Economy News ( English version)

India's services sector experienced its strongest expansion in ten months during June, driven by strong demand and easing price pressures. The HSBC India Services PMI reached 60.4, fueled by new business and robust export orders, particularly from Asian, Middle Eastern, and U.S. markets. While job creation continued, the business outlook for the coming […]

US-China trade deal: China is increasingly worried about U.S. efforts to forge trade deals with Asian and European partners that could isolate Chinese firms from global supply chains. The U.S. is pushing for agreements with restrictions on Chinese content and commitments to counter China's trade practices.

A new US-Vietnam trade agreement, imposing a flat 20% tariff on Vietnamese exports, raises concerns for India, according to a GTRI report. This deal, reversing previous concessions, serves as a cautionary tale for Indian negotiators as they finalize their own trade agreement with the US. The report highlights risks of blanket tariffs and unclear origin rules […]

Prime Minister Narendra Modi's visit to Accra marked a significant milestone as India and Ghana elevated their relationship to a Comprehensive Partnership. The two nations aim to double bilateral trade in five years, with Indian companies already investing substantially in Ghana. Agreements were signed to boost cultural exchange, standardization, and tr […]

The United States considers India a vital partner in the Indo-Pacific. Both nations are engaged in discussions for a bilateral trade agreement. The US aims for fair and reciprocal trade relations. Talks are ongoing, with a deadline approaching soon. Donald Trump anticipates a trade deal with reduced tariffs. India is taking a firm stance on agricultural issu […]