BILATERAL TRADE GROWTH
India, South Korea to upgrade trade pact, deepen tech and supply chain ties
India and South Korea will resume talks to upgrade their economic partnership agreement. The goal is to increase bilateral trade to 50 billion dollars by 2030. Both nations will also enhance cooperation in critical technologies and supply chains. An economic security dialogue will be established. Discussions will cover shipbuilding, steel, and sustainability. Industrial collaboration will expand through new agreements.
India, Korea can give new direction to multilateralism amid mounting challenges: South Korean Prez Lee
South Korean President Lee Jae Myung envisions a strengthened special strategic partnership with India, focusing on trade, technology, critical minerals, defence, and shipbuilding. He highlighted shared values and the need for close cooperation amidst geopolitical uncertainty, aiming to deepen comprehensive ties for mutual growth and innovation.
South Korea's Lee Jae-myung in India for talks on shipping, AI
South Korean President Lee Jae-myung received a red-carpet welcome in New Delhi for talks with Prime Minister Narendra Modi. Discussions focused on shipbuilding, AI, semiconductors, and critical technologies, aiming to strengthen their strategic partnership amidst global economic instability. Both leaders also addressed regional peace and bolstering their economic cooperation.
South Korea's Lee to seek big boost in economic ties in summit with PM Modi
South Korean President Lee Jae Myung is in New Delhi for talks with Indian Prime Minister Narendra Modi. The visit aims to significantly increase economic ties, focusing on shipbuilding. Both nations plan to nearly double bilateral trade to $50 billion by 2030. Cooperation may also expand into finance, artificial intelligence, and defense. India's role in global production is highlighted.
Austria bets big on Indian talent with Focus India partnership
Austrian and Indian relations are reaching new heights, fueled by a recent visit from Austria's Federal Chancellor, emphasising the evolution of their academic partnership. Already, 200 Indian students have commenced their studies in Austria, marking a milestone following the establishment of a migration agreement and collaborative economic efforts.
Piyush Goyal engages with South Korean, Austrian leadership to deepen economic ties
Union Minister of Commerce and Industry, Piyush Goyal, advanced India's trade agenda through a series of diplomatic engagements on Thursday, holding a virtual meeting with South Korean Trade Minister Yeo Han-koo and an in-person session with Austrian Federal Chancellor Christian Stocker. The meetings, focused on bilateral investment and technological synergy, resulted in the signing of a new mechanism aimed at accelerating business resolutions between India and Austria.
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Seoul to Delhi, Asia’s new economic axis
South Korean President Lee Jae-myung's visit to India is a crucial moment. The two nations can build a strong strategic economic partnership. They can create a new axis of resilience in Asia. This partnership will focus on manufacturing, technology and defence. It aims to address global insecurity and fractured supply chains.
Seoul to Delhi, Asia’s new economic axis
South Korean President Lee Jae-myung's visit to India arrives at a critical juncture for global economic stability. The two Asian powers are poised to forge a strategic economic partnership, moving beyond traditional trade to co-build industrial capacity in semiconductors, green mobility, and advanced manufacturing.
China surpasses US as India's largest trading partner in FY26; trade gap swells to USD 112.16 bn
India's trade with China reached USD 151.1 billion in 2025-26, making it the largest partner. The trade deficit with China widened significantly. The US was previously the top partner for four years. India's exports to China saw substantial growth, while imports also increased. Trade with the US showed marginal export growth and increased imports, leading to a reduced trade surplus.
UK PM Starmer hits back after Trump's trade deal threat over Iran conflict
British Prime Minister Keir Starmer stands firm against US President Donald Trump's threats regarding a trade deal. Starmer reiterates the UK's stance on not joining US strikes on Iran. Meanwhile, King Charles III's upcoming State Visit to the US is set to proceed, aiming to strengthen bilateral ties and commemorate historical milestones.
Why stock market rose today? Sensex soars over 1,200 points, Nifty settles above 24,200. 5 key factors explained
Indian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace talks boosted investor sentiment. Global markets also rallied. This positive momentum added significant value to the total market capitalization. Investors are advised to remain invested despite potential headwinds.
India-Austria to deepen economic ties; Bilateral trade crosses USD 2.35 billion: CII Regional Chairman
India and Austria move to deepen their economic partnership with a specific focus on green technologies and advanced manufacturing as bilateral trade between the two nations surpassed the USD 2.35 billion mark.Chairman of the CII Western Region and Chairman & Managing Director of Blue Star Ltd, identified these sectors alongside digital innovation as the primary drivers for the next phase of the bilateral relationship.
India, Oman discuss ways to boost trade, investments
India's Commerce Minister Piyush Goyal met with Oman's Minister of Commerce, Industry and Investment Promotion. They discussed ways to enhance trade and investment ties. This follows recent discussions with other Gulf nations. The India-Oman Comprehensive Economic Partnership Agreement aims to boost mutual growth.
India's economic growth journey huge opportunity for international partners: Vinay Mohan Kwatra
India's economic growth presents a significant opportunity for international partners, with the US being a central and consequential ally, Ambassador Vinay Mohan Kwatra stated. He emphasized the transformative phase of India's economic and societal evolution, highlighting the strength of the India-US partnership across various sectors and its role in navigating global shifts.
