EU-US Trade Deal Stalled as European Parliament Lawmakers Pause Approval
Lawmakers in the European Parliament have paused the approval of the EU-US trade deal in response to US President Donald Trump's announcement of a 10% tariff on imports from eight European countries. Meanwhile, Reliance Industries reported a 9.2% increase in retail revenue for Q3FY26, and Maruti achieved record vehicle exports, solidifying its status as India's largest passenger vehicle exporter.
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Lawmakers in the European Parliament have halted the approval process for the EU-US trade deal following US President Donald Trump's announcement of a 10% tariff on imports from eight European countries. In other news, Reliance Industries reported a Q3FY26 retail revenue increase of 9.2% to ₹86,951 crore, with a profit rise of 2.7% to ₹3,551 crore despite challenges in the chemical sector.
The company has a backlog of 2.92 GWp in projects and plans to establish a 120 MWp solar power park in Maharashtra. Maruti exported a record 3.95 lakh vehicles in 2025, solidifying its position as India's largest passenger vehicle exporter.
Snabbit completed an acquihire of Pync's cofounders to strengthen its operations ahead of a $100 million funding round. ZEN Technologies secured a ₹404 crore order from the Ministry of Defence for anti-drone systems. Larsen & Toubro won a large hydrocarbon project from Petronet LNG.
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