TRADE COLLABORATION
People centric development must extend beyond New Delhi: CRF
Chintan Research Foundation (CRF) celebrated its first Foundation Day in New Delhi, emphasizing people-centric development beyond Delhi. Pranav Adani highlighted the crucial role of think tanks in India's development, advocating for growth measured by improved lives. Speakers stressed the need for collaboration, objectivity, and data-driven solutions to address policy challenges, particularly in climate change, energy transition, and geopolitics.
India emerging as major science and tech force, says UK minister at London innovation forum
Britain aims to strengthen science and technology ties with India. Lord Patrick Vallance emphasized collaboration and talent mobility. The UK's upcoming Industrial Strategy will guide this partnership. Piyush Goyal highlighted the Free Trade Agreement's benefits. Lord Ara Darzi praised India's health solutions. Indian start-ups showcased innovations, with Zypp Electric winning the Clean Tech Award.
HCL Tech shares in focus after partnership with US energy firm Just Energy
HCL Technologies shares will be in focus after the company signed a partnership with US-based Just Energy to deliver generative AI-powered digital process outsourcing solutions. This collaboration aims to improve operations across IT, finance, analytics, and customer care. It is HCLTech’s second major energy sector deal this week, following a tie-up with European giant E.ON.
Trump drops claim of brokering India-Pakistan peace
President Trump acknowledged Prime Minister Modi and Pakistan Army chief Asim Munir for de-escalating the India-Pakistan conflict, moving away from his previous claims of personal intervention. Discussions with Munir also included the Iran situation, hinting at potential US-Pakistan collaboration in the Persian Gulf region. This meeting, the first of its kind in decades, signals a possible shift in US-Pakistan relations.
UK sees record 23 pc surge in number of Indian-owned businesses; revenue hits GBP 72.14 billion
The combined revenues reported by Indian-owned companies in the UK increased to GBP 72.14 billion from GBP 68.09 billion in 2024, showed the latest annual 'India Meets Britain Tracker', an analysis by global financial advisory firm Grant Thornton in collaboration with industry body CII (Confederation of Indian Industry).
Focused on doing trade deals to complement, not compete: Piyush Goyal
Piyush Goyal emphasized India's strategic shift towards trade agreements with complementary economies, citing deals with the UK, Australia, and the UAE. He highlighted the UK-India FTA's potential to boost science, technology, and innovation, fostering collaboration and trust.
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Need to track green hydrogen utilisation: MNRE secretary
India is developing a plan to track the use of green hydrogen and establish global partnerships for its export, according to Santosh Kumar Sarangi. Traceability is crucial to determine if steel production uses green or grey hydrogen. Concessions for green hydrogen exports will be considered in trade agreements, including the India-EU FTA, to promote its adoption.
DPIIT partners with digital platform YourStory to empower 1 million entrepreneurs under Bharat Project
According to the Ministry of Commerce and Industry, this partnership aligns with DPIIT's vision of fostering grassroots entrepreneurship and supporting emerging talent across Tier II, Tier III, and rural India.
UK-India Week hears how FTA concluded over ice creams in London's Hyde Park
India and the UK finalized Free Trade Agreement negotiations. Piyush Goyal and Jonathan Reynolds concluded the deal during a walk in London. The FTA is expected to double annual bilateral trade to USD 120 billion by 2030. Goyal addressed concerns about the DCC pact and temporary workers.
Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector
Minister Shripad Yesso Naik urged industry leaders to invest in Green Hydrogen, emphasizing its potential for energy security and reduced reliance on fossil fuels. India aims to become a global Green Hydrogen hub through international partnerships and domestic initiatives like the SIGHT program. Sumant Sinha highlighted the need for subsidies and addressing cost challenges to achieve net-zero goals by 2070.
Tata Technologies shares rise 2% after Volvo Cars picks firm as strategic engineering supplier
Tata Technologies announced that the partnership will cover key domains such as product engineering, vehicle systems and component design, embedded software, and Product Lifecycle Management (PLM) solutions.
Sensex falls over 100 pts, Nifty below 24,800; IT, banking stocks drag on Fed cues
For the third consecutive day, Indian stock markets opened on a downward trend, with notable declines in IT and banking sectors. Investors are reacting to the latest cues from the US Federal Reserve, which suggest a more cautious approach to rate cuts than previously anticipated.
Indo-Canada ties hit the mark after Modi-Carney parleys
Prime Minister Modi and Canadian Prime Minister Carney have agreed to reset bilateral relations through the reinstatement of high commissioners, following their meeting at the G7 summit. They emphasized shared democratic values and the need for a constructive partnership, addressing concerns like Khalistani extremism.
Modi-Carney talks: India, Canada agree to post envoys; restore stability in ties
Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney have agreed to restore stability in India-Canada relations, including the early return of envoys. Discussions during the G7 summit focused on rebuilding trust through ministerial engagements and trade negotiations. Both leaders emphasized shared values and the importance of addressing concerns, aiming for a constructive partnership and economic cooperation.
Reliance Infra's arm partners with Dassault aviation to manufacture Falcon 2000 in India; first delivery expected in 2028
Dassault Aviation and Reliance Aerostructure will manufacture Falcon 2000 business jets in India. This marks Dassault's first Falcon assembly outside France. The 'Made in India' Falcon 2000 jet is scheduled for flight by 2028. The assembly will take place at Dassault Reliance Aerospace Limited in Nagpur. Reliance Infra shares rose 5 percent.
