FTA
Apparel exporters urge commerce minister Piyush Goyal to regulate cotton yarn exports
Apparel exporters requested government intervention to regulate cotton yarn exports. Rising yarn prices are significantly hurting the industry's global competitiveness. Limited stock and increased demand from countries like Bangladesh and Vietnam contribute. Higher manufacturing costs affect opportunities in new free trade agreement markets. Value addition through finished garments offers greater economic benefits than raw materials.
Faster KYC, nods key to boosting FDI flows: Piyush Goyal
The minister was speaking at the end of his official visit to Japan, where he held a series of high-level engagements aimed at accelerating Japanese investment in India, strengthening industrial partnerships and expanding bilateral economic cooperation across emerging and strategic sectors. "Our focus is on process and procedures... there are very few sectors where FDI is restricted but we are open to ideas whatever industry demands... during these engagements here, new ideas have come up," Goyal said.
Pernod Ricard India sales rise 7% in FY26; IPO plan under discussion
Pernod Ricard reported seven percent sales growth in India for fiscal year twenty twenty six. The company is discussing a potential initial public offering in its second largest market. Global sales saw a decline while India demonstrated strong consumer demand and premiumization. The India-UK Free Trade Agreement is expected to further boost performance and innovation.
AI, entrepreneurship, and scalability take centre stage at ET Business Growth Summit in Bengaluru
With the industry’s who’s who in attendance, the event explored the opportunities and challenges shaping businesses in a rapidly changing world.
India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM Manturov
India and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access to the Eurasian region's rich energy and mineral deposits. Bilateral trade has significantly increased, with both nations pursuing a $100 billion target by 2030. Connectivity initiatives, including the Northern Sea Route, are also being explored for mutual benefit.
India-EU ties stronger than ever, FTA breakthrough driven by realism, pragmatism: EU Ambassador
India-EU relations are stronger than ever due to increased strategic understanding and comfort. The India-EU Free Trade Agreement negotiations progressed with realism and pragmatism from both sides. The Carbon Border Adjustment Mechanism aims to prevent carbon leakage and incentivize lower emissions. Both India and the EU seek to de-risk supply chains and build greater resilience. Cooperation will be strengthened through agreements and the India-EU Trade and Technology Council.
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ETMarkets Smart Talk | Large caps look better for next 24 months, but hidden gems remain in smallcaps: Divam Sharma
Sharma sees a stronger case for large caps over the next 24 months, particularly given the steep valuation premium commanded by small caps.
Global trade shake-up reaches fashion as Zara supplier Pearl Global eyes Africa market
Pearl Global eyes North Africa and Jordan for manufacturing expansion. This move aims to serve European customers and diversify production bases. The company is reducing its reliance on the United States market. Other Indian garment exporters are also increasing African production. Pearl Global anticipates significant revenue growth in the coming years.
Commerce minister Piyush Goyal asks Japanese companies to deepen localisation in India
Commerce and Industry Minister Piyush Goyal has urged Japanese auto and capital goods companies to increase localisation, set up R&D and Global Capability Centres (GCCs), and build new manufacturing capacity in India to use the country as a base for global exports.
ET WLF 2026: Boris Johnson says India, US, UK must work together to find a way out of West Asia crisis
Boris Johnson lauded India's strong leadership and predicted an incredible future for the nation. He expressed deep dissatisfaction over the US not consulting the UK on the Iran war. Johnson believes the UK could have prevented the US from entering an obvious trap. He also highlighted progress on the India-UK free trade agreement negotiations. The former Prime Minister preferred American global hegemony over that of China.
India, Gulf bloc discuss next steps on free trade agreement
India and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral relations and regional developments. Both sides affirmed the importance of continued coordination for stability. The GCC is India's largest trading partner bloc by far. Bilateral trade reached USD 178.56 billion in 2024-25.
‘I didn’t say which Diwali’: Boris Johnson on India-UK FTA deadline; hails scotch whisky tariff cut from 150% to 75%
In a comical take on the India-UK Free Trade Agreement timeline, Boris Johnson revealed his contentment with the trade deal's finalization. He emphasized notable tariff cuts on Scotch whisky as a highlight. Following Brexit, the trade relationship has flourished, and Johnson envisions even greater economic collaboration across multiple sectors in the future.
ET World Leaders Forum 2026: ‘Just in time’ is over, says Jaishankar on why a riskier world needs a ‘just in case’ approach
The world faces heightened uncertainty as the old global order unravels. Countries and businesses must build resilience into their economic strategies now. The 'just in time' era is over, replaced by a 'just in case' approach. Strengthening domestic capabilities like 'Make in India' is a de-risking strategy. Diversifying trade agreements also forms a crucial part of this plan.
