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Scott Bessent Says India Got 'Great Trade Deal' With EU Amid US Tariff Row

On this Special Report, India Today examines the global reaction to the landmark India-European Union trade agreement, described by Prime Minister Narendra Modi as the 'mother of all deals.' US Treasury Secretary Scott Bessent noted that India has 'come out on top in this deal,' gaining significant market access and increased immigration opportunities to Europe. The reaction comes amid tensions, as Bessent previously suggested the EU was 'funding war against themselves' by purchasing Indian-refined oil sourced from Russia. The deal, which follows 20 years of negotiations, is expected to integrate supply chains and eliminate up to four billion euros in annual tariffs. While the United States has imposed 25% tariffs on India regarding Russian oil imports, this new pact creates a market of two billion people, linking Indian services and scale with European technology and capital. The programme analyzes how this diversification of markets signals a shift in global trade dynamics and India's growing economic influence.

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Why hasn't Governor invited Vijay to form government? Experts weigh in

A major political standoff has erupted in Tamil Nadu as the state governor allegedly delays inviting the single largest party to form the new government. Despite submitting a letter of support with one hundred and twelve elected representatives, the governor has reportedly demanded proof of a simple majority of one hundred and eighteen before administering the oath of office. Political analysts and legal experts argue that constitutional precedents mandate the governor to invite the single largest party and allow them to prove their majority on the floor of the legislative assembly, rather than turning the governor's residence into a testing ground. Amidst the delay, rumours of an unlikely alliance between rival Dravidian parties have surfaced, though these are widely dismissed as pressure tactics. Meanwhile, forty elected representatives from the leading party have reportedly been relocated to a resort to prevent potential poaching. Experts warn that any attempt by constitutional authorities to subvert the electoral mandate could lead to severe institutional clashes and undermine the democratic process in the state.

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