New Delhi: India and the European Union (EU) have concluded official-level negotiations for the proposed free trade agreement, which will help boost two-way commerce and strengthen economic ties between the two sides, Commerce Secretary Rajesh Agrawal said on Monday. “Official-level negotiations are being concluded, and both sides are all set to announce the successful conclusion…
In global commodity markets, gold retains its status as a monetary hedge, while silver exhibits pronounced volatility. However, copper—termed “Dr. Copper” for its sensitivity to economic cycles—has emerged as the pivotal indicator in Q1 2026, underscoring a structural shift toward industrial expansion. This trajectory reflects fundamental demand drivers rather than speculative fervor. With global manufacturing…
Betul (Goa): Reliance Industries Ltd, India’s biggest buyer of Russian crude oil, has not bought any barrels from Kremlin in January so far, while state-run refiners have stepped up imports prompted by discounts hitting some USD 7 per barrel, almost triple the level seen in mid-2025. Reliance, which was touted as the world’s biggest buyer…
New Delhi: India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said. The pact is nearing the finishing line…
New York: US Treasury Secretary Scott Bessent said there is a “path” to remove the 25 per cent tariffs imposed on India for buying Russian oil, noting that such purchases by Delhi from Moscow have “collapsed”. United States President Donald Trump has imposed 50 per cent tariffs on India, including 25 per cent for its…
Mumbai: Maharashtra has signed MoUs of Rs 30 lakh crore at the World Economic Forum (WEF) in Davos which can create up to 40 lakh jobs in areas ranging from industries, services, agriculture, and technology, Chief Minister Devendra Fadnavis said on Thursday. Holding a virtual news conference from the Swiss city, Fadnavis said talks are…
Davos: India is no longer seen as an emerging economy and has rather become pivotal to the global growth, young Indian ministers Harsh Sanghavi and K Rammohan Naidu said on Wednesday. Sanghavi, Deputy Chief Minister of Gujarat, emphasised that for decades India was described as an emerging economy, but today that description no longer captures…
Davos: Union Minister Ashwini Vaishnaw on Wednesday asserted that India will definitely become the world’s third-largest economy over the next few years, with economist Gita Gopinath saying it can happen by 2028 or even earlier. Speaking in a World Economic Forum Annual Meeting session here, Vaishnaw said the only matter of concern is what will…
Davos: Senior Union minister Ashwini Vaishnaw on Tuesday said there is a lot of curiosity in the world about the democratisation of technology and asserted that it is the right way to go ahead to ensure the benefits of AI and all other tech innovations for everyone. Addressing a press conference here on the sidelines of…
Davos: The European Union is on the cusp of signing a historic trade agreement with India that is being called ‘the mother of all deals’, European Commission President Ursula von der Leyen announced on Tuesday, asserting it will create a market for 2 billion people or about one-fourth of the global GDP. In a special…
