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Wednesday, December 3, 2025
TopicEuropean Union

Topic: European Union

India’s exports to be hit by EU tax on high-carbon goods, says finance ministry

Reporting of carbon content in exports to the EU would begin on 1 October, 2023, and the main goods affected would be steel, cement, aluminium, fertilisers, electricity and hydrogen.

EU considers concession to Russian bank over Black Sea grain deal, says Financial Times

With the bank, also known as Rosselkhozbank, under sanctions, the move aims to safeguard the Black Sea grain deal that lets Ukraine export food to global markets.

EU will deepen cooperation with Japan on semiconductors, says EU Commissioner Breton

The EU will also be supportive of Japanese semiconductor companies considering operating there, including through access to subsidies.

EU nods to $13.8 billion increase in fund used for financing Ukraine military aid

The fund is separate from EU's budget, which is not allowed to finance military operations. It allows countries that supply weapons to Ukraine to claim back a portion of the cost.

EU hosts conference to collect money for Syria, UN Agencies say ‘enormous needs’ for financing

An earthquake struck Syria earlier this year, which aggravated the already dire plight of people who have been caught in war since 2011.

EU likely to put mandatory ban on Huawei for 5G network building, reports Financial Times

The decision comes as a response to increasing security threats posed by companies and concerns in Brussels about certain national governments delaying action on the matter.

EU will tackle India’s concerns over tax proposed on import of high-carbon goods, officials say

By Manoj Kumar NEW DELHI (Reuters) - The European Union has assured New Delhi it will hold two-way talks to tackle its concerns over tariffs proposed on imports of high-carbon goods such as steel and

TikTok still a long way from EU rules compliance, says EU industry chief Thierry Breton

The EU had last month singled out 19 large online platforms, including TikTok, which will be subject to the Digital Services Act, a set of new online content rules from August.

EU states give nod to world’s first comprehensive rules for crypto assets

The rules require firms that want to issue, trade and safeguard cryptoassets, tokenised assets and stablecoins in the 27 country bloc to obtain a licence.

China’s cooperation with Europe ‘unlimited’ as with Russia, says Chinese envoy to EU

EU foreign policy chief said last month that it would be 'extremely difficult' for EU to trust China if it does not contribute to the search for a political solution on Russia-Ukraine war.

On Camera

Asim Munir’s power is undisputed in Pakistan. Social media stories are just gossip

Pakistan’s political system is now too dead for a prime minister or any political party to pose a threat to Munir.

India’s Insolvency & Bankruptcy Code is struggling to deliver. It’ll take a decade to clear backlog

The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts. 

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.