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VIP culture in hospitals can compromise patient safety, equitable care: AIIMS doctors
AIIMS Delhi doctors discuss the ethical challenges posed by preferential treatment for VIP patients in healthcare. They emphasize that such practices compromise patient safety and can lead to avoidable complications. Examples of cases illustrate the pressures faced by healthcare providers impacting clinical decisions. The authors recommend implementing stricter admission criteria and equitable resource allocation in healthcare settings. Promoting uniform policies is essential to ensure fairness and trust in patient care.
India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group says
The British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately told companies the reduced rate does not apply to bulk Scotch concentrates, creating the first significant dispute over the free trade agreement since it took effect.
India-NZ FTA in force: Over half of New Zealand’s exports to India now tariff-free, Wellington also eyes Brazil, Canada
New Zealand is working to strengthen trade relations with Brazil and Canada in response to economic uncertainties. The country expects to complete the first New Zealand-Brazil Trade and Investment Dialogue after upcoming elections. A new free trade agreement with India has been implemented, making more than half of exports tariff-free. The agreement will benefit various products, including sheep meat and wool, as well as local businesses.
India eyes a $20 billion pot of gold in New Zealand as its trade pact goes live
The free trade agreement between India and New Zealand promises to promote trade and enhance professional movement. While some goods may enjoy duty-free status, a significant rise in merchandise exports might take time. However, New Zealand's engagement in several service sectors holds potential benefits for Indian companies. The agreement also opens up new job opportunities for Indian students and creates pathways for skilled professionals.
India’s $100 billion European Free Trade Association cheque is slow to clear as Vietnam joins the club
Vietnam recently signed a free trade agreement with the European Free Trade Association, expanding its trade network. This agreement comes as India's interaction with EFTA continues to evolve, with potential impacts on competition. Both countries aim to enhance exports to these markets despite different timelines of agreement enactment.
Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in India
In recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financial Holdings secured a large stake in IDBI Bank, while Mitsubishi UFJ Financial Group poured resources into Shriram Finance. Additionally, Emirates NBD established a notable presence in RBL Bank. Such initiatives promise to alter the competitive dynamics and improve service capabilities in the Indian banking sector.
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Time to engage smartly with China: Push premium Indian exports
Piyush Goyal has articulated a vision for recalibrating India's economic ties with China, focusing on balanced trade. Both nations are engaging in dialogue to stabilize their economic relations despite existing tensions and imbalances. India aims to improve market access and reduce dependency on Chinese imports through selective investment policies. Opportunities exist for increasing exports of premium Indian goods and securing strategic supplies from China.
Commerce Ministry organizes “Leveraging FTAs” outreach program in Jaipur to boost exports
The Commerce Ministry organized an outreach event in Jaipur, targeting exporters to clarify the use of benefits provided by India's free trade agreements. This initiative aims to translate preferential market access into tangible export opportunities for Indian enterprises, emphasizing Rajasthan's strengths in textiles, handicrafts, and gems. Plans for coordination among stakeholders are outlined to optimize support for exporters moving forward.
Dr Doom, who predicted global financial crisis, has a forecast for India
Economist Nouriel Roubini, known as “Dr Doom” for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story over the coming decades. He believes easing US tariffs, deeper trade ties, friendshoring and continued reforms could strengthen India's economic prospects. However, India must accelerate growth towards 9% to create enough jobs for its young workforce as artificial intelligence reshapes employment and global manufacturers diversify beyond China.
Nagpur’s industrial push gains momentum, but MSMEs face rising power costs and land hurdles
With major industrial investments taking shape across Vidarbha, industry stakeholders believe Nagpur has an opportunity to emerge as a diversified manufacturing and technology centre.
India-US trade pact in last leg of legal drafting, says Piyush Goyal
India is currently in the final stages of legal drafting for a trade agreement with the US, which is expected to be operational soon. The agreement, following sessions with US trade representatives, aims to ensure preferential access for Indian exporters. Indian officials hope for tariff stability and seek resolution on outstanding issues before the deal is signed.
Indian trade secretary Rajesh Agrawal says first phase of US trade deal finalised
India's trade secretary announced that the first phase of a trade deal with the United States is finalized. Legal drafting for the deal is currently taking place, signaling progress in negotiations. The anticipated agreement aims for preferential market access and greater tariff stability for India. US Secretary of State Marco Rubio plans to visit India to discuss further economic ties and energy cooperation.
India, US lock first phase of trade pact; legal drafting underway: Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced the finalization of the first phase of the India-US trade pact. This phase is currently undergoing legal drafting, with hopes for quick finalization and operationalization. He emphasized the need for India to secure a competitive advantage over its peer countries before implementation. Additionally, Goyal stated the free trade agreement with the European Union will be signed in December.
Piyush Goyal pitches India as manufacturing, innovation base for Canadian businesses
Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to utilize India's manufacturing capabilities. He highlighted the potential for production and exports to global markets beyond India's domestic market. Goyal emphasized India's preferential trade agreements that enhance market access to approximately USD 85 trillion of global GDP. He encouraged bilateral commercial engagements ahead of finalizing the Comprehensive Economic Partnership Agreement.
