M
MercyNews
Home
Back
German Chancellor Merz Visits Bengaluru Amid EU-India Trade Talks
Politics

German Chancellor Merz Visits Bengaluru Amid EU-India Trade Talks

Deutsche Welle1d ago
3 min read
📋

Key Facts

  • ✓ German Chancellor Merz arrived in Bengaluru, a city celebrated as India's 'Silicon Valley' for its dominance in the technology sector.
  • ✓ The high-profile visit follows a diplomatic meeting between Chancellor Merz and Indian Prime Minister Modi in Ahmedabad.
  • ✓ A landmark free trade agreement between the European Union and India is scheduled to be signed in the coming weeks.
  • ✓ The tour highlights the increasing economic and strategic alignment between the European Union and one of Asia's largest economies.
  • ✓ Bengaluru was chosen as a key stop to underscore the importance of technology and innovation in the future partnership.

In This Article

  1. Quick Summary
  2. A Strategic Itinerary
  3. The Economic Stakes
  4. Bengaluru's Global Role
  5. Diplomatic Context
  6. Looking Ahead

Quick Summary#

German Chancellor Merz has touched down in Bengaluru, marking a significant stop on his diplomatic tour of India. The city, widely recognized as India's premier technology and innovation hub, serves as the backdrop for high-stakes economic discussions.

This visit is strategically timed, coming only weeks before the European Union and India are scheduled to sign a historic free trade agreement. The itinerary follows a productive meeting between Chancellor Merz and Prime Minister Modi in Ahmedabad, setting the stage for deeper collaboration in commerce and technology.

A Strategic Itinerary#

The Chancellor's journey through India demonstrates a deliberate focus on both political and economic centers of influence. After formal talks in the historic city of Ahmedabad, the delegation moved south to engage with the heart of India's digital economy.

Bengaluru's selection as a key destination underscores the city's global reputation. Often dubbed India's Silicon Valley, it is home to countless multinational corporations, burgeoning startups, and research institutions that are driving the nation's technological ascent.

The timing of this visit is critical. Diplomatic sources indicate that final negotiations on the free trade agreement are in their concluding stages. Both sides are eager to finalize terms that will reduce barriers and boost commerce.

  • High-level political dialogue in Ahmedabad
  • Focus on technology and innovation in Bengaluru
  • Final preparations for the EU-India trade deal

The Economic Stakes#

The impending agreement represents one of the most significant trade deals in recent years. For the European Union, it opens access to one of the world's fastest-growing large economies. For India, it provides enhanced access to the massive European market.

Bengaluru is the ideal venue to discuss the agreement's implementation. The city's ecosystem is perfectly positioned to benefit from increased cross-border flow of services, digital trade, and skilled professionals.

The visit comes just weeks ahead of plans to sign a long-awaited free trade agreement between India and the EU.

Key sectors expected to benefit from the agreement include:

  • Information Technology and Software Services
  • Pharmaceuticals and Biotechnology
  • Automotive and Green Technology
  • Textiles and Agricultural Products

Bengaluru's Global Role#

Hosting a leader of Chancellor Merz's stature validates Bengaluru's status on the world stage. The city is no longer just a regional player but a global innovation hub that attracts investment and talent from across the planet.

The German delegation's presence signals a strong interest in fostering partnerships with local firms and research bodies. Discussions are expected to center on digital infrastructure, sustainable urban development, and advanced manufacturing.

For the local economy, this visit brings immediate visibility and long-term potential. It reinforces the message that Bengaluru is the gateway to India's future economic growth.

The synergy between German engineering prowess and Indian technological agility forms a central theme of the visit.

Diplomatic Context#

The relationship between the EU and India has been strengthening over the past decade, driven by shared democratic values and mutual economic interests. Chancellor Merz's visit is a tangible manifestation of this deepening bond.

Meeting with Prime Minister Modi in Ahmedabad laid the groundwork for the Bengaluru leg of the tour. The leaders discussed a broad range of issues, from security cooperation to climate change, with the trade agreement being the centerpiece of their economic agenda.

This diplomatic push comes at a time when global supply chains are being re-evaluated. Both Europe and India see value in creating resilient, trusted partnerships that can weather geopolitical shifts.

The visit serves as a powerful symbol of two major economies aligning their interests for mutual prosperity.

Looking Ahead#

As Chancellor Merz concludes his visit to Bengaluru, the focus now shifts to the upcoming signing ceremony for the free trade agreement. The groundwork laid during this trip is expected to pave the way for a smooth finalization of the deal.

Observers will be watching closely for the specific terms of the agreement, particularly regarding digital trade and services liberalization. Bengaluru's tech community is poised to be among the first to capitalize on these new opportunities.

