India Falls to Third Place in Russian Crude Oil Imports
India’s imports of Russian crude oil have dropped since the implementation of the price cap policy, with a significant 29 per cent month-on-month decline, but they are making a strong comeback in January this year. Centre for Research on Energy and Clean Air (CREA) reported that the deterioration occurred despite total imports growing marginally. The…
Himanshu
Piyush Goyal Invites Liechtenstein to Invest in India
Commerce and Industry Minister Piyush Goyal invited European companies from Liechtenstein to invest in India and leverage the India-European Free Trade Association (EFTA) to expand their presence. Piyush Goyal, on an official visit to Liechtenstein, emphasised India’s scale, reform momentum, and expanding consumer market, supported by a strong industrial base and a sustained focus on…
India and New Zealand FTA to Increase Exports & Jobs
India and New Zealand have concluded a Free Trade Agreement, which is expected to take effect in seven to eight months. New Zealand Prime Minister Christopher Luxon said that this pact with India will enhance exports and pave the way for farmers, growers, and businesses. The Free Trade Agreement between the two countries will promote…
Seetu kumar
Duty-free Access for India’s Exports to Australia in 2026
In the coming year, Australia is set to provide duty-free access to all Indian exporters under the India-Australia Economic Cooperation and Trade Agreement (ECTA), announced by Commerce and Industry Minister Piyush Goyal on Monday. “From Jan 1, 2026, 100% of Australian tariff lines will be zero-duty for Indian exports, unlocking fresh opportunities for labour-intensive sectors,”…
India and New Zealand Finalise Free Trade Agreement
India and New Zealand concluded a free trade agreement to strengthen economic ties and aim to double bilateral trade over the next five years. This free trade agreement (FTA) is the third agreement of this year, following those with the UK and Oman. It will give India tariff-free access to the Island nation markets. This…
Shipra Prajapati
India’s Export Bounced Back on Supply Chain Adjustments
India’s exports to the US rebounded in November, driven by supply chain changes and pre-holiday restocking after two months of decline, according to the Global Trade Research Initiative (GTRI). Despite the US imposing a 50 per cent tariff on Indian goods since August, the recovery came. GTRI said the recovery followed a significant decline in…
ABHYUDAYA MITTAL
India Likely to See 7% GDP Growth in Fiscal Year 2026
The Indian economy is most likely to grow by 7 per cent in the current fiscal year, slightly above the 6.6 per cent projected by the IMF in October, said Gita Gopinath, former chief economist at the Washington-based International Monetary Fund (IMF). Gita Gopinath stated that the IMF projection did not see India’s strong 8.2…
India’s Export Rise in November Despite the US Tariffs
India has defied the odds against US tariffs and emerged as the largest exporter, with $38.1 billion in November, resulting in a five-month low trade deficit. This has increased overall by 19.4%, driven by growth in China and the US, where the main shipments were of electronics and engineering goods. The trade deficit has reached…
Putin Signs Law to Ratify Military Pact With India
Russian President Vladimir Putin has signed a law ratifying the intergovernmental agreement between Russia and India. This agreement drafts the procedures for deploying military formations, warships, and aircraft between the two countries’ territories. The Reciprocal Exchange of Logistics Agreement (RELOS) was published on the Russian legal acts website. This law aims to establish a framework…
India to Expand its Economy to $16 Trillion by 2042
India is set to enter a crucial phase of economic expansion. This period could redefine long-term wealth creation. The insight comes from Motilal Oswal Financial Services’ 30th Wealth Creation Study, which highlights a significant acceleration in the country’s economic growth and consumption patterns over the next 17 years. A wealth-creation study outlines a parallel with…
