Economy News ( English version)

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  • Modi has a shot at history-making with EU’s India visit January 26, 2026
    European Commission President Ursula von der Leyen has placed India at the centre of Europe’s trade strategy, urging closure of the long-pending India-EU free trade agreement. The deal could boost economic ties, reflect India’s strategic confidence, and alter global trade dynamics.
  • India to slash tariffs on cars to 40% in trade deal with EU, sources say January 26, 2026
    India is set to significantly reduce import duties on cars from the European Union. Tariffs will drop to 40% from as high as 110%. This move is part of a major free trade agreement expected soon. European automakers like Volkswagen and BMW will see easier market access. This pact aims to boost bilateral trade and Indian exports.
  • Canada holds firm on trade pivot as energy minister heads to India January 26, 2026
    Canada is pursuing a strategy to boost trade beyond the United States. Foreign Minister Anita Anand stated the nation will not be deterred by recent threats from the Trump administration. Canada aims to double its non-US exports within ten years. This diversification includes forging new trade relationships with countries like India.
  • Budget 2026: India Inc may get income tax exemptions for deploying CSR funds into vocational training January 25, 2026
    Union Budget: The government is considering income tax exemptions for companies that deploy CSR funds toward vocational training to boost private sector participation in skilling. A formal proposal has been submitted to the finance ministry, with potential incentives expected in the Union Budget on February 1.
  • AI for Viksit Bharat at WEF Davos 2026: Infra, reforms, re-skilling, real use cases key January 25, 2026
    New-age technologies like AI are set to transform sectors such as agriculture and finance, boosting efficiency and innovation. However, experts say India must develop its own AI playbook to ensure inclusive, secure and sustainable growth.

 

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