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    Kafe Group Vietnam Invests USD 1.2M in Momos Pro Noida to Transform Frozen Food Market
    French leader says European pressure forced Trump to back down as EU reconsiders ties
    Denmark and Greenland say sovereignty not negotiable after Trump's about-turn on tariffs
    US tariffs unlikely to hurt India much: Kirti Vardhan Singh
    European Union suspends GSP export benefits; India says no impact on shipments
    Jaishankar to EU envoys: Stronger ties key to de-risking global economy
    US stocks claw back more of their losses from week
    Rs 38.60 cr worth cocaine seized at Bengaluru airport; passenger arrested
    Trade ministers meet to lay groundwork for WTO ministerial conference
    Denmark says its sovereignty not negotiable after Trump's Greenland about-turn
    Consumer spending pushes US economy up 4.4 per cent in third quarter, fastest in two years
    Latest: Meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy ends
    DP World signs pact todevelop logistics hub in Madhya Pradesh
    UGRO Capital and Dun & Bradstreet Unveil 4th MSME Sampark Report Showcasing India's MSME Resilience
    Opportunity for 'great powers' to join forces: German Chancellor on India-EU deal
    Latest: Europe relieved after Trump reverses Greenland tariff threat
    Perfios Achieves ISO/IEC 42001:2023 Certification for Artificial Intelligence Management System
    UK Food & Drink Showcases Its Growing Presence in India at Mumbai Culinary Event
    Trump's European threats could make it harder for future US leaders to repair ties
    Rupee recovers 15 paise from all-time low to 91.50 against US dollar in early trade
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January 23, 2026
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Kafe Group Vietnam invests $1.2M in Momos Pro to double production and expand frozen momos distribution across Delhi NCR.
Kafe Group Vietnam's USD 1.2 million investment in Momos Pro will double production capacity at its Sector 63 Noida factory, expand refrigerated storage and distribution across Noida, Gurgaon, Faridabad and Ghaziabad, and fund product innovation leveraging Vietnamese culinary expertise. The plan builds on Momos Pro's FSSAI-certified automated facility, targets cold-chain and quality-monitoring upgrades, and anticipates creation of over 200 jobs while aligning with India's 100% foreign direct investment policy for food and beverage.
January 23, 2026
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European leaders respond to US threats over Greenland with coordinated security deployments and trade countermeasures.
European pressure produced a coordinated political, security and trade response after a US executive threatened to acquire Greenland, stressing the primacy of territorial sovereignty and territorial integrity. The EU combined nonaggressive reconnaissance deployments to Greenland, pledges of trade countermeasures against tariff threats, and diplomatic outreach while Denmark maintained that sovereignty is non negotiable.
January 22, 2026
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Denmark and Greenland affirm sovereignty is non negotiable amid U.S. claims of future military access to Greenland.
Denmark and Greenland maintain that sovereignty and territorial integrity are non-negotiable despite U.S. statements asserting broad future military access and plans for missile defense installations; any basing or security measures must proceed with Danish and Greenlandic consent under the 1951 framework and through proper bilateral or trilateral channels, including a working group, while NATO has no mandate to bargain away sovereign rights.
January 22, 2026
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US tariffs and India: minister says higher tariffs unlikely to significantly harm India's economy; law and order emphasized.
India's robust economy and large domestic market reduce vulnerability to higher US tariffs, with international trade partnerships and iterative negotiations mitigating dependence on any single partner. The minister also stressed that holders of high office carry greater responsibility, movement restrictions at crowded sites protect public safety, and no one is above the law, affirming the primacy of law and order over individual actions.
January 22, 2026
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EU suspension of GSP benefits raises tariffs on most Indian exports to the bloc, reducing price competitiveness.
The EU suspended preferential duties under the Generalised Scheme of Preferences for a wide set of Indian product groups from 1 January 2026 to 31 December 2028, withdrawing below-MFN tariff treatment for many industrial sectors and exposing an increased share of Indian exports to full MFN duties while a small basket of products retains preferences.
January 22, 2026
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India-EU relations aim to conclude a free trade deal and defence pact to deepen trade and secure supply chains.
The EU-India summit is expected to deliver a concluded free trade agreement, a defence framework pact, and a strategic agenda to deepen bilateral trade, mobility, security cooperation, and supply-chain resilience, framing these measures as policy mechanisms to de-risk global economic volatility.
January 22, 2026
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Tariff threats over Greenland, then reversed, triggered market swings and highlighted risks of unilateral trade coercion.
Tariff threats tied to a US claim over Greenland and attendant statements about force operated as unilateral trade coercion that spurred investor concern; the president's subsequent walkback, disavowing force and citing a "framework" agreement on Greenland and Arctic security, removed the immediate tariff prospect and produced a rapid market re-rating across equities, bonds, currencies, and commodities.
January 22, 2026
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Cocaine seizure at Bengaluru airport: passenger arrested under NDPS Act after 7.72 kg found, valued at Rs 38.60 crore.
Customs officers at Kempegowda International Airport intercepted a passenger arriving from Sa o Paulo and seized 7.72 kg of cocaine valued at Rs 38.60 crore; the passenger was arrested under the Narcotic Drugs and Psychotropic Substances Act and further investigation is underway.
January 22, 2026
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WTO trade ministers discuss compromises on investment facilitation and the e-commerce moratorium ahead of the ministerial conference.
Ministers and the WTO Director-General met informally to identify compromise avenues and set reform priorities ahead of the 14th WTO Ministerial, offering political guidance on near-consensus items such as the Investment Facilitation for Development Agreement and the e-commerce moratorium, and reaffirming commitment to a rules-based multilateral trading system.
