India-Australia trade pact: India rejects demand for tariff cuts on dairy and wine; second phase of BTA delayed

India has rejected Australia’s demand for deeper tariff concessions on dairy and alcoholic beverages, delaying the second phase of a proposed bilateral trade pact, news agency Reuters reported citing two Indian government sources.The countries signed an interim deal in 2022 that reduced tariffs on a wide range of goods. However, talks on a full-scale Comprehensive…

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Klook unveils ‘The Best You’ campaign; invites users to premium travel parks, partners with Times Black ICICI Bank

‘The Best You’ features India’s comedy queen, Bharti Singh, who shares her story resilience and reinvention Klook, Asia’s leading platform for travel experiences and services, launched its new campaign titled “The Best You.” The campaign is an invitation to offer cardholders curated international travel privileges and elite access to premium experiences. It features India’s Queen…

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‘Unnecessary trade barriers…’: US hits out at India’s dairy certificate requirements at WTO; raises issue amidst trade deal talks

The US has expressed fresh concerns at the WTO regarding India’s dairy certification requirements. (AI image) Even as India and the US appear to be in the final leg of talks for an interim trade deal, America has raised issues of India’s dairy certificate requirement at the World Trade Organisation (WTO) again. The US has…

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Countering China: India eyes Rs 1,345 crore scheme on rare earth magnets; Indian companies express interest

The Ministry of Heavy Industries Secretary, Kamran Rizvi, confirmed that the draft scheme for processing rare earth magnets has been distributed. (AI image) Amidst ongoing supply choke for rare earths from China, India has announced its plans to develop rare earth magnets domestically. The government has allocated Rs 1,345 crore towards establishing domestic production capabilities…

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