Page 3 - Uk

India, UK to work on recognition of professional degrees to ease movement

India and the UK have agreed to negotiate mutual recognition agreements (MRAs) after implementing the trade deal, as these pacts are important for facilitating the movement of professionals such as nurses, accountants and architects to Britain, an official said. The India-UK trade agreement was signed on Thursday and it may take about a year for its implementation as it requires approval of the British parliament. "It has been agreed that both countries will engage on mutual recognition of qualifications because in certain professional services, recognition of qualifications is an essential requirement like nurses, architects, accountants, and dentists. Within a period of 36 months, we will try to enter intoAs with the UK," a commerce ministry official said. MRAs in professional services are voluntary pacts between competent authorities of respective nations. These confer recognition of certain licensing or qualification requirements obtained in the jurisdiction of other ...

India fails to secure exemption from UK carbon tax in trade deal: GTRI

India was unable to secure an exemption from the UK's carbon tax in the free trade agreement, signed on Thursday, a move that will impact India's carbon-intensive exports to Britain, think tank GTRI said on Friday. The UK government in December 2023 decided to implement its Carbon Border Adjustment Mechanism (CBAM) starting 2027. By not securing a carve-out or exemption clause on CBAM (carbon border adjustment mechanism), India lost a vital opportunity to protect its carbon-intensive exports, the Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said. "From January 2027, the UK can impose carbon taxes on Indian steel and aluminum, even as we grant UK goods duty-free access. That's a serious asymmetry. Expect the same treatment in India's trade agreement with the EU," he said. The GTRI in May stated that India's exports worth USD 775 million to the UK may be impacted due to Britain's decision to introduce a carbon tax on products such as iron and steel, aluminium, ...

India-UK FTA may restrict India's use of compulsory licensing: GTRI

India has accepted language in the intellectual property chapter of the free trade agreement with the UK that subtly curtails its ability to issue compulsory licences, a critical tool for accessing life-saving technologies during emergencies, think tank GTRI said on Thursday. It also said that India has agreed to "adequate remuneration" norms for compulsory licensing for the pharma sector in the agreement with the UK, thus risking delays in future access to affordable medicines and green tech. The Global Trade Research Initiative (GTRI) said that in "a significant concession, India has accepted language in the Intellectual Property (IP) chapter of the agreement that subtly curtails its ability to issue compulsory licenses (CL), a critical tool for accessing life-saving technologies during emergencies". "For the first time" in any trade agreement, India has explicitly agreed to wording that stresses the need for 'adequate remuneration' to patent holders, GTRI founder Ajay Srivastava

India-UK FTA to cut spirit duties, but price drop may be limited: Experts

The India-UK free trade agreement will reduce duties on imported spirits, making premium international options more accessible to Indian consumers, according to industry players, but experts cautioned that the benefits may be limited as the maximum price reduction could be only up to Rs 300 per bottle. As per the FTA signed in London between the two governments, India is reducing duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the deal. "Whisky producers will benefit from tariffs slashed in half, reduced immediately from 150 per cent to 75 per cent and then dropped even further to 40 per cent over the next ten years - giving the UK an advantage over international competitors in reaching the Indian market," as per an official statement of the UK government. Reacting to the development, the International Spirits and Wines Association of India (ISWAI), which represents premium alcoholic beverage companies in India (mostly MNCs)

Indo-UK deal to give Indian market access at lower tariff, says JLR

Jaguar Land Rover on Thursday said the India-UK free trade agreement would help the marquee automaker to access lower tariffs in India for its luxury models. Under the India-UK FTA, India will reduce tariffs on automotive imports from about 110 per cent to 10 per cent under quotas on both sides, benefiting companies such as Jaguar Land Rover (JLR). "We welcome this free trade agreement between the UK and India, which over time will deliver reduced tariff access to the Indian car market for JLR's luxury vehicles," a company spokesperson said in a statement. India is an important market for the company's British-built products and represents significant future growth opportunities, the spokesperson added. In a separate query regarding a change in pricing of imported products into the Indian market, a UK-based spokesperson said: "No decisions have been made on pricing." Around 60 per cent of the cars JLR sells in India, including popular models in the Range Rover portfolio Range Rov

