Latest news with #1
NDTV
15 hours ago
- Business
- NDTV
PM Modi Lands In UK, Long-Awaited Free Trade Deal Expected Today: 10 Points
The free trade agreement is India's first major bilateral trade agreement with a developed economy in over a decade. A 10-point cheat sheet on the free trade agreement to be signed by India and the UK The free trade agreement between India and the UK will be signed during Prime Minister Narendra Modi's visit to London on July 24. Commerce and Industry Minister Piyush Goyal will accompany the prime minister. The two countries announced the conclusion of the negotiations for the trade agreement on May 6, after three years of negotiations. The trade agreement proposes to remove taxes on the export of labour-intensive products such as leather, footwear and clothing, while making imports of whisky and cars from Britain cheaper, in an effort to double trade between the two economies to USD 120 billion by 2030. After the free trade agreement is signed by the commerce ministers from both countries, it will require approval from the British Parliament before coming into effect, as the Indian cabinet has already given its consent to the deal. Britain is the sixth-largest investor in India with investments of around $36 billion. There are 1,000 Indian companies in the country, with 1,00,000 employees, with a total of $2 billion investment. 99% of Indian products will receive duty-free access to the UK market, covering nearly all of India's current trade value. Apart from the free trade agreement, the biggest the UK has done since leaving the European Union, the two sides also sealed a double contribution convention. It provides for exemption for employers of Indian workers from paying social security contributions in the UK. India's exports to the U.K. rose by 12.6% to $14.5 billion, while imports grew by 2.3% to $8.6 billion in 2024-25. The bilateral trade between India and the U.K. increased to $21.34 billion in 2023-24 from $20.36 billion in 2022-23. From London, PM Modi will travel to the Maldives at the invitation of President Mohamed Muizzu in what is being seen as a breakthrough in the ties between the two countries following a spell of frostiness under Mr Muizzu.
South Wales Guardian
2 days ago
- Sport
- South Wales Guardian
Charles ‘working on' producing a contender for the Derby
Charles's comment came when he and the Queen visited the Jockey Club Rooms in Newmarket, after touring the nearby National Stud. There they met the stallion Stradivarius, the champion stayer who retired to take up breeding duties after accruing over £3million in prize-money across 20 victories, including three Gold Cups at Royal Ascot. The couple went on a meet and greet with the public after more than 1,000 people flocked to the Suffolk town's centre and the King, who is receiving ongoing cancer treatment, spoke about his health. Lee Harman, 54, from Bury St Edmunds, said: 'I asked him how he was, and he said he was feeling a lot better now and that it was 'just one of those things'.' After telling Charles about his own cancer issues, Mr Harman said: 'He asked me how I was and I said 'I'm all good', I got the all clear from cancer last year.' Thoroughbreds owned by the late Queen won four out of the five Flat racing classics – the 1,000 Guineas and 2,000 Guineas, the Oaks twice and the St Leger – with only the Derby eluding her. Now it appears the King, who took on Elizabeth II's stable of horses with his wife, is aiming to have a thoroughbred ready for the premier Classic, having had Desert Hero finish third in the 2023 running of the St Leger at Doncaster. As he toured the Jockey Club Rooms, a retreat for members and the public, he chatted to his racing manager John Warren, Jockey Club staff and members, and some of the chairs of racecourses run by the club, which include Newmarket, Epsom, Aintree and Cheltenham. Brian Finch, chairman of Epsom Downs Racecourse, said after speaking to the King: 'We were talking about him getting a Derby runner and he said 'we're working on it'. 'Everybody is hoping the royal family will have a Derby winner soon.'
Powys County Times
2 days ago
- Sport
- Powys County Times
Charles ‘working on' producing a contender for the Derby
The King has said he is working on producing a runner for one of the greatest spectacles in the racing calendar – the Derby. Charles's comment came when he and the Queen visited the Jockey Club Rooms in Newmarket, the heart of the horse racing industry, after touring the nearby National Stud. The couple went on a meet and greet with the public after more than a 1,000 people flocked to the Suffolk town's centre and the King, who is receiving ongoing cancer treatment, spoke about his health. Lee Harman, 54, from Bury St Edmunds, said: 'I asked him how he was, and he said he was feeling a lot better now and that it was 'just one of those things'.' After telling Charles about his own cancer issues, Mr Harman said: 'He asked me how I was and I said 'I'm all good', I got the all clear from cancer last year.' Thoroughbreds owned by the late Queen won four out of the five flat racing classics – the 1,000 Guineas and 2,000 Guineas, the Oaks twice and the St Leger – with only the Derby eluding her. Now it appears the King, who took on Elizabeth II's stable of horses with his wife, is aiming to have a thoroughbred ready. As he toured the Jockey Club Rooms, a retreat for members and the public, he chatted to his racing manager John Warren, Jockey Club staff and members, and some of the chairs of racecourses run by the club, which include Newmarket, Epsom, Aintree and Cheltenham. Brian Finch, chairman of Epsom Downs Racecourse, home to the world-famous Derby, said after speaking to the King: 'We were talking about him getting a Derby runner and he said 'we're working on it'. 'Everybody is hoping the royal family will have a Derby winner soon.' Earlier when the royal couple met well-wishers in Newmarket town centre, Charles was questioned by a member of the anti-monarchy group Republic – who was among the crowds. In a video released by the organisation, a man can be heard asking the King: 'Why does your family cost us half a billion pounds a year Charles?' – a reference to claims made in a Republic report released last year, but the King does not respond directly only saying 'ah yes' and moving on. The royal couple had begun their day by touring the National Stud, part of the Jockey Club Group, that offers stud services to the racing industry. They were shown four resident stallions including Stradivarius, who has career earnings of more than £3.4 million and won three successive Gold Cup victories at Royal Ascot.
