Economy News ( English version)

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  • India's Russian oil buys part of effort to be a strong US partner in keeping oil prices stable, Sergio Gor says March 11, 2026
    US Ambassador Sergio Gor lauded India as a "great partner" in stabilizing global oil prices, acknowledging New Delhi's Russian oil purchases as part of these efforts. This statement follows US Treasury Secretary Scott Bessent's announcement of a "permission" for India to buy Russian oil already on ships, aiming to ease global su […]
  • Strategic trade mission seeks to tap opportunities from UK-India FTA March 11, 2026
    A West Midlands trade mission to India has boosted economic and cultural links. The delegation met with Indian business leaders to explore new partnerships. Agreements were signed in energy, technology, and education. This collaboration follows the UK-India Free Trade Agreement. The mission aimed to create jobs and investment for the West Midlands region. […]
  • India eases FDI rules from bordering nations, unlocks path for Chinese investment March 10, 2026
    India's recent move to simplify foreign direct investment rules for bordering countries signals a welcoming shift in its economic strategy. Now, investments from entities with less than 10% beneficial ownership can flow more freely through the automatic route.
  • India remains engaged with US government: Jitin Prasada March 10, 2026
    India is closely monitoring US tariff changes and maintaining dialogue with the US government. The nation has offered carefully considered tariff reductions on certain agricultural goods. These concessions are designed to meet demand without harming domestic farmers. India's trade with Bangladesh is also expected to remain strong due to existing advanta […]
  • India-EFTA trade pact marks two years March 10, 2026
    The India-EFTA trade agreement has completed two years. This pact is boosting cooperation in trade, investment, services, and technology. It provides Indian exporters access to high-income markets. The agreement aims to attract significant investment and enhance manufacturing capabilities in India. This partnership supports India's export ambitions and […]

 

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