German conservative leader Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after his new alliance with the centre-left Social Democrats was dealt a surprise defeat in the first attempt.
India and the UK have finalized a Free Trade Agreement, poised to boost economic growth and trade relations. The agreement eliminates tariffs on approximately 99% of traded goods, benefiting sectors like manufacturing, textiles, and automotive. It also includes provisions for professional visas and reduced duties on products like Scotch whisky and cars, fostering job creation and deeper collaboration.
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