Trade
India’s Engineering Export Promotion Council (EEPC India) recently organised an open house session to address exporter anxieties surrounding the proposed India–US trade agreement. Industry participants raised significant concerns relating to fluctuating US tariffs, clarity on policy timelines, and the stability of export conditions. These discussions are critical as
Trade
India and the United States have made substantial progress toward a bilateral trade agreement, but key issues around agricultural imports threaten to derail finalization. Recent rounds of negotiations in New Delhi from June 5 to 10 highlighted significant tensions over market access for US-grown apples and genetically modified (GM) crops such as corn and soybeans. American
Trade
India and China have agreed to resume “functional dialogues” focusing on trade cooperation, visa facilitation, direct flight restoration, and, critically, rare-earth material supply. This decision followed the June 13 visit to New Delhi by Chinese Vice Foreign Minister Sun Weidong, who met with India’s Foreign Secretary Vikram Misri. The move underscores both nations’
Business Markets
Asia-Pacific stock markets ended the week in negative territory as escalating tensions between Israel and Iran rattled investor sentiment across the region. Even as a temporary US-China trade truce brought some relief, the geopolitical uncertainty surrounding the Middle East took center stage, pushing oil prices higher and equity indices lower. Middle East Tensions Rattle
Business Industry
India’s growing ambition to become self-reliant in semiconductor technologies has received a major boost with American chipmaker AMD confirming it is in discussions with the Indian government regarding the development of indigenous GPUs. This collaboration is expected to take shape under the India Semiconductor Mission once policy frameworks permit the inclusion of