Economy News ( English version)

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  • First round of Free Trade Agreement talks between India, New Zealand concludes May 9, 2025
    India and New Zealand are currently engaged in discussions for a potential Free Trade Agreement. These talks aim to enhance trade and investment between the two nations. Negotiations resumed in March 2025 after a decade-long pause. The FTA seeks to unlock new opportunities for businesses and consumers. Disparities in tariff structures and demands for dairy m […]
  • India slaps anti-dumping duty on some Chinese, Vietnamese solar glass for 5 years May 9, 2025
    India will impose anti-dumping duty on specific solar glass. The glass is imported from China and Vietnam. The duty could reach USD 664 per tonne. This action aims to protect Indian manufacturers. The Directorate General of Trade Remedies investigated the matter. Borosil Renewables Ltd filed the original complaint. The duty will be valid for five years, star […]
  • India offers to slash tariff gap by two-thirds in dash to seal trade pact with Trump May 9, 2025
    India has proposed reducing its tariff gap with the U.S. to under 4% from nearly 13% in exchange for exemption from U.S. tariffs. This offer includes zero duties on 60% of tariff lines initially and preferential access to nearly 90% of U.S. goods. India seeks preferential market access for key sectors and parity with U.S. allies in critical technologies. […]
  • Govt sets record foodgrains production target for 2025-26 crop year at 354.64 million tn May 9, 2025
    India aims for a significant increase in foodgrain production, targeting 354.64 million tonnes in the 2025-26 crop year, driven by anticipated favorable monsoon rains. This ambitious goal surpasses the current year's target of 341.55 million tonnes. Rice production is projected to reach 147.35 million tonnes, while wheat production is set at 117.40 mill […]
  • India UK FTA paves way for similar agreements with countries like USA, EU: Bank of Baroda May 9, 2025
    The recently concluded Free Trade Agreement between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a report by Bank of Baroda.

 

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