Latest India-EU trade deal News & Updates

Mumbai, Jan 30 (IANS) The Indian equity markets traded lower early on Friday as the metal stocks plummeted under pressure.As of 9.30 am, Sensex eased 525 points, or 0.64 per cent, to reach 82,040, and Nifty lost 159 points, or 0.63 per cent, to settle at 25,259.Main broad-cap indices posted higher losses than the benchmark indices, as the Nifty Midcap 100 declined 0.81 per cent, and the Nifty Smallcap 100 lost 1.19 per cent.All sectoral indices were trading in the red except FMCG, pharma and con…

New Delhi, Jan 27 (IANS) The unprecedented preferential access secured for over 99 per cent of Indian exports is a game-changer for Indian industry, the Confederation of Indian Industry (CII) said on Tuesday.With the India-EU deal, Rs 6.41 lakh crore ($75 billion) worth exports are poised for take-off, with $33 billion of exports in labour-intensive sectors like textiles, leather, marine products, gems and jewellery are set to gain immensely from preferential access under the FTA.According to Ch…

New Delhi, Jan 27 (IANS) Delhi Chief Minister Rekha Gupta on Tuesday announced a tie-up with the Central government’s lending agency for guarantee-free loans for small entrepreneurs in the Capital to boost economic activity and employment. “Our government has ensured loan arrangements for Micro and Small Enterprises in Delhi without requiring guarantees or collateral,” she said.“Small entrepreneurs often face difficulties in obtaining loans without guarantees, but today the Delhi governm…

New Delhi, Jan 25 (IANS) In her maiden Republic Day speech at Chhatrasal Stadium, Delhi Chief Minister Rekha Gupta on Sunday recounted her government’s achievements in fields like health, transport, education, development, pollution control and ease of doing business, stressing the need to rebuild the Capital as an economic nerve centre. “Those who looted Delhi time and again have themselves been erased from history. But… Delhi has risen again each time, standing even taller and prouder. A…