Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
‘Mother of all deals’ amid global trade turmoil
Business Standard
|January 28, 2026
Conclusion of the deal between India and 27-nation European Union will slash tariffs on most goods and reduce reliance on the US amid growing global trade tensions
Indian auto component majors and European car makers welcomed the India-European trade deal, citing that the move will strengthen India’s integration with global automotive value chains, while simultaneously stimulating demand in the imported luxury vehicle segment, making it cheaper in the Indian market.
Under the deal, India has agreed to a quota-based reduction in import duties on European automobiles, with tariffs set to fall to as low as 10 percent over five years. This may make premium European brands such as Mercedes-Benz, BMW, Audi, Ferrari, Porsche, Lamborghini, Rolls-Royce, and Bentley cheaper in the long run.
Diese Geschichte stammt aus der January 28, 2026-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
Deal to boost marine products; concerns over farm exports' non-tariff barriers
India’s marine product exports facing rough weather from punitive US tariffs are expected to get a big boost following the reduction of 26 per cent tariff as part of the IndiaEU Free Trade Agreement (FTA), but concerns over nontariff barriers, which are a dominant aspect of marine trade to the EU, still remain.
2 mins
January 28, 2026
Business Standard
US Prez makes about-face as outcry forces his border enforcer to leave Minnesota
President Donald Trump shifted toward a more conciliatory approach with Democratic leaders in Minnesota on Monday, a sudden change in tack following an outcry over the second fatal shooting of a protester by federal agents this month during the administration’s nationwide crackdown on undocumented immigrants.
1 mins
January 28, 2026
Business Standard
Flipkart appoints two senior execs ahead of planned IPO
The Flipkart group has named two senior executives as it seeks to strengthen governance and scale its core businesses.
1 min
January 28, 2026
Business Standard
AIRPORTS: SWANKY GATEWAYS OF INDIA
As more and more airports get privatised, there are fears that a monopoly will emerge. How true is this?
5 mins
January 28, 2026
Business Standard
State sets aside 425 acres for fintech, apparel parks
In a move to further industrialise the state, the Uttar Pradesh (UP) government has earmarked 425 acres of industrial grade land in the National Capital Region (NCR) for two export-oriented projects in the fintech and apparel sectors.
1 min
January 28, 2026
Business Standard
‘Mother of all deals’ amid global trade turmoil
Conclusion of the deal between India and 27-nation European Union will slash tariffs on most goods and reduce reliance on the US amid growing global trade tensions
1 mins
January 28, 2026
Business Standard
Record debt in richest nations threatens global growth
For decades crushing debt has spread misery in the world’s poor and lower-income nations.
2 mins
January 28, 2026
Business Standard
ONGC seeks global oil majors for Western offshore blocks; multiple energy deals signed
State-run Oil and Natural Gas Corp (ONGC) has floated a tender for technical support partnership (TSP) with global oil majors for the firm's blocks in the Western offshore, excluding Mumbai High, said Pankaj Kumar, director of production, on the sidelines of India Energy Week (IEW) event in Goa.
1 min
January 28, 2026
Business Standard
French legislation bans social media for children under 15 yrs
French lawmakers approved a bill banning social media for children under 15, paving the way for the measure to enter into force at the start of the next school year in September, as the idea of setting a minimum age for use of the platforms gains momentum across Europe.
1 min
January 28, 2026
Business Standard
Domestic tourist inflow increased 9.7% in 2025
Rajasthan witnessed significant growth in domestic tourists during the calendar year 2025, registering a 9.74 percent increase in the number of visitors as compared to the previous year.
1 min
January 28, 2026
Listen
Translate
Change font size