User
Notification

European Union

Google facing at least 12 billion euro in damage claims across Europe

The civil suits are linked to a 2017 decision by the European Commission to fine Google 2.4 billion euro for illegally leveraging its search dominance

Updated On: 13 May 2025 | 10:07 AM IST
Bs_logoGoogle facing at least 12 billion euro in damage claims across Europe

Chemical giants weigh Europe exits amid soaring energy costs, Asian rivals

Sabic, Dow, Shell and others are reviewing European assets as high energy costs global competition and expansions in Asia and West Asia strain the continent's chemical sector

Updated On: 12 May 2025 | 5:25 PM IST
Bs_logoChemical giants weigh Europe exits amid soaring energy costs, Asian rivals

India, EU to hold next round of FTA talks from Monday for early conclusion

India and the European Union (EU) chief negotiators will begin the next round of talks on the proposed free trade agreement (FTA) here from Monday, with an aim to conclude the first phase of the pact as early as possible, according to an official. The two sides have agreed to conclude the agreement in two phases on account of the uncertain global trade environment, particularly due to the US tariff actions under President Donald Trump. "The EU team will be here for the 11th round of negotiations. It will continue till May 16," the official said. Issues where there is convergence would be included in the first part of the agreement. They are aiming to conclude the second part by the end of this year. Talks for the previous (tenth) round focused on areas like market access offers in goods, services, investment and government procurement. India has followed the practice of negotiating trade pacts in two phases with Australia. It is following a similar approach to the US. Commerce ..

Updated On: 11 May 2025 | 11:32 PM IST
Bs_logoIndia, EU to hold next round of FTA talks from Monday for early conclusion

Trade discussions proceed undisturbed by India-Pakistan hostilities

The UK-US trade pact is significant because it is the first deal after President Trump imposed reciprocal tariffs in the beginning of last month

Updated On: 11 May 2025 | 11:31 PM IST
Bs_logoTrade discussions proceed undisturbed by India-Pakistan hostilities

Ukraine, allies offer 30-day ceasefire; EU says ball now in Russia's court

Ukraine and its allies have proposed a full, unconditional 30-day ceasefire with Russia starting Monday, as EU leaders urge Moscow to engage in peace talks and warn of further sanctions if violated

Updated On: 10 May 2025 | 7:20 PM IST
Bs_logoUkraine, allies offer 30-day ceasefire; EU says ball now in Russia's court

European leaders visit Kyiv to show support amid calls for 30-day ceasefire

The leaders of four European countries arrived in Kyiv Saturday in a joint show of support as calls intensify for Russia to agree to a monthlong cease-fire in the war. The leaders of France, Germany, Poland and the United Kingdom arrived together at the train station in Kyiv, where they are expected to meet Ukrainian President Volodymyr Zelenskyy. The visit marked the first time the leaders of the four countries have travelled together to Ukraine, while Friedrich Merz is making a first visit to Ukraine as Germany's new Chancellor. Along with President Donald Trump, the European leaders are pushing for Russia to agree to a 30-day ceasefire to allow for peace talks on ending the conflict. We reiterate our backing for the President Trump's calls for a peace deal and call on Russia to stop obstructing efforts to secure an enduring peace, the leaders said in a joint statement.

Updated On: 10 May 2025 | 1:25 PM IST
Bs_logoEuropean leaders visit Kyiv to show support amid calls for 30-day ceasefire

India-EU ties to reach new heights: Jaishankar at Europe Day celebration

He emphasised that the high-level visit connected key policymakers comprehensively, allowing both sides to advance their partnership

Updated On: 09 May 2025 | 11:06 PM IST

Trump backs full US-UK trade deal in boost for Starmer after weeks of talks

The US President said in a post on his social media platform that Thursday would be an 'exciting day' for the two nations

Updated On: 08 May 2025 | 7:28 PM IST

Schengen, work visas for Europe still tough for Indians: Experts weigh in

Recently, an Indian entrepreneur shared an image of his nearly 400-page visa application, triggering fresh debate

Updated On: 08 May 2025 | 5:25 PM IST

US could be on losing side in the test of wills with China: Claude Smadja

There are limits to India-EU FTA, EU lobbies want protection, don't think will meet the timeline

