India-EU conclude FTA talks; zero-duty for apparel, chemicals; concessional access for cars, wines

New Delhi: India and the European Union Tuesday announced the conclusion of negotiations for the free trade agreement (FTA), under which a number of domestic sectors such as apparel, chemicals and footwear will get duty-free entry into the 27-nation bloc, while the EU will get access to the Indian market at concessional duty for cars and wines, an official said. The deal, concluded after negotiations spanning over two decades, has been...

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Plea in Supreme Court challenges UGC equity rules, says they ‘institutionalise discrimination’

Supreme Court

New Delhi: A writ petition has been filed before the Supreme Court challenging the University Grants Commission (Promotion of Equity in Higher Education Institutions) Regulations, 2026, alleging that it institutionalises discrimination by denying grievance redressal mechanisms to persons belonging to non-SC/ST/OBC categories. The petitioner, advocate Vineet Jindal, has sought an appropriate writ, order, or direction restraining the authorities from enforcing Regulation 3(c) “in its present exclusionary form”, contending that it restricts...

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Trump threatens 25% tariffs on South Korean goods over trade deal delay

Trump

Washington: President Donald Trump says he is increasing tariffs on South Korean goods because the country's national assembly has yet to approve the trade framework affirmed in October. Trump said on social media Monday that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15 per cent to 25 per cent. Orissa POST - Odisha’s No.1 English Daily

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Banking services impacted as unions go on nationwide strike for five-day week

Banks

New Delhi: Banking operations at public sector banks across the country were impacted on Tuesday as the United Forum of Bank Unions (UFBU) went on nationwide strike demanding the immediate implementation of a five-day work week. The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting with the Chief Labour Commissioner on January 23 failed to yield a positive outcome....

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India's export

Explainer: FTA with EU to help boost India’s exports to 27-nation bloc

New Delhi: India and the European Union (EU) Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA). This will be the 19th trade deal for India. The FTA will help boost the country's exports to the 27-nation bloc. Since 2014, India has finalised seven trade pacts -- Mauritius (April 2021 implemented),...

Ursula von der Leyen

Mother of all trade deals concluded: EU’s von der Leyen

New Delhi: India and Europe have concluded the "mother of all" trade deals, European Commission President Ursula von der Leyen said Tuesday as Prime Minister Narendra Modi and the top EU leadership held summit talks to elevate the two-way ties to jointly navigate geopolitical turbulence and trade disruptions. Prime Minister Modi hosted von der Leyen and European...

Odisha bandh by Congress

Congress backs Naba Nirman Krushak Sangathan’s Jan 28 Odisha bandh call

Bhubaneswar: Naba Nirman Krushak Sangathan has called for an Odisha bandh Wednesday, January 28. Odisha Congress President Bhakta Charan Das said that his party will support the bandh call. Das said that he has directed all district Congress committees to extend support to the bandh. Akshay Kumar, national coordinator of the Naba Nirman Krushak Sangathan, said the...

Supreme Court

Plea in Supreme Court challenges UGC equity rules, says they ‘institutionalise discrimination’

New Delhi: A writ petition has been filed before the Supreme Court challenging the University Grants Commission (Promotion of Equity in Higher Education Institutions) Regulations, 2026, alleging that it institutionalises discrimination by denying grievance redressal mechanisms to persons belonging to non-SC/ST/OBC categories. The petitioner, advocate Vineet Jindal, has sought an appropriate writ, order, or direction restraining the...

Adani Group

Adani Group, Embraer to set up regional aircraft manufacturing facility in India

New Delhi: Adani Group and Brazilian major Embraer Tuesday announced a strategic collaboration that aims to set up a regional aircraft manufacturing facility in India, a significant boost for the country's indigenous manufacturing capabilities. India is one of the world's fastest-growing civil aviation markets and the partnership will look to help enhance air connectivity to Tier 2...

Trump

Trump threatens 25% tariffs on South Korean goods over trade deal delay

Washington: President Donald Trump says he is increasing tariffs on South Korean goods because the country's national assembly has yet to approve the trade framework affirmed in October. Trump said on social media Monday that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from...

 

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