Economy

Two decades in the making, India and EU reach deal opening up markets

Historic agreement phases out tariffs on over 90% of bilateral trade while shielding India's sensitive agricultural and burgeoning EV sectors

Energy sector has $500 billion investment potential: PM Narendra Modi

Prime minister says pact covers a quarter of global GDP as India builds export-oriented energy ecosystem

India-EU FTA weaves new hope into $100 billion textile export dream

To double apparel exports to Europe from $5.5 billion to over $11 billion in five years

India-EU FTA: India's gems & jewellery sector on par with China, Thailand

India-EU FTA brings zero-duty access for gems and jewellery, putting Indian exporters on par with China and Thailand and opening Europe's vast market

India-EU FTA: Indian pharma to get stronger dose of EU market access

EU's zero-tariff offer on most chemical and medical exports is set to boost India's pharma, medtech and biosimilars access to European markets

India, EU seek to reduce strategic dependencies amid uncertainty

13 agreements signed at the India-EU summit underline a joint push to reduce strategic dependencies, deepen trade and defence cooperation, and strengthen supply chains amid a fragmenting global order

India-EU free trade agreement to improve access to premium alcobev brands

While detailed provisions of the agreement are awaited, the initially released agreement indicates that import tariffs will be reduced to 75% from current 150% across all EU spirits, wines categories

India-EU FTA: Mercedes to Lamborghini, luxury cars likely to get cheaper

Indian auto component makers cheer the India-EU trade deal, while luxury car brands see long-term demand boost as import duties ease, even as local automakers' stocks slip

Budget 2026 Outlook: How India's infra push may change in the next phase

As Budget 2026 approaches, policymakers and industry leaders weigh how India's infrastructure push may evolve - balancing capex momentum, fiscal discipline and private investment

Budget 2026 Outlook: Will India's debt-anchored fiscal reset make a mark?

The FY27 Union Budget will test India's shift to a debt-based fiscal framework as tax risks, Finance Commission changes, capex priorities and election pressures shape policy choices

Stakeholders seek further tax reforms, higher standard deduction in Budget

With many income tax incentives already expired or approaching sunset, 34% of respondents said they expected the government to bring back a manufacturing-linked lower tax rate regime

India-EU FTA to boost marine exports with tariff cuts of up to 26%

Concerns over non-tariff barriers for farm and animal products remain

Budget 2026 Outllook: The 16th Finance Commission and fiscal consolidation

An examination of Finance Commission awards from the 11th to the 15th shows that transfers to states have not materially strained the Centre's finances, even during periods of higher devolution

EoI deadline for Customs Integrated System extended to Jan 31

According to the revised notice, the timelines for both purchase of the EoI document and bid submission have been revised from the earlier January 21 deadline

RBI brings forward ₹1 trillion bond purchases to ease liquidity pressure

The RBI bought 3 ​trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record 5.7 trillion rupees

India-EU FTA to benefit industry on both sides, spur investments: Goyal

Speaking after the conclusion of the India-EU free trade agreement, Goyal said the pact was a win-win for all sections of industry in India as well as Europe

India-EU trade agreement: Key highlights from 'Mother of all deals'

Prime Minister Narendra Modi said that the free-trade deal accounts for 25 per cent of global gross domestic product and about one-third of global trade

India-EU trade deal: Exports to double; tariff reductions on 96% goods

The trade deal, which is being called the 'mother of all deals', will strengthen economic and political ties between the world's second and fourth largest economies

Offers of Venezuelan oil limited, most going to US, say Indian refiners

Indian refiners say only small volumes of Venezuelan crude are being offered as most supplies are directed to the United States

India to get access to EU market for over 99% of exports under FTA: Goyal

This partnership, he said, was forged between the fourth and the second-largest economies, accounting for one-third of global trade