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India-EU trade β€” steel shipment at port (representative) Top3 min read
TopOngoing5 days ago

India gets bigger EU steel quota, but carbon levy stays

India's EU steel quota nearly doubles to 1.64 million tonnes under the new FTA, covering 68.4% of 2025 exports β€” yet every tonne still faces the EU's carbon border charge.

Why it matters

Mills can now ship far more steel to Europe without the 50% tariff, but GTRI says CBAM could still add ~35% in carbon costs, so the saving is not clean.

TopOngoing5 days ago

Retail Inflation Hits 4.82% in August as Food, Fuel Prices Surge

CPI retail inflation crossed 4% for the third straight month in August, WPI stayed above 9% for fourth month β€” RBI under pressure to hike rates in October.