Updated On: 08 May 2025 | 12:37 AM IST

India will retaliate if EU enforces carbon tax on exports: Piyush Goyal

India will impose retaliatory duties if the European Union goes ahead with its plan to levy a carbon tax on Indian products, Commerce and Industry Minister Piyush Goyal said on Tuesday. Under the EU's Carbon Border Adjustment Mechanism (CBAM), Indian exports of steel, aluminum, and cement to the EU could face tariffs of 20-35 per cent. He said that gradually the talks about climate is dwindling and termed the CBAM as "very very irrational regulations". The minister asserted that the developed countries should share technologies and and finances to developing and least developing nations to deal with the issues related to climate change. "If they will put in carbon tax, and now there is a big if for obvious reasons. If they do put it in, we will retaliate. They will put it on products which really will hurt their own economy and the retaliation will further hurt their economy," Goyal said here at an function. "I think it will be very silly particularly to put tax on friendly countr

Updated On: 06 May 2025 | 11:01 PM IST

EU to set out plan for phasing out Russian gas deals, existing contracts

The EU has a non-binding aim to end its reliance on Russian fossil fuels by 2027, which it set after Moscow's 2022 full-scale invasion of Ukraine

Updated On: 06 May 2025 | 11:21 AM IST

Between Trump tariffs and China charm, EU rethinks trade strategy

As Beijing offers investment incentives and Trump threatens tariffs, the EU walks a diplomatic tightrope to protect its economic interests on both fronts

Updated On: 05 May 2025 | 7:46 PM IST

European Union open to resolving tech trade dispute with India at WTO

The longstanding dispute centres on India's imposition of tariffs on information and communication technology (ICT) goods

Updated On: 04 May 2025 | 10:34 PM IST

Pahalgam terror attack: EU urges India, Pakistan to show restraint

The European Union (EU) on Friday called on New Delhi and Islamabad to show "restraint" and pursue dialogue to defuse tensions amid speculation about India's possible retaliation against Pakistan in view of the cross-border linkages to the Pahalgam terror attack. Following separate phone conversations with External Affairs Minister S Jaishankar and Pakistan's Deputy Prime Minister Ishaq Dar, EU High Representative for Foreign Affairs Kaja Kallas said the rising tensions between the two neighbouring countries are "alarming" and the escalation of the situation helps "no one". "Rising tensions between India and Pakistan are alarming. I urge both sides to show restraint and pursue dialogue to ease the situation. Escalation helps no one," she said in a post on X. "I spoke to both @DrSJaishankar and @MishaqDar50 today to convey these messages," she added. On his part, Jaishankar welcomed the EU's "strong condemnation" of terrorism in all forms and manifestations. "Good to speak with EU

Updated On: 03 May 2025 | 7:02 AM IST

India stresses focus on non-tariff barriers, import duty in EU trade talks

India has emphasised that resolving non-tariff barriers faced by businesses is as important as addressing import duty issues for meaningful progress in talks on the proposed free trade agreement with the European Union (EU), an official statement said on Friday. The progress of the talks was discussed during the meeting between Commerce and Industry Minister Piyush Goyal and European Commissioner for Trade and Economic Security Maros Sefcovic in Brussels. Both leaders also reaffirmed their shared resolve to conclude the India-European Union Free Trade Agreement (FTA) by the end of 2025. "India emphasised that meaningful progress in trade negotiations requires an equal focus on Non-tariff Barriers (NTBs) alongside tariff (import duty) discussions and regulatory frameworks must be inclusive, proportionate, and avoid restricting trade," the commerce ministry said. The country has earlier on multiple occasions flagged NTBs being faced by domestic industry in the European Union markets

Updated On: 02 May 2025 | 12:31 PM IST

US warning against EU tech fines casts shadow over India's digital Bill

Group representing American tech industry calls proposed Indian legislation as a trade barrier

Updated On: 01 May 2025 | 4:03 PM IST

SS Innovations lists on Nasdaq; shares trade under 'SSII' ticker

The trading commences on April 25, with the company's shares listed under the ticker symbol 'SSII'

Updated On: 25 Apr 2025 | 7:47 PM IST

Dow reports first-quarter loss, expands review of European assets

In January, Dow said it would reduce global headcount by 1,500 as part of a cost-saving plan due to lackluster demand and margin pressures

Updated On: 24 Apr 2025 | 4:16 PM IST

AltStore brings emulator for Nintendo Switch games to iPhone, iPad in EU

The emulator to play Nintendo Switch games on iPhone and iPad is available through AltStore, which is a third-party app store available for Apple devices sold only in the European Union

Updated On: 21 Apr 2025 | 12:51 PM IST