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Adrija Chatterjee

Assistant Editor, Moneycontrol

EU plans to provide €500 million to support India’s climate, sustainable trade efforts

BUSINESS

EU plans to provide €500 million to support India’s climate, sustainable trade efforts

The announcement comes alongside the conclusion of talks for a free trade agreement on January 27, which includes a dedicated trade and sustainable development chapter.

India to gradually cut tariffs on EU cars to as low as 10% under trade deal

BUSINESS

India to gradually cut tariffs on EU cars to as low as 10% under trade deal

The tariff cut on cars will come with a quota of 250,000 vehicles a year.

EU says India to remove, cut tariffs on 96.6% of bloc’s goods via FTA

BUSINESS

EU says India to remove, cut tariffs on 96.6% of bloc’s goods via FTA

According to the Commission, the tariff cuts will save around €4 billion per year in duties on European products, delivering major gains for the bloc’s exporters.

FTA with EU could give an initial $5 billion boost to Indian exports

BUSINESS

FTA with EU could give an initial $5 billion boost to Indian exports

To be sure, the benefits from tariff reductions or eliminations will materialise once the FTA is implemented, which may take at least a year after the deal is signed.

India, EU to adopt new strategic agenda, discuss defence partnership at 16th summit

BUSINESS

India, EU to adopt new strategic agenda, discuss defence partnership at 16th summit

Separately, European Union Trade Commissioner Maroš Šefčovič, who has arrived in New Delhi, said that India and the EU are nearing the conclusion of talks on the proposed free trade agreement

FTA with EU could add $50 billion to India’s trade surplus by FY31

BUSINESS

FTA with EU could add $50 billion to India’s trade surplus by FY31

The FTA between the two nations is expected to lower or eliminate tariffs for India’s labour-intensive sectors, while EU may gain greater market access for its high-end cars and wines.

EU’s new GSP suspension to impact just 2.7% of Indian exports, commerce ministry says

BUSINESS

EU’s new GSP suspension to impact just 2.7% of Indian exports, commerce ministry says

Under the GSP, developing countries like India benefit from reduced tariffs when exporting to the EU, making their goods more competitive

Ex-commerce secy Wadhawan says India–EU FTA to aid labour-intensive exports amid US tariffs

BUSINESS

Ex-commerce secy Wadhawan says India–EU FTA to aid labour-intensive exports amid US tariffs

On non-tariff barriers such as the EU’s Carbon Border Adjustment Mechanism (CBAM), Wadhawan said India has been able to meet the bloc’s existing standards for exports and can navigate stricter regulations.

India can open markets gradually in trade deals using safeguards, says ex commerce secy Wadhawan

BUSINESS

India can open markets gradually in trade deals using safeguards, says ex commerce secy Wadhawan

He said concessions can be granted cautiously for EU cars and wines through safeguards such as tariff rate quotas.

EU’s broader GSP suspension to hit $66 billion of Indian exports for at least a year before FTA relief

BUSINESS

EU’s broader GSP suspension to hit $66 billion of Indian exports for at least a year before FTA relief

Higher tariffs kick in this month, affecting most industrial and apparel exports until the India–EU FTA is implemented

EU FTA without CBAM, steel quota relief may slash India’s engineering exports by 10%

BUSINESS

EU FTA without CBAM, steel quota relief may slash India’s engineering exports by 10%

EU's steel safeguard measures and carbon tax have emerged as major sticking points, which, if left unresolved, could limit India's benefits from the FTA despite tariff reductions.

India, Myanmar discuss local currency settlement, ASEAN FTA review, doubling trade by 2030

BUSINESS

India, Myanmar discuss local currency settlement, ASEAN FTA review, doubling trade by 2030

Bilateral trade between India and Myanmar reached $2.15 billion during 2024–25.

FTA with EU could offer Indian textile exporters a $2-billion opportunity

BUSINESS

FTA with EU could offer Indian textile exporters a $2-billion opportunity

The FTA is expected to be signed on January 27, with EU Commission president Ursula von der Leyen and European Council president António Costa expected in Delhi as the chief guests at the Republic Day parade

Narrowing a $27 billion deficit key to India-UAE’s new $200 billion trade goal

BUSINESS

Narrowing a $27 billion deficit key to India-UAE’s new $200 billion trade goal

While total trade reached $100 billion, the data shows that Indian exports have lagged behind imports, particularly in the previous fiscal year when growth in outbound shipments slowed to 2.8 percent but imports grew 32 percent, largely due to energy shipments.

‘Mother of all deals’: Who could gain what from the India-EU FTA

BUSINESS

‘Mother of all deals’: Who could gain what from the India-EU FTA

Under the deal, the EU stands to gain easier access for its wines, spirits, and automobiles in the Indian market, while India is expected to expand its exports of labour-intensive goods such as textiles, leather, and marine products.

RoDTEP likely to get be extended by a year with higher allocation, officials say

BUSINESS

RoDTEP likely to get be extended by a year with higher allocation, officials say

For FY26, the government has allocated Rs 18,232 crore under the RoDTEP scheme to support exporters

Ahead of Budget, Centre faces competing demands from farmers, textile exporters on cotton import duty

BUSINESS

Ahead of Budget, Centre faces competing demands from farmers, textile exporters on cotton import duty

While textile manufacturers are pushing for the removal of the import duty on cotton to improve competitiveness of exports, farm organisations are opposed to such a move, pointing to a sharp decline in prices

India’s exports pivot towards Asia, select European markets amid US tariffs

BUSINESS

India’s exports pivot towards Asia, select European markets amid US tariffs

In December, shipments to the US fell 1.8% from year-ago period but exports to key markets surged, with China up 67%, Malaysia 65%, Hong Kong 61% and Spain 48%

India’s silver imports up 129% on price rise, supply concerns

BUSINESS

India’s silver imports up 129% on price rise, supply concerns

The surge in silver imports comes at time when gold has slipped and petroleum growth slowed, likely driven by global price spikes and China export curbs

India-EU FTA close to finish; sensitive agri goods to stay out

BUSINESS

India-EU FTA close to finish; sensitive agri goods to stay out

The comments come amid expectations that European Union leaders, including European Commission President Ursula von der Leyen will visit New Delhi later this month for an India-EU summit.

First tranche of India-US trade deal near but can't put a date on it, says commerce secretary

BUSINESS

First tranche of India-US trade deal near but can't put a date on it, says commerce secretary

Both sides remain engaged and committed to securing a deal, Rajesh Agrawal said, dismissing speculation about a scenario where talks could fail

Budget 2026–27: India’s tariff-hit exporters seek duty rationalisation, carbon compliance relief

BUSINESS

Budget 2026–27: India’s tariff-hit exporters seek duty rationalisation, carbon compliance relief

Exporters are seeking lower import duties on raw materials, continued support for MSME-led exports, and measures that ease cash-flow pressures. Support for clean energy adoption and technology upgrades is also seen as important to meet global market requirements.

Trump’s Iran tariff: India’s $1.2-billion exports at risk but top shipment rice safe

BUSINESS

Trump’s Iran tariff: India’s $1.2-billion exports at risk but top shipment rice safe

Rice shipments alone accounted for $757.3 million, or over 61 percent of India’s total exports to Iran, making it the most exposed category by value

India eyes defence exports, tech transfer via Russia-led EAEU FTA

BUSINESS

India eyes defence exports, tech transfer via Russia-led EAEU FTA

In 2023–24, India’s arms and ammunition shipments to Russia accounted for only a small share of its global defence sales and an even smaller portion of overall exports to Russia, underscoring the limited scale of trade in this segment.

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