Austrian Ambassador to India, Katharina Wieser, expressed her optimism regarding the signing of the Free Trade Agreement (FTA) between India and the European Union.She also said that the India-Austria ties moving in a positive direction,

India and the European Union have agreed to finalize a long-pending free trade agreement this year and boost cooperation in trade, technology, connectivity and defense, Indian Prime Minister Narendra Modi and the European Commission chief said Friday.

European Union leaders are likely to urge India to lower its tariffs on cars and alcoholic beverages, and expand market access during European Commission President Ursula von der Leyen's visit to New Delhi.

U.S. President Donald Trump's proposal to impose reciprocal tariffs from early April on trading partners including India is worrying Indian exporters in sectors ranging from autos to agriculture, with Citi Research analysts estimating potential losses at about $7 billion a year.

Experts at a panel discussion held by the Policy Consensus Centre questioned if DMA-style regulations are the most effective way to promote competition in India’s digital economy.

European Commission (EC) President Ursula von der Leyen, who was in New Delhi on February 27-28, and Indian Prime Minister Narendra Modi agreed to upgrade ties in a slew of areas spanning critical and new technologies, security, supply chain de-risking and resilience, and trade.

India and the European Union will try to seal a trade deal during this year, European Commission President Ursula von der Leyen said on Friday.

From an economic point of view, the 21st Century, apart from being the “Century of Space”, will also be the “Century of India”, he further said, adding the partnership between India and the EU was “limitless”.

The European Union views India as a crucial ally amid current geopolitical challenges, emphasizing collaboration on renewables, batteries, and clean manufacturing. EU's climate chief, Wopke Hoekstra,