Economy

India, EU near FTA finish line as Piyush Goyal flags 'fruitful outcome'

Commerce Minister Piyush Goyal said India and the European Union are close to a fruitful conclusion of free trade agreement talks, with the outcome expected to be announced

India-EU Summit: Cabinet okays security, mobility pacts before FTA close

Ahead of the 16th India-EU Summit, the Union Cabinet has approved some proposed agreements, including on security, defence and mobility

Govt to slash tariffs on cars to 40% in trade deal with EU: Report

India plans a sharp cut in car import tariffs for EU automakers, signalling its biggest market opening yet as New Delhi and Brussels near a landmark free trade pact

India-EU pact likely to expand trade, not threaten domestic industry: GTRI

The Global Trade Research Initiative (GTRI) said that as global trade is increasingly shaped by tariffs, geopolitics and supply-chain realignment, the India-EU economic relationship stands out for its

India, EU to announce conclusion of landmark free trade pact on Jan 27

The pact is nearing the finishing line after 18 years. The talks started in 2007.

Q3 results, US Fed rate decision, Budget likely to steer market movement

The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1. The NSE and BSE will conduct live trading on Sunday, February 1, when the Budget is presented

Rupee at 92/USD: Imports, overseas education, travel hurt; exporters gain

The rupee's slide to a record low against dollar is set to raise the cost of imports, overseas education and foreign travel, fuel inflation concerns, while offering limited relief to Indian exporter

IEW 2026 to see $780 million crude deal with Brazil, shipbuilding pact

Agreements including a $780 million crude import pact with Brazil and ethane carrier construction contracts are set to be signed as India seeks to bolster energy self-reliance

'Govt pivots crude sourcing for certainty, keeps select Russian barrels'

India will likely keep buying of Russian crude in early 2026, but at a slightly lower level than the record highs seen in 2023-2025, says Lead Research Analyst, Refining & Modeling, Kpler

EU's Von der Leyen, Kallas arrive in India ahead of Summit, FTA conclusion

In a post on X, MEA spokesperson Randhir Jaiswal shared photographs and described the visit as a step forward in bilateral engagement

Cuba keen to deepen economic ties with India across key sectors: Envoy

The envoy said his country allows companies the use of land for business purposes, and offers an electronic visa facility to facilitate ease of travel and investment

Indian firms want to invest in Canada's resources: British Columbia premier

India is a key target market for Canada under Prime Minister Mark Carney, who's set a goal of doubling the country's non-US trade in a decade

US signals rollback of Trump's 25% tariff as India cuts Russian oil imports

US Treasury Secretary said that India's sharp reduction in Russian oil imports shows that tariff pressure has worked, opening the door for a rollback of the additional 25% duty imposed by Trump

EU's new GSP curbs impact only 2.7% of India's exports to the bloc: Govt

The EU's revised GSP rules will affect just 2.66% of India's exports to the bloc, with most major industrial sectors already graduated due to higher competitiveness

States' gross fiscal deficit topped 3% in FY25 after 3 years: RBI report

States' fiscal deficit crosses 3% of GDP in FY24 after 3 years; capital spending rises as liabilities remain manageable, says RBI report

How India's 2027 housing Census questionnaire is different from 2011 Census

India's 2027 housing census trims questions but adds digital-age indicators like internet and smartphones, marking a shift from the 2011 houselisting approach

Lula's visit to focus on defence, open office of Brazilian trade in Delhi

Brazilian President Lula will visit India from Feb 19-21 to inaugurate an ApexBrasil office in New Delhi, attend the AI World Summit and sign agreements spanning defence, critical minerals, energy

GSTAT eases appeal scrutiny norms in initial phase to help taxpayers

In a relief for taxpayers, the GST Appellate Tribunal has asked registries to take a lenient view on procedural defects in appeals during the initial six months

FDI inflows to India surged 73% to $47 billion in 2025, says UNCTAD

FDI inflows to India jumped 73% to $47 billion in 2025, driven by strong investments in services, IT, R&D and manufacturing, according to UNCTAD

India, EU near FTA finish line, aim to close talks at January 27 summit

India and the European Union are in the final and most difficult phase of free trade agreement talks, with both sides aiming to announce the conclusion at the India-EU Summit in New Delhi on January 2