India and the European Union are considering a phased approach to their free trade agreement negotiations due to global trade uncertainties. Following a visit from EU leaders, talks are progressing positively, aiming to boost trade and investment. India’s bilateral trade with the EU reached USD 137.41 billion in 2023-24, making the EU India’s largest trading partner for goods.
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal