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India-UK trade pact comes into force, gold standard of FTA for both
economy13h ago

India-UK trade pact comes into force, gold standard of FTA for both

India and the UK have operationalized a free trade agreement, enhancing economic ties. This pact allows zero duty entry for many Indian goods into the British market. Bilateral trade aims to reach $100 billion by 2030, increasing from $60 billion. The agreement supports Indian farmers, entrepreneurs, and MSMEs with stronger market access. It also deepens cooperation in technology, services, and skilled talent mobility.

Economy-News-Economic Times

India exports $140 million worth of goods at zero duty on first day of UK trade pact
economy14h ago

India exports $140 million worth of goods at zero duty on first day of UK trade pact

The CETA allows entry of nearly 99% of Indian exports at zero duty, and offers significant duty concession to a host of UK imports such as scotch whiskey. Alongside CETA, an agreement on social security (Double Contribution Convention) has also been operationalised, exempting Indian professionals on temporary UK assignments of up to 60 months from making social security contributions in both countries, reducing costs for both employees and employers.

Economy-News-Economic Times

India's current account slips into $2 billion deficit in May as trade gap widens
economy16h ago

India's current account slips into $2 billion deficit in May as trade gap widens

India's financial landscape shifted in May, marked by a current account deficit alongside a narrower capital account deficit. The total balance of payments registered a $4.4 billion deficit, mainly due to a substantial merchandise deficit of $27.9 billion, overshadowing service surpluses and remittances. Furthermore, foreign portfolio investors began to temper their divestments in the local markets, with the central bank noting an outflow in foreign direct investment.

Economy-News-Economic Times

Jana SFB targets 80:20 secured-unsecured loan mix; expects TVS partnership to boost two-wheeler financing
banking16h ago

Jana SFB targets 80:20 secured-unsecured loan mix; expects TVS partnership to boost two-wheeler financing

Jana Small Finance Bank plans to reduce unsecured loans to 22-23% of its portfolio over the next two years from 27%, with a long-term target of an 80:20 secured-unsecured mix. The lender expects its proposed partnership with the TVS Venu Group to accelerate two-wheeler financing. It also guided for up to 21% loan growth and an 80% rise in FY27 net profit.

Banking/Finance-Industry-Economic Times

trending14h ago

Russia seeks more gasoline from India after Ukraine attacks refineries, sources say - Reuters

Russia seeks more gasoline from India after Ukraine attacks refineries, sources say ReutersOil conundrum: On India’s energy imports from Russia The HinduRussia seeks more petrol from India after Ukrainian strikes cripple oil refineries India TodayUkraine Uncovers Russian Oil Sanctions Evasion Scheme Involving India's Nayara Energy UNITED24 MediaGlobal Conflicts Reshape India's Petroleum Trade Dynamics ChemAnalyst

Business - Latest - Google News

trending16h ago

Gold steadies as traders balance soft US inflation data against rising Oil prices - FXStreet

Gold steadies as traders balance soft US inflation data against rising Oil prices FXStreetGold steady in Delhi as silver extends slide on weak demand MSN22k gold rate today: Check 24k, 22k, 20k, 18k gold prices (July 15, 2026) at Tanishq, Malabar Gold & Diamo The Economic TimesGold slips as oil rally keeps inflation, rate outlook on investors' radar BFSI NewsGold Holds Near Support as Markets Shift from CPI Repricing to PPI Confirmation Investing.com India

Business - Latest - Google News

trending17h ago

ECB's Moulin: ECB needs to be ready for any eventuality on inflation - Forex Factory

ECB's Moulin: ECB needs to be ready for any eventuality on inflation Forex FactoryWarsh Tells Congress the Fed Has ‘No Tolerance’ for High Inflation WSJFed Chair Warsh condemns inflation while dodging on hikes SemaforFed's 'ample reserves' approach is a focus of Warsh's balance sheet review The Economic TimesWarsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people CNBC

Business - Latest - Google News

trending20h ago

Cabinet approves ₹1.27 lakh crore for Semicon Mission 2.0 - The Hindu

Cabinet approves ₹1.27 lakh crore for Semicon Mission 2.0 The HinduGovt approves Semicon 2.0 to strengthen semiconductor ecosystem News On AIRCabinet approves ₹1.27 lakh crore for Semicon Mission 2.0, for mobile manufacturing, new highways The HinduUnion Cabinet clears Rs 1.9 lakh crore push for chips, mobile phones The Times of IndiaPM Modi praises Cabinet approvals on semiconductors, mobile phones, urea Telegraph India

Business - Latest - Google News

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