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  • India’s rise to become the world’s 8th largest tourism economy by 2025, surpassing Japan and France, is a notable achievement from its 10th place in 2024

  • By 2034, India’s tourism economy could reach $400 billion, representing over 7.2 per cent of GDP and employing over 64 million individuals: WTTC

  • The Modi government’s ambitious goal is to have tourism contribute over 10 per cent to the national GDP by 2047

  • India and the UK signed a landmark Free Trade Agreement, expected to increase bilateral trade by nearly $34 billion annually

  • British goods like medical devices, aerospace parts, cars, whisky, chocolates and cosmetics will enter the Indian market with sharply reduced tariffs post India-UK FTA

  • The elimination of tariffs on key Indian exports would boost job creation and growth in labour-intensive sectors: Agneshwar Sen, Trade Policy Leader, EY

  • The India-UK FTA is expected to boost bilateral trade between India and the UK by 25.5 billion pounds every year

  • The India-UK FTA is a defining moment in both countries’ relationship and reflects a shared commitment to inclusive growth

  • India and the UK inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around USD 34 billion annually

  • India and the UK signed their long-awaited Free Trade Agreement which will boost bilateral trade by around $34 billion annually

  • After the India-UK FTA, 99% of Indian exports to the UK would see duties eliminated to zero

  • Projections show that electronics and engineering exports are likely to double by 2030; chemicals exports may increase 30%-40% in the next fiscal year after the India-UK FTA

  • Central government employees can take leave for up to 30 days due to personal reasons, including taking care of elderly parents: Union Minister Jitendra Singh

  • The Central Civil Services (Leave) Rules, 1972 provides for 30 days of earned leave, 20 days of half pay leave, eight days of casual leave and two days of restricted holiday per annum

  • The Central Civil Services(Leave) Rules, 1972, took effect from June 1, 1972. These statutory rules regulate the granting of leave to all government employees, except for those covered by separate rules

  • In 2014, Modi govt adopted a determined strategy to rebuild global confidence in the Indian economy and make it attractive for Indian and foreign investors

  • In UPA’s term, developed countries had abandoned trade talks with India. Under PM Modi’s leadership, India’s GDP has almost tripled since 2014 to about 331L cr

  • CETA will ensure comprehensive market access for Indian goods in the UK market across sectors. It eliminates tariffs on about 99% of tariff lines covering almost 100% of trade value

  • The India-UK FTA was signed in the presence of PM Modi and Keir Starmer, providing greater access to goods and services between the two countries

  • For both (India & UK) of us, cricket is not a game but a passion and also a great metaphor for our partnership: PM Modi

  • Indian agricultural products and processed food industries will find new opportunities in the UK after the historic India-UK FTA

  • As India and the UK sign the‘historic’ Free Trade Agreement,aiming to enhance bilateral trade to $120 billion by 2030, prominent Indian business leaders have welcomed the development

  • This will not only enhance the easier trade of goods and services but will also enable a seamless flow of talent and expertise: Kartikeya Dube, Head of Country and Chairman, bp India on India-UK FTA

  • This landmark UK-India trade deal is more than an economic milestone – it’s a bold vision for shared prosperity and innovation: Anish Shah, Group CEO and MD of Mahindra Group

  • The India-UK FTA, signed by PM Modi and PM Starmer, eliminates duties on Indian generic drugs and medical devices, significantly boosting exports to Britain

  • India's pharma industry, the world's 3rd largest by volume, dominates generic medicine supply with a 20% global share

  • India's medical device sector is projected for massive growth, from $11 billion to $50 billion by 2030, thanks to the zero-duty India-UK FTA

  • The India-UK FTA ensures over 95% of Indian farm and processed food exports, including spices and mango pulp, will now enter the UK duty-free, a huge boost for farmers

  • Nearly 99% of Indian seafood products gain duty-free access to the UK, with the India-UK FTA aiming to increase India's agri-exports by over 20% in 3 years

  • The transformative India-UK FTA is set to double bilateral trade to an impressive $120 billion by 2030, strengthening India's global economic ties

