India has formally notified its first tranche of tariff reductions under the newly signed trade agreement with New Zealand, lowering import duties on select agricultural items like sheep meat and specific fruit varieties while maintaining protective tariffs on sensitive domestic sectors. This bilateral agreement aims to diversify trade, opening new avenues for Indian exporters in high-value agricultural, pharmaceutical, and manufacturing segments. Concurrently, regional trade bodies highlighted the growing opportunities under the India-EFTA Trade and Economic Partnership Agreement (TEPA), which provides duty-free access to European markets for Indian products. Meanwhile, controversy surfaced regarding the Vizhinjam International Transshipment Deepwater Multipurpose Seaport, where the Adani Group clarified that it had notified state authorities well in advance regarding strategic restructuring plans for port development.