India and the European Union are set to announce a trade deal at the 16th India-EU summit in New Delhi on January 27, following nearly two decades of negotiations. The summit is being co-chaired by the President of the European Council, Antonio Luis Santos da Costa, and the President of the European Commission, Ursula von…
India and New Zealand have concluded negotiations on a free-trade agreement, but its immediate impact on merchandise trade is likely to be limited given bilateral flows of just $2.1 billion in FY2025, according to a Global Trade Research Initiative (GTRI) analysis.The agreement, finalised on December 22 following a phone call between Prime Minister Narendra Modi…
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India’s exports to the US bounced back in November. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI).The stocks grew by by 22.61% to reach $6.98 billion, according to commerce ministry data. This recovery came despite the US imposing 50 per cent tariffs…
India’s exports of creative goods rose in the first seven months of FY26, driven by strong demand for fashion accessories, jewellery, carpets and toys, with the UAE emerging as the largest destination, according to an ET analysis.The exports of creative goods increased 7.3% year-on-year to $12.5 billion during April–October FY26, up from $11.7 billion in…
KOLKATA: At least seven people were killed and 21 others reported missing after a massive fire tore through a warehouse complex in eastern Kolkata early Monday, trapping workers who had been sleeping inside units packed with flammable materials. The complex housed a decorators’ unit and a factory supplying a popular momo chain.Police initially confirmed three…
NEW DELHI: The government has intensified action against illegal online gambling and betting platforms, blocking around 300 websites and applications in the latest round, according to official sources. The move is part of an ongoing enforcement drive that has gathered pace after the passage of the Online Gaming Act, which laid down a clearer framework…
The minutes from the Federal Reserve’s December 2025 policy meeting show officials paying close attention to a risk that rarely drives headlines but can rattle markets quickly: whether the financial system could quietly run short of cash even if interest rates barely move. Released on Dec. 30, the minutes from the Dec. 9–10 Federal Open…
The European Union’s top diplomat Kaja Kallas on Tuesday sought India’s assistance to persuade Russia to end the four-year war in Ukraine. “We have asked our Indian colleagues to raise this with the Russians, put pressure on the Russians so that they would also want peace because this war is not good for Europe,” Kallas,…
Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by Chairman Cha Myung-hoon, who controls 53.4% of the company, the local news agency Seoul Economic…
