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India-New Zealand FTA a landmark moment, says PM Narendra Modi

PM Narendra Modi described the India-New Zealand FTA as a landmark step, underlining its role in boosting bilateral trade and long-term cooperation.

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Prime Minister Narendra Modi has described the proposed India–New Zealand Free Trade Agreement (FTA) as a “landmark moment” in the relationship between the two countries, highlighting its potential to deepen economic engagement.

Speaking on the development, Mr Modi said the ongoing efforts towards a trade pact reflect growing trust, shared values and common ambitions between India and New Zealand. He noted that closer economic cooperation is expected to provide fresh momentum to bilateral ties.

The discussions around the agreement are aimed at strengthening trade and investment flows, while expanding collaboration across sectors such as agriculture, technology, education and innovation. According to the Prime Minister, enhanced engagement could create new opportunities for businesses, professionals and students.

New Zealand Prime Minister Christopher Luxon also described the development as a significant step forward, stating that stronger trade ties could support economic growth and improve market access for exporters in both countries.

Officials indicated that the proposed framework is expected to facilitate smoother trade flows and encourage sectoral cooperation, while contributing to long-term economic partnership.

Mr Modi added that advancing trade relations with New Zealand aligns with India’s broader global economic strategy and could help unlock new opportunities, strengthening ties between the two nations.

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Stalin predicts fall of Vijay government, asks DMK to stay ready

MK Stalin has reportedly warned DMK cadres that the Vijay-led Tamil Nadu government could collapse anytime and asked the party to stay prepared for possible political developments.

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Former Tamil Nadu Chief Minister and DMK president M. K. Stalin has reportedly told party district secretaries to remain prepared for a possible political change in the state, claiming that the government led by Vijay “can fall anytime”.

According to reports, Stalin made the remarks during an internal interaction with party functionaries following the recent political developments in Tamil Nadu. He reportedly asked DMK leaders and cadres to stay ready for elections at any moment amid speculation over the stability of the ruling Tamilaga Vettri Kazhagam (TVK) government.

The comments come days after Vijay’s TVK formed the government in Tamil Nadu following a dramatic post-election phase. TVK had emerged as the single-largest party in the Assembly elections but initially faced uncertainty over securing enough support to form the government.

Stalin questions TVK’s political rise

Stalin also reportedly criticised TVK’s campaigning style and suggested that the party gained influence through social media outreach and youth engagement. He maintained that despite the electoral defeat, DMK’s welfare schemes and governance legacy still continue to influence the state.

The DMK leader is also said to have announced a review process within the party to assess the reasons behind its election setback and gather constituency-level feedback from workers and the public.

Political tensions continue in Tamil Nadu

The political atmosphere in Tamil Nadu has remained tense since the Assembly election results. Several reports over the past week have highlighted intense negotiations, alliance discussions, and concerns around government stability before Vijay finally took oath as Chief Minister.

Some DMK leaders have also publicly questioned the durability of the new administration, adding to the political confrontation between the two camps.

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Manipur tense as Kuki and Naga blockades disrupt key national highway

Economic blockades and shutdowns by Kuki and Naga groups disrupted National Highway-2 in Manipur, affecting transport and raising security concerns.

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Manipur violence

Movement along National Highway-2 in Manipur was severely affected after Kuki and Naga groups enforced shutdowns and economic blockades linked to rising ethnic tensions in the state. Hundreds of trucks and vehicles were reportedly stranded as the protest disrupted one of the region’s key transport routes.

The blockade was reportedly connected to protests over missing persons and recent incidents of violence involving members of the Kuki and Naga communities. The shutdown led to transport disruptions across several areas, affecting the supply chain and movement of passengers.

Security forces intensified operations in Kangpokpi district following reports that several civilians had been held hostage by armed groups. Reports said six Naga and 14 Kuki individuals were among those allegedly abducted, prompting strong reactions from community organisations.

The United Naga Council announced an indefinite inter-district economic blockade, alleging that the state government had failed to ensure the safe release of the hostages. Protest actions and shutdown calls by tribal organisations added to the tense situation across parts of the state.

Manipur has witnessed continuing ethnic unrest since 2023, with tensions involving Meitei, Kuki-Zo and Naga groups periodically leading to clashes, shutdowns and blockades. Recent incidents have further widened concerns over security and stability in the hill districts and adjoining areas.

Authorities have deployed additional security personnel in sensitive areas, while efforts are underway to restore normal movement along the highway. Further details are awaited from officials regarding the duration of the blockade and the ongoing security operations.

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Petrol, diesel prices hiked again by around 90 paise across India

Petrol and diesel prices were increased by around 90 paise per litre across India, pushing fuel rates higher in major metro cities.

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Fuel Rate

Petrol and diesel prices were increased by around 90 paise per litre on Tuesday, marking the second fuel price hike within a week across the country. The latest revision comes days after oil marketing companies had raised fuel prices by Rs 3 per litre.

In Delhi, petrol is now being sold at Rs 98.64 per litre, while diesel costs Rs 91.58 per litre. Fuel prices also rose across other metro cities including Mumbai, Kolkata and Chennai.

Mumbai recorded petrol prices at Rs 107.59 per litre and diesel at Rs 94.08 per litre after the latest revision. In Kolkata, petrol climbed to Rs 109.70 per litre, while diesel reached Rs 96.07 per litre. Chennai saw petrol prices increase to around Rs 104.46 per litre and diesel to Rs 96.11 per litre.

The fresh increase follows the earlier Rs 3 per litre hike announced last week amid rising international crude oil prices and supply concerns linked to tensions in West Asia.

According to reports, public sector oil marketing companies have been facing financial pressure due to rising global crude prices. Petroleum Minister Hardeep Singh Puri had recently indicated that state-run fuel retailers were incurring heavy losses by selling petrol and diesel below market-linked rates.

Fuel prices in India are revised daily based on the dynamic pricing mechanism, which takes into account international crude oil prices, currency fluctuations and global market conditions.

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