India Aims To Cut The Power Sector By 15 Million Tons In 2026.
According to the latest reports from industry sources, India, the second-largest thermal coal importer after China, is now inclined to reduce its power plant imports by 30% in the following year. India’s government is aggressively aiming to reduce coal imports by 15 million tons this year. However, South Asian countries still depend on coal for…
Sumit
India-France Modifies Double Taxation Avoidance Deal
The recent visit of the French President to India resulted in the signing of a protocol amending the India-France Double Taxation Avoidance Convention. The Indian government and the French Republican government agreed to revise the agreement, which was signed earlier on 29 September 1992 ( India-France DTAC). Ravi Agarwal, Chairperson of the Central Board of…
Vipin
India to Delay Washington Meet As US Policy ShiftsÂ
India and the United States decided to postpone their chief negotiators’ meeting, scheduled for this week in Washington on the Interim trade deal, due to policy changes. Both nations agreed to delay the meeting and will plan it again on ‘mutually convenient’ dates after assessing the new developments. The Indian delegation, led by Chief Negotiator…
Shipra Prajapati
India Poised to Emerge As Global Foremost AI User Base
Artificial Intelligence needs to be globally accessible rather than staying in a few hands, industry leaders said at the India AI Impact Summit. Sunil Mittal, Founder and Chairman of Bharti Enterprises, said AI is already becoming prominent in telecom operations, “from our company’s standpoint. AI is becoming a really integral part of how we operate,…
Yash Sharma
India’s Cash in Circulation Hits Record ₹40 lakh Crore
India’s cash in circulation has reached a record ₹40 lakh crore as of January 2026, marking an 11.1% increase compared to the same period last year. The sharp rise underscores the continued importance of physical currency in India’s financial system, even as digital payments grow rapidly nationwide. Despite the increase in absolute cash levels, cash…
Abdullah Ansari
India-UK CETA Set for April 2026 Implementation, 99% Exports to Go Duty-Free
The India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to be implemented by April 2026, according to an Indian government official. The agreement is currently awaiting parliamentary ratification in the United Kingdom, while approval from the Union Cabinet is required in India. Once approved, both CETA and the Double Contributions Convention (DCC) will be…
India to Get Textile Exports Benefits From the USÂ
The Union Commerce Minister announced that India is likely to receive tariff benefits on textile exports, similar to those Bangladesh receives, under the United States’ trade agreement. Indian garment traders will be able to use American cotton once the deal is signed and will also enjoy zero tariffs from the US. Additionally, Piyush Goyal said…
Indian Refineries Skips Russian Oil For US Trade Deal
India’s refineries and trading sources said they are avoiding Russian crude oil purchases and have decided to stay away from such trades for the long term to help New Delhi secure a trade deal with the US. India and the US announce a framework for a deal, with finalisation expected by March, to reduce tariffs…
ABHYUDAYA MITTAL
India to Initiate FTA Talks With 6 Gulf CountriesÂ
India has begun negotiations for a free trade agreement (FTA) with the Gulf Cooperation Council (GCC), comprising six member nations. This agreement comes as India looks to strengthen trade ties with advanced countries. The GCC is the largest trading bloc with which India trades. India has signed the terms of reference (TOR) that describe the…
India-US Trade Pact, Russian Oil and Kremlin Reaction
India’s recently announced trade agreement with the United States has sparked international attention, particularly around its implications for India’s Russian oil imports and broader geopolitical ties. U.S. President Donald Trump said the pact would cut U.S. tariffs on Indian goods to 18% and include conditions under which India would halve or sharply reduce purchases of…