  • India achieved significant job creation, adding 17 crore new jobs between 2017-18 and 2023-24, boosting the total employed to 64.33 crore

  • Female workforce participation has remarkably topped 40% in 2023-24, with youth unemployment rates falling below the global average, showcasing a dynamic labour market

  • Key labour indicators including labor force participation rate and worker population ratio have all shown strong improvement, reflecting a positive trajectory for India’s workforce

  • A top Israeli defence official hailed India as a "key strategic ally" and "stable partner", affirming strong bilateral ties

  • India and Israel are set to deepen defence cooperation, focusing on robust R&D collaboration and joint manufacturing initiatives

  • India is a key strategic ally of Israel, and our partnership has proven resilient through difficult times: Maj Gen (Res) Amir Baram, DG of Israel's Ministry of Defence

  • AI tools have generated an additional ₹11,000 crore in tax revenue for the Central government over the last 4 years, thanks to updated tax returns

  • India’s AI-powered tax system revealed ₹29,000 crore in undisclosed foreign assets and ₹1,000 crore from crypto income in 2024-25, boosting transparency

  • The Income Tax Department’s NUDGE system successfully prompted over 1 crore taxpayers to update returns, leading to a substantial increase in voluntary tax compliance

  • The pact, which is in addition to the CETA that covers nearly 100% of trade value between India and the UK, is called a reciprocal Double Contributions Convention

  • According to PM Modi, the Double Contributions Convention will inject “new energy” into the Indian and UK services sectors, particularly in technology and finance

  • As part of the India-UK trade deal, IT and IT-enabled services, financial and legal services, professional and educational services, and digital trade will get greater access to the UK market

  • At the India-UK trade deal signing ceremony PM Modi said the agreement would benefit India’s textile, gems and jewellery sectors, and MSMEs

  • PM Modi said the India-UK deal, signed after years of effort, is not merely an economic partnership but also a blueprint for shared prosperity

  • The UK government said the India-UK trade deal would increase bilateral trade between the two countries by nearly 39% in the long run — equivalent to $34 billion a year

  • India’s agricultural exports are set to receive a substantial boost following the signing of the CETA with the UK, which provides duty-free access to 95% of Indian farm export tariff lines

  • The India-UK free trade agreement is projected to raise India’s agri-exports by over 20% over the next three years

  • The India-UK deal opens up preferential access to the UK’s $37.5 billion agri-import market, benefitting a wide range of Indian agricultural and processed food products

  • Sunil Bharti Mittal, chairman of Bharti Enterprises and co-chair of the India-UK CEO Forum was in Chequers for the FTA signing as part of PM Modi’s entourage

  • You will now see a lot of British companies getting much more confident about investing in India, working in India, setting up their bases in our country: Sunil Mittal

  • PM Modi spoke of taking the bilateral trade from $56 billion to $112 billion in five years—It’s an ambitious target, but achievable, given the way this FTA has been set up: Sunil Mittal

  • The installed capacity of renewables has helped the country save Rs 4 lakh crore in fossil fuel and pollution-related costs in 2024: Union Minister Pralhad Joshi

  • The country's renewable energy capacity has crossed the 245-GW mark, of which over 116 GW is solar and 52 GW wind: Union Minister Pralhad Joshi

  • India is moving ahead with its goal of 500 GW non-fossil capacity by 2030: Union Minister Pralhad Joshi

  • India is targeting 130 major cities under NCAP, focusing on curbing major pollution sources such as dust, waste and stubble burning, industries and vehicles: Minister of state Kirti Vardhan Singh

  • The cities have prioritized road improvement works, traffic decongestion, junction improvements, and greening of open spaces under the specific action plans: Minister of state Kirti Vardhan Singh

  • Around ₹13,036 crore has been released for the 130 cities under NCAP from the start of FY20 to 20 July, 2025 towards implementation of various activities to control air pollution: Report

  • India and the UK have secured an agreement on the Double Contribution Convention alongside the free trade agreement

  • The Double Contribution Convention agreement will exempt Indian workers and their employers from social security contributions in the UK for up to three years: Government

