Until India becomes a real market economy, it is unlikely to have the confidence to integrate with, and compete in, the global market economy
As many as 16 countries -- 10-nation bloc ASEAN and its six trading partners including India -- were negotiating the free-trade pact RCEP
India pulled out at the last minute amid worries that the deal would unleash cheaper imports from countries like China
Now, RCEP will incur the costs of losing the Indian market which was the only worthwhile market
From snooping row to India's position on RCEP, here are the top 10 business headlines for the day
Here's a selection of Business Standard Opinion pieces for the day
If the US quickly signs a trade deal with India and if India retaliates against Chinese denial of access to Indian goods, the logic of India's retreat from the RCEP will acquire a new dimension
Small businesses that had suffered post demonetisation and GST would have suffered a huge blow had India signed on
India says supports FTA talks with EU after refusing to join China-led accord
Piyush Goyal said India was exploring trade agreements with the United States and the European Union to allow manufacturing and services sectors to benefit from access to large developed markets
Modi and his ministers are now selling his refusal to join RCEP as a victory for India's poor
China also said it would welcome India joining the deal at an early date
State's Agriculture Mission chief says the oil seeds sector is already reeling due to edible oil imports
The agreement also touches on services and on protecting intellectual property
Japanese Trade Minister Hiroshi Kajiyama said Tuesday that Tokyo would work toward a deal including India
Chinese president says he will further open country's economy, day after India decided not to join the RCEP trade deal.
PM Modi's decision not to join RCEP is an admission that even the prospect of joining a massive regional trade agreement isn't incentive enough for New Delhi to launch deep economic reforms.
India pulled out of the deal saying it wanted to protect service workers and farmers
Data from exchanges showed that Jhunjhunwala bought 12.9 million shares of YES Bank at price of Rs 67 apiece in a bulk deal on the BSE
The latest twist in India's policy on foreign trade may, however, benefit the US