Business
Adani Defence and Aerospace and Brazilian aircraft maker Embraer have signed a memorandum of understanding to explore aircraft manufacturing opportunities in India. The partnership aims to develop a domestic ecosystem for regional aircraft production in line with India’s push to strengthen its aviation manufacturing capabilities. Scope of the Collaboration Under the MoU,
Business Markets
Indian equity markets ended higher as investor sentiment improved during the session. The BSE Sensex and the Nifty 50 both closed with gains, supported by buying interest in banking, metal, and select infrastructure stocks. Market participants cited optimism around recent trade developments and steady global cues as key drivers. Sectoral Performance and Key Movers Banking
National
India and the European Union have formally signed a comprehensive Free Trade Agreement, ending nearly two decades of negotiations. Leaders from both sides described the pact as the “mother of all trade deals”, highlighting its scale and economic significance. Key Features of the Agreement The agreement provides for phased reduction and elimination of tariffs on […]
International
Plans to outsource the management of Islamabad International Airport have been halted after the United Arab Emirates withdrew interest from the project. Pakistani officials said the proposed arrangement, which involved handing operations to a foreign entity, has been put on hold with no new timeline announced. UAE Steps Back From Project The UAE was among […]
International
UK Prime Minister Keir Starmer has begun a visit to China aimed at repairing and stabilising bilateral relations after years of strain. The visit marks a renewed effort by the UK government to reopen high-level dialogue with Beijing and address areas of mutual economic interest. Trade and Economic Focus During the trip, Starmer is expected […]
International
A senior US administration official criticised the European Union for signing a trade deal with India while the United States and India continue their own trade discussions. The official said the US has “made bigger sacrifices” — including imposing high tariffs on Indian imports linked to energy policy — yet Europe moved ahead quickly with […]