India and Canada are accelerating negotiations on their long-discussed free trade pact, aiming for a breakthrough before Prime Minister Narendra Modi’s anticipated December visit, amid mutual efforts to expand bilateral trade and address sensitive sector issues. Prime Minister Narendra Modi’s…
Indian refiners cut back on Russian crude purchases in August, turning to Middle Eastern suppliers amid geopolitical risks and potential US tariffs, as overall imports decline and trade dynamics shift. India’s purchases of Russian crude fell sharply in August, even…
Prime Minister Narendra Modi’s Principal Secretary highlights the need for India to cut import dependence, strengthen manufacturing, and shift towards innovation to safeguard against global trade disruptions amid rising deficits and protectionist measures. India must cut its dependence on imports…
India is set to launch a new scheme to promote domestic processing of lithium and nickel, strengthening its critical minerals sector and reducing reliance on imports, amid a broader push for self-sufficiency in key industries. India is preparing to introduce…
India and New Zealand have finalised a comprehensive free trade agreement, granting duty-free access to all Indian exports entering New Zealand from October 2026, signalling a significant boost in bilateral economic relations and trade potential. India and New Zealand have…
The Reserve Bank of India cautions banks against lowering loan prices excessively in a high-liquidity environment, aiming to avert future asset quality issues amid intensified competition and interconnected risks with NBFCs. The Reserve Bank of India has warned banks against…
India is set to expedite long-delayed auto sector incentives involving Chinese investment, signalling a cautious easing of diplomatic tensions and boosting integration of Chinese technology into its manufacturing ecosystem. India is preparing to move ahead with a set of long-delayed…
India shifts from import dependence to a robust, export-oriented defence sector, with record production and increased private sector participation, signalling a new era of strategic autonomy. India’s defence industry has moved from heavy dependence on imports to a far more…
India’s corporate bond market has expanded rapidly, but regulator SEBI emphasises the need for broader issuer participation, enhanced market infrastructure, and technological innovation such as tokenised bonds to make it more functional and reliable for investors and borrowers. India’s corporate…
India’s mines ministry is increasing monthly audits of auctioned mine operations and unveiling new incentives for domestic lithium and nickel processing, as part of its efforts to accelerate mineral output and build a resilient electric vehicle supply chain. India’s mines…
Despite a weaker rupee and ongoing trade negotiations, India faces difficulties in elevating its mid-tech exports due to tariff distortions and sector-specific resilience, highlighting the need for strategic policy reforms. India’s policymakers have taken several steps to shore up external…
Drought conditions and erratic rainfall in India threaten to reduce kharif crop yields, intensifying debates over balancing food safety, farmer incomes, and global market responsibilities amid rising prices and export restrictions. India’s monsoon shortfall and the pullback in kharif sowing…
