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IMPACT OF FTA ON INDIA TRADE DEFICIT
PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
- EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
- India-Israel, GCC FTA talks temporarily stalled due to West Asia crisis: Piyush GoyalIndia's free trade talks with Israel and the GCC are temporarily paused, while discussions with Canada are progressing rapidly. Commerce Mi...
- Indian envoy holds talks with senior Chinese commerce ministry official on trade tiesIndian Ambassador Vikram Doraiswami met a senior Chinese Commerce Ministry official to boost trade and commercial cooperation. The discussi...
- India ties to be stable through political transitions, says UK's AI ministerKanishka Narayan, the India-born Minister for Artificial Intelligence (AI) in Starmer's top team, addressed the inaugural India All Party P...
- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
- US goods trade deficit widens sharply in May on importsThe goods trade gap increased 27.4% to $105.8 billion last month, the Commerce Department's Census Bureau said on Friday. Economists polle...
- 'India-Israel FTA may be signed in very near future': Israel Embassy's Economic Division head Ofir AmamiIndia and Israel are discussing a Free Trade Agreement (FTA) covering goods and services, and the agreement could be signed in the near fut...
- World MSME Day: What India’s recent FTAs and trade deals mean for MSMEsWhile FTAs have opened global markets for MSMEs, experts say future deals should be designed more carefully to help small firms compete at ...
- Minister Piyush Goyal wins UK-India Award for elevating tiesCommerce and Industry Minister Piyush Goyal received an award in London for his role in strengthening UK-India ties, coinciding with the ho...
- Piyush Goyal to visit London before India-UK CETA comes into forceCommerce Minister Piyush Goyal's UK visit from June 25-27 aims to finalize preparations for the India-UK CETA and DCC, set to launch July 1...
- Modinomics is appeasement of US, capitulation to China: CongressThe Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies inv...
- Chinese tech, investments welcome, but trade opening needs caution: CII PresidentChinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan...
- India-UK FTA sparks partnership rush among boutique law firmsIndian law firms are actively seeking UK partnerships ahead of a free trade agreement, anticipating a surge in cross-border legal work. Thi...
- FTA map: Mega FTA wave to bring 60% of India trade under preferential regimeWith the UK deal kicking in next month, an EU pact likely next year, and a US agreement in the works, over 60% of India’s trade will soon f...
- India-EU trade pact to be signed by Dec; implemented from Feb-Mar next year: GoyalIndia is set to sign a free trade agreement with the European Union by December, with implementation expected by February-March next year. ...
- India on track for $1 trillion exports in FY27: Piyush GoyalIndia is poised to hit its ambitious $1 trillion export goal by FY27, despite ongoing West Asia challenges, according to Commerce Minister ...
- India, US trade deal can't be implemented until we have 'competitive advantage': Piyush GoyalCommerce and Industry Minister Piyush Goyal on Saturday said India cannot implement the proposed trade agreement with the United States unt...
- India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.
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