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India-EU FTA to be signed on December 16
India is set to sign a major Free Trade Agreement (FTA) with the European Union (EU) on December 16, 2026, marking the end of negotiations that resumed in 2022. This signing will occur alongside expected progress on separate FTAs with Canada and the United States during the Prime Minister's upcoming diplomatic visits.
Read on The HinduDive Into Study Notes![Illustration about Economy: Taxation & GST: At the [BRICS Heads of Tax Authorities] meeting in New Delhi, Finance Minister Nirmala Sitharaman emphasized the need fo](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-24%2Fbrics-tax-model-needs-to-reflect-reality-fm-nirmala-sitharaman-004f67dd.png&w=1200&q=75)
Must ReadBRICS tax model needs to reflect reality: FM Nirmala Sitharaman
At the [BRICS Heads of Tax Authorities] meeting in New Delhi, Finance Minister Nirmala Sitharaman emphasized the need for a tax model that reflects the realities of developing economies, rather than relying on frameworks designed for advanced nations. India will lead two newly proposed [BRICS] working groups—one on International Taxation and Transfer Pricing, and another on Revenue Statistics—to build sustained platforms for addressing tax challenges, particularly transfer pricing disputes, and to coordinate positions in global tax negotiations.
Read on Economic TimesDive Into Study Notes![Illustration about Economy: Global economic agencies like the [OECD] and [Asian Development Bank] have upgraded India's GDP growth forecasts for FY2](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-24%2Fglobal-agencies-see-indias-growth-ringing-louder-raise-fy27-gdp-forecasts-on-upbeat-demand-and-investment-sentiment-cedfe9ef.png&w=1200&q=75)
Must ReadGlobal agencies see India’s growth ringing louder; raise FY27 GDP forecasts on upbeat demand and investment sentiment
Global economic agencies like the [OECD] and [Asian Development Bank] have upgraded India's GDP growth forecasts for FY27, citing strong infrastructure spending, resilient domestic demand, and robust growth in manufacturing and services. Despite geopolitical uncertainties and inflationary pressures, India is projected to remain the fastest-growing major economy, driven by capital formation and supportive fiscal and monetary policies.
Read on Economic TimesDive Into Study Notes![Illustration about Environment & Ecology: A report by the [Climate Impact Lab] projects that the current 'Super El Niño' could cause an estimated 15,800 additiona](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-24%2Fsuper-el-ni%C3%B1o-projected-to-cause-15800-additional-heat-deaths-in-india-says-report-2c9e514f.png&w=1200&q=75)
Must Read‘Super El Niño’ projected to cause 15,800 additional heat deaths in India, says report
A report by the [Climate Impact Lab] projects that the current 'Super El Niño' could cause an estimated 15,800 additional heat-related deaths in India between September 2026 and February 2027. Globally, the event is expected to result in 451,000 extra deaths over six months, highlighting the severe, interconnected impacts of extreme weather on public health, agriculture, and energy infrastructure.
Read on The HinduDive Into Study Notes![Illustration about Economy: The [HSBC Flash India Composite Purchasing Managers Index (PMI)] rose to 56.5 in September, marking a three-month high a](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-24%2Fprivate-sector-growth-hits-three-month-high-d2b0ae12.png&w=1200&q=75)
ImportantPrivate sector growth hits three-month high
The [HSBC Flash India Composite Purchasing Managers Index (PMI)] rose to 56.5 in September, marking a three-month high and indicating robust expansion in India's private sector. This growth was driven primarily by a significant uptick in manufacturing activity, alongside a steady increase in the services sector, despite a noted slowdown in the pace of export order growth.
![Illustration about Multilateral Organizations: The recent [BRICS] summit in New Delhi highlighted the grouping's complex dynamics and India's strategic balancing act.](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-24%2Findia-and-the-plausible-multilateralism-of-brics-d68af4ed.png&w=1200&q=75)
Must ReadIndia and the plausible multilateralism of BRICS
The recent [BRICS] summit in New Delhi highlighted the grouping's complex dynamics and India's strategic balancing act. While skeptics point to internal divisions, particularly concerning Russia and China, and advocates emphasize its potential for multipolarity, India navigates this space to maintain strategic autonomy while avoiding becoming a pawn in great-power rivalry.
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Must ReadBlue bonds: India’s new ocean of finance
India is launching its first blue bond to raise ₹1,000 crore through Sagarmala Finance Corporation Ltd., aiming to finance maritime projects under the [Sagarmala programme]. This marks a shift towards bringing the ocean economy into capital markets and diversifying infrastructure financing beyond traditional bank loans and budgetary support.
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Must ReadQuality control and India’s manufacturing growth
The Indian government's approach to Quality Control Orders (QCOs) is being reassessed following concerns from domestic manufacturers and international trading partners about supply chain disruptions and compliance costs. A new [Transition Facilitation (Quality Control) Order, 2026] aims to ease these bottlenecks by allowing temporary sourcing from specific licensed suppliers, highlighting a shift from rapid expansion of mandatory certification towards rationalization to support manufacturing growth.
Read on The HinduDive Into Study Notes![Illustration about Trade Agreements & FTAs: The upcoming implementation of the [India-New Zealand Free Trade Agreement] on October 20 highlights India's strategic s](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-24%2Ftrading-smart-on-the-india-new-zealand-fta-46133d17.png&w=1200&q=75)
Must ReadTrading smart: On the India-New Zealand FTA
The upcoming implementation of the [India-New Zealand Free Trade Agreement] on October 20 highlights India's strategic shift towards securing trade deals with smaller economies alongside major global partners. Despite the relatively small current bilateral trade volume ($1.1 billion), the agreement is significant for offering 100% duty-free access to Indian exports, protecting sensitive sectors like dairy, and securing vital concessions on labor mobility and foreign investment.
ImportantFormer Chief Election Commissioner questions legality of SIR, demands reversal of decisions
Former Chief Election Commissioner S.Y. Quraishi has raised concerns regarding the legality and necessity of the Special Intensive Revision (SIR) of electoral rolls.
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