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Monday, February 2, 2026
TopicEuropean Union

Topic: European Union

Iran’s IRGC: Ayatollah’s shield against dissent, external threats, now labelled ‘terror group’ by EU

Beginning with just 10,000 members, IRGC today has 150,000-190,000 active troops, and a million more in its Basij volunteer reserves.

India-EU FTA gives exporters a lifeline from punitive US tariffs, boosts ‘Make in India’ push

The bloc will phase out duties on apparel and leather, sectors battered by Trump's 50% tariffs.

US Treasury Secy Bessent slams India-EU FTA, says ‘Europeans funding war against themselves’

In CNBC interview, Scott Bessent accuses EU of putting ‘trade ahead of the Ukrainian people’ & shielding FTA negotiations with India.

Most EU firms eye India expansion post-trade deal, 90% say profitability to go up—FEBI survey

FEBI survey reveals Europe’s big bet on manufacturing, innovation hub amid ‘mother of all trade deals’, but flags regulatory concerns.

India, EU sign security & defence pact. How it links Indian firms to ‘ReArm Europe’ network 

The agreement comes despite differences between India and the EU on issues such as Russia-Ukraine war, showcasing the intent to deepen strategic ties. 

Wines, gems & surgical equipment set to get cheaper. The big gains for India & EU from historic FTA

Number of sectors, including marine products, gems & jewellery textiles have been impacted by US tariffs. Indian exporters will see better access to EU markets in these areas.

In FTA, India offers EU auto quota six times larger than the UK deal

The free trade agreement will gradually allow up to 250,000 European-made vehicles to enter India at preferential duty rates— far above the 37,000-unit quota extended to the UK.

India & EU announce “mother of all trade deals”. This is why it matters

Two sides also announce signing of a Security & Defence Partnership, launch negotiations for an intelligence sharing agreement & explore India’s addition to Horizon Europe programme.

What would it take for a European reset to succeed?

Insulted and bullied by Donald Trump, European leaders are asking where they go from here. The right choice isn’t to kneel or fight back, but to disengage.

On Camera

India’s love-hate relationship with foreign capital holds it back. What Budget 2026 hints at

Reviewing Foreign Exchange Management rules is fine, but India needs to stop being so suspicious of foreign money to hit 10 per cent growth.

Andhra Pradesh missing from Budget spotlight, why Chandrababu Naidu’s still happy

Sitharaman in the 2026-27 Budget has shifted focus away from Amaravati and Polavaram. But TDP is confident about leveraging allocations to accelerate Andhra’s 'next phase of growth'.

10X Budget beef-up for Intelligence Bureau capex, after Pahalgam & Red Fort terror attacks

After lapses exposed by terror attacks at Pahalgam and Delhi's Red Fort, Centre has hiked Intelligence Bureau's expenditure for investments in long-term assets from Rs 257 cr to Rs 2,549 cr. 

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.