1.India is looking to renegotiate its free trade agreement with South Korea to address the widening trade deficit and make the pact more contemporary, commerce and industry minister Piyush Goyal said on Monday. All options are on the table... we may even consider rewriting it into a completely new FTA because it should be more contemporary.
https://timesofindia.indiatimes.com/business/india-business/india-looks-to-renegotiate-trade-pact-with-korea/articleshow/130406422.cms
2.Japan on Tuesday unveiled its biggest overhaul of defense export rules in decades, scrapping restrictions on overseas arms sales and opening the way for exports of warships, missiles and other weapons.The move aimed at strengthening Japan’s defense industrial base marks another step away from pacifist restraints that have shaped its postwar security policy.
https://edition.cnn.com/2026/04/20/asia/japan-defense-export-arms-sales-intl-hnk
3.The maximum retail price (MRP) on the common man’s alcohol -- whiskey, rum, gin and brandy -- in Karnataka will soon increase by at least 20%, with the government issuing a draft notification to bring in a new tax structure that will tax the content of alcohol in beverages. Higher the content of alcohol in Indian Made Liquor (IML) made in Karnataka, higher will be the tax on it once the amendment comes into effect.
https://www.newindianexpress.com/states/karnataka/2026/Apr/19/soon-common-mans-drink-to-cost-20-more-in-karnataka-under-new-alcohol-tax-plan
4.Northern parts of the Indo-Gangetic plains, the eastern coastal states, and the western states of Gujarat, Maharashtra, and adjoining areas will have a higher-than-normal number of heatwave days this year, a top official at the India Meteorological Department (IMD) said on Monday.
https://www.ndtv.com/india-news/northern-parts-of-indo-gangetic-plains-gujarat-maharashtra-to-see-higher-than-normal-heatwave-days-imd-chief-11385269
5.Indian Hotels Company Limited (IHCL) reaffirms its commitment to responsible resource management across its portfolio. Guided by Paathya, its ESG+ framework, IHCL continues to embed sustainability into the foundation of its operations, strengthening environmental stewardship while supporting long-term resilience.Gaurav Pokhariyal, Executive Vice President – Human Resources, IHCL, said, “Today, sustainability has evolved from a set of initiatives to a core operating discipline that shapes how the industry creates value over time.
https://www.hotelierindia.com/operations/ihcl-marks-earth-day-with-continued-focus-on-sustainability-and-resource-efficiency
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