March 22, 2026

pact

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India-EFTA trade pact: Swiss wines, chocolates and apparel to get cheaper; Indian exports to get wider market access

contact@dailyupdatesindia.com02 mins

The India-European Free Trade Association (EFTA) free trade agreement, coming into effect from Wednesday, will make several Swiss products, including wines, chocolates, apparel, and watches, cheaper in the Indian market.The agreement, signed in March 2024 under the Trade and Economic Partnership Agreement (TEPA), also opens greater market access for India’s labour-intensive exports such as tea,…

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Urban boost in Assam: India, ADB seal $125m loan pact; project to benefit 3.6 lakh residents with better services

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India and the Asian Development Bank (ADB) on Monday signed a $125 million loan agreement to upgrade urban services and strengthen climate resilience across six districts of Assam, the finance ministry said.The project will directly benefit around 360,000 residents by ensuring continuous metered water supply and upgrading storm water management systems. It will also introduce…

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‘Hopefully very soon’: India and Oman set to sign trade pact; petroleum, petrochemicals and services trade to expand

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India Oman flags AI representative image India and Oman are set to sign the Comprehensive Economic Partnership Agreement (CEPA) “very soon”, aiming to diversify trade beyond energy and expand the exchange of goods and services, said Oman’s Ambassador to India Issa Saleh Abdullah Saleh Alshibani said.In an interview with PTI, Alshibani said that negotiations, which…

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Defence pact: Pakistan minister asked if Saudi Arabia will step in case of war with India – What Khawaja Asif said

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Pakistan defence minister Khawaja Asif (ANI file photo) Days after Islamabad and Riyadh signed a new defence pact, Pakistan’s defence minister Khawaja Asif has asserted that Saudi Arabia will stand by Pakistan in the event of a war with India.Speaking to Geo TV, the anchor asked Asif, “Will Saudi Arabia get involved if India and…

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Nvidia-Intel pact: Nvidia to invest $5 billion in Intel; firms to co-develop AI infrastructure and PCs

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Nvidia on Thursday said that it will invest $5 billion in Intel and partner with the struggling chipmaker to build artificial intelligence infrastructure and personal computer products, in what the companies called a “historic collaboration.”As part of the agreement, Nvidia will buy Intel common stock at $23.28 a share, subject to regulatory approvals, AP reported….

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‘Another setback’: Congress attacks PM Modi over Pak-Saudi defence pact; flags national security concerns | India News

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NEW DELHI: The Congress on Monday criticised Prime Minister Narendra Modi over the Pakistan-Saudi Arabia defence pact, calling it a matter of grave concern for India’s security and another failure of what it described as “personality-driven diplomacy.”Congress leader Jairam Ramesh, in a post on X, said, “One month after abruptly halting Operation Sindoor, President Trump…

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