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Gulf Nations: India's Next Big Trade Market, Mega FTA Deal in Progress

India's relationship with the Gulf Cooperation Council (GCC) nations is evolving into a major trade partnership. In 2024-25, the bilateral trade between India and the six-nation bloc reached a substantial $179 billion, driven by strong exports such as gems, metals, electronics, and chemicals. With an existing free trade pact with the UAE since 2022, and a recent agreement with Oman, India is now focused on formalizing a comprehensive free trade agreement (FTA) with the GCC. This new agreement

Global News

06 Feb 2026 05:17 AM 32 views

Gulf Nations: India's Next Big Trade Market, Mega FTA Deal in Progress

India's relationship with the Gulf Cooperation Council (GCC) nations is evolving into a major trade partnership. In 2024-25, the bilateral trade between India and the six-nation bloc reached a substantial $179 billion, driven by strong exports such as gems, metals, electronics, and chemicals. With an existing free trade pact with the UAE since 2022, and a recent agreement with Oman, India is now focused on formalizing a comprehensive free trade agreement (FTA) with the GCC. This new agreement

Global News

India and US near historic trade pact as tariff cuts and mineral ties advance

India and the United States are moving closer to concluding what officials describe as a landmark trade agreement, with External Affairs Minister S. Jaishankar indicating that the final details are being worked out and an announcement could come soon. Speaking at the conclusion of his visit to Washington on February 5, Jaishankar said negotiations had reached an advanced stage and expressed confidence that the pact would usher in a new phase of cooperation between the two countries.

Global News

05 Feb 2026 13:51 PM 238 views

India and US near historic trade pact as tariff cuts and mineral ties advance

India and the United States are moving closer to concluding what officials describe as a landmark trade agreement, with External Affairs Minister S. Jaishankar indicating that the final details are being worked out and an announcement could come soon. Speaking at the conclusion of his visit to Washington on February 5, Jaishankar said negotiations had reached an advanced stage and expressed confidence that the pact would usher in a new phase of cooperation between the two countries.

Global News

Russia questions India’s pledge to stop Russian crude after U.S. tariff agreement

Russia has said it has not received any official confirmation from India that the country plans to halt purchases of Russian oil, a day after U.S. President Donald Trump claimed New Delhi agreed to scale back those imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow had yet to hear directly from Indian authorities regarding any change in energy flows. While acknowledging the evolving relationship between the United States a

Global News

04 Feb 2026 14:28 PM 187 views

Russia questions India’s pledge to stop Russian crude after U.S. tariff agreement

Russia has said it has not received any official confirmation from India that the country plans to halt purchases of Russian oil, a day after U.S. President Donald Trump claimed New Delhi agreed to scale back those imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow had yet to hear directly from Indian authorities regarding any change in energy flows. While acknowledging the evolving relationship between the United States a

Global News

India and US review strategic cooperation in Jaishankar–Rubio conversation

Global News

13 Jan 2026 12:25 PM 234 views

India and US review strategic cooperation in Jaishankar–Rubio conversation

Global News

Sergio Gor assumes charge as US ambassador to India, outlines trade talks and Pax Silica invite

Sergio Gor formally assumed charge as the United States Ambassador to India on Monday, marking the beginning of a new diplomatic chapter between the two countries. Speaking shortly after taking office, Gor described the relationship between India and the United States as the most consequential global partnership of the century, underlining its growing importance across economic, strategic, and technological domains. He confirmed that fresh trade negotiations between the two sides are schedule

Global News

12 Jan 2026 07:00 AM 224 views

Sergio Gor assumes charge as US ambassador to India, outlines trade talks and Pax Silica invite

Sergio Gor formally assumed charge as the United States Ambassador to India on Monday, marking the beginning of a new diplomatic chapter between the two countries. Speaking shortly after taking office, Gor described the relationship between India and the United States as the most consequential global partnership of the century, underlining its growing importance across economic, strategic, and technological domains. He confirmed that fresh trade negotiations between the two sides are schedule

Global News

US plans to control Venezuela oil sales as Rubio outlines leverage over interim leaders

United States Secretary of State Marco Rubio said on Wednesday that Washington holds significant leverage over Venezuela’s interim authorities and is preparing to execute a plan that would place control of the country’s oil exports firmly in US hands. Speaking to reporters on Capitol Hill, Rubio said the administration is finalising an arrangement to take possession of oil currently immobilised in Venezuela and sell it on global markets at full market prices. According to Rubio,

