Page 3 - Trade Deal

Indo-UK FTA to boost 'Make in India', double trade by 2030: TVS Motor

The signing of the India-UK Free Trade Agreement is poised to open new global frontiers for Indian manufacturing under the Government of India's flagship 'Make in India' initiative, a top official of two and three wheeler maker TVS Motor Company said on Thursday. The FTA is also a significant step forward in realising the Prime Minister Narendra Modi's vision of 'Viksit Bharat'. TVS Motor believes the India-UK FTA would create immense opportunities for Indian companies to expand their global footprint while showcasing the country's innovation and engineering excellence on a larger platform. The landmark agreement is expected to double bilateral trade from the USD 60 billion to USD 120 billion by 2030, TVS Motor said. The Chennai-based company's Managing Director Sudarshan Venu in a release here, said, "We are deeply inspired by Prime Minister Narendra Modi's vision of Viksit Bharat and his unwavering commitment to making India a global manufacturing and design powerhouse." "The ..

India, UK to ink FTA today: Trade, defence, energy on Modi-Starmer agenda

The Free Trade Agreement is being described as India's most comprehensive trade pact ever and the UK's most significant since Brexit

India, UK likely to sign FTA today; business heavyweights converge

The signing is scheduled to take place at Chequers, the British prime minister's countryside retreat in the Chiltern Hills of Buckinghamshire

EU, US near trade deal to avoid 30% tariffs, settle at 15% rate instead

The rate, which could also extend to cars, would mirror the framework agreement the United States struck with Japan

India ratifies trade deal with EFTA, eyes boost in exports, investment

India on Tuesday submitted the ratification document of the free trade agreement with the four-European nation bloc EFTA to Norway. The pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), will be implemented from October 1, Commerce and Industry Minister Piyush Goyal has said on Saturday. "India deposited the Instrument of Ratification of the TEPA between India and EFTA today at the Ministry of Foreign Affairs of Norway, which is the depository entity of TEPA," according to a post by the Indian Embassy in Norway on X. The two sides signed the agreement on March 10, 2024. Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products, such as Swiss watches, chocolates, and cut and polished diamonds, at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.

Donald Trump makes China great again as it grows bolder with India

Assumptions about US' decline are making China bolder and more overbearing in its approach towards India

Trade agreement between India, four-nation EFTA to kick in from Oct

Deal with European bloc was signed in March 2024; it's projected to get India $100 bn foreign direct investment

India clears air of uncertainty, signals trade deal talks with US still on

Negotiators to head to Washington again to seal a pact before August 1

India in talks to finalise trade deal with US, says chief negotiator

India is trying to negotiate and finalize a trade agreement with the US, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. Agrawal is also the chief negotiator of the proposed India-US bilateral trade agreement. The aim is to conclude the first phase of this pact by fall (September-October) of this year. Before that, the two countries are looking to finalise an interim trade agreement. Agrawal said that India has so far implemented more than 14 Free Trade Agreements (FTAs) with 26 countries. "Now we are integrating with major markets also... we just concluded an agreement with the UK, we are in an advanced stage of negotiations with the European Union, we are trying to negotiate and finalize a deal with the USA," he said here at an event on export logistics. India, he said, is also negotiating trade pacts with Latin American countries including Chile and Peru. "We have done (trade pact) with Australia and UAE. We are in negotiations with New Zealand

'Very big' trade deal coming, maybe with India, says Donald Trump

The ongoing in-person round of talks between New Delhi and Washington is crucial, considering that the end of the 90-day pause on the US's plan to impose country-specific reciprocal tariffs on July 9

India 'not desperate' to seal early tranche of trade deal with US

Prime minister Narendra Modi and President Trump in February had agreed to sign a mutually beneficial bilateral trade agreement (BTA)

India, US trying to finalise interim trade deal before Jul 9: Sources

India and the US are engaged in negotiations for an interim trade deal and are trying to finalise the pact before July 9, sources said on Monday. The high tariffs announced by the US on April 2 were suspended by the Trump administration till July 9. The US, on April 2, imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days. However, the 10 per cent baseline tariff imposed by America remains in place. India is seeking full exemption from the additional 26 per cent tariff. "We are very keen, we are engaged, we are trying. Both sides are trying, but both sides have to be happy," sources said when asked if the two countries are keen to finalise an interim trade agreement by July 9. There are always certain areas which are difficult in a trade agreement, they added. Agriculture and dairy sectors are "difficult and challenging areas for India. And India has not opened up dairy in any of its free trade pacts," one of the sources said. The US wan

Rare earth, tariffs and geopolitics: Centre walks tightrope on trade deal

Supply-chain disruptions related to rare earth magnets from China are another cause of geopolitical anxiety for the government at this point

Stock Market close highlights: Sensex, Nifty settle higher; IT, OMC stocks rally; Bank, FMCG drag

Sensex Today | Stock Market close, Wednesday, June 11, 2025: HCL Tech, Infosys, Tech Mahindra, Bajaj Finserv and Reliance Industries were the top Sensex gainers

India-US trade deal likely in not-too-distant future: Commerce Secy Lutnick

Lutnick also suggested that India is likely to get more favourable terms from being one of the first pacts agreed

'Early tranche' of trade deal between India, US may be sealed soon

First phase might include a tariff reduction and focus on the priority non-tariff barriers faced by exporters

Trade talks: India to push US to lift non-tariff curbs for goods exporters

The official said industry has raised regulatory hurdles and high cost of certification among other issues in the US as primary obstacles to increasing exports to the US

Why the latest US-UK trade deal has set off alarm bells in Beijing

Beijing warns against deals that risk sidelining Chinese industries, as London walks a tightrope between Washington and Beijing

Trade discussions proceed undisturbed by India-Pakistan hostilities

The UK-US trade pact is significant because it is the first deal after President Trump imposed reciprocal tariffs in the beginning of last month

Indian team to visit Washington to advance trade agreement with US

India and the US will hold further talks this month in Washington to finalise an early tranche of the bilateral trade agreement, aiming for mutual tariff concessions