India-UK FTA bypasses China’s dependence, navigates US tariffs: SBI report

IANS | May 7, 2025 5:59 PM

New Delhi, May 7 (IANS) India and the United Kingdom have signed a landmark free trade agreement (FTA), momentous not only in quantitative magnitude -- encompassing reductions across 90 per cent of tariff lines -- but also in its emblematic stature as a recalibration of post-globalisation economic strategy, an SBI report said on Wednesday.

Cabinet okays scheme for upgrading ITIs, setting up centres of excellence for skilling

IANS | May 7, 2025 1:53 PM

New Delhi, May 7 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the national scheme for Industrial Training Institute (ITI) upgradation and the setting up of five National Centres of Excellence for Skilling as a centrally-sponsored scheme, in a major step towards transforming vocational education in the country.