Global Conflicts

07 Jan 2026 13:19 PM 121 views

US plans to control Venezuela oil sales as Rubio outlines leverage over interim leaders

United States Secretary of State Marco Rubio said on Wednesday that Washington holds significant leverage over Venezuela’s interim authorities and is preparing to execute a plan that would place control of the country’s oil exports firmly in US hands. Speaking to reporters on Capitol Hill, Rubio said the administration is finalising an arrangement to take possession of oil currently immobilised in Venezuela and sell it on global markets at full market prices. According to Rubio,

Global Conflicts

US–Venezuela crisis – China condemns US pressure on Venezuela oil ties, calls it violation of sovereignty

China on Wednesday strongly criticized reported United States demands aimed at reshaping Venezuela’s oil partnerships, calling the move an act of coercion that violates both national sovereignty and international law. Beijing’s response follows media reports that Washington has sought exclusive control over Venezuela’s oil sector as part of its political and economic engagement with the South American nation. Speaking at a regular press briefing, Chinese Foreign Ministry spoke

Global Conflicts

07 Jan 2026 10:49 AM 199 views

US–Venezuela crisis – China condemns US pressure on Venezuela oil ties, calls it violation of sovereignty

China on Wednesday strongly criticized reported United States demands aimed at reshaping Venezuela’s oil partnerships, calling the move an act of coercion that violates both national sovereignty and international law. Beijing’s response follows media reports that Washington has sought exclusive control over Venezuela’s oil sector as part of its political and economic engagement with the South American nation. Speaking at a regular press briefing, Chinese Foreign Ministry spoke

Global Conflicts

Oil, power and principle: how Guyana reshaped US policy toward Venezuela

For decades, the United States has presented itself as a global guardian of democracy and international law, drawing legitimacy from its own origins in resistance to unchecked authority. Its constitutional structure was designed to restrain executive power, particularly in decisions involving war and foreign intervention. Yet the conduct of contemporary US foreign policy increasingly reflects a different reality, one in which strategic interests and economic leverage often shape moral languag

Global Conflicts

06 Jan 2026 13:47 PM 201 views

Oil, power and principle: how Guyana reshaped US policy toward Venezuela

For decades, the United States has presented itself as a global guardian of democracy and international law, drawing legitimacy from its own origins in resistance to unchecked authority. Its constitutional structure was designed to restrain executive power, particularly in decisions involving war and foreign intervention. Yet the conduct of contemporary US foreign policy increasingly reflects a different reality, one in which strategic interests and economic leverage often shape moral languag

Global Conflicts

US welcomes India’s SHANTI Bill 2025, signals boost to civil nuclear cooperation

Global News

22 Dec 2025 12:54 PM 289 views

US welcomes India’s SHANTI Bill 2025, signals boost to civil nuclear cooperation

Global News

India seals historic US LPG import contract for 2026 supply

India has signed its first structured, long-term contract to import liquefied petroleum gas from the United States, marking what government officials describe as a major turning point in the country’s energy sourcing strategy. The announcement comes at a time when global energy markets remain highly volatile and nations are increasingly seeking diversified, stable supply lines. According to the Ministry of Petroleum and Natural Gas, the agreement will help safeguard India’s fuel supply du

Finance & Economics

17 Nov 2025 07:08 AM 260 views

India seals historic US LPG import contract for 2026 supply

India has signed its first structured, long-term contract to import liquefied petroleum gas from the United States, marking what government officials describe as a major turning point in the country’s energy sourcing strategy. The announcement comes at a time when global energy markets remain highly volatile and nations are increasingly seeking diversified, stable supply lines. According to the Ministry of Petroleum and Natural Gas, the agreement will help safeguard India’s fuel supply du

Finance & Economics

India confirms US sanctions will not impact Chabahar Port project in Iran

New Delhi: India’s Ministry of External Affairs (MEA) has clarified that the American sanctions imposed on Iran will not affect the Chabahar Port project, a critical component of India’s regional connectivity and trade strategy. The confirmation underscores New Delhi’s commitment to maintaining strategic investments in the port, even as it continues its dialogue with the United States on broader trade and diplomatic issues. The Chabahar Port, located on Iran’s southeastern c

Finance & Economics

30 Oct 2025 07:08 AM 357 views

India confirms US sanctions will not impact Chabahar Port project in Iran

New Delhi: India’s Ministry of External Affairs (MEA) has clarified that the American sanctions imposed on Iran will not affect the Chabahar Port project, a critical component of India’s regional connectivity and trade strategy. The confirmation underscores New Delhi’s commitment to maintaining strategic investments in the port, even as it continues its dialogue with the United States on broader trade and diplomatic issues. The Chabahar Port, located on Iran’s southeastern c