PM Modi begins 2-day visit to Britain; to witness signing of India-UK FTA

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

610 antiquities retrieved from six countries in five years, says govt

A total of 610 antiquities were retrieved from the US, the UK and four other countries over the last five years, the government informed Parliament on Monday. Union Culture Minister Gajendra Singh Shekhawat shared this information in a written reply to a question on whether the government has conducted any survey or study regarding theft of Indian artefacts in the last five years; and details of the total number of artefacts recovered, still missing and unaccounted for over the same period. The Archaeological Survey of India (ASI) maintains up-to-date data of theft cases in respect of protected monuments, sites and museums under its jurisdiction, he said. On retrieval of antiquities from abroad, according to the data shared by him, in 2020, three artefacts were brought back from Australia and five from the UK. In 2021, 157 antiquities were brought back from the US and one each from Canada and the UK. In 2023 and 2024, the figures stood at 105 (the US) and 297 (the US) ...

Iran may hold nuclear talks with UK, France, Germany next week: Report

The three European countries, along with China and Russia, are the remaining parties to a 2015 nuclear deal reached with Iran - from which the United States withdrew in 2018

UK lifts 5-year ban on Pak's national carrier PIA ahead of privatisation

The UK imposed a ban on PIA in 2020 after one of its aircraft crashed into a Karachi street, resulting in the death of nearly 100 people

UK aviation regulator backs Boeing, says no safety concerns found

UK Civil Aviation Authority echoes FAA, says Boeing aircraft pose no safety risk as India and South Korea mandate inspections after AI171 crash findings

UK and France order more cruise missiles, pledge nuclear cooperation

The announcement made during a state visit to the UK by Macron is part of an attempt by both leaders to signal their commitment to Europe's sovereign defense capabilities amid the threat from Russia

UK court convicts 3 men in Russia-linked arson plot targeting Ukraine aid

A British jury convicted three men on Tuesday of arson in an attack on an east London warehouse that was storing equipment destined for Ukraine. Authorities said Russian intelligence was behind the plot. Prosecutors said the March 20, 2024, attack was planned by agents of Russia's Wagner mercenary group, acting on behalf of Russian military intelligence. The British government has deemed Wagner a terrorist organisation. The prosecution said Wagner used British intermediaries to recruit the men to target an industrial unit in Leyton, east London, where generators and StarLink satellite equipment bound for Ukraine were being stored. The StarLinks are frequently used by Ukraine's military in fending off Russia's invasion. Authorities said the arson was part of a campaign of disruption across Europe that Western officials blame on Moscow and its proxies. A jury at London's Central Criminal Court found Jakeem Rose, 23; Ugnius Asmena, 20; and Nii Mensah, 23 guilty of aggravated arson. A

UP govt to hold roadshows in US, UK and Europe to attract investments

The Uttar Pradesh government will hold roadshows and business round-tables across the US, UK, and Europe to attract companies seeking to diversify their supply chains away from China. As part of invest-UP initiative, these efforts are expected to position the state as a strong and reliable alternative for international investors, a press statement said on Friday. Meetings will be held in key global cities, including New York, San Francisco, Los Angeles, London, Paris, Frankfurt, Milan, Amsterdam, and Birmingham. These events are being organised in collaboration with Indian embassies and industry bodies, the statement said. In the US, dialogues will be held with companies such as Google, Amazon Web Services, Microsoft Azure, Oracle and others, it said. Chief Secretary Manoj Kumar Singh emphasised that UP is not just inviting investment, but building sustainable, employment-driven value chains. The state's 33-plus sector-specific policies, streamlined approvals, and digital ...

