INDIA NETHERLANDS BUSINESS FORUM
India-US trade deal enters fine-tuning stage as most talks conclude, says Piyush Goyal
India and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal indicated significant progress has been made towards finalizing the agreement. Recent talks have involved high-level meetings between officials from both nations, focusing on tariff reductions and trade frameworks. Goyal is currently leading a significant delegation to the Netherlands and Germany to promote bilateral business ties.
Mumbai, Marketplace, Moscow: Three 'M's for Russian exports to India
Russian exporters are increasingly tapping into the Indian market, utilizing platforms like the permanent pavilion in Navi Mumbai. Additionally, e-commerce giants such as Amazon India and niche platforms are playing a vital role in this process. An upcoming international export forum in Moscow aims to strengthen these ties through collaboration and technological discussions.
India’s ‘dear friend’ is back in power in Brazil, and a $30 billion trade opportunity is on the table
Prime Minister Narendra Modi congratulated Brazilian President-elect Luiz Inácio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.
BRICS Parliamentary Forum: Om Birla says parliaments can ease global tensions, build trust among nations
Om Birla highlighted the essential role parliaments play in fostering cooperation and dialogue among nations. He spoke at the 12th BRICS Parliamentary Forum held in New Delhi. Birla addressed several global challenges including wars, economic instability, and climate change that transcend borders. He emphasized the importance of mutual understanding in reducing tensions and resolving global issues. India became the chair of the forum during the 11th meeting in Brazil.
India, Dutch port authorities weigh digital push to boost logistics: Piyush Goyal
Commerce and industry minister Piyush Goyal and Port of Rotterdam CEO Boudewijn Siemons held discussions on advancing port-led growth, logistics efficiency, supply chain connectivity and unlocking new opportunities for trade and investment.
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MSME business confidence improves despite rising input costs, manufacturing sentiment strongest: SIDBI
India's micro, small, and medium enterprises (MSMEs) are exhibiting a strong sense of optimism for business conditions, evidenced by an uptick in the MSME Business Confidence Index. The manufacturing sector specifically showed promising growth, advancing from 59.5 to 61.0 this quarter. Both trading and services sectors are also experiencing a surge in positive sentiment, suggesting a bright future for all sectors amidst ongoing challenges.
India accuses Pakistan of propaganda at UN, invokes ‘Form 47 government’
India's First Secretary at the UN, Raghoo Puri, criticized Pakistan's diplomatic efforts during a recent dialogue. He highlighted the challenges facing Pakistan, such as economic issues and human rights violations. Puri emphasized that Jammu and Kashmir is an integral part of India while rejecting Pakistan's claims. He noted the significant contributions of minority communities to India's development and governance.
Iran's top negotiator Ghalibaf cancels India visit for BRICS Parliamentary forum
Iranian Parliament Speaker Mohammad Bagher Ghalibaf has cancelled his attendance at the upcoming BRICS Parliamentary Forum. The Iranian Embassy in New Delhi cited unforeseen circumstances for his absence from the event. An Iranian parliamentary delegation will still participate in the two-day forum scheduled for late October. Ghalibaf's role in ongoing negotiations related to Iran's regional conflicts is significant.
FICCI seeks Dutch investment in mfg, tech; calls for project-level follow-up
FICCI has called for enhanced Dutch investments in India’s manufacturing and technology sectors during Piyush Goyal's visit. The discussions may lead to manufacturing partnerships and technology collaborations which would strengthen bilateral trade. Greater emphasis is placed on supply chain integration to meet Dutch quality and sustainability standards. The upcoming India-EU free trade agreement is expected to facilitate deeper commercial ties.
‘Come, work and serve in India’: Industry minister Piyush Goyal calls for stronger research ecosystem to attract Indian talent back home
Piyush Goyal highlighted the importance of enhancing industry-academia partnerships during his address in Berlin. He emphasized the need for better research facilities to support Indian talent abroad. Goyal discussed various sectors, including semiconductors and quantum computing, where collaboration can occur. German companies increasingly view India as a key partner for innovation and manufacturing. His visit aims to strengthen India's technological cooperation with European nations for future development.
India is not living in isolation, says Piyush Goyal, as India-EU FTA and several trade pacts pave the way for German R&D
Piyush Goyal emphasized the importance of collaboration between Indian and German research institutes during his visit. He highlighted the potential for co-development and co-innovation under the India-EU free trade agreement. Goyal encouraged the institutes to connect research with industry in order to support manufacturing in India. The minister also mentioned India's extensive trade agreements that will boost global market access.
India's exports to Germany could cross $50 billion by 2030: ASSOCHAM
ASSOCHAM said the potential for expanding market access, investment and business partnerships between India and Germany. It said the two countries could use their respective strengths in manufacturing, technology and innovation to deepen economic ties and create new growth opportunities.
Polish PM Tusk seeks deeper tech, AI and space ties with India
During a recent meeting, Polish Prime Minister Donald Tusk called for strengthened collaboration with India, zeroing in on advancements in AI and space technology. He pointed out potential synergies in manufacturing automation and data analysis. Karnataka's Chief Minister DK Shivakumar invited Polish participation in the 2027 Global Investors Meet, stressing the importance of joint ventures in renewable energy and advanced manufacturing, given Bengaluru's pivotal role in tech innovation.
As IDBI Bank employees call for November 2 and 3 all-India strike, United Forum of Bank Unions extends support
The United Forum of Bank Unions has rallied behind IDBI employees who are set to strike on November 2 and 3, voicing opposition to the government's move to offload their shares to foreign entities.
