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By Kirti Srinivasan , 10 May 2025
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India-UK Free Trade Agreement: Negotiations Continue Amid Key Issues

Negotiations between India and the UK for a proposed Free Trade Agreement (FTA) are still ongoing, with unresolved issues delaying a final agreement. While the two countries had hoped to conclude talks in late April, differences over several key points have kept the discussions open. The primary issues under discussion include a sunset clause in the Bilateral Investment Treaty (BIT), the UK’s new carbon tax, and data localization concerns.

Tags

  • Trade
  • Economy
By Shilpa Reddy , 8 May 2025

HCLTech Secures Strategic Multi-Year IT Partnership with UK’s Taylor Wimpey to Drive Digital Transformation

Indian technology powerhouse HCLTech has announced a multi-year strategic agreement with Taylor Wimpey, one of the United Kingdom’s largest residential developers. The deal positions HCLTech as the exclusive technology partner to modernize the homebuilder’s entire IT infrastructure. Through the deployment of cutting-edge artificial intelligence, data services, and automation tools, HCLTech will accelerate Taylor Wimpey’s digital transformation journey.

Tags

  • Technology Sector
By Vinod Pathak , 29 April 2025
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Piyush Goyal’s Diplomatic Visit to Strengthen India’s Trade Ties with UK, Norway and the EU

On April 28, Commerce and Industry Minister Piyush Goyal embarked on a five-day visit to London, Oslo, and Brussels to further India's trade and investment relations with the UK, Norway, and the European Union (EU). The trip is crucial, with negotiations on a proposed free trade agreement (FTA) between India and the UK entering the final stages. Additionally, the visit comes on the heels of India’s comprehensive free trade agreement with the European Free Trade Association (EFTA) and ongoing talks for an FTA with the EU, which is progressing swiftly.

Tags

  • Economy
By Kirti Srinivasan , 29 April 2025
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Virat Kohli’s IPL Form and Relocation Speculations: Balancing Career, Family, and Privacy

Virat Kohli’s on-field brilliance continues to shine in IPL 2025, with the cricketer nearing 400 runs and securing a top spot in the Orange Cap race. However, off the field, the spotlight has shifted to speculation surrounding his personal life, particularly his and wife Anushka Sharma's rumored move to London. After the birth of their second child, the couple has been spotted frequently in the UK, sparking discussions about their desire for a more private life away from the constant media scrutiny in India.

Tags

  • Sports
  • Cricket
By Vinod Pathak , 28 April 2025
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India-UK Free Trade Agreement: Progressing Towards Finalization to Strengthen Bilateral Economic Ties

India and the United Kingdom have taken significant steps forward in negotiations for their proposed Free Trade Agreement (FTA), aimed at deepening bilateral economic relations. During his two-day visit to London, Indian Commerce and Industry Minister Piyush Goyal met with UK officials to expedite discussions on this landmark deal. As the talks reach their final stages, both nations are working through the remaining hurdles to finalize terms that will ease trade barriers and foster mutual growth.

Tags

  • Trade
  • Economy
By Shilpa Reddy , 27 April 2025
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India Powers Reckitt's Growth as FMCG Giant Bets Big on Emerging Markets

British consumer goods conglomerate Reckitt is projecting sustained and robust volume growth in India for the remainder of 2025, underpinned by the impressive performance of its key hygiene and health brands. CEO Kris Licht emphasized the strategic importance of India and China during the company’s latest earnings call, highlighting both as pivotal growth drivers in Reckitt’s emerging markets portfolio. India, in particular, posted high single-digit growth in the first quarter, buoyed by standout performances from flagship products like Dettol and Harpic.

Tags

  • FMCG Sector
By Manbir Sandhu , 21 April 2025
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India-UK Free Trade Agreement Nears Final Stages Amid Economic Diplomacy

The proposed Free Trade Agreement (FTA) between India and the UK is rapidly progressing towards its final stages, with both nations working to resolve remaining issues. Key areas under discussion include a Bilateral Investment Treaty (BIT) and dispute resolution mechanisms. The 13th Ministerial India-UK Economic and Financial Dialogue (EFD), led by Finance Minister Nirmala Sitharaman and UK Chancellor Rachel Reeves, concluded on a positive note, signaling an imminent conclusion of negotiations.

Tags

  • Economy
  • Trade
By Gurminder Mangat , 21 April 2025
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UK and US Move Closer to Trade Accord Amid Global Geopolitical Tensions

British Prime Minister Keir Starmer and U.S. President Donald Trump have engaged in what Downing Street described as "productive" dialogue surrounding the advancement of a comprehensive UK-U.S. trade agreement. Their recent phone conversation covered key bilateral concerns, including transatlantic tariffs, global security issues such as the Russia-Ukraine conflict, and U.S. military operations in Yemen. The trade pact discussions come as both nations navigate economic pressures and shifting geopolitical dynamics.

Tags

  • Economy
By Manbir Sandhu , 19 April 2025
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AI Surge Drives Data Center Expansion, Sustainability Struggles Loom in India

As artificial intelligence adoption accelerates globally, a new industry report reveals that 94.5% of data center professionals anticipate a substantial rise in storage demand, posing mounting challenges to sustainability and operational efficiency. In India—a rapidly growing digital economy—this tension is particularly pronounced. While data storage needs expand exponentially, power efficiency improvements are lagging. The "Decarbonising Data" report by Seagate Technology underscores the urgent need for balance between digital growth and environmental responsibility.

Tags

  • AI
  • Technology Sector
By Gurminder Mangat , 16 April 2025
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Piyush Goyal's European Tour: Strengthening Trade Ties and Advancing Economic Diplomacy

Indian Commerce and Industry Minister Piyush Goyal is set to visit two European nations later this month, leading a business delegation with the goal of deepening trade and investment relations. This visit follows India’s landmark free trade agreement (FTA) with the European Free Trade Association (EFTA) signed in March 2024. The agreement, which is expected to come into effect soon, promises substantial investment commitments and tariff reductions on key products.

Tags

  • Economy

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