India is seeking significant duty cuts in a large swathe of its exports to South Korea as it launches into a review of its free trade agreement with the Asian economic powerhouse.
India’s aim to clock bilateral trade of $100 billion with Russia by 2030 seems achievable, think tank Global Trade Research Initiative (GTRI) said Thursday, adding that increasing exports, making local currency trading workable and a free trade agreement with the Eurasian Economic Union will help boost trade.
India, Indonesia and Australia on Tuesday reaffirmed their commitment to work towards a free, open and rules-based Indo-Pacific. The overall situation in the Indo-Pacific came up for review at a 'focal points' meeting of the India-Indonesia-Australia trilateral dialogue.
Despite initial doubts, the India-Middle East-Europe Economic Corridor (IMEC) has survived and thrived since the initial MoU was signed in September 2023.
India is likely to soon be able to sign the clean economy and fair economy agreements under the US-led Indo Pacific Economic Framework for Prosperity (IPEF) as the Cabinet notes on the pacts are in an advanced stage of finalisation, official sources have said.
Coca-Cola India, in partnership with Gram Unnati, has initiated 'Project Mango Unnati' to advance sustainable mango farming in Karnataka, focusing on Alphonso and Totapuri mango varieties.
Union Commerce and Industry Minister Piyush Goyal held a meeting with Italian Deputy PM Antonio Tajon the sidelines of the G7 Trade Ministers' Meeting in Italy.
The International Monetary Fund (IMF) Tuesday raised India's FY25 growth projection to 7% from 6.8% forecast in April, retaining the country's fastest-growing economy tag. The latest upgrade reflects carryover from upward revisions in 2023 and takes into account improved prospects for private consumption, particularly in rural areas.