Finance & Economics

India Stands Firm Amid U.S. Pressure on Russian Oil

India is once again at the center of global diplomatic attention after former U.S. President Donald Trump claimed that Prime Minister Narendra Modi had agreed to halt Russian oil imports. The Indian government swiftly denied the statement, emphasizing that its energy decisions are made independently and based solely on national interest. This move highlights New Delhi’s determination to maintain strategic autonomy amid increasing international pressure. Over the past two years

Political News

17 Oct 2025 12:25 PM 273 views

India Stands Firm Amid U.S. Pressure on Russian Oil

India is once again at the center of global diplomatic attention after former U.S. President Donald Trump claimed that Prime Minister Narendra Modi had agreed to halt Russian oil imports. The Indian government swiftly denied the statement, emphasizing that its energy decisions are made independently and based solely on national interest. This move highlights New Delhi’s determination to maintain strategic autonomy amid increasing international pressure. Over the past two years

Political News

Rupee strengthens despite Trump’s tariff hike on Indian exports over Russian oil

A diplomatic and economic row is deepening between India and the United States after US President Donald Trump imposed a steep increase in tariffs on Indian exports. Just one day after the announcement, the Indian rupee showed early signs of resilience, rising 3 paise to open at 87.69 against the US dollar in the currency market. The modest strengthening of the rupee comes even as the broader trade implications of the new US measures are expected to weigh heavily on the Indian economy in the

Finance & Economics

07 Aug 2025 00:24 AM 514 views

Rupee strengthens despite Trump’s tariff hike on Indian exports over Russian oil

A diplomatic and economic row is deepening between India and the United States after US President Donald Trump imposed a steep increase in tariffs on Indian exports. Just one day after the announcement, the Indian rupee showed early signs of resilience, rising 3 paise to open at 87.69 against the US dollar in the currency market. The modest strengthening of the rupee comes even as the broader trade implications of the new US measures are expected to weigh heavily on the Indian economy in the

Finance & Economics

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#energysecurity

Gulf Nations: India's Next Big Trade Market, Mega FTA Deal in Progress

Gulf Nations: India's Next Big Trade Market, Mega FTA Deal in Progress

India and US near historic trade pact as tariff cuts and mineral ties advance

India and US near historic trade pact as tariff cuts and mineral ties advance

Russia questions India’s pledge to stop Russian crude after U.S. tariff agreement

Russia questions India’s pledge to stop Russian crude after U.S. tariff agreement

India and US review strategic cooperation in Jaishankar–Rubio conversation

India and US review strategic cooperation in Jaishankar–Rubio conversation

Sergio Gor assumes charge as US ambassador to India, outlines trade talks and Pax Silica invite

Sergio Gor assumes charge as US ambassador to India, outlines trade talks and Pax Silica invite

US plans to control Venezuela oil sales as Rubio outlines leverage over interim leaders

US plans to control Venezuela oil sales as Rubio outlines leverage over interim leaders

US–Venezuela crisis – China condemns US pressure on Venezuela oil ties, calls it violation of sovereignty

US–Venezuela crisis – China condemns US pressure on Venezuela oil ties, calls it violation of sovereignty

Oil, power and principle: how Guyana reshaped US policy toward Venezuela

Oil, power and principle: how Guyana reshaped US policy toward Venezuela

US welcomes India’s SHANTI Bill 2025, signals boost to civil nuclear cooperation

US welcomes India’s SHANTI Bill 2025, signals boost to civil nuclear cooperation

India seals historic US LPG import contract for 2026 supply

India seals historic US LPG import contract for 2026 supply

India confirms US sanctions will not impact Chabahar Port project in Iran

India confirms US sanctions will not impact Chabahar Port project in Iran

India Stands Firm Amid U.S. Pressure on Russian Oil

India Stands Firm Amid U.S. Pressure on Russian Oil

Rupee strengthens despite Trump’s tariff hike on Indian exports over Russian oil

Rupee strengthens despite Trump’s tariff hike on Indian exports over Russian oil

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What to Check Before Buying a Second-Hand Car: A Complete Buyer’s Guide

Why NRIs Should Buy Health & Term Insurance in India: GST Refund, Tax Benefits & Secure Coverage

Texas Original opens large-scale medical cannabis facility as compassionate use program expands

World’s largest wealth fund urges EU to simplify regulation for capital markets reform

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