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By Manu Vardhan Kannan
Published on February 2, 2026
The year 2026 began on a positive note with the signing of the Free Trade Agreement between India and the European Union, a landmark deal widely described as the “mother of all deals” due to its far-reaching benefits for both economies. The agreement aims to address contemporary global challenges while enabling deeper market integration between the world’s fourth- and second-largest economies.
With a combined market size estimated at over INR 2091.6 lakh crore (USD 24 trillion), the FTA opens significant opportunities for nearly two billion people across India and the EU. The agreement delivers unprecedented market access for over 99% of India’s exports by trade value, while carefully preserving policy space for sensitive sectors and aligning with India’s long-term developmental priorities.
India has secured preferential access to European markets across 97% of tariff lines, covering 99.5% of trade value. Of this, 70.4% of tariff lines covering 90.7% of India’s exports will see immediate duty elimination. These include key labour-intensive sectors such as textiles, leather and footwear, tea, coffee, spices, sports goods, toys, gems and jewellery, and selected marine products. An additional 20.3% of tariff lines covering 2.9% of exports will receive zero-duty access over three to five years, while 6.1% of tariff lines covering 6% of exports will benefit from reduced tariffs or tariff rate quotas.
Several labour-intensive sectors including apparel, marine products, chemicals, plastics, rubber, toys, sports goods, gems, and jewellery, together accounting for exports worth over INR 2.87 lakh crore, will gain zero-duty access into the EU. These sectors were previously subject to duties ranging from 4% to 26%, and the agreement is expected to significantly enhance their competitiveness while supporting employment generation.
The agreement also provides preferential market access for agricultural products such as tea, coffee, spices, grapes, gherkins, cucumbers, dried onion, fresh fruits and vegetables, and processed food products. This move is expected to benefit Indian farmers while also enriching hospitality offerings in Europe through greater availability of Indian food products in hotels and restaurants. At the same time, India has safeguarded sensitive sectors including dairy, cereals, poultry, soymeal, and select fruits and vegetables, maintaining a balance between export growth and domestic priorities.
Lower duties of up to 10.5% on wooden, bamboo, and handcrafted furniture are expected to boost India’s presence in the European furniture market. The agreement supports growth in high-value, design-driven segments and is likely to encourage the use of Indian furniture in experiential hospitality spaces across EU member countries.
One of the most anticipated outcomes of the agreement is the expected reduction in prices of imported European products in India. Olive oil and gourmet food products, widely used in hospitality kitchens, are expected to see significant price drops. European chocolates, snacks, wines, and whiskies are also likely to become more affordable, supporting growth in India’s restaurant, bakery, and premium dining segments.
Beyond trade and pricing, the FTA also opens doors for cultural exchange and smoother mobility. Both sides have agreed to modernise Schengen visa processes, with faster processing timelines and joint action on visa fraud, making travel more accessible.
Overall, the India–EU Free Trade Agreement is expected to act as a major trendsetter in global trade relations. By improving affordability, expanding access to quality products, and strengthening hospitality and tourism linkages, the agreement is poised to deliver long-term economic and experiential benefits for both regions.
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By Hariharan U
Published on May 16, 2026
Alia Bhatt made a striking appearance at the 79th edition of the Cannes Film Festival, wearing bespoke sapphire and diamond jewellery from Malabar Gold and Diamonds, blending refined craftsmanship with contemporary elegance on one of the world’s most celebrated red carpets.
Styled in a custom ensemble by Rhea Kapoor, Alia paired her Cannes look with a curated selection of high jewellery pieces featuring Ceylon sapphires and diamonds from the jewellery brand’s premium collection.
The jewellery edit showcased statement earrings, sapphire rings, and a diamond pendant crafted with contemporary detailing and precision artistry. Together, the pieces reflected a balance of sophistication, gemstone craftsmanship, and understated luxury.
Among the standout creations were the White Quartz Briolette Earrings, featuring 3-carat pear-shaped earrings designed with fluid white quartz briolettes that moved elegantly with light and motion.
Adding depth to the overall styling were statement rings including the Ceylon Sapphire Oval Ring, centred around an 8-carat oval Ceylon sapphire surrounded by brilliant round diamonds, enhancing the gemstone’s rich ocean-blue tones and brilliance.
The look also featured the Pear-Shaped Ceylon Sapphire Ring, showcasing 8.8 carats of Ceylon sapphire designed to resemble a falling raindrop, highlighting remarkable clarity and depth.
Completing the ensemble was the Pear-Shaped Diamond Pendant, featuring a 4-carat pear-shaped diamond suspended in a minimal and refined setting, creating a graceful stream of reflected light.
The Cannes appearance further highlighted Malabar Gold & Diamonds’ continued focus on fine craftsmanship, gemstone quality, and modern design interpretation, while also reinforcing the growing global presence of Indian jewellery artistry across international fashion and cultural platforms.
Commenting on the collaboration, M. P. Ahammad said, “Cannes Film Festival represents a global platform where fashion, artistry, and craftsmanship come together. Through this collaboration with Alia Bhatt, we wanted to present jewellery that reflects timeless elegance while showcasing the finesse and design excellence associated with Malabar Gold & Diamonds.”
