The commerce minister said all Indian exports will enter the UK duty-free from July 15, while Indian professionals working in Britain for up to five years will benefit from social security exemptions.
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The commerce minister said all Indian exports will enter the UK duty-free from July 15, while Indian professionals working in Britain for up to five years will benefit from social security exemptions.
India's first bullet train service will begin in 2027 with the Mumbai-Ahmedabad corridor launching in phases. Railway Minister Ashwini Vaishnaw also announced future high-speed rail links and major railway infrastructure upgrades across Telangana.
The week ahead will focus on US-Iran conflict, monsoon related developments, India's June retail inflation and WPI inflation. US will also release CPI and producer price inflation data for the last month. Crude oil prices are likely to be a matter of concern amid the geopolitical risks, while investors navigate a packed calendar of quarterly earnings.
Both sides have targeted to increase the bilateral trade to USD 50 billion by 2030. India's main services sector exports include telecommunications, computer and information services, and other business services.
India bought Russian crude worth EUR 4.5 billion in June, accounting for 83 per cent of its total Russian fossil fuel imports of EUR 5.5 billion, making it the second-largest buyer of Russian hydrocarbons after China.
Indian Oil, Bharat Petroleum and Hindustan Petroleum continue to follow the daily dynamic pricing system, under which pump rates can be adjusted every morning based on global crude prices and currency movements.
Selling gold to survive the moment, setting new benchmarks to survive the next world order, and not surviving at all; these are interesting ways people, firms and countries adapt under stress.
The USTR held public hearings this week as part of the consultation process before taking a final decision on the proposed tariffs.
India takes the elimination of forced labour seriously as a constitutional obligation, and as a matter of international law and principle.
According to the AP report, global oil consumption in May fell by 5.3 million bpd from a year earlier to an average of 97.9 million barrels per day.