India-Finland cooperation takes centre stage at circular economy forum
India and Finland are strengthening business and technology ties in the circular economy. Companies from both nations explored resource-efficient and sustainable growth opportunities at a forum. This event served as a precursor to the World Circular Economy Forum in Gandhinagar. Discussions focused on building competitive value chains through circularity and sustainable practices. Finnish companies see significant opportunities to collaborate with Indian partners for growth.
India weighs facilitating European, UK investments via green channel
India is creating a dedicated channel to ease European and British company investments. This mechanism will offer dedicated support and help investors navigate government approvals. The initiative aims to facilitate capital flow beyond just trade agreements. Senior officials will directly monitor this new investor facilitation process. This move follows recent liberalizations in sectors like insurance and banking.
ET World Leaders Forum: India set to be a growth market, but companies must up their game
India is poised to be a major global growth market over the next decade, driven by seven structural strengths including economic stability, a reform-oriented policy framework, a large consumer base, and a growing talent pool. The nation's technology and manufacturing sectors are gaining global relevance, supported by a widening trade architecture.
India Inc should utilise FTAs, focus on value addition, diversify export markets, says govt official
Industry must utilize free trade agreements for expanded market access and investment. Value addition and supply chain resilience are crucial for global competitiveness. Diversifying export markets will open new trade corridors for India. Engaging on technical standards will position India as a market leader. India aims to be a trusted partner and engine of global growth.
Potential kingmaker in New Zealand's next government wants universal income, tax overhaul
New Zealand's Opportunity Party proposes a universal basic income for residents. This policy would be funded by a new annual land tax. The party leader believes this plan will also curb rising house prices. Recent polls suggest the party could hold significant power after the election. The party aims to influence finance or tax collection portfolios in government.
Indian national dies in Israel; Embassy condoles demise, says suspect arrested, probe underway
The Indian Embassy in Israel expressed deep sadness over the tragic death of Rajiv Acharya. Local law enforcement has apprehended a suspect in connection with the incident and the investigation is ongoing. The Embassy is providing all possible assistance to the bereaved family during this difficult time. Meanwhile, India and Israel continue to strengthen their special strategic partnership. Leaders recently discussed deepening cooperation across multiple sectors and regional developments.
Spirits giant Suntory bets on Oaksmith, Jim Beam to crack India’s whisky market by 2030
Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and imported brands. Oaksmith whisky will target mass and mid-premium segments in India. Japanese and American whiskies will capture premium consumers in the market. Suntory will focus on scaling its whiskey business to achieve its ambitions.
TV ad cap removal to boost inventory, not demand; revenue benefit seen at 1–3%: Elara
The recent removal of the 12-minute advertising cap could lead to a minor uptick in revenue for broadcasters. Still, it's improbable that this will change the industry’s growth direction significantly. The key hurdle continues to be the demand from advertisers, as audiences gravitate towards digital and short-form video content. In this evolving landscape, Sun TV Network is more favorably positioned to capitalize on these shifts than Zee Entertainment.
Ferrari's first all-electric car sells for record $40 million at auction
Ferrari's first all-electric vehicle sold for forty million dollars at auction. This sale established a new record for the most expensive new car ever sold. The Luce, a tailor-made electric model, faced criticism upon its unveiling in May. Ferrari's share price saw a drop after the initial announcement of the vehicle. The company recently raised its full-year guidance due to strong demand for limited-run models.
India’s FTA exports surge, shipments to Singapore and Sri Lanka more than double
Exports to Singapore and Sri Lanka more than doubled in the first quarter. Shipments to the ASEAN region also saw significant growth during this period. Malaysia and Australia experienced substantial increases in their export figures. The India-UK trade agreement operationalized, boosting shipments to the UK. Overall, India's exports demonstrated robust growth across multiple FTA partners.
FTAs to drive 30-40% growth in India’s textile exports to UK, EU over next 15 months: DMA’s Sharad Jaipuria
India's textile exports to the UK and EU are on the verge of expansion in the next fifteen months, driven by new FTAs that level the playing field with other nations. As the Indian denim sector prioritises sustainability with an emphasis on water conservation, boosting garment production capabilities and workforce skills will be key to reap the benefits.
India shifts trade strategy, favours PTAs over FTAs with South Africa, Mercosur & others: Official
India will pursue preferential trade agreements with developing economies like South Africa. This approach opens select product categories instead of deep market access. India is also negotiating preferential trade agreements with Mercosur and exploring options with Mexico. The government emphasizes inclusive stakeholder consultations for all trade pacts. This consultative style contrasts with previous trade negotiation practices.
Parliament Watch: MSME Bill clears Lok Sabha, eyes faster payment recovery
The Lok Sabha approved the MSME Development Amendment Bill, 2026, aiming to resolve payment delays. This new law mandates public sector units to use TReDs for MSME payments. It also empowers courts to order interim payments for pending disputes. India's imports from China reached $131.63 billion in FY26. Meanwhile, FTA exports saw a significant 25% rise in the first quarter of FY27.
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