Indian Economy Today: India–EU Trade Deal & Budget Focus Shape 2026 Outlook (28 January 2026)
written by PT India’s economic landscape witnessed a major breakthrough today with the finalisation of a historic India–European Union Free Trade Agreement (FTA) , while attention also shifts toward the upcoming Union Budget 2026-27 . These developments are expected to play a decisive role in shaping India’s growth trajectory in the coming financial year. Big Breaking News: India-EU Free Trade Agreement Finalised India and the European Union have officially concluded negotiations on a landmark Free Trade Agreement , ending nearly two decades of discussions. Prime Minister Narendra Modi described it as one of the biggest trade deals in India’s history , covering trade that represents a significant share of global commerce . Key Highlights of the Deal: Gradual reduction or elimination of tariffs on industrial goods, automobiles, machinery, wine, and pharmaceuticals Improved market access for Indian exports such as textiles, IT services, engineering goods, and chemicals Stronger...