India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.
'When negotiators meet next, they may like to bring new issues to the table.'
The decision to hike US H-1B visa application fee to $100,000, trade talks and the GST rate cut will be the key drivers for stock market movement this week, analysts said.
Prime Minister Narendra Modi and (the then) UK Prime Minister Boris Johnson launched an 'Enhanced Trade Partnership' (ETP) to unleash the trade potential between the two economies. As part of the ETP, they agreed on a roadmap to negotiate a comprehensive and balanced FTA.
Trump said California has been particularly "hard hit" because of this, blaming democrat Gavin Newsom, the Governor of California, for this loss, calling him "weak and incompetent."
'A deal will only be possible if India stops buying Russian oil -- but even then, New Delhi must not compromise its core red lines.'
From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.
Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.
Tesla is set to officially enter the Indian market with the launch of its first experience center in Mumbai. The move follows leasing of warehousing space and discussions with the Indian government regarding tariffs and manufacturing.
Posting photos on Twitter, Piyush Goyal wrote, "Envisaging an enriched passenger experience with complete integration of different modes of transport, take a look at the future of New Delhi Railway Station."
Power Minister Piyush Goyal on the government's manufacturing push and other key issues.
The state has clocked more than 8 per cent growth in the last three financial years, braving global headwinds and thriving on its manufacturing strength
History was made under the Doha lights as Neeraj Chopra finally broke the 90-meter barrier - a mark he had chased for years.
A government official said India and the US are exploring an interim trade deal within 90 days.
Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.
One of the key attractions of the park, which houses a wide array of plant, animal and bird species besides ancient caves, the revamped toy train is set to provide an elating and exciting experience to visitors, especially children.
The Jan Vishwas (Amendment of Provisions) Bill 2025, aimed at decriminalizing minor offenses to promote ease of living and business, was introduced in the Lok Sabha and referred to a Select Committee.
In the hottest sector of AI, where most global VC funding is going currently, the country's record has not been anything to write home about.
Rubio voiced "appreciation" for New Delhi's continued engagement on bilateral issues, including trade, defence and energy.
Union Minister Nityanand Rai launched a scathing attack on Congress, stating that the party takes "pleasure" in insulting Bihar and its people.
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
The comments came a day after US President Donald Trump said that Washington is "very close" to the trade pact with India.
India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to $120 billion by 2030.
'Even if tariffs are reduced, non-tariff may still remain a challenge.'
They presented a letter urging him to look into the violation and preserve the product, which is a symbol of the state's cultural heritage.
Also, as part of the IDY celebrations, entry to all ASI sites will be "free of cost" for the public on June 21, the ministry of culture said in a statement on Friday.
Prime Minister Narendra Modi and his British counterpart Keir Starmer discussed the need to prevent the misuse of democratic freedoms by extremist ideologies. They also addressed terrorism and trade ties.
Manuscripts of Bhagavad Gita and Bharat Muni's Natyashastra have been added to UNESCO's Memory of the World Register, joining 74 other new documentary heritage collections from 72 countries and four international organizations. Prime Minister Narendra Modi lauded the inclusion, describing it as a "proud moment for every Indian across the world." He highlighted the Gita and Natyashastra's contributions to civilization and consciousness, emphasizing their continued inspiration. Union Culture Minister Gajendra Singh Shekhawat also celebrated the recognition, emphasizing the historical significance for India's civilizational heritage. These additions bring the total number of inscribed collections on the UNESCO Memory of the World Register to 570, with India now having 14 inscriptions.
Shetty, who won the Mumbai North Lok Sabha seat by margins of more than four lakh in 2014 and 2019, was denied a ticket in the 2024 general elections.
Rajiv Pratap Rudy secured another term as Secretary (Administration) of the Constitution Club of India, defeating Sanjeev Balyan in a closely watched election that saw participation from prominent political figures.
India would neither succumb to the Americans on issues of national security, such as its defence ties with Russia, nor cede ground on its domestic interests in the agriculture and dairy sectors.
India's decision to reserve its rights to impose retaliatory duties on the US over imposition of tariffs on auto parts is a procedural move under the WTO agreement on safeguards and it will not affect ongoing negotiations on the proposed trade pact between the two countries, an official said. India on Friday proposed imposing retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on imports of the country's auto parts in the name of safeguard measures.
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.
The country's goods and services exports have crossed $820 billion in 2024-25, marking a nearly 6 per cent increase over the previous fiscal year despite global economic uncertainties, the commerce ministry said on Wednesday. The exports stood at $778 billion in 2023-24.
Making the announcement, the Ministry of External Affairs said on Tuesday that India will hold the G20 presidency from December 1, 2022, and will convene the G20 leaders' summit in 2023 for the first time.
Governments make budgets to retain and consolidate their hold on power, not to please opponents or economists. They do so by trying to gratify as many as possible without causing harm to the others, says Shreekant Sambrani.
When asked about a social media campaign to boycott Indian products in the wake of the row, the minister said he has not heard of any such thing.
Glimpses from India and around the world that will make you smile and cry.
Starting August 1, 2025, all consular services, including passport, visa, OCI, surrender certificate, life certificate, birth/marriage certificate, police clearance, attestations, and more, will be provided exclusively through VFS Global Centres.
Two officers have been suspended and a constable transferred. But the false case slapped by the RPF against Rediff.com Reporter Anita Aikara has not yet been withdrawn.
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