By LiveMint-Business
The deal will reduce tariffs on pharmaceutical exports from Europe to India to zero from 11% for almost all products. This will also reduce input costs for specialized raw material that Indian firms import from Europe.
Khaby Lame, the most-followed TikToker, has partnered with Rich Sparkle Holdings to sell a stake in his company, Step Distinctive Ltd., for $975 million. Details here. 
Hindalco Industries will invest ₹21,000 crore in expanding its aluminium operations in Odisha. This initiative seeks to reduce India's reliance on aluminium imports and support sustainable manufacturing and electric mobility.
Under the agreement, India will gradually slash tariffs on imported cars from a peak rate of 110 per cent to as low as 10 per cent, according to details released by the European Commission. The duties on auto components will be eliminated entirely over a five-to-ten-year period
