India's equity benchmarks dropped in early trade on Monday, as foreign outflows and uncertainty regarding a trade deal with the U.S. kept investors jittery, pushing the rupee to a record low. The Nifty 50 was down 0.

Indian rupee hits 91-per-dollar for the first time amid FII outflows and India–US trade deal uncertainty. Get LIVE updates on rupee movement today.

The India-EU trade talks will enter the new year and a deal is expected to be signed by the Republic Day, according to European Union (EU) trade chief Maros Sefcovic.

India is proposing a preferential trade deal with Mexico in an effort to soften the impact of planned tariffs that threaten to affect about $2 billion worth of Indian exports, India's trade secretary Rajesh Agrawal said on Monday.

It comes just weeks before a low- and zero-tariff agreement between the two countries was due to expire Read more at The Business Times.

Switzerland lifted the growth outlook for next year on the back of its trade deal with the US, while lowering expectations on inflation after the central bank refrained from further easing.

India's merchandise trade deficit declined to a five-month low of $24.53 billion in November, driven by a fall in gold, oil and coal imports, while exports to the U.S. picked up, government trade data released on Monday showed.

The 2025-26 NHL trade season has officially begun!