North Wales Chronicle
2 days ago
- Sport
- North Wales Chronicle
Charles ‘working on' producing a contender for the Derby
Charles's comment came when he and the Queen visited the Jockey Club Rooms in Newmarket, after touring the nearby National Stud. There they met the stallion Stradivarius, the champion stayer who retired to take up breeding duties after accruing over £3million in prize-money across 20 victories, including three Gold Cups at Royal Ascot. The couple went on a meet and greet with the public after more than 1,000 people flocked to the Suffolk town's centre and the King, who is receiving ongoing cancer treatment, spoke about his health. Lee Harman, 54, from Bury St Edmunds, said: 'I asked him how he was, and he said he was feeling a lot better now and that it was 'just one of those things'.' After telling Charles about his own cancer issues, Mr Harman said: 'He asked me how I was and I said 'I'm all good', I got the all clear from cancer last year.' Thoroughbreds owned by the late Queen won four out of the five Flat racing classics – the 1,000 Guineas and 2,000 Guineas, the Oaks twice and the St Leger – with only the Derby eluding her. Now it appears the King, who took on Elizabeth II's stable of horses with his wife, is aiming to have a thoroughbred ready for the premier Classic, having had Desert Hero finish third in the 2023 running of the St Leger at Doncaster. As he toured the Jockey Club Rooms, a retreat for members and the public, he chatted to his racing manager John Warren, Jockey Club staff and members, and some of the chairs of racecourses run by the club, which include Newmarket, Epsom, Aintree and Cheltenham. Brian Finch, chairman of Epsom Downs Racecourse, said after speaking to the King: 'We were talking about him getting a Derby runner and he said 'we're working on it'. 'Everybody is hoping the royal family will have a Derby winner soon.'
Daily Mirror
2 days ago
- Entertainment
- Daily Mirror
King and Queen ‘working on' finding an elusive first Royal Epsom Derby winner
The King made the disclosure during a visit to Newmarket with the Queen when the couple took in a tour of the National Stud and the Jockey Club Rooms King Charles has given a clear hint he is committed to horse racing in the long term by revealing, 'We're working on' trying to unearth a horse capable of winning the Epsom Derby in the royal colours. The King was widely believed not to share his mother Queen Elizabeth II's passion for the sport when he inherited the royal racehorse string on her death in 2022. But though there was some culling of the number of horses in training, the ones he and the Queen have kept have delivered 27 Flat wins, including Royal Ascot winner Desert Hero who became their first Classic runner in the 2023 St Leger, which have earned over £760,000. Charles and Camilla visited the centre of the racing industry on Tuesday when they spent time at the Jockey Club Rooms and toured the nearby National Stud in Newmarket. The couple went on a meet and greet with the public after more than a 1,000 people flocked to the Suffolk town's centre and the King, who is receiving ongoing cancer treatment. Thoroughbreds owned by the late Queen won four out of the five flat racing classics - the 1,000 Guineas and 2,000 Guineas, the Oaks twice and the St Leger - with only the Derby eluding her. She came closest to winning the historic race just four days after her coronation when she attended her first Derby as reigning monarch to see Aureole, bred by the Queen's late father, King George VI, finished second. Her last runner Carlton House went off a hotly fancied 5-2 favourite for the famous Classic but the colt finished third after losing a shoe during the race. As he toured the Jockey Club Rooms, a retreat for members and the public, he chatted to his racing manager John Warren, Jockey Club staff and members, and some of the chairs of racecourses run by the club, which include Newmarket, Epsom, Aintree and Cheltenham. Brian Finch, chairman of Epsom Downs Racecourse, home to the world-famous Derby, said after speaking to the King: "We were talking about him getting a Derby runner and he said 'we're working on it'. "Everybody is hoping the royal family will have a Derby winner soon."
