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India looks East, deepens trade links with Singapore, Asean

Mint Mumbai

|

August 16, 2025

India is strengthening its economic engagement across Asia, holding trade talks with Singapore and the Association of Southeast Asian Nations (Asean) to expand market access, update trade agreements and enhance cross-border connectivity.

- Rhik Kundu

The outreach comes as New Delhi braces for the impact of recently announced US reciprocal tariffs on a range of Indian goods, a move that could pressure export earnings in one of the country's largest markets.

The measures have also sharpened the government's focus on diversifying trade relationships and deepening ties with fast-growing Asian partners.

The commerce ministry said on Friday that India had, a day earlier, hosted the 4th meeting of the India-Singapore Joint Working Group on Trade and Investment (JWGTI), where senior officials discussed trade facilitation, investment promotion, supply-chain resilience, and regulatory streamlining.

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Tobacco cess set to expire, enter health and national security cess

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Battery PLI may get new spark as rules set to ease

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China used to be a cash cow for western companies. Now it’s a test lab.

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BEHIND THE GLOSSY REPORT: THE MAKE BELIEVE ESG WORLD

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New safety, emission rules spell riches for parts firms

Anti-lock brakes? Sound alerts for EVs? Ever-changing emission norms? For India’s nimble auto parts makers, every new regulation to raise safety and lower pollution is opening up business avenues.

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APIs to innovation: Bulk drug makers ramp up CDMO bets

Once focused on low-margin active pharmaceutical ingredients (APIs), India’s bulk drug manufacturers are raising their ambitions, with several now investing heavily in research and development to win contract development and manufacturing work from global drugmakers.

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Smart GDP growth casts shadow over December rate cut

The Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) is widely expected to keep the policy rate unchanged on 5 December, even as a sizable minority of economists argues that the space created by softening inflation and moderating nominal growth warrants another rate cut.

time to read

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Why MF vendors haven't grown as fast as MF assets

A rising tide does not lift all boats—an adage that mutual fund distributors will vouch for.

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Gen Alpha will make new rules for their workplace

Gen Alpha will expect hybrid workplaces, Al tools and 4-day weeks— offices unrecognizable to their parents’

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EC extends electoral roll revision by a week to II Dec; final list on 14 Feb

The Election Commission on Sunday extended by one week the entire schedule of the ongoing special intensive revision (SIR) of electoral rolls in nine states and three Union territories amid allegations by opposition parties that the “tight timelines” were creating problems for people and ground-level poll officials.

time to read

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