90-day US tariff relief will lead to more sustainable trade pacts: Experts

IANS | April 10, 2025 12:04 PM

New Delhi, April 10 (IANS) The temporary relief on the US reciprocal tariffs front gives businesses and India vital space to stabilise supply chains and adapt operations, while also providing policymakers an opportunity to work toward more sustainable trade agreements, industry experts said on Thursday.

India’s exports surge to record $820 billion in 2024-25 despite global challenges

IANS | April 10, 2025 10:55 AM

New Delhi, April 10 (IANS) India’s goods and services exports have crossed a record $820 billion in financial year 2024-25, which represents a close to 6 per cent increase over the corresponding figure of $778 billion for the previous financial year, despite the economic uncertainties in global markets, according to data compiled by the Commerce Ministry.

India and UK reaffirm free trade agreement, support supply chains

IANS | April 10, 2025 9:46 AM

New Delhi, April 10 (IANS) Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations at pace towards a mutually beneficial Free Trade Agreement (FTA) and Bilateral Investment Treaty (BIT).

Bank of India, UCO Bank cut lending rates after RBI repo rate slash

IANS | April 9, 2025 8:38 PM

New Delhi, April 9 (IANS) Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public sector banks -- Bank of India and UCO Bank on Wednesday reduced their lending rates, bringing relief to both existing and new borrowers.