The latest Confederation of Business Industry (CBI) and Ernst & Young Sterling Access’ report, which examines trade between the UK and India, found that despite trade disruptions caused by the COVID-19 pandemic, British firms from April to June this year continued to invest around GBP 140 million in
Tag: UK-India trade
UK invites PM Modi to attend upcoming virtual climate summit
The United Kingdom has invited Indian Prime Minister Narendra Modi for the Climate Ambition summit that will take place in December. Sir Philip Barton, Permanent Under-Secretary at the UK’s Foreign Office, handed over the invitation to India’s foreign secretary Harsh Shringla during the latter’s L
Setback for Nirav Modi in extradition case as UK judge rules Indian government’s evidence admissible
Fugitive Indian diamantaire Nirav Modi faced another setback as a United Kingdom judge ruled in the government of India’s favour by allowing the admissibility of its evidence against him.
Indian Foreign Secretary Harsh Shringla meets UK Home Minister Priti Patel during flying visit
Indian Foreign Secretary Harsh Vardhan Shringla met Indian-origin UK Home Secretary Priti Patel yesterday in London as well and discussed a “wide range of issues”.
Last Sikh queen’s jewellery collection sold at UK auction house Bonhams’ event
Jewels that once belonged to Maharani Jindan Kaur, the last wife of Sikh Empire ruler Maharaja Ranjit Singh, and which were later inherited by her granddaughter, Princess Bamba Sutherland, were among the highlights of an auction in London.
UK firms say it is easier to do business in India now: Survey
A survey revealed that nearly two-thirds of United Kingdom-based businesses operating in India believe it is getting easier to do business in the country, owing to progressive reforms and improvements in the availability of support and service providers, skilled labour, and supply chain.
UK’s Indian-origin finance minister Rishi Sunak highlights economic ties in India-UK summit
United Kingdom Chancellor of the Exchequer Rishi Sunak in a virtual discussion with Indian Finance Minister Nirmala Sitharaman hailed a series of “ambitious” new UK-India initiatives across investment, trade, infrastructure, sustainable finance and research.
Cannot extradite Mallya till secret matter resolved, UK tells India
The United Kingdom has conveyed to India that fugitive businessman Vijay Mallya cannot be extradited till the resolution of a “secret legal” matter, the Indian Ministry of External Affairs has said.
British-Indian economics researcher joins expert post-Brexit trade panel
A London-based Indian-origin economics professor has been appointed to a new expert panel set up by the UK government to advise on the use of “cutting-edge” trade models and techniques as it moves towards clinching post-Brexit Free Trade Agreements (FTAs) with countries.
UK’s Webley & Scott becomes first global firearms firm to set up production unit in India
Webley & Scott, one of the oldest arms manufacturers in the world, will be setting up a manufacturing unit in Hardoi, Uttar Pradesh to produce firearms.