India-Chile trade negotiations: A quiet and strategic deal beyond tariffs
India and Chile are progressing with negotiations for a Comprehensive Economic Partnership Agreement to enhance trade relations. The agreement will focus on sectors such as digital services, critical minerals, and investment. Both nations seek to diversify their trade partnerships and reduce reliance on single markets, particularly in mineral exports.
PM Modi's free trade push could lead to $140 billion GDP gain for India
A more protectionist US could unexpectedly benefit India as New Delhi expands its free-trade agreements (FTAs) to diversify export markets and attract investment. A World Trade Organization-based model estimates that India’s concluded and proposed trade deals, including agreements with the EU and New Zealand, could add about $140 billion to GDP by 2035, lifting it 1.7% above the baseline.
ETSA champions show the great Indian dream is all home-brewed and visa-free: Union Minister Piyush Goyal
In a candid conversation with ET’s Deepshikha Sikarwar, he spoke about India’s trade deals, India-US relations, foreign investment, and how Indian businesses will benefit from the restrictions on the green card programme.
India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTAD
Global trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by rising prices and strategic sector challenges due to policy changes. Trade between China and the US has declined, while East Asia's trade with both regions has increased. Developing economies show a bifurcation in growth rates, with India leading at 7.3% in 2026.
Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTAD
Global trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting from energy price increases and export controls. Trade between China and the US has decreased significantly, while East Asia is expanding trade with both regions. Developing economies, particularly India, are expected to drive notable growth despite overall global economic slowdowns.
Commerce ministry sets up FTA utilisation cell to boost industry awareness, leverage pact benefits
The Department of Commerce has created an FTA utilisation cell to assist businesses in leveraging free trade agreements. Commerce Secretary Rajesh Agarwal stated the cell aims to educate entrepreneurs about emerging opportunities.
India and US trade deal still has a few stubborn cards to play: Fitch unit
Negotiations between India and the US have encountered significant sticking points affecting market access and agriculture. US Trade Representative Jamieson Greer noted the identification of all key issues during talks. Finance Minister Nirmala Sitharaman mentioned that negotiations have reached a plateau with limited opportunities for further concessions. India is advocating for more preferential access for its exports. Meanwhile, Washington seeks increased access to the Indian market, especially in agricultural sectors.
Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNL
Indian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 points, while the BSE Sensex decreased by 570.59 points. Key companies like HDFC Bank and Infosys made significant corporate announcements amidst these market conditions. HDFC Bank appointed a new Managing Director and CEO following regulatory approval.
India needs its own AI safety framework, not a copy of US pact: Industry experts
India should build its own artificial intelligence (AI) safety framework suited to its languages, scale, and application-led AI ecosystem rather than replicate a voluntary pact signed by US President Donald Trump and top technology firms last week, industry experts said.
India needs its own AI safety framework, not a copy of US pact: Industry experts
Industry experts say India should develop an AI safety framework tailored to its own languages, scale and application-driven ecosystem rather than simply copy the voluntary US pact signed by major tech firms. While there is broad support for independent audits, accountability and safeguards against deepfakes and cyberattacks, experts differ on whether India should rely mainly on self-regulation or combine voluntary standards with binding rules.
GVC integration, supply chain resilience, FTAs key to boost exports, high-end manufacturing: Deloitte India
India needs deeper integration into global value chains, lower logistics costs and better use of free trade agreements to boost exports and move into higher-value manufacturing, according to Deloitte India. It also called for stronger supply-chain resilience, tariff rationalisation and greater support for MSMEs facing trade-finance, compliance and currency risks.
India goes FTA shopping at G20 as Piyush Goyal works the room with a cart full of trade deals
India's Commerce Minister Piyush Goyal is actively engaged in negotiations for several trade agreements at the G20 meeting. Talks with the US include an interim pact and finalizing issues for a broader agreement. Discussions with Canada aim to conclude a Comprehensive Economic Partnership Agreement by the end of 2026. Existing trade agreements with the UK and Australia are also under review for their implementation and effectiveness.
Alaska Airlines takes its battle for Seattle with Delta overseas
Alaska Airlines is expanding aggressively into long-haul international travel from Seattle, using widebody aircraft acquired through Hawaiian Airlines to challenge Delta for premium passengers. The airline plans at least 15 intercontinental destinations by 2030, betting that higher-margin international, premium-cabin and loyalty revenue can offset fuel pressures and narrow the profitability gap with larger US rivals.
Combined AUM of InvITs and REITs set to double to nearly Rs 20 trillion by 2030-31: ICRA
The combined AUM of InvITs and REITs is projected to double to nearly Rs 20 trillion by 2030-31 from Rs 10 trillion in 2025-26, ICRA said. Growth is expected to be driven by infrastructure monetisation, renewable energy and fibre platforms, commercial real estate, warehousing and data centres.
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