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Historic India-EU deal signed: Kaja Kallas calls it a milestone for trade, security and cooperation

European Union High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas on Tuesday welcomed the agreement, stating that India and Europe have the potential to significantly deepen cooperation across multiple sectors, including trade, security and defence.India and the European Union have concluded long-running negotiations on a landmark free…

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India-EU FTA: Which liquor brands could get cheaper with the ‘mother of all deals’

Imported European wines, whiskies and beers are set to become significantly cheaper in India following the conclusion of a “historic” free trade agreement (FTA) between India and the European Union, described by leaders of both India and EU as the “mother of all deals”.Under the pact unveiled, India will sharply reduce some of the import…

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Budget 2026 banking expectations: Pension changes, insurance reforms, tax relief & more

Union Budget 2026 is knocking on the door and different sectors have laid out their expectations and demands from the government. According to a report by the State Bank of India, this Budget can be an opportunity for the central government to introduce reforms in taxation, insurance and pension schemes aimed at boosting household savings,…

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Aviation push: Adani Group enters MoU with Brazil’s Embraer to set up regional aircraft manufacturing facility

Adani Group on Tuesday entered in a strategic collaboration with Brazilian aircraft maker Embraer to set up a regional aircraft manufacturing facility in India, taking a step towards the country’s push towards indigenous manufacturing in civil aviation.Adani Defence & Aerospace and Embraer formalised the partnership with the signing of a Memorandum of Understanding, at an…

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India, EU seal ‘mother of all FTAs’: 96% trade to go tariff-free; small cars and dairy stay protected

NEW DELHI: India and the European Union on Tuesday announced the finalisation of “mother of all FTAs”, that will result in gradual tariff reduction for 96% of exports from both sides, while keeping contentious items such as cereals and dairy products outside the ambit.While Indian textiles, marine products, leather and footwear, gems and jewelry, toys…

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Bank strike today | Bank holiday news: Are public sector banks (SBI, BOB, PNB, Canara Bank, Union Bank of India) open for customers? | India Business News

Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as bank unions go ahead with a nationwide strike to press for the immediate implementation of a five-day work week. The strike has been called by the United Forum of Bank Unions (UFBU), an umbrella body of nine unions…

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‘Dollar assets gain favour among India’s wealthy as Rupee depreciates’

BENGALURU: India’s wealthy are increasingly looking to diversify into dollar-denominated assets, with some citing the GIFT City route as a preferred gateway to global investing, according to the India Luxury Residential Outlook Survey 2026 released by India Sotheby’s International Realty. A significant share of HNIs and UHNIs are concerned about the rupee’s depreciation against the…

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