January 22, 2026
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Greenland's sovereignty non-negotiable; US military access requires Denmark and Greenland consent, with Arctic security talks via NATO.
Denmark insists that sovereignty over Greenland cannot be negotiated and that any security or military arrangements must have the consent of Denmark and Greenland; while the United States has signalled interest in expanded military access and missile defence deployment, discussions are to proceed within a framework that respects territorial integrity and existing treaty based consent, with NATO and allied cooperation aimed at enhancing Arctic surveillance and preventing foreign footholds.
January 22, 2026
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US economy grew 4.4% in Q3 driven by consumer spending, exports rise and subdued job creation.
GDP rose 4.4 percent annualized in Q3 after a slight upward revision, driven chiefly by strong consumer spending and aided by a surge in exports and a drop in imports. The expansion coexists with a K-shaped economy dynamic-asset driven gains for wealthier households and stagnant pay for lower income groups-and subdued job creation with a low unemployment rate, signaling constrained hiring despite overall growth.
January 22, 2026
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Greenland deal promises U.S. military access and tariff withdrawal; leaders discuss Ukraine peace and frozen-asset funding.
The Davos engagements produced a prospective Greenland agreement granting the U.S. total military access and allowance to install a missile-defence element, coupled with withdrawal of threatened tariffs on eight European nations contingent on a NATO-linked Arctic security framework. Diplomatic meetings addressed ending the Russia-Ukraine war and proposals to allocate frozen foreign assets-including a Russian offer of USD 1 billion-for Gaza reconstruction and Board of Peace funding.
January 22, 2026
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Powarkheda Logistics Hub will strengthen central India's export supply chains, cutting transit times and enabling cold-chain access for MSMEs.
An agreement establishes the Powarkheda Logistics Composite Hub as an 88.3-acre, rail-centric inland gateway to strengthen export supply chains, provide integrated cold chain and warehousing for farmers and MSMEs, and connect Central India directly to the primary container port to enable faster, more reliable and cost-efficient containerised trade for key districts and sector clusters.
January 22, 2026
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India's MSMEs expand credit access and formalisation despite tariff and trade pressures, with NBFCs as key financiers.
The 4th MSME Sampark Report finds that India's MSMEs have increased credit uptake and formalisation, lifting their GDP share to around 30% in FY25 despite sectoral revenue pressures from tariffs, weak global demand and low cost imports. Secured lending rose markedly while unsecured lending expanded in specific sectors; 83% of surveyed MSMEs reported no difficulty accessing credit, with NBFCs as key financiers. The report links sustained MSME momentum to government credit guarantees, targeted policy interventions including PLI adjustments, and greater digitalisation and formalisation.
January 22, 2026
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India-EU free trade agreement nearing conclusion to deepen market access and regulatory cooperation between partners.
Negotiations toward a comprehensive free trade agreement between India and the European Union are reaching conclusion, with EU leaders scheduled to visit India to announce the deal. The proposed agreement is presented as a regulatory and market-access framework intended to deepen bilateral economic relations, create a large integrated market, and deliver a first-mover advantage for the EU with one of the world's fastest-growing regions.
January 22, 2026
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Europe relieved as US reverses Greenland tariff threat and outlines NATO Arctic security framework while Denmark rejects sovereignty talks.
The US withdrew threatened tariffs on eight European nations and announced a new NATO Arctic security framework avoiding forced US seizure of Greenland, while Denmark affirmed that its sovereignty over Greenland is non-negotiable; the administration also floated a proposed tariff-free zone for Ukraine to spur industrial recovery.
January 22, 2026
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Perfios achieves ISO/IEC 42001:2023 certification validating AI lifecycle governance, risk controls, transparency, and human oversight.
Perfios obtained ISO/IEC 42001:2023 certification for an Artificial Intelligence Management System, validating governance across the AI lifecycle-risk management, transparency, human oversight, and continuous monitoring-after independent external audit and positioning the company's AI products as meeting international standards for explainability, security, and ethical compliance.
January 22, 2026
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UK food and drink showcase in Mumbai promotes British ingredients for Indian retail and trade, citing FTA-linked export growth.
A Mumbai showcase promoted UK food and drink as meeting Indian demand for quality, provenance and consistency, demonstrating integration into Indian cuisine for retail and trade buyers. Organisers linked promotion to the Free Trade Agreement (FTA) and reported export growth, while the GREAT Food & Drink Campaign will use chef collaborations, retail activations and trade initiatives to build market access and long-term commercial partnerships.
January 22, 2026
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US threats over Greenland and tariffs undermine transatlantic alliances and trust, complicating future diplomatic repair.
Trump's threats, including proposals regarding Greenland and tariff pressure, have undermined predictability in transatlantic relations and prompted allies to pursue independent security and trade measures. European governments publicly rebuked the approach, advanced alternative trade partnerships, and signalled contingency planning that does not rely on continuous U.S. leadership. These developments hinder easy restoration of prior cooperative patterns and create a prolonged challenge for successors seeking to rebuild allied trust.
January 22, 2026
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Indian rupee rebounds 15 paise to 91.50 against US dollar amid improved risk appetite and equities' rise.
The Indian rupee regained 15 paise to trade at 91.50 against the US dollar after improved risk appetite following a leader's statement removing imminent tariff threats on Europe; domestic equity gains aided the rebound. The currency remains vulnerable to external shocks from geopolitical uncertainties and a pending US trade agreement, with continued foreign institutional investor sell-offs signalling potential ongoing pressure.

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