Iran speaker of parliament said Sunday that the Islamic Republic now considers all European Union militaries to be terrorist groups. The comment by Mohammad Bagher Qalibaf follows an EU agreement last week to list Iran's paramilitary Revolutionary Guard as a terrorist group over its part in the bloody crackdown on nationwide protests in the country. Qalibaf cited a 2019 law as authorization for the announcement. That law was passed after the US listed the Guard as a terrorist group and allows for reciprocal action by Iran against any nations that follow that decision. Qalibaf made the announcement as he and others wore Guard uniforms in parliament. Qalibaf was a commander in the Guard.
Textile-related stocks rally: Finance Minister Nirmala Sitharaman in Budget 2026 proposed to set-up mega textile parks to focus on value addition in technical textiles.
India's exports to the EU could double to $150 billion within five years of the FTA, says Piyush Goyal, stressing balanced market access while protecting sensitive sectors
The India-EU trade deal boosts exports, jobs and farmers' income, and allows Indian professionals to work in the EU. Here are key FAQs on farming, services and mobility
India and the EU have signed a free trade agreement aimed at boosting exports, jobs and mobility. Here are key FAQs on tariffs, farmers and services under the trade deal
European Union ministers approved adding Iran's Revolutionary Guard to the terror list and announced sanctions; Iran hit back, calling the move a 'major strategic mistake'
Chennai-based Kothari to buy considerable stake in Kickers BBV
The India-EU free trade agreement is expected to benefit a wide range of domestic sectors and deepen India's trade engagement with one of the world's largest economic blocs, experts said. Negotiations for the agreement have been concluded and expected to come into force later this year. The experts said that the agreement announced on January 27 is set to significantly transform India's automotive sector by attracting foreign direct investment into its auto component industry and fostering deeper integration into global value chains. "The IndiaEU trade pact marks a significant step forward in strengthening market access and trade competitiveness," Sanjay Budhia, Chairman of CII's National Committee on Exports and Managing Director of Patton International Ltd, said. He added that the deal is expected to provide preferential access across a host of traded goods, creating meaningful opportunities for domestic businesses. "The agreement is likely to benefit multiple sectors and deepen
Nobel laureate economist Abhijit Banerjee said the India-EU free trade agreement was "a strategic alignment", sending a signal to Washington, amid the high tariffs imposed by the Donald Trump administration, that "we don't need the US as much as America thinks we do". He, however, cautioned that the much-touted pact, described as the "mother of all deals", would not automatically translate into broad-based gains unless India dramatically improves efficiency and logistics. In an interview with PTI, Banerjee said India was yet to fully understand the nature of American resistance under President Donald Trump's leadership, noting that the US had shown "limited interest" in bargaining with India despite repeated US claims of imminent agreements during the period of heightened trade tensions. "It is certainly a strategic alignment. It sends a signal to the US- from Europe and from India - that we don't need the US as much as the US thinks we do. That can be useful if the idea is to bring
US Treasury Secy Scott Bessent criticised EU's trade deal with India, saying Brussels prioritised commercial interests over support for Ukraine and indirectly financing Russia through oil purchases
India's FTA with the EU boosts market access for 99% of exports, aiding labour-intensive sectors while cheaper EU machinery imports could support domestic manufacturing
India and the EU will set up rapid response and escalation mechanisms under the FTA to address regulatory measures like CBAM that could disrupt bilateral trade
Move to block non-Europe firms from using lower duty to dump cars in India
Proposed EU trade pact could shift sourcing from Southeast Asia to Indian export clusters
Vietnam has signed 17 trade pacts as it seeks double-digit expansion of its trade-reliant economy
In fiscal 2024-25 (FY25), India, according to HSBC, exported $76 billion worth of goods to the EU and bought $61 billion worth of goods from the EU
India-EU FTA to lower tariffs on pharma, potentially making GLP-1 therapies like semaglutide cheaper and boosting adoption among diabetics in India
In her address to a joint sitting of Parliament, President Droupadi Murmu highlighted the India-EU free trade agreement, defence exports, welfare delivery and manufacturing growth
India will allow EU banks to open up to 15 branches over four years under the trade pact, while Indian banks will face no such cap in the EU
The EU office will act as a single access point for Indians exploring authorised study and work routes across EU member states