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 and the European Union (EU) on Tuesday (January 27, 2026) announced the conclusion and finalisation of negotiations for a free trade agreement.
New office will guide Indian workers, students and researchers on authorised EU pathways as mobility framework aligns with FTA talks
Sensex Today | Stock Market Highlights: Among the broader indices, Nifty Midcap 100 and Nifty Smallcap 100 ended higher by 0.59 per cent and 0.41 per cent, respectively
The EU has not provided any concessions to India on its carbon regulations in the trade pact, but has agreed that any relaxations granted by the 27-nation bloc to other countries under the CBAM provisions will automatically extend to Indian exporters, an official said on Tuesday. The free trade agreement also provides for a rebalancing of rights in case the EU's measures under this regulation impair pact benefits to Indian firms or if it fails to establish the grounds for the same. Carbon Border Adjustment Mechanism (CBAM) or the carbon tax, which came into effect on January 1, was one of the contentious issues of the trade pact between India and the European Union (EU). Under the mechanism, the EU will impose a carbon tax on goods such as steel, aluminium, fertiliser and cement as they emit carbon beyond a specified threshold during manufacturing. Presently, the tax applies to steel and aluminium products. "CBAM is a difficult issue. It is a horizontal regulation without any ...
Beyond the quota, the trade pact has negotiated a rate cut to 35 per cent over 10 years for fossil-fuel powered cars, officials added
Deal aims to boost trade diversification, labour-intensive exports and services while safeguarding sensitivities on both sides
Deal likely to be announced on Tuesday; legal scrubbing, pact signing may take 5-6 months
India and the European Union will unveil a Security and Defence Partnership at the 16th India-EU Summit, alongside progress on a free trade agreement, mobility framework & wider strategic cooperatio
European Commission President Ursula von der Leyen said India's success benefits global stability as she and European Council President António Costa attended the Republic Day parade ahead of the Indi
An announcement on the conclusion of talks on an ambitious free trade deal and finalisation of a strategic defence pact as well as a mobility framework are set to be the main deliverables at the India-European Union summit talks on Tuesday. Prime Minister Narendra Modi will host European Commission President Ursula von der Leyen and European Council President Antonio Costa at the summit that is expected to produce a broader vision by the two sides to navigate the geopolitical flux triggered by Washington's policies on trade and security. Costa and von der Leyen graced the 77th Republic Day celebrations at the Kartavya Path here as chief guests. "A successful India makes the world more stable, prosperous and secure. And we all benefit," Von der Leyen said on Monday. Von der Leyen also described the participation of an EU military contingent at the Republic Day parade as a powerful symbol of the deepening security cooperation between the two sides. "It will culminate tomorrow in the
A successful India makes the world more stable, prosperous and secure, European Commission President Ursula von der Leyen said on Monday, after witnessing the 77th Republic-Day celebrations at the majestic Kartavya Path here, a day ahead of the India-EU summit. Von der Leyen and European Council President Antonio Costa attended the Republic-Day parade as chief guests, joining a select group of global leaders to have graced the country's biggest ceremonial event in the last seven decades. President Droupadi Murmu, Prime Minister Narendra Modi, Defence Minister Rajnath Singh, several other Union ministers, the country's top military brass, foreign diplomats and senior officials were among the spectators. "It is the honor of a lifetime to be Chief Guests at the Republic Day celebrations. A successful India makes the world more stable, prosperous and secure. And we all benefit," Von der Leyen said on social media after the ceremony. It was the first time that two top leaders of the ...
Reduction in customs duty on imported cars under the India-EU free trade agreement could enable the growth of the luxury car segment in India, which currently remains minuscule, BMW Group India President and CEO Hardeep Singh Brar said on Monday. The domestic luxury car segment accounts for just 1 per cent of the overall passenger vehicle segment. The India-EU Free Trade Agreement would be a historic milestone benefiting both sides by expanding trade and enabling deeper exchange of technology and innovation, Brar said in a statement. "From an automotive industry perspective, we hope the FTA will include balanced, win-win provisions that help stimulate demand in the luxury segment while strengthening supply chain integration which is especially important in the current geopolitical context," he added. If customs duties on completely built units are reduced, it would help expand the luxury car market in India, Brar stated. "While CBUs (completely built units) currently account for a
A Commission spokesperson did not immediately respond when asked to confirm if an investigation had been opened
Prime Minister Narendra Modi on Monday said the presence of leaders of the European Union at the Republic Day celebrations underscores the growing strength of the India-EU partnership and the commitment to shared values. "India is privileged to host European Council President Antonio Costa and European Commission President Ursula von der Leyen during our Republic Day celebrations," Modi said in a post on X. "Their presence underscores the growing strength of the India-European Union partnership and our commitment to shared values," he said. The prime minister said the visit of the EU leaders will add momentum to the deepening engagement and cooperation between India and Europe across diverse sectors.
Russia has sharply increased the intensity and scale of its attacks on Ukraine's energy sector, causing blackouts across entire regions and constant restrictions on electricity supplies to industry
Von der Leyen wants what she called "the mother of all deals." Prime Minister Narendra Modi should give it to her when she arrives as chief guest at India's Republic Day
India marks its 77th Republic Day on Monday; President Droupadi Murmu will lead celebrations with EU leaders as chief guests, parade highlights 150 years of Vande Mataram
Ahead of the 16th India-EU Summit, the Union Cabinet has approved some proposed agreements, including on security, defence and mobility
India and the EU move to conclude a much-awaited trade pact while elevating security, defence and mobility ties, signalling a broader strategic alignment amid global uncertainty