This visit marks a new chapter in EU-India relations, one defined by concrete economic cooperation and strategic alignment. The partnership promises to shape the economic landscape of both regions for years to come.

#News

Continue scrolling for more

Bitcoin Advocates Push Congress on Stablecoin Tax Rules
Cryptocurrency

Bitcoin Advocates Push Congress on Stablecoin Tax Rules

Leading cryptocurrency advocates are calling on lawmakers to broaden digital currency tax exemptions, arguing that narrow focus on stablecoins misses the mark for mainstream adoption and payment innovation.

3h
5 min
6
Read Article
Politics

Death toll from Iran's crackdown on protests jumps to at least 2,571, activists say

The figure analysts say dwarfs the death toll from any other round of protest or unrest in Iran in decades and recalls the chaos surrounding the country’s 1979 Islamic Revolution.

3h
3 min
0
Read Article
Greenlanders brace for summit that could shape the Arctic's future - and their own
Politics

Greenlanders brace for summit that could shape the Arctic's future - and their own

US Vice President JD Vance will host Danish and Greenlandic foreign ministers for talks on Wednesday.

3h
3 min
0
Read Article
Ben Horowitz says that investing teams shouldn't be 'too much bigger than basketball teams'
Technology

Ben Horowitz says that investing teams shouldn't be 'too much bigger than basketball teams'

Ben Horowitz said investment teams should be the size of a playing five in basketball. Phillip Faraone/Getty Images for WIRED Ben Horowitz said his rule of thumb is about five people on an investing team. He said Andreessen Horowitz maintains lean teams and strong communication across verticals. AI tools are enabling startups and VCs to thrive with fewer employees. Ben Horowitz is a big fan of tiny teams. On an episode of the A16z podcast, the Andreessen Horowitz cofounder shared how his venture capital firm maintains a lean operation despite being one of the world's largest. "An investing team shouldn't be too much bigger than a basketball team," he said, referring to advice he got from famed American investor David Swensen in 2009. He added, "A basketball team is five people who start, and the reason for that is the conversation around the investments really needs to be a conversation." Horowitz cofounded the Silicon Valley VC firm with Marc Andreessen in 2009. Before A16Z, he ran enterprise software company Opsware, which Hewlett-Packard acquired. A16z has backed marquee companies including Meta, Airbnb, GitHub, and Coinbase. The VC said he always kept the basketball team size in mind but also knew that the firm had to expand to keep up with how "software was eating the world," his signature phrase. The solution was to split the firm into different investment verticals. To maintain good communication, staff attend other teams' meetings when investment themes overlap. The firm also organizes a two to three-day offsite twice a year, "with not much agenda." Horowitz said that people who join them from other firms say that A16Z has "less politics" than firms with 10 or 11 people because his firm has a culture where politicking is "disincentivized." A16z might have been early to the tiny team trend, but it's catching on fast with VCs and startups across the world. Startups are actively seeking to stay small, with many having fewer than 10 people. Founders told Business Insider that AI and vibe coding tools have boosted their productivity, allowing them to get things done with far fewer people. Less politics and bureaucracy are also big pluses, they say. "We're going to see 10-person companies with billion-dollar valuations pretty soon," OpenAI CEO Sam Altman said in February 2024. "In my little group chat with my tech CEO friends, there's this betting pool for the first year there is a one-person billion-dollar company, which would've been unimaginable without AI. And now will happen." Read the original article on Business Insider

3h
3 min
0
Read Article
Iran’s Leaders May Survive Protests. But Anger Will Likely Persist.
Politics

Iran’s Leaders May Survive Protests. But Anger Will Likely Persist.

Its security forces have brutally defended the Islamic Republic, but the protests show that many Iranians consider it stagnant and ideologically hollow.

3h
3 min
0
Read Article
Creator income inequality is rising as top influencers rake in big paydays from brands
Economics

Creator income inequality is rising as top influencers rake in big paydays from brands

