India-EU FTA: Turkey Cannot Reroute Goods to India

India and the EU have concluded FTA negotiations, but Turkey cannot benefit despite EU-Turkey Customs Union. Officials clarify Turkish goods cannot enter India duty-free via EU ports due to rules of origin.

Amazon Cuts 16,000 Jobs in Global Restructuring

Amazon announces elimination of nearly 16,000 corporate roles worldwide as part of organizational streamlining. Senior VP Beth Galetti communicates layoffs aimed at reducing management layers and bureaucracy.

India's FY27 Budget: Fiscal Discipline Meets Capex Growth

India's FY27 Union Budget focuses on fiscal consolidation with 4.3% deficit target, prioritizing capital expenditure over populist spending. Key sectors like defence, infrastructure, and digital services set to benefit from strategic allocations.

Energy Options Trading Booms in India, Overtaking Gold

Retail traders in India are pivoting from gold and silver to energy options on MCX, driven by geopolitical tensions and winter demand. The shift boosts MCX revenues as energy's share exceeds 60% of premium turnover.

Indian Stock Market: Flat Opening Expected on January 29

Indian stock markets are likely to open flat on Thursday, tracking mixed global signals. Early Gift Nifty trends show a slight decline, while optimism around the India-EU FTA provides support. Key stocks to watch include ITC, Tata Motors, and Vedanta ahea

India's Strategic Edge in EU-US Trade Agreement

India has secured a significant strategic advantage through a new trade agreement with the European Union and the United States, enhancing economic cooperation and geopolitical influence.

Gold, Silver Hit Record Highs on Safe-Haven Demand

Gold and silver prices surged to unprecedented levels on Thursday, driven by safe-haven buying amid geopolitical tensions and the US Federal Reserve's policy. Spot gold rose 2.1% to $5,511.79/oz, while silver gained 1.3% to $118.061/oz.

Gold, Silver Prices Hit Record Highs in Mumbai Markets

Gold and silver prices surged to unprecedented levels in Mumbai's bullion markets, driven by dollar weakness and geopolitical tensions. Gold traded around Rs 1.7 lakh/10gm, while silver hovered near Rs 3.7 lakh/kg.

Sensex, Nifty 50 to Open Lower; Economic Survey 2025-26 Today

Indian stock market indices Sensex and Nifty 50 are poised for a lower opening on Thursday, influenced by mixed global cues and anticipation of the Economic Survey 2025-2026 release. Asian markets traded mixed, while US stocks ended mostly higher post-Fed

RBI Advances Bond Buying to Soften Yields Pre-Budget

The Reserve Bank of India has unexpectedly moved up its bond purchase schedule to inject liquidity and address soaring yields on government securities, which have reached an 11-month high ahead of the Union Budget.

India-EU FTA: Bank Branches, Insurance FDI for Visa Benefits

India will allow EU banks to open 15 branches over four years and maintain 100% FDI in insurance in exchange for stable visa rules for professionals. AYUSH practitioners gain clinic rights, and intra-corporate transferees get extended visas.

India-EU Trade Deal Includes Future Regulation Safeguards

The India-EU trade agreement incorporates two key provisions—Rapid Response Mechanism and Non-Violation Complaints—to address potential future regulations that could hinder trade benefits for exporters, officials confirmed.

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