Topic
businesses
Trade Make use of FTAs, other schemes to boost shipments, government tells businesses
The Indian government has asked businesses to fully utilize free trade agreements and other schemes under the Export Promotion Mission. Commerce minister Piyush Goyal met export promotion councils to review progress towards export targets, with a focus on the upcoming India-UK CEPA and the India-EU deal. Concerns remain over capacity constraints in the textile sector and over-reliance on interest subsidy.
Technology 82% of UK IT Leaders Hit by Unexpected AI Cost Increases, Asana Study Finds
A new Asana survey shows 82% of UK IT leaders experienced unplanned AI cost increases in the past year. Over half reported risky AI outcomes leading to financial or reputational damage, while shadow AI and lack of context drive up bills.
Logistics Businesses Push Senate on Cargo Theft Legislation
A coalition of over 200 companies is urging the U.S. Senate to pass the Combating Organized Retail Crime Act to address cargo theft. This legislation aims to improve coordination between law enforcement and private sectors to tackle organized theft operations.
Trade Canada Plans Trade Mission to India Amid Goyal's Toronto Talks
Canada will send a trade mission to India in November, focusing on sectors like AI and clean technology. Indian Minister Piyush Goyal met with Canadian investors in Toronto to discuss bilateral trade opportunities.