Top creator Jimmy Donaldson, a.k.a. MrBeast, at the "Beast Games" season 2 premiere. JC Olivera/Variety via Getty Images Creator income inequality is rising, with the top 1% earning 21% of brand spending, per new CreatorIQ data. The trend has continued in each of the last two years. Big brands often favor top creators, making it harder for smaller influencers to compete. Creators are raking in the ad dollars — but the wealth is being shared less and less equally. New data from the influencer-marketing platform CreatorIQ shows that the income gap in the creator economy is widening. The top 10% of creators on CreatorIQ's platform received 62% of ad payments in 2025, up from 53% in 2023. Similarly, the top 1% received 21% of the total ad payment volume, up from 15% in 2023. CreatorIQ, which included the 2025 data in a new report released on Wednesday, examined 65,000 payments over a three-year period from brands and agencies to creators who received flat payments through its software. The data reflects an overall pattern in the creator economy. Brands are shifting more of their marketing dollars to creators, with payments more than doubling over the last two years in CreatorIQ's dataset. Overall, US advertiser spending on creators was expected to hit $37 billion in 2025, according to a November report from the Interactive Advertising Bureau. At the same time, much of the ad money is going to a relatively narrow segment of top talent. While many creators also make money outside influencer marketing — such as from subscriptions or direct payments from platforms like YouTube — brand sponsorships are generally the industry's top revenue source. Jasmine Enberg, cofounder and co-CEO of Scalable, a new media company focused on the creator economy, said the numbers show the industry is starting to resemble traditional entertainment, where top players rake in substantial sums, leaving smaller ones to compete for the leftovers. Enberg said the divide would only grow as big creators get larger projects, such as TV campaigns or Netflix deals. "We need to empower brands to diversify their investment more confidently," Brit Starr, CMO of CreatorIQ, said of the industry. CreatorIQ's survey of 300 creators found that only 11% earned $100,000 or more. About one-quarter of the creators surveyed fell into each of the "$50,000 to $100,000" and the "$25,000 to $50,000" categories. CreatorIQ's report included additional data points that help explain the current dynamics of the creator economy. The number of creators receiving payments within CreatorIQ's network more than doubled from 2023 to 2025, which could indicate an overall surge in influencers entering the market. While the average earnings per creator rose to $11,400 in 2025 from $9,200 in 2023, the median actually declined slightly, from $3,500 to $3,000. That suggests that top creators are pulling the average higher, while the typical creator is earning less. What's driving the pay gap Enberg said major advertisers have contributed to the sector's income inequality because they're more likely to allocate their budgets to a small number of top creators. Talent managers who spoke with Business Insider said earnings distribution had been lumpy. Budgets have definitely grown, but they haven't kept pace with the expansion of the creator population, said Kyle Hjelmeseth, CEO of G&B Digital Management. "There are now many more small accounts that will take $25 to post, for example," he said. Meanwhile, advertisers often spend a large chunk of their influencer budgets directly with social media platforms, making it harder for creators — especially smaller ones — to develop direct and potentially lasting relationships with brands, creator-industry insiders said. Becca Bahrke, the CEO of Illuminate Social, a creator management firm, said the CreatorIQ payment concentration data reflect what she's seeing among her own clients. She said she'd seen some full-time creators take the off-ramp to a different job. "You may have earned over $400,000 in one year, but if you're not showing up consistently on the platform, treating it as a full-time job, you can see the earnings fall," Bahrke said. "It's a lot of work. It's not for the faint of heart." Read the original article on Business Insider

3h
3 min
0
Read Article
С больным сидеть и день и ночь // Система долговременного ухода за пожилыми присматривается к зарплате граждан
Economics

С больным сидеть и день и ночь // Система долговременного ухода за пожилыми присматривается к зарплате граждан

Опубликованная в «Финансовом журнале» НИФИ Минфина статья «Финансирование долговременного ухода в России: возможен ли переход к страховой модели?» предлагает расчеты нескольких сценариев, в которых работа системы долговременного ухода (СДУ) будет покрываться дополнительными соцвзносами. Изъять необходимые суммы в размере 0,5–3 трлн руб. в год из фонда оплаты труда предлагается добавочными платежами по ставке от 1% до 5% зарплаты в зависимости от охвата ухода. Дискуссия о средствах для системы ведется с самого начала ее реализации, но сама она уже вписана в нацпроект, а при напряженном бюджете рассчитывать на ее финансирование за счет нынешних госдоходов вряд ли можно, так что де-факто авторы поднимают вопрос о том, сколько и за какой уход в старости граждане готовы доплатить.

3h
3 min
0
Read Article
KB Files Patent for Hybrid Stablecoin Credit Card
Economics

KB Files Patent for Hybrid Stablecoin Credit Card

South Korean financial giant KB has filed a patent application for a groundbreaking hybrid payment system. This technology aims to bridge the gap between digital assets and traditional finance.

3h
5 min
7
Read Article
Politics

East Jerusalem Schools Strike Over Teacher Permits

Classes for approximately 20,000 students were suspended across private institutions in East Jerusalem as educators and administrators protest what they describe as arbitrary new limitations on work permits for teachers residing in the West Bank.

3h
3 min
8
Read Article
Progressive Government Targets Housing Inequality
Politics

Progressive Government Targets Housing Inequality

A new legislative focus identifies housing as the central battleground for social justice, aiming to dismantle speculative market forces and secure the fundamental right to shelter.

3h
5 min
6
Read Article
🎉

You're all caught up!

Check back later for more stories

Back to Home