All posts tagged: INdia EU Trade

UPI goes live in Greece, boosting India’s global digital payments footprint

UPI goes live in Greece, boosting India’s global digital payments footprint

Published by Webster

Commerce and Industry Minister Piyush Goyal on Tuesday said that with the Unified Payments Interface (UPI) now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly. The Union Minister, while speaking about the introduction of UPI in Greece, also said that with this move, transaction costs were reduced drastically to a fraction of conventional transfer costs.  Highlighting the increasing global acceptance and appreciation of UPI, Piyush Goyal, while taking to social media handle X, said, “Reflect the trust in Prime Minister Narendra Modi’s vision of building technology-led solutions that create value beyond borders and deepen partnerships for shared growth and prosperity.”  Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

India, Cyprus elevate ties to strategic partnership, lock 5-year defence roadmap

India, Cyprus elevate ties to strategic partnership, lock 5-year defence roadmap

Published by Parlour News

India and Cyprus enhanced their ties to a strategic partnership and concluded agreements to boost cooperation in key areas such as defence, technology and counter-terrorism as Prime Minister Narendra Modi and Cypriot President Nikos Christodoulides focused on bolstering trade and investment relations. Prime Minister Narendra Modi and President of the Cypriot President Nikos Christodoulides witness an exchange of MoUs in New Delhi on Friday. (RAJ K RAJ /HT PHOTO) Christodoulides, who is on his first visit to India after becoming President, began the trip by travelling to Mumbai with a 60-member business delegation before arriving in New Delhi for talks with Modi. Cyprus currently holds the rotating presidency of the Council of the European Union (EU), and the discussions also covered leveraging the proposed India-EU trade deal. Cyprus has emerged as an important investment gateway between India and Europe and is among the top 10 investors in the country, with investments almost doubling over the past decade, Modi said at a joint media interaction with Christodoulides. “The India-EU free trade agreement has opened up many …

In new trade deal, how India and EU navigated friction over carbon tariffs| India News

In new trade deal, how India and EU navigated friction over carbon tariffs| India News

Published by Parlour News

NEW DELHI: India and the European Union (EU) have agreed on several measures to deal with the 27-member’s bloc’s tariff on carbon-intensive imports, including the creation of a technical working group and a proposed agreement to support New Delhi’s decarbonisation efforts, people familiar with the matter said on Wednesday. Prime Minister Narendra Modi (C) embraces European Council President Antonio Costa (R) as European Commission President Ursula von der Leyen looks on after their meeting at the Hyderabad House on January 27. (AFP) The tariff, known as the Carbon Border Adjustment Mechanism (CBAM), emerged as one of the most contentious issues in negotiations for the free trade agreement (FTA) concluded by the two sides on Tuesday. The FTA, to be signed after legal scrubbing, is being described by both sides as a “living agreement” on which work will continue on key issues. Also Read: India, EU play their trump card in ‘mother of all’ trade pact The EU has ruled out any concessions under CBAM as it is equally applicable to all foreign partners of the bloc and to …