Prime Minister of New Zealand, Christopher Luxon and Prime Minister Narendra Modi in New Delhi. File. | Photo Credit: SHIV KUMAR PUSHPAKAR The following are the highlights of the India-New Zealand free trade agreement, closure of negotiations for which was announced on Monday (December 22, 2025). The pact is likely to be signed in three…
Dairy has long been the most sensitive, and politically charged issue in the negotiations. File. | Photo Credit: AP India has not given any import duty concessions in its dairy sector for New Zealand under the bilateral free trade agreement, an official said on Monday (December 22, 2025). Both sides announced the conclusion of negotiations…
Prime Minister Narendra Modi with New Zealand Prime Minister Christopher Luxon in New Delhi, on March 17, 2025. | Photo Credit: AP India and New Zealand successfully concluded negotiations for a comprehensive free trade agreement, Prime Ministers Narendra Modi and Christopher Luxon announced on Monday (December 22, 2025) following a phone call between the leaders….
The Securities Markets Code (SMC) Bill draws a clear line on Securities and Exchange Board of India (SEBI) enforcement reach by imposing an eight-year statutory limit on inspections and investigations, a move aimed at preventing prolonged regulatory overhang on market participants. However, this eight-year limitation will not apply to cases that have a systemic impact…
India’s forex reserves jumped by $1.689 billion to $688.949 billion during the week ended December 12, the Reserve Bank of India said. File | Photo Credit: Reuters India’s forex reserves jumped by $1.689 billion to $688.949 billion during the week ended December 12, the Reserve Bank of India said on Friday (December 19, 2025). In…
Every Budget is presented in February and lays out the plan for the government’s spending in the financial year that will start in April that year. This relies on a fair bit of estimation. Once about 8-9 months are past, the government is in a much better state to have an accurate idea of how…
Union Minister Piyush Goyal (right) meets Oman’s Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al Yousef (left) during the India-Oman Business Forum, in Muscat on December 17, 2025. | Photo Credit: ANI India and Oman will endeavour to implement the India-Oman free trade agreement, signed on December 18, within the next three…
Net direct tax collection grew 8% to over ₹17.04 lakh crore between April 1-December 17 as refund issuances slowed, the income tax department data showed on Friday (December 17, 2025). This includes net corporate tax mop up of over ₹8.17 lakh crore and non-corporate tax of about ₹8.47 lakh crore. Net revenue from Securities Transaction…
In 2025, exports are estimated to improve to $17.5 billion, still well below earlier levels. File. | Photo Credit: Reuters India’s trade deficit with China is expected to reach $106 billion in 2025 as imports are rising faster than the country’s exports to the neighbouring country, think tank GTRI said on Friday (December 19, 2025)….
India’s remarkable merchandise trade performance in November should come as some relief for the government, but should not be the basis for any complacency. India’s merchandise exports, hit by the stiff headwind of 50% tariffs by the United States, the biggest export destination, unexpectedly grew 19.4% to $38.1 billion in November 2025. This is the…
