From protectionism to liberalisation - it sets a new template for India's future FTAs
FTA phases in tariff cuts for UK car exports, but strict quotas and EV exclusions mean limited gains for British automakers in India's protected market
India, UK sign FTA: Automotive tariffs to be halved over 10 years; luxury brands and domestic OEMs alike stand to benefit as India deepens global trade ties
In the past one month, Torrent Pharmaceuticals has outperformed the market by surging 12%, as compared to 1.4% decline in the BSE Sensex and 4% rise in the BSE Healthcare index.
Globus Spirits share price hit a nine-month high of ₹1,275 today, surging 6 per cent on the BSE in Friday's intraday trade. Find out why the liquor stock is rising on India-UK FTA deal
India-UK trade deal secures short-term visa access for Indian professionals, offering more clarity for those working in or planning to move to the UK
It's a win win for both sides with a balanced outcome after a very long and hard negotiation, says Mittal
Comprehensive trade deal signed, allowing duty-free entry to 99% of Indian exports
The India-UK Free Trade Agreement (FTA) is expected to lower tariffs, making high-end luxury cars and bikes more affordable. Brands like JLR, McLaren, and Triumph stand to benefit
India and the UK agree on joint efforts to tackle corruption, economic crime, and illegal migration, while exploring new opportunities for trade and defence collaboration
The India-UK free trade agreement is expected to significantly boost India's textile and footwear exports, unlocking Rs 7,000 crore in additional business and accelerating growth in the sector
PM Modi said that the Free Trade Agreement (FTA) with the UK will especially benefit Indian youth, farmers, fishermen and MSME sector
Besides a "significant and comprehensive" Free Trade Agreement (FTA) to be signed between Prime Ministers Narendra Modi and Keir Starmer, an ambitious new UK-India Vision 2035 agreement will also be agreed between the leaders on Thursday to mark a "step-change" in bilateral ties for the next decade, UK Foreign Secretary David Lammy has said. In an interview with PTI to coincide with Modi's visit to the UK, the senior UK Cabinet minister said the pact will build on the FTA to unlock new opportunities that strengthen defence cooperation and drive innovation between both economies. Lammy said the UK is thrilled that Prime Minister Modi is visiting to sign the FTA, the most significant bilateral trade deal for Britain since leaving the European Union (EU) and the most comprehensive agreement India has ever signed. The UK-India Free Trade Agreement (FTA) will naturally be a central focus, a testament to the strength of our partnership, said Lammy. It's projected to boost bilateral trade
Prime Minister Narendra Modi on Wednesday kick-started his two-day visit to the UK to expand the bilateral ties in areas of defence, trade and technology, with the formalisation of the landmark India-UK free trade deal set to be a major outcome of his trip. The Prime Minister was received at the airport by UK Foreign Office Minister in charge of the Indo-Pacific Catherine West along with Indian High Commissioner to the UK Vikram Dorsaiswami and British High Commissioner to New Delhi Lindy Cameron. Modi will hold wide-ranging talks with his British counterpart Keir Starmer on Thursday that is expected to focus on imparting a new momentum in the strategic ties between the two countries. Starmer is set to host Modi for the talks at Chequers, the official country residence of the British prime minister that is located 50 km northwest of London. Modi was greeted by cheering groups of community leaders, students and parliamentarians gathered in anticipation on the outskirts of London. Th
Textile shares outlook: Analysts expect the Indian textile sector to benefit if India manages to sign a favourable trade deal with the US.
The Free Trade Agreement (FTA) negotiations concluded with India places the UK at a genuine competitive advantage in the manufacturing sector, the House of Commons was told this week. During a debate on the bilateral FTA agreed last month, UK Business and Trade Secretary Jonathan Reynolds fielded a series of questions on the advantages of the deal which has been pegged to increase bilateral trade by GBP 25.5 billion annually in the long term. Reynolds reiterated that the pact marked a huge economic win for the UK as the best deal that India has ever offered. On advanced manufacturing a set of advantageous positions has been agreed, putting this country at a genuine competitive advantage, particularly in relation to sectors such as automotive and machinery, said Reynolds, in response to a question by British Sikh Labour MP for Smethwick, West Midlands, Gurinder Singh Josan. India is traditionally a very protectionist economy, and it is the world's fastest growing big economy. Whethe
British Airways, which has been flying to India for more than 100 years, will look to further expand routes and frequency of flights as well as tap the cargo opportunities from the India-UK free trade agreement, the airline's Chairman and CEO, Sean Doyle has said. Currently, the airline operates 56 flights a week from five Indian cities, including three-weekly flights from Mumbai, double daily services from Delhi. It also has daily flight from Chennai, Bengaluru and Hyderabad. In an exclusive interview to PTI, Doyle said India is a "very, very important" market for British Airways and hopes to continue with expansion in the future in terms of both routes and flight frequencies. From October this year, the airline is set to re-introduce first class seats in one of the flights in the Mumbai-London Heathrow route, after a gap of nearly five years. "I think we want to be part of the growth of aviation in India. We have been part of it for 100 years... about 2,500 people work for Britis
The management said there is a considerable amount of effort required to improve the margins further over the next few years as the company continue to consolidate and grow the business
Duties on UK-made whisky and gin will drop from 150% to 75%, and then to 40% over 10 years under India-UK Free Trade Agreement; Diageo to pass on savings
India's apparel and home textiles shipments to the UK attract an 8-12 per cent import duty, that would be scrapped under the FTA expected to come into force in calendar year 2026