Page 5 - Trade Deal

India-EU FTA announced: Watch joint press meet of PM Modi & European Council

India and the European Union (EU) on Tuesday (January 27, 2026) announced the conclusion and finalisation of negotiations for a free trade agreement.

PM Modi announces signing of India-EU trade deal, hails landmark agreement

Modi said people are discussing it as a "mother of all deals", and this agreement has brought a lot of opportunities for 140 crore Indians and crores of Europeans

India, Russia likely to achieve $100 billion trade target by 2030: Envoy

India and Russia are moving confidently to achieve a target of USD 100 billion in bilateral trade by 2030 and steps are being taken to expand the trade basket, Ambassador Vinay Kumar said on Monday. "The past year has been particularly active. We had a very successful visit of President (Vladimir) Putin. Achieving the bilateral trade target of USD 100 billion by 2030 is eminently possible," Ambassador Kumar said while talking to PTI on India's 77th Republic Day. "Steps are being taken, including identification of new items, and a free trade agreement will facilitate the achievement of this target," he added, noting that trade has increased with new opportunities in fertilisers, agriculture and engineering. According to reports, in FY 202425, India-Russia bilateral trade reached a record high of approximately USD 68.7 billion due to massive import of Russian crude. "More of the trade is being conducted already in the national currencies and this trend will continue as we further dee

Rupee likely to trade around 92.50 per dollar by March-end: BS Poll

Trade deal with US could reverse the fortune of the Indian currency

With EU FTA, textile firms hope to surpass Bangladesh in European exports

India's textile and apparel industry expects the India-EU trade deal to boost exports, help Tiruppur overtake Bangladesh in Europe and revive growth after tariff-led losses

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

EAM Jaishankar meets EU envoys, pushes for stronger trade, security tieups

Ahead of the India-EU Summit on January 27, External Affairs Minister S Jaishankar met EU ambassadors and pitched stronger trade, mobility and security ties to help stabilise a volatile global order

US senator Steve Daines pushes for American pulses' access to Indian market

US Senator Steve Daines urged faster India-US trade talks, pressing for greater market access for American pulses, a long-standing and sensitive issue for New Delhi

Rupee sees worst single-day fall in 2 months on importer dollar demand

Heavy importer demand and maturing NDF positions pushed the rupee to its steepest one-day fall in two months, even as RBI dollar sales capped deeper losses

India-EU trade deal will be 'mother of all deals', says Piyush Goyal

The free trade agreement between India and the 27-nation bloc EU will be the "mother of all deals", Commerce and Industry Minister Piyush Goyal said on Friday. He also said that the proposed agreement will be a good and mutually beneficial trade pact. "This will be the mother of all deals," Goyal told reporters here. He also said that the bilateral trade between the two sides is reasonably balanced in goods and services. It will also be a "super deal" for Indian export sectors, he added. Commerce Secretary Rajesh Agrwal on Thursday said India and the EU are "very close" to concluding negotiations on the proposed free trade agreement (FTA). He said the discussions are underway to resolve remaining issues so that the deal is ready for announcement during the visit of top EU leadership later this month. The government has finalised seven trade agreements since 2014.

India, EU likely to conclude much awaited FTA talks on January 27

'Sensitive' agri issues may be off the table

India-EU trade deal likely on Jan 27, EU leaders to attend summit in Delhi

President of the European Council Antonio Luis Santos da Costa and President of the European Commission Ursula von der Leyen will be on a state visit to India from January 25 to 27

India, US restart virtual trade talks; Sergio Gor presents credentials

India and the US have resumed virtual talks on a bilateral trade deal after the holiday break, with both sides signalling commitment but no timeline yet for in-person negotiations

Govt dismisses claims of suspending trade with Afghanistan amid Iran unrest

The government on Tuesday dismissed claims by some Pakistani social media accounts that India has suspended trade operations with Afghanistan due to unrest in Iran, saying the reports were completely false. It said that a fabricated letter is being circulated by Pakistani propaganda accounts on the matter. Iran is witnessing widespread nationwide protests. "A fabricated letter is being circulated by #Pakistani propaganda accounts, falsely claiming that India has temporarily suspended trade operations with #Afghanistan due to escalating unrest in #Iran," PIB Fact Check said in a social media post. In 2024-25, India's exports to Afghanistan stood at USD 318.91 million, while imports were aggregated at USD 689.81 million.

Determined to cross finish line on trade deal: US envoy Sergio Gor

Says both nations remain 'actively' engaged, next call scheduled on Jan 13

Modi didn't call Trump: Lutnick on why India-US trade deal didn't happen

US Commerce Secretary Howard Lutnick also added that the US had expected the trade deal with India to be closed before others

US tariffs, shifting metrics and the risks facing India's economy in 2026

As the US disrupts global trade and India pushes major trade deals, 2026 will test whether reforms, new economic measures and shifting geopolitics can sustain India's growth momentum

2025: When multilateralism weakened, but global trade remained resilient

In 2025, multilateral trade rules weakened as the US raised tariffs, yet global trade stayed resilient, led by strong supply chains, China's leverage and India's adaptive policy response

Yearender 2025: The economy sailed through, but the waters are uncertain

Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead

India-US to resume trade talks in January after year-end holiday pause

Talks are going on for the last nine months, with no outcome, despite over a half dozen rounds of in-person formal and informal negotiations