India seeks to step up engagement as Myanmar elects new president
Myanmar's military leader Min Aung Hlaing becomes president. India watches closely as ties are strategic. India supports Myanmar's development and conflict resolution. Dialogue is key for peace. Bilateral trade is growing, especially in pulses. Cooperation in mining is also a focus. India aims for stability and resolution through talks.
India is looking at preferential access to US market, says Piyush Goyal
Goyal met US trade representative Jamieson Greer on the sidelines of the World Trade Organisation's 14th ministerial conference (MC14) in Cameroon last week and discussed the next steps in the India-US bilateral trade agreement (BTA) negotiations.
India may soon announce more relief for exporters hit by West Asia crisis
India's government is introducing measures to support exporters facing disruptions from the West Asia crisis. Freight subsidies are being considered as part of a relief package. The ongoing conflict has impacted global trade and shipping costs. India's food and energy security remain strong despite these challenges. Merchandise exports saw a slight dip in February, with trade deficit narrowing.
One battle after another: How India fared in the year of Trump tariffs
Beginning April 2025, India found itself navigating turbulent waters due to sweeping changes in US trade policy led by President Trump. The imposition of tariffs posed a substantial threat to Indian exports, prompting New Delhi to innovate through strategic diversification and robust domestic reforms.
Will FY27 be better than 'black swan' FY26 for markets? Here's what Motilal Oswal says
Indian equities underperformed in FY26 due to global headwinds, FII outflows, and limited exposure to the AI boom, despite improving domestic earnings and policy support. Motilal Oswal expects FY27 to benefit from delayed effects of fiscal and monetary stimulus, narrower valuations, and a favorable base. Key stock picks include Bharti Airtel, SBI, ICICI Bank, M&M, Titan, and Infosys.
Australia seeks 'another crack' at trade deal with India in coming weeks
India and Australia are set to resume trade negotiations in the coming weeks, with Canberra eager to advance a bilateral agreement. Discussions are expected to progress gradually through a phased approach, focusing on India's growing consumer market and demand for Australian food and beverages. While both nations are optimistic, negotiations are anticipated to be complex and unfold over multiple stages.
Meddle east meditations: India and countries like Pakistan are inactive and active for safety of their citizens and economies
India's foreign policy focuses on securing energy and protecting assets during the Gulf War. Global economies face widespread fears of supply disruption and inflation. The conflict's impact could extend to the early 2030s. India and Pakistan share similar goals for their citizens. Regional powers have differing interests regarding Iran's role.
Indian capital, British soul: How TVS Motor Company and the West Midlands are rewriting the rules of global mobility
TVS Motor Company is breathing new life into the iconic British brand Norton. A significant investment is establishing a new manufacturing hub in Solihull, UK. This collaboration leverages India's engineering scale and cost efficiency. The partnership aims to produce premium motorcycles for global markets. Research in lightweighting materials is also a key focus.
India-US ties: Ambassador Gor outlines 'win-win' economic growth, highlights security cooperation as core strategic pillar
The envoy said the two countries are prioritising building resilient supply chains for semiconductors and critical minerals, and welcomed New Delhi joining the US-led 'Pax Silica' initiative, which aims to secure these networks amid intense competition from China.
Iran-Israel War Day 29 Updates: Trump says Iran 'decimated', Tehran steps up attacks on Gulf as West Asia conflict rages
Iran War Day 29: The Iran-Israel conflict has escalated into a regional crisis with fresh strikes and rising casualties. Israel targeted Tehran and nuclear sites, prompting Iranian vows of retaliation. The conflict has widened to include Lebanon, Saudi Arabia, and the Gulf, with the US deeply involved militarily and diplomatically.
Rupee's steep fall: Are India's macro fundamentals strong enough to withstand global shocks?
India's economic growth remains strong despite a weakening rupee. This decline is not supported by the country's macro fundamentals. The article explores potential solutions, including targeted bond offerings and alternative payment systems. It suggests that a multipolar world order and collaboration among nations can help support regional currencies and reclaim space on the global stage.
India, EU sign aviation production pact to boost safety; Airbus helicopter assembly in Karnataka lined up
India and the European Union have signed a significant working arrangement for industrial aviation production. This pact aims to boost collaboration and ensure manufacturing meets global safety benchmarks. It will support initiatives like the assembly of Airbus Helicopters in Karnataka. The agreement follows a summit where aviation safety was a key priority.
OECD: Iran war erases global growth upgrade, fans inflation
Global economic growth faces a setback due to the Middle East conflict. Energy shipments through the Strait of Hormuz are nearly halted, risking a sharp rise in inflation. The OECD now projects slower growth for the coming years. This situation presents significant downside risks to the global economic outlook. Governments are advised to provide targeted support.
Understand private credit: It may be a word you will soon hear more often in the stock markets
It is called “shadow banking” for a reason. Private credit serves a purpose as it caters to borrowers who fall between bank underwriting standards and public market requirements. But it also carries structural weaknesses such as poor borrower quality, limited transparency, and subjective valuations. Despite all this, private credit is only growing. Is it a miracle market or a disguised catastrophe? The answer will be revealed only in times of stress.
India Inc sees supply chain strain from Middle East conflict, backs govt response
The West Asian conflict is disrupting global shipping, energy, and supply chains, impacting Indian companies with shipment delays and input pressures. However, India entered the crisis from a position of strength, with the government taking swift measures to manage the fallout and enhance economic resilience.
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