Compliance-based cooperation, not tariffs, is effective pathway forward: CII tells USTR

IANS | July 9, 2026 10:54 AM

Washington, July 9 (IANS) The Confederation of Indian Industry (CII) has urged the United States to address concerns over forced labour through bilateral trade mechanisms instead of imposing additional tariffs, telling a US Trade Representative (USTR) hearing that dialogue and compliance would be more effective than punitive trade measures.

India resilient despite oil shock: IMF

IANS | July 9, 2026 10:31 AM

Washington, July 9 (IANS) India's economy remains resilient despite the headwinds of higher global oil prices triggered by the Middle East conflict, the International Monetary Fund (IMF) said as it marginally lowered the country's 2026 growth forecast to 6.4 per cent while projecting stronger expansion next year as the energy shock eases.

PM Modi understands business, long-term investing: AustralianSuper CEO

IANS | July 9, 2026 10:15 AM

Melbourne, July 9 (IANS) Prime Minister Narendra Modi's long-term vision for India's economic growth and his understanding of business and investing have reinforced investor confidence in the country, AustralianSuper Chief Executive Officer (CEO) Paul Schroder said on Thursday.

India, EU step up push for WTO reforms

IANS | July 9, 2026 9:59 AM

Washington, July 9 (IANS) India and the European Union plan to intensify cooperation on reforming the World Trade Organization (WTO), with both sides saying their newly concluded free trade agreement has created a stronger platform to jointly pursue changes to the global trading body amid growing uncertainty in international commerce.

India targets global FTA network after landmark EU deal

IANS | July 9, 2026 9:12 AM

Washington, July 9 (IANS) Fresh from concluding its landmark free trade agreement with the European Union, India is pursuing an ambitious strategy to expand its network of trade agreements across North America, Latin America, Africa and the Gulf, with negotiations already underway or planned with several major economies, the country's chief trade negotiator has said.

PM Modi welcomes AustralianSuper's $500 million investment in India

IANS | July 9, 2026 9:09 AM

New Delhi, July 9 (IANS) Prime Minister Narendra Modi on Thursday welcomed AustralianSuper's additional $500 million (Australian dollars) investment in India's National Investment and Infrastructure Fund (NIIF), saying the move reflected global confidence in India's growth story, as Australia's largest pension fund took its total holdings in India across all asset classes to 3.3 billion Australian dollars.