By Shivangi Acharya and Nikunj Ohri NEW DELHI, Jan 27 (Reuters) - Indian Prime Minister Narendra Modi will seek to bolster fast economic growth and buffer the Asian nation from external shocks through domestic policy reforms in the latest budget on Sunday,

India and the European Union (EU) announced the conclusion and finalisation of negotiations for a free trade agreement. The agreement is expected to be signed later this year and may come into force from early next year.

India and the European Union have formally inked the trade agreement which has been suggested to be the “mother of all trade deals”, Prime Minister Narendra Modi announced at the inauguration of the India Energy Week in Goa. He added that the deal would provide varied opportunities to the one-forty crore people of India and the European Union.

India and the European Union are preparing to conclude key agreements on trade, security and mobility during their summit in New Delhi.

Prime Minister Narendra Modi has urged global investors to engage with India's burgeoning energy sector, presenting investment opportunities totaling nearly $500 billion.

On this Special Report, the focus is on Prime Minister Narendra Modi's address regarding the landmark Free Trade Agreement (FTA) between India and the European Union. Speaking at the India-EU Business Forum,

PM Modi on Tuesday hailed the India-EU Free Trade Agreement (FTA) after both sides signed the historic deal, paving the way for more streamlined business between Europe and India

He said the agreement will complement India’s trade arrangements with Britain and EFTA, strengthen global supply chains, and boost confidence among global businesses and investors.