Australia Opens Doors to Indian Exports

-

 


Australia will remove all tariffs on Indian goods starting January 1 under the India–Australia Economic Cooperation and Trade Agreement (ECTA). The move marks a major boost for bilateral trade, giving Indian exporters duty-free access to the Australian market across sectors such as textiles, leather, jewellery, engineering goods and pharmaceuticals.

The tariff elimination is expected to enhance India’s export competitiveness, lower costs for Australian consumers, and deepen economic ties between the two countries. With ECTA in full effect, trade volumes are set to rise, reinforcing the growing strategic and economic partnership between India and Australia.

Comments

Post a Comment

Popular posts from this blog

India & Cyprus Sign MoU to Launch UPI Services

-
Image
  India and Cyprus have signed a Memorandum of Understanding (MoU) to introduce Unified Payments Interface (UPI) services in the island nation. The agreement marks a significant step in strengthening bilateral fintech collaboration and expanding India's digital payment ecosystem globally. UPI, developed by the National Payments Corporation of India (NPCI), enables instant, real-time mobile payments and has revolutionized digital transactions in India. With Cyprus becoming the latest partner, this move is expected to boost cross-border financial connectivity and support Indian tourists, businesses, and diaspora in the region. This partnership reflects India’s growing influence in the global digital finance landscape and aligns with its vision of making UPI a global standard for fast and secure payments.
Read more

India is Set to Launch Its First Indigenous Semiconductor Chip, as Five Semiconductor Units Are Under Construction: Ashwini Vaishnaw

-
Image
  India is poised to make a significant breakthrough in the semiconductor industry with the launch of its first indigenous semiconductor chip. Union Minister for Electronics and IT, Ashwini Vaishnaw, recently announced that five semiconductor fabrication units are currently under construction, marking a major step towards self-reliance in chip manufacturing. This initiative is part of India’s broader strategy to reduce dependence on foreign semiconductor imports and establish itself as a global hub for chip production. With substantial investments from both government and private players, the country aims to strengthen its digital infrastructure and support industries like electronics, telecom, and automotive manufacturing. The development aligns with Prime Minister Narendra Modi’s vision of “Atmanirbhar Bharat” (Self-Reliant India) and is expected to boost India’s economy, generate jobs, and attract foreign investments in the technology sector. The launch of the first homegrown se...
Read more

Ethnic Conflict in Manipur: Video of Kuki Women Paraded Naked Sparks Outrage

-
Image
  In a shocking incident amid ethnic conflict in   Manipur , a distressing video emerged on May 4, showing two Kuki women being paraded naked by men believed to be from the Meitei community. The women were subjected to sexual assault and molestation during the incident. The Chief Justice of India, DY Chandrachud, expressed grave concern over this gross violation of human rights and condemned the use of women as instruments of violence. The Supreme Court gave the government time to intervene and act decisively, but asserted that if no action is taken, the court will step in to address the matter. Prime Minister Narendra Modi also condemned the incident, stating that the guilty would not be spared. The ethnic unrest in Manipur stemmed from clashes between the Meitei tribe, with a majority in the valley, and the Kuki tribe, with a majority in the hills. The Meiteis were demanding Scheduled Tribes (ST) status. The incident sparked widespread condemnation and calls for action, lead...
Read more