European Carmakers Warn Against “Restricted” India-EU Trade Deal New Delhi, 22 January 2026: As the India-European Union (EU) free trade agreement  nears completion, the European Automobile Manufacturers’ Association (ACEA)  has cautioned that the current negotiation path could lead to a “restricted” deal dominated by quotas, licences, and residual tariffs , limiting the benefits for automakers on both sides. ACEA, representing 17 major European carmakers including BMW, Merce

New Delhi, 22 January 2026:InterGlobe Aviation , the parent company of India’s largest airline IndiGo , reported a 77.6% drop in its consolidated net profit  for the third quarter of FY26 (Q3FY26). The airline posted a profit of ₹549.8 crore , compared with ₹2,448.8 crore  in the same period last year. Factors Behind the Profit Decline The sharp decline in IndiGo’s profits comes amid: Labour code-related provisions  impacting operational costs. Operational disruptions in Dece