The European Union urges India to significantly lower tariffs on car imports from over 100% to 10% amid trade deal negotiations. Despite domestic automakers’ concerns, the potential agreement would benefit European carmakers like Volkswagen and Tesla. Both sides are showing flexibility to finalize the deal by year-end to prevent economic repercussions. Post navigation Rupee slips 38 paise to close at 85.82 against US dollar after Monday mayhem Pakistan stock market crash: Trading suspended after KSE-100 index plummets by 8,600 points
