Services index to help India’s statistical system meet global standards

IANS | July 15, 2026 9:33 AM

New Delhi, July 15 (IANS) With the introduction of the Index of Services Production (ISP), India is advancing its statistical system with global standards, as services sector has become a key driver of economic growth and employment generation and the government aims to position the country as a world leader in services, targeting a 10 per cent share in global services by 2047.

India-UK FTA kicks in on Wednesday, bilateral trade to get booster shot

IANS | July 14, 2026 9:25 PM

New Delhi, July 14 (IANS) The India-UK Free Trade Agreement (FTA), which comes into force on Wednesday, represents a “gold standard” FTA due to its wide sectoral coverage that includes farmers, seafood exporters, and labour-intensive industries such as textiles, which will benefit from significant reductions in both tariff and non-tariff barriers, Commerce Secretary Rajesh Agrawal said on Wednesday.

India secures major win at Codex Commission, gets 7 food standards adopted

IANS | July 14, 2026 7:19 PM

New Delhi, July 14 (IANS) The 49th Session of the Codex Alimentarius Commission in Geneva India adopted seven Codex standards and guidelines developed under India's chairmanship and co-chairmanship, reinforcing the country's contribution to the development of science-based international food standards, an official statement said on Tuesday.

Pact with Australia paves way for India’s nuclear power projects to take off

IANS | July 14, 2026 5:45 PM

New Delhi, July 14 (IANS) A major outcome of the India–Australia annual summit, held in Melbourne last week, was the finalisation of the Administrative Arrangement under the Civil Nuclear Cooperation Agreement between the two countries, which enables long-term exports of Australian uranium to India for peaceful purposes under International Atomic Energy Agency (IAEA) safeguards.