Union Minister Sarbananda Sonowal invites Polish firms to ‘build, innovate and grow with India’
Union Minister Sarbananda Sonowal addressed the India-Poland Business Forum, emphasizing stronger business ties between the nations. He highlighted Poland's strengths in engineering and clean energy and India's market potential and skilled workforce. Sonowal proposed initiatives to enhance collaboration in sectors like AI, quantum computing, and smart manufacturing. He called for Indian and Polish companies to innovate and invest together for mutual growth. Trade between India and Poland has reached $6.36 billion.
India-Poland strategic partnership should translate into JVs, says PM Tusk
Poland Prime Minister Donald Tusk emphasized the importance of moving beyond traditional trade with India. He advocated for deeper cooperation in technology, artificial intelligence, and aerospace between the two countries. Tusk also highlighted Bengaluru's significant role as a global technology and innovation hub. He called for translating declarations of strategic partnerships into joint ventures to strengthen economies. These initiatives aim to enhance access to global markets and foster economic growth.
'The problem was caused by you': Commerce Minister Piyush Goyal calls out Europe over carbon emissions
Union Commerce Minister Piyush Goyal said India accounts for less than 3% of global carbon emissions despite representing 17% of the world's population. Speaking in Berlin, he said Europe's per capita emissions and environmental impact were seven to eight times higher than India's.
Iran's Ghalibaf to visit India for BRICS Forum
Mohammad Bagher Ghalibaf will attend the two-day BRICS Parliamentary Forum in India starting October 26. His role as a negotiator in conflicts with Israel and the US is significant. Lok Sabha Speaker Om Birla addressed the forum's details in a recent press conference. Also, discussions about possible impeachment of Chief Election Commissioner Gyanesh Kumar were mentioned by Birla.
Days after Trump sanctions, ICC receives EU's top rights honour
The award came just days after the Trump administration announced sweeping new sanctions on the court, which is based in The Hague, Netherlands, as part of its campaign to dismantle the tribunal over investigations into the United States and its allies, including Israel.
BRICS Parliamentary Forum to be held in Delhi on October 26-27, says Om Birla
The 12th BRICS Parliamentary Forum is scheduled to occur in New Delhi on October 26-27, focusing on people-centric development. Prime Minister Narendra Modi will be present to engage with delegates from member countries. The forum will include discussions on various topics like ethical artificial intelligence, digital transformation, and global governance reforms. India has initiated efforts to establish Parliamentary Friendship Groups with 64 countries for enhanced cooperation.
Piyush Goyal to explore trade, investment avenues in Germany & Netherlands
Commerce and industry minister Piyush Goyal is set to visit Germany and the Netherlands for trade engagements. He will participate in the Berlin Global Dialogue and meet various government officials in Germany. The focus will be on technological cooperation, clean technology, and the India-EU FTA negotiations. In the Netherlands, Goyal will hold ministerial meetings to explore expanded trade channels and green transition initiatives.
India presents a compelling investment proposition for German firms, FICCI says
Indian industry is poised for growth as German companies are encouraged to invest in manufacturing capacities. The upcoming India-European Union free trade agreement aims to strengthen trade ties and foster economic partnerships. Opportunities exist in sectors such as automotive technologies and renewable energy as urbanisation and incomes rise. The bilateral trade has seen an increase, highlighting the growing economic relationship.
European Donald on a mission to mould ties with India
Poland's Prime Minister Donald Tusk is visiting India to enhance strategic partnerships in trade and technology. The visit includes talks with Prime Minister Narendra Modi regarding security and economic collaborations. Business programs in New Delhi and Bengaluru are planned to stimulate investment and innovation. Both countries aim to develop a trade roadmap targeting $10 billion and address market barriers.
India to host inaugural SCO Civilisation Dialogue Forum by year-end: Rajnath Singh
Defence Minister Rajnath Singh announced that India will host the first SCO Civilisation Dialogue Forum later this year. This forum aims to foster cultural ties among member countries to strengthen mutual understanding. Singh emphasised India's long-standing friendship with Tajikistan and its relationships with Central Asian nations. Additionally, he highlighted the importance of a collective approach to combat terrorism effectively across the region.
Polish PM Donald Tusk to land in India on October 21 for official visit: MEA
This would be Tusk's second visit to India in his capacity as the prime minister of Poland, the first being during his earlier tenure in 2010. The Polish prime minister, who is coming at the invitation of Modi, will be accompanied by Andrzej Domanski, Minister of Finance & Economy, and a large business delegation, the MEA said in a statement.
Rs 3,600 crore business enquiries at 5-day handicraft fair
Over 7,300 buyers participated in the 62nd IHGF Delhi Fair held from October 13 to 17. Business enquiries at the fair totaled Rs 3,600 crore, demonstrating strong international interest. Buyers from 105 countries, including the US, UK, and Germany, were present. Many brands indicated a significant shift toward sourcing more products from Indian manufacturers. India's handicraft exports reached $3.75 billion for the fiscal year 2025-26.
India to reach 100 billion dollar of bilateral trade with Russia by 2030: Ambassador Vinay Kumar
India is pursuing negotiations for a Free Trade Agreement with the Eurasian Economic Union to increase exports. Indian Ambassador to Russia Vinay Kumar stated that bilateral trade is projected to reach USD 100 billion by 2030. The current trade turnover is reported at USD 38 billion for the first half of this year. Efforts are underway to diversify India's export basket and improve market access in Russia.
WEF could appoint Lagarde as early as November, sources say
Christine Lagarde is likely to be appointed as the chair of the World Economic Forum next month. This change would require her to step down from her position as European Central Bank chief. Following Lagarde's exit, there will be a reshuffle within the ECB due to upcoming political changes in France. The WEF board is scheduled to meet on November 2 to discuss her potential role.
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