Trade strategy: India should accelerate FTA talks with US, diversify exports, says EAC-PM chief Mahendra Dev

India should speed up free trade agreement (FTA) negotiations, expand its export reach beyond traditional markets, and maintain active engagement with Washington to conclude a Bilateral Trade Agreement (BTA) with the US, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Friday.Delivering the First ISID@40 Distinguished Person Lecture, Dev said…

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Lenskart IPO: Rs 7,278-crore issue fully subscribed on day 1; robust QIB, retail participation signal strong listing

Eyewear retailer Lenskart Solutions Ltd’s Rs 7,278-crore initial public offering (IPO) was fully subscribed on the first day of bidding on Friday, drawing strong interest from institutional and retail investors, according to exchange data.As per NSE data till 15:06 hours, the issue received bids for 10.58 crore shares against 9.97 crore shares on offer, translating…

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Rare earth supply: China unlocks shipments to India after 6 months — Which companies can import?

After six months of uncertainty, China has resumed shipments of heavy rare earth magnets to India, offering much-needed relief to manufacturers in the electric vehicle, renewable energy and consumer electronics sectors. However, the shipments come with a key condition, the cargo cannot be re-exported to the United States. The supply flow had earlier been halted…

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US-China soybean trade to resume: Beijing agrees to buy 25 mn tonnes for next 3 years; more nations will buy American soy, says Bessent

Soybean trade between the US and China is set to resume after months of halted purchases. Beijing had refused to purchase American soybean after the two nations got embroiled in tariff tensions.Now, China has agreed to buy 12 million metric tonnes from the United States in the ongoing season till January. However, this is still…

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