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Union Commerce and Industry Minister Piyush Goyal recently held high-level discussions with US Commerce Secretary Howard Lutnick in Washington, D.C., marking a significant step forward in the ongoing negotiations for the India-US Bilateral Trade Agreement (BTA).Goyal described the talks as “good discussions” aimed at expediting the first tranche of the agreement, sharing an image of the meeting
Bangladesh’s interim government, led by Nobel Laureate Muhammad Yunus, has expressed its willingness to engage in dialogue with India to resolve the recent surge in bilateral trade tensions following India’s imposition of new restrictions on Bangladeshi exports via land ports. These developments mark a significant shift from the previously cooperative trade relations between the two neighbouring
External Affairs Minister (EAM) S Jaishankar began his official visit to the Netherlands on May 19, 2025, marking the first leg of a three-nation European tour that also includes Denmark and Germany.In The Hague, Jaishankar engaged with strategic experts, emphasising the importance of deepening India-Netherlands and India-European Union (EU) relations, particularly in the context of a world
India’s recent trade restrictions on imports from Bangladesh are expected to have significant long-term implications for Bangladesh’s employment landscape, particularly within the formal sector.According to International Labour Organisation (ILO) Country Director Tuomo Poutiainen, while immediate disruption to jobs is unlikely-given that much of Bangladesh’s workforce is employed informally in
India has imposed significant restrictions on imports from Bangladesh, targeting nearly 42% of bilateral imports-valued at approximately $770 million-as a direct response to escalating diplomatic and trade tensions following Dhaka’s growing alignment with China.The new measures, announced in May 2025, limit key Bangladeshi exports such as ready-made garments, processed foods, and plastic goods to
India’s recent imposition of port restrictions on Bangladeshi imports marks a significant escalation in trade tensions between the two countries, with far-reaching economic and geopolitical implications. The directive, issued by India’s Directorate General of Foreign Trade (DGFT) on May 17, 2025, restricts the import of key Bangladeshi goods-including readymade garments, processed foods, plastics
External Affairs Minister S Jaishankar has confirmed that trade negotiations between India and the United States are actively underway, but he emphasised that the process is highly complex and no final decisions have been reached.He stressed that any trade deal must be “mutually beneficial” and serve the interests of both countries, cautioning against drawing premature conclusions while
Apple has firmly reaffirmed its commitment to India as a key manufacturing hub, despite recent public objections from US President Donald Trump regarding the company’s growing production footprint in the country.Apple has reaffirmed its commitment to India as a key production hub.According to multiple reports citing government sources, Apple has assured the Indian government that there is “no
The Central Consumer Protection Authority (CCPA) has issued formal notices to major e-commerce platforms, including Amazon India and Flipkart, over the sale of Pakistani flags and related merchandise on their Indian websites.This action follows heightened tensions between India and Pakistan, particularly after the recent Operation Sindoor, which was launched by India in response to a terror
US President Donald Trump recently advised Apple CEO Tim Cook not to expand iPhone production in India, urging the company instead to focus on increasing manufacturing within the United States. Trump’s comments came during a business event in Doha, Qatar, where he expressed concern over Apple’s growing manufacturing footprint in India, despite the company’s significant investment plans for the