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The proposal put forth by the European Commission (EC) to revise statistical rules that govern the recording of International Trade in Services (ITS), Balance of Payments (BOP), and Direct investment abroad would provide an opportunity for the Global South to participate more fully in developing the global economy, especially in light of the Indian government's goal of reaching a $5 trillion economy. India is not only the world's largest recipient of remittances, but it is al

In a significant development for international trade relations, intensive discussions between Indian Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maroš Šefčovič in Brussels have laid new groundwork for advancing the India-EU Free Trade Agreement (FTA). The talks, undertaken at a high diplomatic level and characterized by transparency and mutual trust, signal meaningful progress on complex areas vital for both regions’ economic futures. Intensiv