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India-UK Carbon Tax Clash Amid Trade Talks Why in the News ? India has warned of retaliation if the UK introduces its Carbon Border Adjustment Mechanism (CBAM) without granting India’s demand for a carve-out in the free trade agreement (FTA), citing adverse impact on Indian exports and MSMEs. Concerns Over UK’s Proposed Carbon Tax: The …
Read MoreIndia-UK FTA Raises Concerns for Medical Device Sector Why in the News ? The proposed India-UK Free Trade Agreement (FTA) has alarmed domestic medical device manufacturers, who fear that Chinese products may gain duty-free access to Indian markets via the UK, bypassing tariffs and undermining India’s medtech ecosystem. Concerns over Chinese Backdoor Entry Domestic manufacturers …
Read MoreIndia Shapes Global Order Syllabus GS 2: India and its Neighbourhood Why in the News? Recently, India stands at a global economic and strategic turning point amid the breakdown of old multilateral institutions, rising Asian dominance, and shifting global value chains post-WTO and globalization. Introduction India is at a turning point in global affairs, just …
Read MoreWhy in the news? India and ASEAN reviewed trade relations at the 21st AEM-India meeting, discussing the ASEAN-India Trade in Goods Agreement and India’s push for equitable tariff reforms. About 21st ASEAN-India Economic Ministers Meeting Held in Lao PDR: Commerce and Industry Minister Shri Piyush Goyal co-chaired the 21st ASEAN-India Economic Ministers (AEM-India) meeting with …
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