India-EU Trade Deal Includes Future Regulation Safeguards

The India-EU trade agreement incorporates two key provisions—Rapid Response Mechanism and Non-Violation Complaints—to address potential future regulations that could hinder trade benefits for exporters, officials confirmed.

India's Industrial Output Hits 26-Month High at 7.8%

India's industrial production surged to a 26-month high of 7.8% in December 2024, driven by strong manufacturing growth and recovery in mining and electricity sectors, with policy measures supporting consumption outlook.

Fed Holds Rates Steady as Powell's Term Nears End

The Federal Reserve maintains benchmark rates at 3.5%-3.75% in a 10-2 vote, offering little clarity on future cuts amid political pressure and internal dissent as Chair Jerome Powell's term ends in May.

Maharashtra's Fig Belt Hit by Cold Spell, Yields Plunge

Pune's Purandar tehsil, Maharashtra's premier fig-producing hub, faces a severe agricultural crisis as prolonged low temperatures damage fruit size, weight, and yield, threatening farmer incomes and market stability.

Maruti Suzuki Q3 Profit Up 3.7% Despite Challenges

Maruti Suzuki India reports 3.7% rise in Q3 net profit to Rs 3,794 crore, driven by domestic sales rebound post-GST reforms, though earnings affected by one-time labour law provision and commodity costs.

EU-India Trade Deal: Luxury Car Quotas & Duty Cuts

The EU-India trade agreement provides lower duty access for European luxury carmakers like BMW and Mercedes, with quotas starting at 1 lakh vehicles. Indian manufacturers get higher EU quotas to boost exports.

UP Forms Committee for Housing Deregulation Phase 2

Uttar Pradesh's housing department establishes a 6-member committee to implement the second phase of compliance reduction and deregulation, aiming to streamline application processing and boost investment.

Data Centre Boom Fuels IPO Rush Amid AI Infrastructure Demand

India's data centre industry is witnessing a surge in IPO plans as companies seek capital for AI-ready infrastructure expansion. With 25.47% annual growth and $20 billion investments planned, major players like Sify, Yotta, Nxtra, and CtrlS are eyeing pub

Ajmer Sanitation Workers Strike Over Unpaid Wages

Around 2,300 temporary sanitation workers in Ajmer protest at Rambagh, demanding two months' pending wages and alleging threats from contractors, potentially disrupting waste collection across 54 wards.

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