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UK-India trade deal worth over $6 billion to start July 15

LONDON, June 17 (Reuters) – Britain’s free trade agreement with India will come into force on July 15, the ​British government said on Wednesday, reaching agreement ‌to implement the deal despite a dispute over London’s forthcoming steel tariff regime. Indian officials had raised the prospect of reopening or ​delaying the application of the FTA, worth £4.8 ​billion ($6.5 billion) and signed last year, over concern ⁠about the impact of new UK steel ​trade measures, due to come into effect on ​July 1. But the two countries agreed to move ahead with implementation of the trade deal after British Prime Minister

Trump, Modi discuss trade, safety of Indian sailors in Gulf region

EVIAN, France, June 17 (Reuters) – U.S. President Donald Trump said on Wednesday he had held a “very good” conversation with Indian Prime Minister Narendra Modi during the G7 summit in France and that their two countries were working on trade deals. Trump called Modi a “tough negotiator,” and told reporters that he would be going to India “sometime in the ​future”. India has been pressing the United States for months for a Trump trip, potentially as part ​of a meeting including Japan and Australia. The two leaders’ meeting is their first since February ⁠2025, when Modi visited Washington within

Gold price tumbles Rs 4,800 to Rs 1.54 lakh/10g, silver drops Rs 5,300

New Delhi, Jun 17 (PTI) Gold prices plunged by Rs 4,800 to Rs 1.54 lakh per 10 grams in the national capital on Wednesday, while silver dropped by Rs 5,300, as traders stayed away from precious metals amid a strong rupee and weak global trends. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated Rs 4,800 to Rs 1,54,400 per 10 grams (inclusive of all taxes). It had closed at Rs 1,59,200 per 10 grams in the previous session. Silver also weakened sharply, falling by Rs 5,300 to Rs 2,55,400 per kilogram (inclusive

Putin hosts leaders of Southeast Asia at Russia-ASEAN summit

MOSCOW, June 17, 2026 (AP) — Russia’s President Vladimir Putin is hosting leaders of the Association of Southeast Asian Nations at a summit that opens Wednesday, seeking to bolster business and other ties with members of the regional bloc. The two-day Russia-ASEAN summit, which is held in Kazan, is set to consider ways to expand Russia’s “strategic partnership” with ASEAN that includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, East Timor and Vietnam. The regional bloc has maintained relations with Moscow as a “dialogue partner” and engaged Russian officials in annual top-level meetings. The summit in Kazan

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