India-EU Trade Deal: Duty Cuts on Textiles, Cars, Wines
India and EU will announce FTA on Jan 27, cutting import duties on textiles, footwear, cars, and wines. Deal includes service sector liberalization and safeguards for sensitive sectors.
Category : Trade & Export
Budget 2026: Tourism Sector Demands Reforms for Growth
India's travel, tourism, and hospitality industry calls for structural reforms in Union Budget 2026 to address fiscal gaps, boost competitiveness, and transform into a key economic driver.
India-EU FTA: Duty Cuts on Cars, Wines, Labour Sectors Likely
India and the European Union are negotiating a free trade agreement that could include significant duty reductions on automobiles, wines, and labour-intensive industries, boosting bilateral trade.
Iran Oil Exports Up, Profits Down Due to Sanctions
Iran exported more oil in 2025 than in years, mainly to China, but profits collapsed due to middlemen exploiting sanctions, deepening the country's economic crisis.
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India-EU FTA to Boost Textiles, Create Jobs: Raymond MD
Gautam Singhania, MD of Raymond Group, highlights how the India-EU Free Trade Agreement will boost the textiles industry and generate employment opportunities.
Manipur Republic Day Tableau Highlights GI Agriculture Success
Manipur's Republic Day tableau at Delhi's parade emphasized how GI-tagged agricultural products are transforming local farming into global economic opportunities, boosting farmer livelihoods.
Gulfood 2026 Breaks Records with Dual Venue Expansion in Dubai
Gulfood 2026, the world's largest food and beverage trade show, has expanded to two venues in Dubai for the first time, covering 280,000 sqm with 8,500+ exhibitors from 195 countries.
Cruz: Vance, Navarro Blocked US-India Trade Deal in Leaked Audio
US Senator Ted Cruz alleges in leaked recordings that VP JD Vance and adviser Peter Navarro obstructed a US-India trade agreement, exposing Trump administration divisions amid ongoing negotiations.
Washington's Largest Trade Mission to India After Seattle Forum
Investment opportunities in AI, quantum, ag-tech and healthcare in India were showcased at Seattle's Invest India Business Forum. Washington State's largest-ever trade delegation will visit India this week to deepen economic ties.
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Trump, Vance Named in Leaked Audio on India-US Trade Stalemate
A leaked audio reveals US Senator Ted Cruz blaming Donald Trump, JD Vance, and Peter Navarro for stalled India-US trade talks amid tariff disputes and political divisions.
India Cuts Car Import Tariffs to 40% for EU in FTA Deal
India plans to reduce import duties on EU cars from up to 110% to 40%, marking a significant opening of its protected auto market as part of a free trade agreement expected this week.
IndiGo Cancels Flights to 4 Cities Till Jan 28 Over Iran Unrest
IndiGo has suspended flight operations to Tbilisi, Almaty, Tashkent, and Baku until January 28, 2026, citing security concerns amid escalating protests in Iran that have claimed over 3,000 lives.
India-EU Trade Deal: Luxury Car Tariffs to Drop to 40%
India and the European Union are poised to announce the conclusion of free trade pact negotiations, with tariffs on luxury cars like BMW, Volkswagen, and Mercedes-Benz potentially slashed to 40%.
Canada Rejects China Trade Deal After Trump Tariff Warning
Canadian PM Mark Carney says Ottawa has no intention of pursuing a free trade agreement with China, responding to Trump's threats of 100% tariffs on Canadian goods if such a deal is made.
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India's Trade Corridors: Geoeconomic Strategy in Action
India shifts from bloc-wide FTAs to a network of trade corridors, balancing geopolitics and commerce. Analysis covers India-EU, ASEAN, EFTA deals and strategic exclusions like China.
EU Trade Deal Better for Indian Farmers Than US Agreement
Analysis reveals why India's free trade agreement with the European Union poses less risk to farmers than a potential US deal, examining agricultural subsidies, market structures, and export opportunities.
IndiGo Cancels Flights to 4 Cities Amid Iran Tensions
IndiGo has cancelled flights to Tbilisi, Almaty, Tashkent, and Baku due to escalating tensions in Iran. The airline is monitoring the situation closely for passenger safety.
IndiGo Cancels CIS Flights, Air India Reviews Routes
IndiGo cancels flights to Tbilisi, Almaty, Tashkent, Baku till Jan 28 and adds fuel stops due to Iran tensions. Air India reassesses transcontinental routes following EASA advisory warning of high risk in Iranian airspace.
Amit Bharat Express Bypasses Alappuzha, Kerala Passengers Unhappy
While Kerala welcomes new Amit Bharat Express trains, passengers express frustration as services avoid Alappuzha due to single-line congestion, demanding better Memu services and route improvements.
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Special Trains Katra-Srinagar Jan 27-28
The Indian Railways will operate two special trains between Katra and Srinagar on January 27 and 28, 2024, to facilitate passenger movement during the winter season in Jammu and Kashmir.
Chennai-Bengaluru Double Decker to Stop at Tiruvallur from 2026
Southern Railway announces Chennai-Bengaluru Double Decker Express will halt at Tiruvallur station from January 26, 2026, but passengers face PRS system issues preventing ticket bookings.
Canada Rejects China Trade Deal, Trump Threatens Tariffs
Canadian PM Mark Carney denies pursuing a free trade agreement with China, responding to US President Trump's warnings of 100% tariffs on Canadian goods if a deal is made.
Nagpur Airport Sees 26.85 Lakh Passengers in 2025
Dr Babasaheb Ambedkar International Airport in Nagpur witnesses a steady rise in passenger traffic, with 26.85 lakh travellers from January to November 2025, reflecting the city's economic growth.
India Motorcycle Exports Hit Record 4.3M Units in 2025
India's motorcycle exports surged to a record 4.3 million units in 2025, marking a 27% increase from 2024 and a 40% rise over pre-pandemic peaks, driven by strong demand in Latin America and Africa.
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India-EU FTA: Zero-Duty Access for Key Sectors
Ahead of the India-EU free trade agreement announcement, sectors like textiles, leather, and automobiles seek tariff elimination to compete with Bangladesh and Vietnam in European markets.
India-EU FTA: Zero Duty Key for Textiles, Leather, Auto
Ahead of the India-EU free trade agreement announcement, domestic industries push for zero-duty concessions in textiles, leather, and marine products to compete with Bangladesh and Vietnam. Auto sector seeks protection from Chinese EVs.
Kashmal Herb Trade Collapses in Chamba Due to US Tariffs
Chamba's lucrative Kashmal medicinal herb export trade has collapsed due to Trump-era tariffs, causing prices to plummet and pushing local extractors into financial distress as international demand evaporates.
PIBC Calls for Pak-India Dialogue on Republic Day
The Pak-India Business Council urges immediate resumption of dialogue between Pakistan and India to resolve issues, highlighting India's economic growth and potential for regional cooperation ahead of Republic Day.
First US-Bound Venezuelan Oil Tanker Departs
A crude tanker chartered by Trafigura has departed Venezuela for the US, marking the first direct shipment under a new 50-million-barrel supply agreement between Caracas and Washington.
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IndiGo Cancels Flights, Air India Reviews Amid Iran Crisis
IndiGo cancels Delhi-Tbilisi and Mumbai-Almaty flights, adds refuelling halts for CIS routes. Air India assesses overflying Iran after East Coast snowstorm, following EASA safety advisories.
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