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India, EU Commit to Deepening Partnership, IMEC Goals

Business Standard

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March 01, 2025

Closer Ties on Green Hydrogen, AI, and 6G Planned

- SUBHAYAN CHAKRABORTY

India and the European Union (EU) have committed to exploring a security and defence partnership to jointly counter threats and realise the full potential of the proposed India-Middle East-Europe Economic Corridor (IMEC), both sides announced on Friday.

They have also committed to holding key summits on renewable energy and strengthening ties on artificial intelligence (AI) during the visit of European Commission President Ursula von der Leyen to India.

"The EU side welcomed India's interest in joining the projects under the EU's Permanent Structured Cooperation (PESCO) as well as engaging in negotiations for a Security of Information Agreement (SoIA)," a joint statement issued by the Ministry of External Affairs (MEA) said after a meeting between Prime Minister Narendra Modi and von der Leyen.

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Canada PM's likely India visit to boost Cepa talks

Both sides working to ensure Carney visits New Delhi before March-end.

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IndiGo Q3 net nosedives 78%

Dec flight disruptions, labour Codes, depreciation hit earnings

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Bank unions to go on strike on January 27

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EU suspends GSP export benefits; textiles, plastics likely to be hit

The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country's shipment to the 27-nation bloc.

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Competitive challenges to keep Eternal under pressure

The Q3FY26 results from Eternal contained two major surprises.

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Zeel net profit down 5%

Zee Entertainment Enterprises (Zeel) on Thursday reported as.1 per cent fall in its consolidated net profit to ₹155.3 crore in the third quarter of the financial year 2026 (Q3FY26) against the same period last year.

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