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Category: Economics
Make India-UK FTA an Enabler of Wider Integration with the UK Economy
The India-UK Free Trade Agreement opens far more than export opportunities, offering Indian businesses a pathway into the UK’s innovation ecosystem, financial sector, and global value chains. Its true success will depend on how effectively industry leverages it to achieve deeper integration with the wider UK economy.
Beyond Uranium: Why India-Canada trade matters more than one thinks
Prime Minister Carney’s visit spotlights the untapped potential in India-Canada trade, highlighting opportunities in energy, technology, agriculture, and expanding markets for mutual growth Canadian Prime Minister Mark Carney’s arrival in India today marks more than a diplomatic reset. His visit is an acknowledgment of huge unexploited economic potential economic partnership...
Major FTAs done; focus now on their effective utilisation
nomies like the EU and USA. While these agreements offer substantial market access, the key challenge lies in effectively utilizing them for export growth, moving beyond traditional sectors and attracting FDI.
Budget 25: A Visionary Budget to Lead India Towards “Vikshit Bharat” Mission
Finance Minister Nirmala Sithraman in her 8th consecutive budget speech made strong pitch for manufacturing growth with big support to MSMEs, outlining a roadmap for “Vikshit Bharat” aspiration and ensuring “sabka vikas”. The four engines – agriculture, MSMEs, Investment, and exports – she focused upon in her speech touches the...
Geopolitics, Trump 2.0, AI are Some Key Factors to Influence Global Trade in 2025
As per the UNCTAD latest Global Trade Update, the world trade is poised to hit an all-time high of nearly $33 trillion in 2024, with a US$1trillion increase largely driven by a 7% rise in services trade. This $1 trillion increase, reflecting a 3.3% annual growth, highlights resilience in global...
Trump 2.0 Likely to Pursue with Same Agenda but with More Incisiveness
Donald Trump has won the U.S. Presidential election, sparking global attention on his second term’s potential policies. His “America First” stance suggests stringent trade measures, especially with China, and a likely rollback on climate agreements. The world awaits Trump 2.0’s impact on global trade, geopolitics, and climate, with significant implications for allies and rivals alike.
Technology an Enabler of Economic Transformation but Its Ethical use Must Be Ensured Through Global Standards
Prime Minister Modi hosting the ITU-WTSA highlighted India’s push for digital inclusion and responsible AI development. The event focused on setting global standards for new technologies, with an emphasis on security, equity, and ethical considerations. While AI offers immense potential, concerns about bias and misuse necessitate robust global frameworks and national regulations to ensure responsible innovation.
US-China Trade Relations Facing More Turbulence
US-China Trade Relations at a Crossroads as New Legislation Threatens to Escalate Tensions
World EVs Market is Set for Big Disruption
Recently Canada announced its decision to impose a 100% tariff on imports of China-made electric vehicles (EV), following the similar action of two of its Western allies – US and the European Union. Canada too accuse China of subsidizing its EV industry, giving its car makers an unfair advantage. USTR...