The proposed India-European Union FTA is expected to cover nearly one-third of global trade and impact around 2 billion people making it one of the world’s largest trade pacts.

S&P Global on Wednesday lowered India’s GDP growth projection for the current financial year to 6.6 per cent from its earlier estimate of 7.1 per cent.

The domestic share market traded on a negative note in a highly volatile session on Thursday.

President of Vietnam To Lam has emphasised that India and Vietnam together have a significant opportunity to play a pivotal role in the global supply chain.

India and the US are “very, very close” to signing the trade deal and need to get over “that last hurdle”, US Deputy Secretary of State said.

India has emerged as the most resilient large emerging market economy since 2020 and is well positioned to withstand future global shocks,says Moody's.