imports, especially from Russia and China.
President Trump announced China will purchase 200 Boeing aircraft, with potential to increase to 750 planes, boosting US aerospace and trade relations.
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RecommendedIndia accelerates plans for a Rs 40,000 crore subsea gas pipeline from Oman to reduce dependence on Hormuz Strait amid rising tensions, aiming to secure energy supplies by 2030.
The Indian Consulate in Shanghai hosted a FICCI-led delegation to strengthen bilateral economic cooperation, highlighting opportunities in advanced manufacturing, green tech, and digital economy.
India and the UK's free trade agreement faces a major obstacle over steel tariffs, delaying its implementation and raising concerns among stakeholders.
US President Donald Trump claims China may soon purchase large amounts of American oil, reducing dependence on Russian and Iranian crude amid Middle East crisis.
A US delegation is expected to visit India next month for trade negotiations under the proposed bilateral trade agreement, Commerce Secretary Rajesh Agrawal said.
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RecommendedA new report reveals that the closure of the Strait of Hormuz has disrupted the flow of 18.4 million barrels of oil per day, impacting global energy markets.