India-UK FTA: Piyush Goyal in London to discuss trade expansion, investment roadmap
Commerce and Industry Minister Piyush Goyal is in London to advance the India-UK Free Trade Agreement, aiming to eliminate duties on key exports and imports. Discussions with UK officials will focus on finalizing the FTA, boosting trade and investment, and doubling trade to USD 120 billion by 2030.
OnePlus begins production of Made in India IoT devices with Optiemus Electronics
Optiemus Electronics has partnered with OnePlus to manufacture premium IoT devices, including TWS earbuds and wireless neckbands, in India. Production has commenced with the OnePlus Bullets Wireless Z3 at Optiemus' facility. This collaboration aims to increase localisation, reduce costs, and strengthen OnePlus' presence in the Indian market through Project Starlight.
Glenmark gets five observations from USFDA for Monroe plant
Glenmark Pharmaceuticals announced that its Monroe, North Carolina manufacturing plant received a Form 483 with five observations from the USFDA following a GMP inspection conducted in June 2025. The company stated that the observations are procedural and don't involve data integrity issues. Glenmark is committed to addressing the concerns and will respond to the USFDA within the required timeframe.
Gurugram B-school puts Rs 40 lakh in MBA students' hands to trade real markets
Masters' Union in Gurugram is pioneering a new approach to business education by launching a Rs 40 lakh student-managed trading fund. Beginning August 2025, MBA students in the PGP-CMT program will actively trade in real markets across eight asset classes.
India, Cyprus 'unequivocally' condemn terrorism; agree to deepen defence, security cooperation
Cyprus has pledged its unwavering support to India in combating cross-border terrorism, as both nations strongly condemned terrorism in all forms, following discussions between Prime Minister Modi and President Christodoulides. They emphasized a zero-tolerance approach to terrorism, urging accountability for perpetrators, particularly in light of the recent attacks in Jammu & Kashmir.
ENBEE Trade and Finance partners with Sunrise FinServe to boost loan disbursals
ENBEE Trade and Finance has partnered with Sunrise FinServe to improve loan disbursement efficiency and scalability, particularly in Maharashtra and Gujarat. This alliance aims to leverage Sunrise FinServe's expertise and distribution network to strengthen ENBEE's lending processes and accelerate growth in retail lending.
70% vaccines sourced by WHO, 14% generics imported by US are from India: Minister
Union Minister Anupriya Patel highlighted India's significant role in global healthcare, noting that 70% of WHO's vaccines and 14% of US-imported generics originate from India. She emphasized India's commitment to affordable medicines through initiatives like Jan Aushadhi Kendras. Patel also mentioned India's 'Vaccine Maitri' initiative and the recognition of Indian Pharmacopeia by 15 countries, promoting global health equity.
India, Cyprus expand ties in financial sector, create trilateral with Greece for business promotion
Prime Minister Modi and the President of Cyprus convened a roundtable with business leaders, emphasizing India's economic transformation and opportunities for Cypriot companies. Discussions highlighted India's growth in sectors like aviation, shipping, and digital payments. Agreements were forged to enhance financial services and cross-border payments, fostering stronger economic ties and trilateral cooperation.
Kashmir map row: Israel Military fixes J&K map error, posts correct version after criticism
The Israel Defense Forces (IDF) initially depicted Jammu and Kashmir as part of Pakistan in a map, triggering strong reactions from Indian netizens. The IDF acknowledged the error and issued a revised graphic showing Kashmir as Indian territory. However, discrepancies remain regarding the depiction of India's northeastern boundaries, even though India and Israel share strong military and trade relations.
Indian duo awarded New Zealand Order of Merit for work in tech and community
Sunit Prakash and Lalita Kasanji receive New Zealand Order of Merit. They are recognised for contributions to digital technology and community development. They co-founded the New Zealand Centre for Digital Connections with India. Their work promotes technology collaboration between both countries. Prakash and Kasanji's efforts highlight the growing impact of the Indian diaspora.
German utility RWE and tech giant Amazon announce partnership
German utility RWE and Amazon have formed a strategic partnership, exchanging clean energy from RWE’s wind and solar projects for Amazon’s AI and cloud services. The deal supports Amazon’s green energy goals and RWE’s digital transformation, with plans to expand collaboration in renewables, data centers, and energy-focused AI development.
TotalEnergies forms AI partnership with French startup Mistral
TotalEnergies has partnered with French AI startup Mistral to develop digital tools aimed at boosting energy efficiency, reducing emissions, and improving operations. The collaboration includes creating an AI assistant for project development and customer support, reinforcing Europe’s technological ecosystem and Total’s ongoing AI integration efforts.
Trump is pushing allies away and closer into each other's arms
Amidst escalating tensions with the U.S. under President Trump, traditional American allies like Britain, France, Canada, and Japan are forging stronger alliances. These 'middle powers' are pursuing independent trade deals, military collaborations, and diplomatic initiatives, sometimes excluding the U.S. This shift is evident as nations seek to diversify partnerships, aiming for less reliance on America while preserving established relationships.
Indian and Swiss business chambers sign strategic partnership agreement to boost trade relations
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Swissmem have signed a three-year partnership. The goal is to boost business ties between India and Switzerland. The agreement focuses on trade, technology transfer, and investment. It will help companies in both countries. The partnership includes market intelligence sharing and joint ventures. Trade missions and workshops are also planned.
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