  • The Double Contribution Convention agreement is a significant breakthrough for Indian workers and their employers: Commerce Minister Piyush Goyal

  • The FTA, officially signed between India and the United Kingdom, marks a significant milestone in bilateral economic relations

  • Union Commerce Minister Piyush Goyal shared a detailed list of state-specific ‘Made in India’ products poised to benefit from the newly signed India-UK Free Trade Agreement (FTA)

  • Signed after years of negotiation, the India-UK FTA aims to double bilateral trade to over $100 billion by 2030, from around $56 billion at present

  • The FTA is a significant step forward in realising the Prime Minister Narendra Modi's vision of 'Viksit Bharat'

  • The landmark FTA agreement is expected to double bilateral trade from the $60 billion to $120 billion by 2030: TVS Motor

  • India signed the FTA, officially dubbed as the "Comprehensive Economic and Trade Agreement," with the UK, the 16th trade pact so far as the country aims to boost bilateral trade and investments

  • In just 25 months since its debut, the Maruti Suzuki Fronx has crossed the 1 lakh mark in exports, making it the fastest SUV from India to reach this figure

  • Built at Maruti Suzuki’s manufacturing facility in Gujarat, the Fronx has been gaining traction in over 80 international markets

  • In FY 2024-25, Maruti Suzuki shipped more than 3.3 lakh units globally - its best ever tally for a financial year - registering a 17.5% growth over the previous year

  • UK's six universities are opening campuses in India. Just last week, in India's Gurugram city, the Southampton university was inaugurated: PM Modi

  • The FTA seeks to open up the Indian markets for textiles, footwear, gems, seafood, and engineering goods to the UK, promoting mutual growth

  • FTA is expected to double the bilateral trade from 60 billion euros to 120 billion euros by 2030, boosting the economic growth of both the countries

  • About 95.1% of rural households have access to toilets, 92.7% have arrangements to dispose of organic waste and 78.7% have systems in place for greywater disposal: Minister of State V Somanna

  • At the village level, 45% have exclusive or shared vehicles to collect and transport solid waste, and 29.4% have designated sheds for storage and segregation: Survey

  • Of the 1,029 plastic waste management units surveyed, 61.4% were operational, while 58.5% of the 451 GOBARdhan and biogas plants were found functional: Minister of State V Somanna

  • The length of access-controlled National High-Speed Corridors, including expressways, has surged from a mere 93 km in March 2014 to approximately 5110 km at present: Union Minister Nitin Gadkari

  • The overall National Highways (NH) network has also witnessed substantial growth, expanding from 91,287 km in March 2014 to a robust 146,342 km today: Union Minister Nitin Gadkari

  • Currently, 1,240 national highway projects spanning a total length of 29,400 km are under construction across the country, representing a massive investment of ₹7.8 lakh crore

  • 2.71 crore applications were received under the PM Vishwakarma Yojana as of June 30, 2025, with 29.94 lakh registrations successfully completed: Report

  • The PM Vishwakarma scheme provides traditional artisans with formal recognition, skill training, tool kits, credit support, and market linkage

  • Under the PM Vishwakarma scheme, beneficiaries receive financial assistance, digital empowerment, and opportunities for growth through government-backed infrastructure and promotional initiatives

  • Of 3,597 Indian nationals who were evacuated from Iran under Operation Sindhu, 1,521 citizens hailed from Jammu and Kashmir and 1,198 from Uttar Pradesh: Government

  • Out of 127 Indian nationals in the Russian armed forces, the services of 98 individuals were discontinued as a result of sustained engagement between the Indian and Russian governments

  • The Russian authorities concerned have been urged to provide an update on all the remaining/missing individuals, and also ensure their safety, well-being and early discharge: Government

  • India and the UK have inked the FTA that will slash tariffs on an array of items, besides help double bilateral trade by 2030, from $56 billion currently

  • FTA aimed at deepening bilateral trade ties, is likely to boost exports of India’s regional specialties, artisanal crafts, and services

  • India’s talent in IT, services, and education will gain from easier access to the UK’s high-value markets: Union Minister Piyush Goyal

