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India-UK FTA set to boost bilateral trade by £25.5 billion annually: British High Commission official
India-UK FTA set to boost bilateral trade by £25.5 billion annually: British High Commission official

Time of India

time4 hours ago

  • Business
  • Time of India

India-UK FTA set to boost bilateral trade by £25.5 billion annually: British High Commission official

Deputy Trade Commissioner for South Asia at the British High Commission , Anna Shotbolt has said that the India-UK Free Trade Agreement is projected to increase bilateral trade between the two countries by £25.5 billion annually. She highlighted that under this FTA, there are provisions for tariff reductions on 90 per cent of traded goods between the two countries. Explore courses from Top Institutes in Select a Course Category Healthcare Finance Design Thinking Degree Leadership Management MCA Project Management Artificial Intelligence Data Science Public Policy Digital Marketing Operations Management Data Analytics PGDM others Product Management Others Data Science healthcare Cybersecurity MBA CXO Technology Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details "However, it is not only about tariffs , which are indeed a crucial aspect that will benefit many industries. Creative companies will also benefit through stronger copyright protections, and the services sector will see gains as well. The Double Contributions Convention (DCC) will also help workers on both sides, creating more transparency and certainty," she said at an event organised by industry body PHDCCI in the national capital recently, as was quoted in a PHDCCI statement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Seniors Are Snapping Up This TV Box, We Explain! Techno Mag Learn More The India-UK Free Trade Agreement (FTA), was announced on May 6 after nearly three years of negotiations, is one of the most comprehensive free trade agreements ever entered into by India. Ranjeet Mehta, CEO and Secretary General, PHDCCI, emphasised the importance of the social security clause that supports Indian professionals going to the UK and said that India must take advantage of this FTA. Live Events As PHDCCI celebrates 120 years of its legacy, Mehta said they plan to mount a business delegation to the UK this September, as "we are keen to explore the opportunities this agreement presents", added Mehta. "India's vision of net zero by 2070 also requires businesses, especially MSMEs to be sustainable and technologically equipped. Whether in services or products, India should collaborate more with the UK, which presents a large market for Indian MSMEs," he said. TS Vishwanath, Founder and Executive Chairman, VeK Policy Advisory and Resource Firm, said that the FTA is not just about trade but about building bilateral expertise. "We should seriously explore how both countries can invest in each other through a strong EODB environment. We must engage directly with industries to identify challenges and build robust relationships." Kishore Jayaraman, OBE, Global Board Director and Chairman India, UK India Business Council, stated that this is beginning of a new era, the FTA enables both nations to leverage their capacities and capabilities. "Beyond trade, we must also explore sectoral synergies, as India has the potential to significantly contribute to the economy of both nations," he added. Ajay Aggarwal, President, Toy Association of India, pointed out major areas where Indian businesses can benefit in the UK market. Elaborating about the Toy industry which is growing rapidly and has shifted from being import-dependent to now producing around 80 per cent domestically, he emphasised that there is enormous scope for collaboration. (ANI)

Exploring Nelson Mandela's legacy: Insights from the 8th annual lecture in India
Exploring Nelson Mandela's legacy: Insights from the 8th annual lecture in India

IOL News

time2 days ago

  • Politics
  • IOL News

Exploring Nelson Mandela's legacy: Insights from the 8th annual lecture in India

Nelson Mandela Image: File / Independent Newspapers Speakers were at a loss for words on how to describe Nelson Mandela to future generations during the Nelson Mandela 8th Annual Lecture, held in India, on Friday. The lecture was organised by the India International Centre, South African High Commission and the Working Group on Alternative Strategies. The Nelson Mandela International Day 2025 was celebrated under the theme: It's still in our hands to combat poverty and inequity. Sedula Mamabolo, Counsellor at the South African High Commission in New Delhi, said the theme is a call to action that reminds us that Mandela's legacy is not confined to history. 'It is a living challenge to each one of us. Mandela was not only a statesman but a symbol of ethical resistance. A man who taught us that reconciliation is not weakness but wisdom,' Mamabolo stated. Suhas Borker, Convener of the Working Group on Alternative Strategies, said Mandela was a role model for people in India because he was rooted in his actions, character, and impact. Borker said that Mandela's humility and service-oriented leadership inspired ethical governance 'His perseverance inspires us to face adversity with strength. He was committed to racial equality and justice in his leadership role in dismantling institutionalised racism. He prioritised unity over revenge, establishing the Truth and Reconciliation Commission to heal the nation's wounds,' Borker said. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Anand Grover, senior advocate at the Supreme Court of India and human rights activist addressed how Mandela viewed violence and whether it was justifiable ethically by the oppressed people of South Africa. 'In India, we've had a rich history of how violence has been used and treated, whether it is justified, ethical, or otherwise. Mandela, being a pragmatic politician, used nonviolence as a tactic, not a principle. He was always conscious of what would happen after they succeeded and that is very important because it did not involve loss of life,' Grover said. Speaking of Mandela's imprisonment and the things he had to endure, Grover said: 'I want to know whether Indian politicians would ever think of doing it. He was asked to clean the old-style toilets. He was asked to clean the bucket of another prisoner. I challenge you, not one politician in India will do it, whichever party, because of our caste system. It's a sad reflection but that is the greatness of Mandela,' he said. Cedric Crowley, acting High Commissioner for the South African Embassy in India, said that after the adoption of the Universal Declaration of Human Rights, we are now moving backwards. "The promises of the Sustainable Development Goals, which were a promissory note that no one shall be left behind, that governments will make every effort to ensure that poverty is eradicated, at least half, that there will be health care, that the population, the climate will be taken care of. "We are reversing those advances we made. What we have decided to do is to increase our defense spending to prepare for war instead of fighting the war against poverty and inequality. Mandela, today, would have been very disappointed to live in this period in this time where people are oppressed and robbed of their inalienable right to dignity and development," he added. Crowley said that Mohandas Gandhi came to South Africa suffering the same consequences of discriminatory laws, and that propelled him to become an activist. He said Gandhi created a political party and his theories on Satyagraha were developed. "When he returned to India, our country contributed to your independence because he successfully engaged in liberating India from British colonial oppression. So I think we've contributed to India in some small measure because of that experience of injustice," Crowley said. Crowley said he could not answer a student on how do we ensure that there are more Mandela's in this world and what characteristics should one exhibit, have and possess to become great like him. "I think if we try to develop theoretical frameworks of understanding Mandela, we will be at a loss because he is too complex. He is too layered as an individual. But there's one thing I think that could explain it, potentially and that is that Mandela loved deeply," he lamented.

