The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed disappointment over US President Donald Trump’s decision to impose a 25 per cent tariff along with secondary sanctions on exports from India, effective August 1. Reacting to the announcement, Harsha Vardhan Agarwal, President, FICCI, said, “FICCI is disappointed by the decision taken by the…
India-UK FTA: The India-UK Free Trade Agreement, signed by Prime Minister Narendra Modi and UK Prime Minister Keir Starmer, is set to revolutionise trade ties between the two nations. Union Minister for Commerce and Industry Piyush Goyal described the pact as “game-changing” for Indian farmers, MSMEs, fishermen, young entrepreneurs, and businessmen. Goyal, while addressing a press…
Prime Minister Narendra Modi and UK Prime Minister Keir Starmer formally signed the India-UK Free Trade Agreement (FTA) on Thursday, marking a significant step toward opening new avenues for growth, skill development, and employment opportunities for Indian youth across multiple sectors. PM Modi, while addressing a press briefing after the signing of the landmark pact,…
The recently concluded Free Trade Agreement (FTA) 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.The report noted that while the UK may…