US Treasury Secretary Scott Bessent criticised Europe for prioritising a trade deal with India over Ukraine, accusing the EU of indirectly funding Russia's war through energy trade. He said the US has made bigger sacrifices and warned that Europe put commerce ahead of Ukrainian lives.
According to a recent credit alert from Crisil Ratings, the immediate impact remains muted due to India's limited direct trade exposure to the nation. However, the rating agency warned that a prolonged or escalating conflict could eventually pressure specific sectors, particularly those sens
A new analysis by the Kiel Institute for the World Economy shows that "deeper EU-India integration could boost bilateral trade by 41 to 65 per cent," significantly expand economic ties between the European Union and India at a time of rising global trade fragmentation.
The finalisation of the India-European Union Free Trade Agreement (FTA) is expected to transform India into a global manufacturing hub for the chemicals sector, according to Union Minister of Commerce and Industry Piyush Goyal. The Minister highlighted that the strategic trade pact will unlo
Through the official X post, he said, " After a year of tireless engagement and more than a decade in the making, we've delivered the biggest FTA ever. High tariffs down, opportunity unleashed. Proof that a win-win trade is real and that a genuine partnership, like with Minister @PiyushGoyal
Brazilian President Luiz Inacio Lula da Silva is set to lead a major high-level delegation to India from February 19 to 21, aiming to deepen bilateral trade ties, attract fresh investments and forge strategic partnerships in key sectors vital to Brazil's long-term development.
European Commission President Ursula von der Leyen said that India and the European Union have concluded the much-anticipated free trade agreement, touted as the 'Mother of all Deals'.
In a post on X, Hodgson said his ongoing visit to India marked a "trip of firsts", including Canada's first-ever federal ministerial presence at India Energy Week and the first Canada-India energy dialogue in eight years.
US Treasury Secretary Scott Bessent accused Europe of indirectly funding the Russia-Ukraine war by buying Indian-refined fuel made from Russian oil, defended US tariffs on India, and said Indian crude purchases have dropped, suggesting a possible path to easing tariffs.
Sefcovic described the prospective pact as the "mother of all deals," noting that negotiators are "checking their final numbers" as the European bloc pushes to reduce India's steep import duties that can reach up to 150 % in some sectors.
Bessent told Politico that Indian refinery purchases of Russian oil have "collapsed" due to US tariffs, hinting that, while tariffs remain in place, a diplomatic "path" exists to remove them, provided India shifts its energy sourcing and asserted that these trade measures provide tangible
New Delhi [India], January 23: The Urban Innovation Challenge (UIC), an initiative anchored within Municipalika 2026, is rapidly emerging as one of India's most meaningful platforms for nurturing the next generation of architects, planners, engineers and urban thinkers. Municipalika, to be h