According to Ranjeet Mehta, CEO and Secretary General of PHD Chamber of Commerce and Industry (PHDCCI), the agreement provides Indian industries with a gateway to a massive USD 23 trillion economy.
Speaking to ANI on Tuesday, Chaturvedi said the agreement underlined the importance of shared values such as democracy, a rules-based international order, and a stable global trade system. She noted that convergence on these principles enabled meaningful cooperation.
The defining moment of this shift is the 2026 conclusion of the India-EU Free Trade Agreement, described as a "mother of all deals," marking a move away from inward-looking policies toward deep integration with key Western economies.
Ahead of the Budget Session set to commence today, Congress leader Tariq Anwar on Wednesday expressed hope that the Union Budget would be in the public interest and would improve the country's economy. Anwar said that the functioning of the Budget Session will depend on what kind of budge
As part of the pact, the European Union will abolish tariffs on 9425 lines of Indian exports, unlocking preferential access valued at USD 75 billion. This move is expected to accelerate India's ambition to reach USD 300 billion in engineering exports by providing entry into a USD 2 trilli
The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-Ma
The European Union has announced 10 million euros for a new phase of its WE-LEAD programme in Afghanistan to support women's livelihoods and businesses. Implemented with UNDP, the initiative aims to expand income opportunities as Afghan women continue to face economic challenges.
Canadian Prime Minister Mark Carney rejected claims he softened his Davos remarks after speaking with US President Donald Trump, reaffirming his stance on global trade and middle-power cooperation while addressing tariff tensions, China trade, and upcoming talks with India.
European Commission President Ursula von der Leyen noted that India-EU ties have never been stronger after both sides finalised a landmark Free Trade Agreement and security partnership. Leaders hailed the deal as a boost to trade, strategic cooperation and shared prosperity amid global un
Addressing a banquet held in his honour at Rashtrapati Bhavan on Tuesday, Costa said, "In an increasingly volatile world, our strategic partnership provides major economic and geopolitical weight. I am proud of the outcomes of today's summit. We have delivered tangible progress and set an
German Foreign Minister Johann Wadephul welcomed the EU-India Free Trade Agreement (FTA), calling it a significant step toward strengthening bilateral ties and supporting global commerce.