A win-win deal

July 25, 2025

  • India and the UK have signed a landmark Comprehensive Economic and Trade Agreement (CETA)— that is balanced, comprehensive, and mutually beneficial to both nations

  • India-UK FTA: A big advantage is that it will serve as a template for India inking equally ambitious trade deals with the European Union and other developed nations, including the US

  • India-UK FTA: This is a win-win deal as India secures preferential access to one of the world’s most affluent markets while the UK accesses the market of the fastest-growing large economy

  • PM Modi becomes India’s second-longest serving premier in consecutive terms, completing 4,078 straight days in office, surpassing Indira Gandhi’s uninterrupted tenure between 1964 and 1977

  • Before becoming the PM, Modi was the longest-serving chief minister of Gujarat, having been in office from 2001 to 2014

  • PM Modi is the first and only non-Congress PM to complete at least two full terms as Prime Minister and to get re-elected thrice

  • PM Modi and his UK counterpart Keir Starmer celebrated the signing of the free trade agreement between the two countries by enjoying a cup of tea at Chequers

  • Chai Pe Charcha with PM Keir Starmer at Chequers... brewing stronger India-UK ties: PM Modi

  • India and the UK are connected by a shared passion for cricket, Great to see sport fostering people-to-people ties between our nations: PM Modi

  • Rolls-Royce CEO says India-UK FTA will boost aerospace growth, aligning standards and unlocking new opportunities in India’s aviation sector

  • British business leaders call the India-UK FTA “transformative,” marking a new era of investment and economic partnership

  • The FTA is seen as a game changer, paving the way for investment, jobs, and deeper economic ties between India and the UK

  • India’s relations with the Maldives is based on mutual respect and shared history, words that must now translate into long-term policies

  • PM Modi is on his first State visit to the Maldives, this trip comes at a pivotal moment for India-Maldives relations

  • Whether during the 2004 tsunami or the 2014 Malé water crisis, India has consistently acted as the Maldives’ first responder in times of need

  • PM Modi asserted that CETA would pave the way for enhanced market access in the UK for Indian textiles, footwear, gems and jewellery, seafood, and engineering goods

  • Highlighting the contribution of Indians in Britain, PM Modi says they didn't just bring curry from India, but also creativity, commitment and character

  • There may be a swing and a miss at times. But we always play with a straight bat. We are committed to building a high scoring solid partnership: PM Modi in UK

  • A total of 15.45 lakh households in the country and 5.23 lakh households in Gujarat have benefitted from rooftop solar installation, including that of rural areas (as of July 14)

  • PM Surya Ghar Muft Bijli Yojana: The scheme targets to achieve rooftop solar installations in one crore households in the residential sector by providing central financial assistance

  • PM Surya Ghar Muft Bijli Yojana aims to bring solar power to one crore households by March 2027

  • India becomes world’s 3rd-largest mobile phone exporter: $24.1B in 2024–25 vs $0.2B in 2017–18, a 11,950% surge: CDS study

  • India’s Domestic Value Addition in mobile manufacturing crossed $10B in 2022–23 showing a maturing ecosystem

  • India’s mobile journey now mirrors the Asian tiger economies- scale first, then value: CDS

  • The government has approved six semiconductor manufacturing ESG projects which are expected to generate more than 27,000 direct job opportunities

  • The government introduced the 'Semicon India Programme’, with an outlay of Rs 76,000 crore for the development of the semiconductor and display manufacturing ecosystem in the country

  • Under the C2S programme, engineering institutions are provided with the necessary software and tools to design semiconductor chips

  • Vijaydurg Fort, an enduring symbol of Chhatrapati Shivaji Maharaj’s naval brilliance, has achieved international acclaim with its recent inclusion on the UNESCO World Heritage List

  • With its strategic location, robust construction, and ingenious architecture, the Vijaydurg Fort continues to narrate stories of courage, foresight, and innovation

  • Vijaydurg Fort holds a unique distinction in the scientific community. In 1898, during a total solar eclipse, two French astronomers chose the fort as their observation site

  • From rockets to toys, the growing adoption of 3D printing across industries highlights the rapid growth of the 3D printing market in India

