Prime Minister Narendra Modi on Tuesday announced the signing of the India-EU Free Trade Agreement (FTA), saying it accounts for 25 per cent of global GDP and one-third of global trade.
US and India will promptly implement this framework and work towards finalising the interim agreement with a view to concluding a mutually beneficial bilateral trade agreement.
The rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.
India has clarified its position on the proposed interim trade agreement with the US, stating that the joint statement remains the basis for mutual understanding. Amendments to a White House fact sheet reflect shared understandings, with both sides working towards finalizing the agreement.
Both countries commit to provide each other preferential market access in sectors of respective interest on a sustained basis
New Zealand has taken a binding commitment under its Free Trade Agreement (FTA) with India to amend its laws within 18 months of the pact's implementation to facilitate the geographical indication (GI) registration of Indian goods besides wines, and spirits in the island nation. The current GI law of New Zealand only allows India's wines and spirits to be registered.
Long security lines, hours of sitting, surprise naps and that mid-flight stretch demand outfits that won't betray you halfway through the journey.
Several farmer organisations in India are protesting the proposed India-US trade deal, expressing concerns about its impact on the agriculture sector and demanding the resignation of the Commerce Minister.
The Congress party has criticized the Indo-US trade agreement, calling it a 'surrender' of India's self-esteem and interests, and a betrayal of Indian farmers and MSMEs.
India has been on an FTA-signing spree of late. Since 2021, it has signed eight trade agreements, three of which -- with the UK, Oman and New Zealand -- were finalised in 2025 alone.
India will not provide any duty concessions on British wines and is offering only limited import duty benefits on UK beer under the free trade agreement (FTA) between the two countries, announced on May 6, according to an official. The other sensitive agri products where India will not offer any reduction in the import duty include dairy products, apples, cheese, oats, animals and vegetable oils under the agreement with the United Kingdom.
New Delhi will substantially reduce tariffs on industrial and agricultural goods while continuing to protect sensitive sectors. Tariffs on some agricultural products that are not traditionally considered sensitive will be brought down to zero, while in the case of relatively sensitive items, duties will be reduced in a graded manner and quotas will be imposed.
The US said India will lower tariffs on a "vast array" of American industrial and agricultural goods, such as "fruits, vegetables", to zero per cent under the trade deal announced by President Donald Trump.
The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.
US President Donald Trump has again credited himself for ending the conflict between India and Pakistan, asserting Norway controls the Nobel Peace Prize. He claims he deserves the honor for ending eight wars and saving millions of lives.
In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.
A train ride for Christmas? Why not?!
Across the globe, drinking habits paint a fascinating picture. Which countries have the highest consumption of alcohol?
India and the European Union are set to announce on January 27 the conclusion of negotiations and finalisation of a free trade agreement, which is aimed at boosting economic ties between the two regions amid disruptions in global trade due to US tariffs, an official said.
A Bombay shaadi with singing, dancing, prayers and great food!
'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'
Dubai spoils you, discovers Rishika Shah, and you don't even realise it until you leave.
Regena Cassandra posted beautiful pictures from her trip to Munich, and posted them on social media with fun captions.
The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.
Kerala has earned a spot on Rough Guides' list of the world's top travel destinations for 2026, with the popular guidebook publisher highlighting the state as a must-visit location for the year ahead.
Reigning classical World champion D Gukesh, Arjun Erigaisi and world No.1 Magnus Carlsen were among the leaders after the first five rounds on the opening day of the FIDE World Rapid Championships in Doha on Thursday.
Add a splash of excitement to your cooking and create food enhanced with a touch of alcohol.
The beautiful twinkling Christmas markets that come up across the world, as December begins, allow you to step into the magic Christmas.
From Vori-Vori to Arroz Tapado and Punjab's kulchas... This is what the world loves to eat!
Which are some of most special places in the world to celebrate Christmas?
A forensic science student's meticulously planned murder of her live-in partner, inspired by crime web series, was foiled by CCTV footage and forensic analysis.
A deepening payment paralysis in Telangana's liquor industry is beginning to choke manufacturing units and strain supplies, employment, and the broader investment landscape, industry bodies have warned, as unpaid dues accumulate to levels they describe as "unprecedented" and "severe".
October was all about AMAZING Diwali fashion. So who all got it right in the style department? Let's check out!
The actor recently vacationed in Australia with her husband Gautam Kitchlu and posted gorgeous pictures.
TasteAtlas has unveiled its global line-up of top chicken dishes. It's no surprise that Butter Chicken is No 5.
The GR says that shops and commercial establishments may remain open on all days of the week, provided that every employee is allowed a continuous rest period of at least 24 hours in a week.
Sachin Tendulkar is soaking up the sun in Bordeaux, the picturesque French port city.
Sri Lankan batting great Kumar Sangakkara will return to Rajasthan Royals to lead the coaching staff after the exit of Rahul Dravid as head coach.
Have you ever tried tossing up a simple chickpea salad with a wine and apple cider dressing? It bumps it up to the gourmet category.
Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances