India-EU Trade Deal Cuts Car Import Duty to 10%
The India-EU Free Trade Agreement has been finalized, reducing car import tariffs from 110% to 10% over time. Renault's CEO discusses how this will boost development and make India an export hub.
Category : Business
Foreign Banks Want Clearer Tax Rules on Head Office Costs
Tax experts urge CBDT to provide clear guidance on documentation and increase deduction limits for foreign banks' head office expenses ahead of Union Budget.
India-EU Sign Landmark Free Trade Agreement
India and the European Union have officially signed a comprehensive free trade agreement, marking a major milestone in bilateral economic relations and trade liberalization.
EU Car Brands Struggle in India Post-Trade Deal
European car manufacturers continue to face significant challenges in the Indian automotive market even after securing a trade agreement, with limited production and sales growth remaining constrained.
TVS iQube Surpasses 8 Lakh Sales, India's Top Electric Scooter
TVS Motor Company's iQube electric scooter has sold over 8.24 lakh units in India since its 2020 launch, becoming the country's best-selling EV scooter. Sales accelerated post-FY2024, with the last lakh units achieved in just three months.
SBI's Budget 2026 Wishlist: Tax Relief, GST Changes, Insurance Push
State Bank of India's pre-Budget report urges reforms in taxation, GST provisions, and insurance to reverse declining household savings and enhance social security ahead of Union Budget 2026.
MG Majestor SUV Launch Date Announced for India
MG Motor India will unveil the premium MG Majestor SUV on February 12, 2026. The vehicle, an upgraded Gloster, will compete with Toyota Fortuner Legender and feature advanced tech.
Budget 2026: Sitharaman's Ninth Presentation and Fiscal Process
Union Finance Minister Nirmala Sitharaman prepares to present Budget 2026 for the ninth time. This article explores the intricate, months-long process behind creating India's annual financial statement, from consultations to the final Bahikhata.
Saudi Central Bank Releases 2026-2029 Holiday Schedule
SAMA announces comprehensive holiday calendar for Saudi financial institutions from 2026-2029, enhancing market transparency and operational planning for businesses and investors.
BMW, Mercedes, Lamborghini Cars to Get Cheaper in India
Luxury cars from European brands like BMW, Mercedes-Benz, and Lamborghini are set to become more affordable in India as a trade deal with the European Union nears implementation, potentially reducing import duties significantly by 2026.
Indian Stocks Gain on EU Trade Deal, Auto Sector Falls
Indian stock markets opened the holiday-shortened week positively, buoyed by the India-EU free trade agreement finalization and potential US tariff relief. While metals, tech, and banking stocks surged, auto stocks declined due to import tax cuts on Europ
India-EU FTA: European Cars & Middle Class Affordability
The India-EU Free Trade Agreement reduces import duties on European cars to 10%, benefiting luxury buyers but leaving mass-market affordability unchanged for now.
India Protects Citizens from Global Fuel Price Shocks
Union Minister Hardeep Singh Puri highlights India's success in insulating citizens from severe fuel price shocks despite global volatility. At India Energy Week, he emphasizes energy security and transition.
India-EU FTA Negotiations Concluded, Implementation by 2027
India and the European Union have signed a document concluding FTA negotiations, but legal scrubbing and ratification mean implementation is likely in early 2027, with major economic benefits for both sides.
Mumbai Metro Gold Line to Link Airports in 30-35 Mins
Maharashtra Government approves Mumbai Metro's Line 8, the Gold Line, to connect Chhatrapati Shivaji Maharaj International Airport with Navi Mumbai airport, reducing travel time to 30-35 minutes.
Budget 2026: Industry Eyes Employment and Exports Boost
Ahead of Budget 2026, an industry survey reveals strong expectations for policies targeting job creation and export growth, with sectors like manufacturing and IT seeking support.
Bengaluru Mobility Plan Revised; Doddaballapur Metro Link Proposed
Karnataka government announces revision of Bengaluru's mobility plan, with potential metro connectivity to Doddaballapur. Minister confirms Kempegowda International Airport metro line completion by end of 2027.
India-EU Finalize Historic Free Trade Agreement
India and the European Union have finalized their landmark free trade agreement, set to strengthen economic ties between the world's second and fourth-largest economies amid global challenges.
Bengaluru Metro Plan Revised: Doddaballapur Line, Airport Link by 2027
Karnataka government revises Bengaluru mobility plan, considering metro line to Doddaballapur. Minister Krishna Byre Gowda confirms airport metro connectivity completion by end of 2027.
Railways to Get Major Budget Boost in Union Budget 2026
As Finance Minister Nirmala Sitharaman prepares the Union Budget, expectations are high for continued railway investment. With allocations rising steadily, focus shifts to PPP models, high-speed rail, and efficiency reforms to achieve Viksit Bharat goals.
EU Chief Hails India-EU FTA, Thanks PM Modi
European Commission President Ursula von der Leyen praises the India-EU Free Trade Agreement as historic, thanking PM Modi for steering the partnership that creates a 2 billion consumer market.
India-EU Sign Historic FTA, Unveil 13-Point Strategic Partnership
India and the European Union have finalized a landmark Free Trade Agreement, described as the 'mother of all deals,' alongside 12 other strategic outcomes covering trade, defense, mobility, and green energy.
Axis Bank Q3 Profit Beat Cheers Investors, Margin Recovery Test
Axis Bank's Q3FY26 profit beat estimates with 3% YoY growth to ₹6,490 crore, buoying investor sentiment. However, net interest margin pressures persist at 3.64%, with recovery timeline extended to Q1FY27.
SC Rejects JioStar Plea on CCI Kerala Probe
The Supreme Court upheld the Kerala High Court order, allowing CCI to investigate JioStar for alleged abuse of dominance in Kerala's television sector through discriminatory pricing.
EU Wines to Get Cheaper in India Under New Trade Deal
European wines from France, Italy, and Spain will become more affordable in India as import duties drop from 150% to 75%, eventually reaching 20-30% under the new bilateral free trade agreement.
Bata Shoe Company: Legacy from 1620 to Global Dominance
Explore the journey of Bata Shoe Company, from its Czechoslovakian origins in 1620 to becoming the world's largest shoe manufacturer, with insights into its success in India and global operations.
6 Must-Know Real Estate Terms for Indian Homebuyers
Understanding key real estate terms like Carpet Area, Super Built-up Area, Circle Rate, RERA, Occupancy Certificate, and Stamp Duty is crucial for homebuyers in India to navigate property transactions confidently.
Adani-Embraer Pact for Aircraft Manufacturing in India
Adani Group partners with Brazilian aerospace giant Embraer to establish a regional aircraft manufacturing facility in India, with collaboration extending to supply chain, aftermarket services, and pilot training initiatives.
BMW-UNICEF STEM Initiative Boosts Education in India
The BMW Group and UNICEF partnership has significantly advanced STEM education in India, impacting thousands of students and teachers through innovative learning programs and infrastructure development.
Stock Market Gains on EU Trade Deal, Auto Stocks Fall
Indian stock markets closed higher on January 27, 2026, driven by the India-EU free trade agreement and hopes of US tariff relief on Russian oil. While banking and tech stocks surged, auto stocks declined due to import tax cuts on European cars.
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