India trying to facilitate safe and early return of 34 Indian fishermen detained by Bangladesh
India trying to facilitate safe and early return of 34 Indian fishermen detained by Bangladesh

United News of India

time3 days ago

  • Politics
  • United News of India

India trying to facilitate safe and early return of 34 Indian fishermen detained by Bangladesh

New Delhi, July 18 (UNI) India is trying to facilitate the safe and early return of 34 Indian fishermen who were taken into custody by the Bangladesh navy for allegedly fishing in Bangladeshi territorial waters earlier this week. According to sources, on the intervening night of July 14-15, 34 Indian fishermen along with two of their Indian fishing trawlers, FB Jhor and FB MaMangalChandi, were apprehended by Bangladesh authorities near Mongla, for allegedly crossing the International Maritime Boundary Line and fishing in Bangladeshi territorial waters. As soon as information about the incident was received, the Indian High Commission in Bangladesh took up the matter with Bangladeshi authorities through diplomatic channels seeking immediate consular access. 'We are constantly pursuing the matter for facilitating the safe and early return of all the fishermen along with their boats,' the sources added. The vessels, FB Jhor and FB Mangal Chandi-38, were intercepted near the Fairway Buoy area in the deep sea late on Monday. Several species of sea fish were recovered from the trawlers, according to Bangladeshi reports. The 34 men from Kakdwip in West Bengal were produced before a Bangladeshi court, following their detention by the Bangladesh Navy. The West Bengal state government had reached out to the Indian High Commission in Bangladesh, requesting diplomatic intervention for the release of the detained fishermen. UNI RN

Pakistan, UK discuss health collaboration
Pakistan, UK discuss health collaboration

Express Tribune

time4 days ago

  • Health
  • Express Tribune

Pakistan, UK discuss health collaboration

A delegation from the British High Commission on Thursday met with Federal Minister for Health Syed Mustafa Kamal and discussed aligning the UK's support portfolio with Pakistan's health priorities. During the meeting with the delegation led by Acting British High Commissioner and Development Director Ms Jo Moir, the minister highlighted Pakistan's challenges, including a high burden of both communicable and non-communicable diseases. Key reforms discussed included revisiting the NFC Award, suggesting that the current 80% weightage assigned to population be reduced to 50%.

Indian Navy's eastern fleet ships reach Singapore to bolster naval ties in Southeast Asia
Indian Navy's eastern fleet ships reach Singapore to bolster naval ties in Southeast Asia

The Hindu

time4 days ago

  • General
  • The Hindu

Indian Navy's eastern fleet ships reach Singapore to bolster naval ties in Southeast Asia

Indian Naval Ships Delhi, Satpura, Shakti, and Kiltan arrived in Singapore to a warm welcome from the Singapore Navy and the Indian High Commission. According to the Indian Navy, the visit is part of the Indian Navy's operational deployment to Southeast Asia and aims to strengthen maritime ties with Singapore through various engagements and activities. Naval Ships reached under the Command of RAdm Susheel Menon, Flag Officer Commanding Eastern Fleet. Professional interactions with the Republic of Singapore Navy, discussions with academia and engagements with the community, that reflect the shared values of both nations, are planned during the visit, the Indian Navy added. Indian Navy and Republic of Singapore Navy share operational relations spanning over three decades of cooperation, coordination and collaboration with regular visits, exchange of best practices and reciprocal training arrangements. The current deployment underscores the strong linkages between the navies.

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