The Stoxx Europe 600 Index was down 0.3% by the close, extending losses since Monday to 2.2%.
The EU is confronting red tape and infrastructure bottlenecks that could slow the movement of tanks and heavy equipment across Europe, prompting new efforts to streamline permits and strengthen military mobility.
Global policy uncertainty has dampened export-linked offtake under India’s National Green Hydrogen Mission (NGHM), slowing final investment decisions and pushing back timelines for large-scale green hydrogen and ammonia projects.
Sources say New Delhi is seeking relief from the EU’s proposal to double duties on steel to 50% and tighten steel import quotas, while weighing tariff concessions on high-end European cars under the FTA
The 27-nation bloc is looking to ramp up pressure on Moscow and tighten controls, as air incursions and unexplained drone flights fuel worries the Kremlin is seeking to destabilise Europe.
The Centre is unlikely to issue any new QCOs while the review is underway, which also aims to ease the regulatory burden on MSMEs, who face higher costs and sourcing difficulties due to existing orders being heavily focused on raw materials.
The move reflects a strategic shift in India’s European fuel trade, reducing reliance on northern distribution hubs such as The Netherlands in favour of direct end markets such as Spain
The trade deal with EU could even happen by November, it is learnt, given that there is consensus on key issues such as automobiles, whisky and wine, on which the 27-nation bloc is seeking significant tariff reductions.
India’s upcoming carbon mechanism is expected to offset costs from the EU’s carbon tax, even as New Delhi continues to seek concessions beyond the FTA for smaller exporters.
EU leaders are set to approve a €140 billion loan to Ukraine, funded via matured Russian frozen assets. The plan aims to sustain Kyiv’s war effort, but legal and political hurdles remain.
As the EU prepares an ambitious Action Plan to rescue and decarbonise its steel industry, India must assess the global impacts, policy lessons, and cooperation opportunities arising from Europe’s evolving strategy
The ninth round of negotiations with Peru will be held from November 3 to 5, while a third round with Chile is planned for October 27 to 31. The South American countries are emerging as important sources of rare earths
Despite a thaw in diplomatic ties, the commerce ministry is prioritising ongoing FTA negotiations with several countries, making the resumption of FTA talks with Canada unlikely this year
India and the EU are focused on ironing out outstanding issues, particularly those related to market access, regulatory cooperation and agricultural sensitivities, the commerce ministry said on October 15.
While the EU is seeking greater market access in automobiles and agriculture products, India wants relaxations in the carbon tax on imports of steel, aluminium, cement and fertiliser which kicks in from January
The thirteenth round of EU-India free trade agreement (FTA) negotiations took place in New Delhi during September 8-12, with two additional days of technical sessions on Rules of Origin held on September 13-14.
Even as India and the EU aim to close talks for the trade deal by the end of the year, the bloc’s multi-stage ratification process means it would be some time before the agreement comes into effect
Brussels reiterated its aim to conclude a free-trade agreement with India this year. The two sides are “exploring the creation of an EU-India Security and Defence Partnership,” the statement said.
The EU, on the other hand, is seeking concessions for flagship exports such as wine and automobiles through the free trade agreement with India.
Over 70% of Europe’s imports of yachts, musical instruments and Christmas decorations now come from China
India and the European Union are maximising efforts to finalise the proposed trade deal by 2025-end, said Maroš Šefčovič, EU's Commissioner for Trade and Economic Security.
About 80 GW of the 100 GW target will be executed by NPCIL and NTPC through larger projects. The remaining 20 GW will be open to the private sector and mostly be executed through small module reactors, government officials have told Moneycontrol
The 13th round of talks for the proposed FTA between India and the EU has entered its fourth day, and is expected to continue until September 13. The bloc’s Trade Commissioner Maroš Šefčovič will join negotiations from September 12.
In February, India and EU decided to ramp up talks for a proposed free trade agreement and close it by the end of 2025 to tide over impending troubles from volatile trade policies.
India is seeking some flexibility in the EU's Carbon Border Adjustment Mechanism (CBAM) which comes into effect from January 1 next year. Meanwhile, it is also mulling a domestic carbon tax to offset CBAM and retain revenue within the country.