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India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

The EU’s tariffs on Indian goods are about 3.8 per cent, but labour-intensive sectors attract about 10 per cent import duty. Photograph: Yves Herman/Reuters Key Points The talks started in 2007 India has pushed for zero-duty access for its labour-intensive

Exports rise 1.87% in Dec 2025; trade deficit widens

Exports rise 1.87% in Dec 2025; trade deficit widens

The country’s exports rose 1.87 per cent to $38.5 billion in December 2025 despite global economic uncertainties, though an increase in imports led to a marginal widening of the trade deficit to $25 billion. Photograph: Amit Dave/Reuters Imports rose by