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.
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.
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.
Coal India would open 60 new mines soon, the minister said.
History was made under the Doha lights as Neeraj Chopra finally broke the 90-meter barrier - a mark he had chased for years.
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.
Union Minister of Commerce and Textiles Piyush Goyal has stirred up a hornet's nest by taking on India Inc, specifically the Tata group, which is among the companies that lobbied against the Modi government's pro-consumer draft e-commerce policies. While Goyal's comments, made at a Confederation of Indian Industry (CII) event, were streamed live on YouTube, the industry lobbying body later edited the video and subsequently withdrew the entire speech. Goyal had said the Tata group and other Indian companies often lobbied for their interest, while ignoring national interest.
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.
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.
A government official said India and the US are exploring an interim trade deal within 90 days.
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.
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.
India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus penalty on domestic exports to America from August 1.
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.
Bihar's demand for electricity was assessed at 2,994 MW
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 Narendra Modi-led government has appointed Union Coal, Power and Renewable Energy Minister Piyush Goyal as the minister-in-waiting for United States President Barack Obama's three-day visit to India starting January 25.
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.
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.
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.
An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday.
Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.
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.
Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"
Dismissing allegations that Indian phacosrmaceutical companies copy products of Swiss firms, Commerce and Industry Minister Piyush Goyal on Tuesday said it is a long-standing myth and India respects intellectual property rights and never steals technology from others. He said that Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patents or copyrighted technology.
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.
The high point of the trip will be Goyal's meeting with US Trade Representative Robert Lighthizer on November 13, which is expected to see the USTR push India towards lower import duties in a broad range of areas.
'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
He added that the PM has asked to extend all help to eastern states to make them self-reliant in the power sector
Tharoor's recent remarks on Kerala's industrial growth sparked controversy within the Congress state unit.
Finding solutions to address non-tariff barriers would be important for the proposed free trade agreement (FTA) between India and the European Union (EU) and both sides are actively working on resolving these issues, Commerce and Industry Minister Piyush Goyal said on Thursday. He said the two sides are "pretty" close to finalising the talks for the proposed free trade pact.
'That combination of a rising economy, a growing middle class, and a deepening love of diamonds and jewellery is what we see really doubling the market for diamonds over the next five years.'
A week after the devastating Air India plane crash in Ahmedabad claimed 270 lives, investigators on Thursday continued to sift for clues to ascertain the cause, while the government said the Aircraft Accident Investigation Bureau will decide where to decode the black box of the ill-fated Dreamliner.
According to CAIT, e-commerce policy should take within its ambit not only foreign players but also domestic ones.
Speaking at the banquet she hosted in President Dissanayake's honour, President Murmu said Sri Lanka is an important part of India's 'Neighbourhood First' policy and New Delhi would continue to support Colombo's efforts for economic development.
India and the US are likely to agree on an interim trade agreement before July 8 with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods, an official said. The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days till July 9.
Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional 'bahi-khata', to carry the Union Budget papers.
