Economy

Former Swedish PM Carl Bildt Highlights India’s Rising Global Clout Driving Stronger Europe Ties, Swedish Industry Eyes Expansion

Former Swedish Prime Minister Carl Bildt has underlined that India’s rising global clout is driving stronger ties with Europe, with Swedish industry actively preparing to expand into India following the conclusion of the India-European Free Trade Agreement.Speaking in Rome, Bildt emphasised that India’s rapid economic growth and its emergence as a global manufacturing hub have made it

May 12, 2026
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India And Peru To Resume Free Trade Talks In June With Copper Supply In Focus

India and Peru are set to resume negotiations on a Free Trade Agreement in June 2026, with both sides aiming to conclude the deal by the end of the year. Copper and critical minerals are central to the talks, reflecting India’s urgent need to secure long-term supply chains for its fast-growing economy.India and Peru are preparing for the next round of discussions on a proposed Free Trade

May 11, 2026
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Trump To Undertake State Visit To China From May 13–15 At Xi’s Invitation

US President Donald Trump will undertake a state visit to China from 13 to 15 May 2026 at the invitation of President Xi Jinping. The visit is expected to focus on Iran, Russia, Taiwan, trade, and strategic industry agreements, with both sides emphasising stability amid global tensions.The Chinese Foreign Ministry confirmed on Monday that President Trump will pay a state visit to China from 13 to

May 11, 2026
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India-Vietnam Defence Partnership Anchored In Joint Vision Statement 2030, Says MEA

Secretary (East) in the Ministry of External Affairs, P Kumaran, emphasised that India-Vietnam defence cooperation is firmly guided by the Joint Vision Statement for Defence Partnership 2030.Speaking at a special briefing on the State Visit of Vietnam’s General Secretary and President To Lam, he explained that the framework encompasses capacity building, training of Vietnamese armed forces, UN

May 8, 2026
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India And Vietnam Finance Ministers Strengthen Cooperation Amid Global Economic And Geopolitical Challenges

Union Finance Minister Nirmala Sitharaman held discussions with Vietnam’s Finance Minister Ngo Van Tuan in New Delhi on Wednesday, focusing on ways to deepen cooperation across technology, innovation, energy, and pharmaceuticals.The meeting came against the backdrop of evolving global economic and geopolitical challenges, with both sides emphasising resilience and stability in their respective

May 7, 2026
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India And Vietnam Set Roadmap To Achieve $25 Billion Trade By 2030, Strengthen Supply Chain Resilience

Prime Minister Narendra Modi announced on Wednesday that India and Vietnam have formalised a strategic roadmap to elevate bilateral trade to $25 billion by 2030. This marks a significant expansion in economic and sector-specific cooperation between the two nations.The announcement was made as Modi and Vietnamese President To Lam witnessed the exchange of several Memoranda of Understanding at

May 6, 2026
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India And Vietnam Elevate Ties To Enhanced Comprehensive Strategic Partnership, Seal 13 MoUs And Set $25 Billion Trade Goal

President To Lam’s state visit to India has marked a significant milestone in bilateral relations, with both nations agreeing to elevate their ties to an Enhanced Comprehensive Strategic Partnership.The visit produced 18 outcomes, including 13 Memorandums of Understanding (MoUs) and five key announcements, reflecting the breadth of cooperation across strategic, economic, cultural, and

May 6, 2026
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Massive Investments From India Pour Into US: Ambassador Sergio Gor Teases SelectUSA 2026

Indian firms have pledged a record-breaking investment of over $1.1 billion at the 2026 SelectUSA Summit, marking the largest single-delegation push from India into the United States.This surge spans aerospace, defence, energy, advanced manufacturing, and artificial intelligence, reinforcing the strategic trajectory of US-India economic ties.US Ambassador to India Sergio Gor announced that

May 6, 2026
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HD Hyundai To Launch ₹40,000 Crore Greenfield Shipyard In Thoothukudi, Boosting India’s Maritime Vision 2047

HD Hyundai is set to begin groundwork on its ₹40,000 crore ($4 billion) greenfield shipyard in Thoothukudi, Tamil Nadu, marking India’s first such facility by a global shipbuilder.The project will transform Thoothukudi into a major shipbuilding hub with an annual capacity of up to 4 million gross tonnage, positioning India as a serious contender in global maritime manufacturing.The proposed

May 5, 2026
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