New Delhi: India and EU may have agreed to slash import duty on wine and beer, but the impact is unlikely to be significant in these segments, although those consuming vodka and Irish whiskey stand to benefit, provided states do not raise taxes and companies don’t pocket the margins, reports Sidhartha. Industry sources said there…
New Delhi: The India-European Union free trade agreement could make biscuits and chocolates to pasta, olive oil and sausages more affordable in India, expanding choice and easing prices for consumers over the next few years, reports Rupali Mukherjee. Pet food maybe cheaper, too. The agreement has reduced the duty on olive oil, margarine and other…
New Delhi: Indian students and professionals are set to gain unprecedented access to Europe after India and Euro-pean Union finalised a sweeping free trade agreement alongside a mobility framework that commits EU to unca-pped movement for learners.Officials said the pact marks a decisive shift towards talent-led cooperation, with education, skills and research emerging as key…
NEW DELHI: Union commerce minister Piyush Goyal on Tuesday dismissed speculations that US President Donald Trump played a role in bringing India and the European Union together for their landmark free trade agreement, saying “don’t think we even discussed this.”Goyal made these remarks while responding to a question that sought to link the India–EU Free…
The TOI correspondent from Washington: Among Silicon Valley elites where tech titans have largely aligned with President Donald Trump’s purportedly race-driven MAGA vision, Indian-American venture capitalist Vinod Khosla has been an outlier. Exceptional as his opposition to Trump has been, the billionaire tech savant has set off a political and cultural firestorm this week with…
Air India on Tuesday unveiled the interiors of its first custom-built Boeing 787-9 Dreamliner, marking a key milestone in the airline’s ongoing fleet modernisation and standardisation drive under the Tata Group.The wide-body aircraft, featuring newly designed cabins, will be deployed on the Mumbai–Frankfurt route starting February 1. This is the first Dreamliner to join Air…
India and the EU have concluded discussions for a free trade agreement (FTA) that is being called the ‘mother of all deals’ by both sides. It’s a big breakthrough after 18 years of talks, and comes at a crucial juncture in the global economy which is reeling from unpredictable trade and tariff policies of US…
US stock markets opened on a mixed note on Tuesday as strong earnings from major companies lifted technology shares. However, a sharp sell-off in health insurance stocks pulled the Dow Jones Industrial Average lower amid concerns over future Medicare payments.At 9:30 am ET, the Dow Jones Industrial Average fell 305.69 points or 0.62 per cent,…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday, January 27, participated in the traditional Halwa Ceremony, marking the start of the final phase of preparations for the Union Budget 2026–27, scheduled to be presented on February 1.The ceremony was held at the Budget Press in North Block, New Delhi.At the ceremony, Sitharaman was accompanied by…
Hardeep Singh Puri (PTI image) NEW DELHI: Against a backdrop of “prolonged global volatility” triggered by geopolitical tensions, Union petroleum and natural gas minister Hardeep Singh Puri said on Tuesday that fuel prices had risen sharply in major world economies, but India had shielded its citizens from severe price shocks.Speaking at the inauguration of India…