  • Last year, Chennai-based spacetech firm Agnikul made history by successfully launching the world’s first rocket powered by a single-piece 3D-printed engine

  • In early July, the Mumbai-based firm WOL3D launched India’s first 3D-printed flexible toy brand

  • A focus on capacity expansion, mechanisation, digitisation, and ease of doing business has propelled ports such as Visakhapatnam, Mundra, etc., up in the global rankings

  • A bouquet of government initiatives has started attracting major global shipbuilding companies to joint ventures with Indian shipping companies

  • India’s ports are transcending traditional roles as logistical nodes to become modern gateways of commerce

  • India is expected to more than double its GDP to $10.6 trillion by 2035: Report, Morgan Stanley

  • Over the next decade, India is expected to contribute 20% to global growth, becoming a major engine for earnings: Report, Morgan Stanley

  • By 2035, Maharashtra, Tamil Nadu, Gujarat, UP, and Karnataka — are projected to approach the $1 trillion GDP mark: Report, Morgan Stanley

  • India’s multidimensional poverty fell from 29.17% in 2013-14 to 11.28% in 2022-23, lifting 24.82 crore people out of poverty: Govt to Parliament

  • NITI Aayog’s National MPI tracks poverty across 12 indicators like nutrition, schooling, housing, sanitation, and electricity

  • From 2015-16 to 2019-21, 13.5 crore people exited multidimensional poverty, as per NITI Aayog’s 2023 MPI Progress Review

  • PayPal World brings together UPI, Venmo, Weixin Pay and Mercado Pago to enable cross-border shopping and money transfers

  • The integration of UPI on PayPal World’s platform will mark a significant step in expanding UPI’s global footprint: MD, NIPL

  • India will now be at the centre of PayPal’s global interoperability push, as the payments giant builds what it calls a “first-of-its-kind payments ecosystem

  • This is PM Modi’s first visit to Maldives since Mohamed Muizzu became president in Nov 2023, and he’ll be the guest of honour at the country’s 60th independence day celebrations

  • This year marks 60 years of India’s diplomatic ties with Maldives

  • Maldivian President Mohamed Muizzu expressed commitment to strengthening bilateral relations, economic cooperation and people-to-people contact with India

  • Following the 100 bps cut in the policy repo rate since February this year, India’s public-sector banks have lowered their lending and deposit rates: Data, RBI

  • Foreign banks saw a sharper decline of 49 bps. For fresh deposits, the interest rates offered by PSBs fell 47 bps as compared to 41 bps by private banks: RBI

  • RBI’s six member rate setting panel has cut the policy repo rate by 50 bps between February and May. In June, the rate was further reduced by 50 bps

  • The Android ecosystem helped generate around ₹4 trillion in revenue for app developers and the broader economy in 2024: Report

  • India’s rapid growth of digital economy is supported by the increasing use of smartphones, low-cost internet, and a vibrant community of app developers and tech entrepreneurs: Report

  • In 2024, apps made by Indian developers were downloaded 7,200 million times from the Play Store: Report

  • India witnessed a significant 159% jump in net External Commercial Borrowings (ECBs) to $4.4 billion in the first two months of FY26: Data

  • Net ECBs rose more than five times to $18.7 billion in FY25, compared with $3.6 billion a year ago: Data

  • India's ECB inflows surge in early FY26 is dominantly driven by capital expenditure

  • A Morgan Stanley report said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035

  • The Asian Development Bank (ADB) said that India’s GDP growth is projected to grow at 6.5 per cent in 2025, and a robust 6.7 per cent in 2026

  • Despite global uncertainties around tariffs, the Indian economy remains largely resilient, supported by strong macroeconomic fundamentals: RBI

  • India, with its abundant RE resources and burgeoning AI ecosystem, is well-positioned to become a global leader in green energy-powered AI processing

  • India's AI ecosystem is growing rapidly, with over 1,000 AI startups. Moreover, 20% of global AI talent resides in India

  • The AI market size in India is expected to reach $7.8 bn by 2025, driven by increasing demand for digital services, ecommerce and cloud computing