Trade News

India and Chile officially launched the first round of CEPA negotiations

The commencement of the India-Chile CEPA negotiations marks a historic expansion of the economic ties between South Asia and South America. Furthermore, by including sectors like digital services and critical minerals, this agreement moves beyond traditional trade to foster deeper economic integration.

world economy

The top 10 largest economies in the world in 2024

The largest economies in the world reflect a dynamic balance between established industrial powers and rapidly growing emerging markets. Furthermore, by analysing GDP through the expenditure method, we can see how consumption and investment drive global wealth.

India and UK conclude bilateral Free Trade Agreement

The conclusion of the India-UK FTA signals a new era of economic cooperation between the two nations. Furthermore, by introducing the Double Contribution Convention, the agreement removes significant financial barriers for professionals in the IT and consulting sectors.

Government extends the Interest Equalization Scheme until June 30, 2024

The Government has extended the Interest Equalisation Scheme until June 30, 2024, providing a vital interest subsidy for Indian exporters. Furthermore, while MSME manufacturers receive a 3 per cent rate, the scheme now includes a Rs 10 crore annual cap per exporter to ensure fair fund distribution.

SMEs account for more than 60 per cent of job opportunities in Dubai. AFP SMEs account for more than 60 per cent of job opportunities in Dubai. AFP

Dubai launches $136m plan to help SMEs grow internationally

The Dubai International Growth Initiative provides Dh500 million in funding to empower local SMEs for global expansion. Furthermore, by offering financing at Eibor rates through Emirates NBD, the programme supports the D33 Agenda to double Dubai’s economy.