Stranded F-35 jet in Kerala may be dismantled, airlifted to UK soon: Report

The UK Navy's F-35 jet made an emergency landing in Kerala on June 14 after failing to return to aircraft carrier HMS Prince of Wales due to rough weather during a sortie in the Arabian Sea

India may soon have social security agreement with UK under free trade pact

India may soon have a social security pact with the UK as an in-built component of the free trade agreement (FTA) which has been finalised between the two countries, a source said on Wednesday. The source said that from now onwards, the social security agreement (SSA) will be an in-built component of all free trade agreements to be negotiated in future. "UK is believed to have agreed on the social security component under the FTA negotiations, which would be ratified in the near future," the source said. The SSA, a reciprocal arrangement between two or more countries, ensures that an employee while on a foreign assignment does not have to contribute to the social security coverage fund in that country but get the full benefit of employment period for pension calculation, while the employers are saved from making double social security contributions on behalf of their workers. The Indian employees posted abroad or on foreign assignment are required to obtain a certificate of coverag

Tata Steel on track for green transition in UK, Netherlands: Chandrasekaran

Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasekaran said. In the UK, the company has progressed toward low-emission steelmaking with the decommissioning of two blast furnaces at Port Talbot, paving the way to transition to state-of-the-art Electric Arc Furnace-based steelmaking by fiscal 2028, supported by 500 million pounds of UK government funding. In the Netherlands, the company is in discussions with the Dutch government for financial and policy-level support on our decarbonisation plan. Tata Steel has also launched a cost transformation programme, targeting savings of 500 million

Makaibari brand owner Luxmi Group buys majority stake in UK's Brew Tea Co

Kolkata-based Luxmi Group, which owns the iconic Makaibari Darjeeling brand, on Tuesday announced that it has acquired a majority stake in UK-based Brew Tea Co, a fast-growing firm which focuses on whole-leaf teas and is known for ethical sourcing and its innovative direct-to-consumer model. Founded in Manchester by Phil and Aideen Kirby, Brew Tea Co has grown into one of the UK's leading specialty tea brands. Its subscription service, delivering 500 g of loose leaf or proper tea bags on a regular basis, now reaches nearly 10,000 homes across the UK, a statement by Luxmi Group said. Co-founders Phil and Aideen Kirby will retain a 20 per cent stake and will continue to lead Brew Tea Co as part of the partnership. "Their vision, hands-on leadership, and deep focus on quality remain central to Brew Tea's growing success," the statement said. "We're excited that with Luxmi, we can now take that same customer promise even further, with even better access to exceptional teas," the ...

Heatwaves grip Europe: Red alerts, wildfires, Eiffel Tower closed

Spain sees hottest June in a century; more than 50,000 people evacuated amid wildfires in Turkiye and the Balkans

Starmer faces down revolt over welfare reform after first year in office

British Prime Minister Keir Starmer marks a year in office this week, fighting a rebellion from his own party over welfare reform and reckoning with a sluggish economy and rock-bottom approval ratings. It's a long way from the landslide election victory he won on July 4, 2024, when Starmer's center-left Labour Party took 412 of the 650 seats in the House of Commons to end 14 years of Conservative government. In the last 12 months Starmer has navigated the rapids of a turbulent world, winning praise for rallying international support for Ukraine and persuading US President Donald Trump to sign a trade deal easing tariffs on UK goods. But at home his agenda has run onto the rocks as he struggles to convince British voters and his own party that his government is delivering the change that it promised. Inflation remains stubbornly high and economic growth low, frustrating efforts to ease the cost of living. Starmer's personal approval ratings are approaching those of Conservative Pr

UK’s $110-million fighter jet stuck in Kerala: What grounded the F-35B for two weeks?

A British Royal Navy F-35B stealth fighter jet has been stranded at Kerala’s Thiruvananthapuram Airport for nearly two weeks. What caused the jet to stay grounded? What happens next? Here’s a detailed