Founded in 1993, Malabar Gold & Diamonds is the flagship company of the Malabar Group and currently operates over 445 showrooms across 14 countries. The brand continues to expand its global footprint through a strong focus on luxury craftsmanship, international design sensibilities, and socially responsible business practices.
Alia Bhatt’s Cannes 2026 appearance marks another milestone for the brand as Indian luxury and jewellery craftsmanship continue gaining visibility on global fashion platforms.
Adani Airport Holdings Limited (AAHL) and IHG Hotels & Resorts have entered into a major partnership to develop five hotels across important airport-linked and fast-growing urban destinations in India. The agreement will add close to 1,500 rooms and marks a significant step in strengthening hospitality infrastructure around India’s expanding aviation network.
One of the biggest highlights of the partnership is the India debut of Kimpton Hotels & Restaurants, which will open its first property in Jaipur. Alongside this, additional properties under Holiday Inn and Holiday Inn Express brands will be introduced as part of mixed-use developments connected to Adani Airport cities.
The planned projects will be spread across Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram. The collaboration reflects the increasing demand for hospitality services around airport-led developments and growing urban centres. Reports also suggest that AAHL and IHG are in advanced discussions to further expand their partnership.
Kimpton’s entry into India brings a globally recognised lifestyle hospitality brand known for its boutique experiences and design-led approach. Its launch signals the rising demand for premium hospitality experiences, especially around airports and urban developments.
The expansion also comes at a time when India’s aviation and tourism sectors continue to witness strong growth. Increasing passenger traffic and business travel are driving the need for integrated airport ecosystems that go beyond transport and include hospitality, retail, and commercial spaces.
Speaking on the development, Pranav Adani, Director, Adani Enterprises Limited, said: “As the Adani Group expands its presence across hospitality and airport-led urban infrastructure, our vision is to create world-class destinations that seamlessly integrate travel, stay and urban experiences around India’s rapidly growing aviation ecosystem. We are building this platform in partnership with leading international hotel brands that bring global standards, operational excellence and scale. Our collaboration with IHG Hotels & Resorts, and the development of five hotels across key gateway destinations, marks an important step in strengthening high-quality hospitality infrastructure aligned with India’s long-term travel and economic growth.”
AAHL continues to build airport city developments that combine aviation, hospitality, retail, and commercial infrastructure. Its airport city projects currently span around 663 acres across multiple locations with a focus on long-term urban growth and passenger experience.
Commenting on the partnership, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said: “The partnership with Adani Airport Holdings reflects the scale of opportunity we continue to see in India’s hospitality sector, particularly across gateway cities and airport-led developments that are witnessing strong demand from business, leisure and transit travellers alike. With a mix of luxury, premium and essentials brands, this portfolio allows us to meaningfully strengthen our presence across high-growth markets across the country. This agreement also marks an important milestone for us with the introduction of Kimpton Hotels & Restaurants to India.”
IHG Hotels & Resorts currently operates 52 hotels across six brands in India and has a pipeline of 98 more properties expected to open over the next three to five years.
With busy schedules and fast-moving city life becoming a daily reality, many couples are now looking for meaningful breaks that help them slow down and spend quality time together. Quiet surroundings, privacy, and experiences that encourage genuine connection are becoming more valuable than long-distance travel plans.
Keeping this growing travel trend in mind, The Serai Resorts has introduced a curated collection of romantic drive-to getaways designed especially for couples. Located within comfortable driving distance from Bengaluru and Mysuru, the boutique luxury properties in Kabini, Bandipur, and Chikmagalur offer private and immersive experiences for those looking for a refreshing escape.
A key highlight of the offering is the specially designed Forever in Love package. Starting at ₹56,000 plus taxes and available for both two-night and three-night stays, the package has been created to bring together luxury and intimate experiences. Couples can enjoy a romantic dining setup within the privacy of their room, sparkling wine, handcrafted chocolates, candle-lit turndown décor, and a celebratory cake. Guests also receive a 10% savings benefit on spa and bar services.
At The Serai Kabini, couples can relax beside the peaceful Kabini backwaters while enjoying experiences that combine nature and comfort. Activities include nature walks, coracle rides, kayaking, and boat and land safaris. The experience is further enhanced with private BBQ dining arrangements and 30-minute spa therapies at the doorstep, offering moments of privacy and relaxation.
For travellers who prefer cooler weather and scenic landscapes, The Serai Chikmagalur presents a serene retreat set amid lush coffee plantations. Recognised as India’s Best Staycation at the India’s Best Awards 2025 by Travel + Leisure, the property features spacious villas with private pools designed for uninterrupted relaxation. Guests can explore guided plantation walks, cycling trails, and peaceful outdoor experiences or simply spend quiet moments together within their private villa. Personalised BBQ experiences and doorstep spa treatments add to the overall experience.
At The Serai Bandipur, couples can enjoy a stay close to nature on the edge of Bandipur National Park. Surrounded by forest landscapes and wildlife, the resort offers opportunities to spot deer near private log huts and experience guided safaris and outdoor adventures. The stay also includes private BBQ dining and spa therapies, blending nature, adventure, and comfort.
From the calm backwaters of Kabini and the misty hills of Chikmagalur to the wilderness of Bandipur, The Serai Resorts offers couples a chance to enjoy intimate and memorable experiences without travelling too far from the city.
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