"Unless we look at internationalizing our economy, unless we look at our global engagement, unless we look at international trade in a big way, unless we open our mind and our heart and our businesses to world competition, India cannot become a developed nation," Goyal remarked.
The market participants in the upcoming week starting from Monday will react to the foreign institutional investment flow, currency movement, speculation regarding U.S. tariffs and their impact on global trade and key domestic data.
India's fisheries sector has witnessed significant growth and transformation over the past two decades, the Ministry of Fisheries, Animal Husbandry and Dairying said in a release on Saturday.
India is considering reducing tariffs on more than 30 items and increasing its purchases of US defence and energy products to prevent higher reciprocal tariffs from the United States, according to a report by Nomura
India's economy is expected to remain resilient despite global trade uncertainties and shifting monetary policies. Larger economies like China, India, and the US tend to be less reliant on external trade, making them relatively insulated from the economic risks associated with tariff wars
UAE Minister Thani bin Ahmed Al Zeyoudi highlights the role of AI and advanced technologies in transforming global trade at the Plug and Play Middle East Summit, showcasing how the UAE is leading in implementing tech-driven solutions for smarter, faster trade.
India should leverage evolving global trade dynamics, such as greater protectionism, to accelerate its growth and enhance its presence in global trade, said the Economic Survey 2025, tabled in the parliament on Friday.
US President Donald Trump warned BRICS nations against moving away from the US dollar, stating that any attempt to introduce a new currency would result in 100% tariffs on trade with the United States. His remarks reaffirm the administration's stance on preserving dollar dominance in glob
"We have dedicated these two days to discussing the best way forward for our trade and investment to reach a new height. It has been an open, informative and forward-looking conversation. Now we can say that we have better understanding of both our ambitions and sensitivities and no doubt
In a post on X, Goyal added, "Engaged in productive discussions, reviewing bilateral trade ties and the progress of the India-EU FTA, and the Trade and Technology Council (TTC). Also deliberated on the global trade situation. Looking forward to working towards a fair, balanced, and equitable
Nishant Gupta, Managing Director and Partner at BCG India, highlighted India's growing appeal as a global manufacturing hub, stating, "India is poised to redefine its role in global trade, with a projected annual growth rate of 6.4 per cent in both GDP and trade over the next decade."