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US tariffs hit exports: Gems and jewellery shipments fall 4.98% in December; silver surges 248%

India’s overall gems and jewellery exports witnessed a 4.98 per cent year-on decline to $1,883.85 million (Rs 16,978.44 crore) in December 2025, as geopolitical uncertainties hit key markets, the Gem and Jewellery Export Promotion Council (GJEPC) said on Friday.The total gem and jewellery exports stood at $1,982.62 million (Rs 16,843.87 crore) in December 2024, GJEPC…

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India’s new labour codes: Govt eyes April 1 rollout to align with financial year; PF, gratuity cost impact in focus

Representative image (AI-generated) The ministry of labour and employment is considering making the four Labour Codes effective from April 1 to align their rollout with companies’ financial year. The move is aimed at easing the impact of higher provident fund and gratuity costs arising from changes in salary structures under the new framework.According to officials…

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Four new Amrit Bharat Express! PM Modi to flag off trains – check routes, stoppages & schedule

For now the Amrit Bharat Express trains have only non-air-conditioned coaches, combining general seating with second-class sleeper accommodation Prime Minister Narendra Modi will flag off four new Amrit Bharat Express trains on Saturday with an aim to enhance train travel experience and connectivity for the common man. The Amrit Bharat Express trains are modern trains…

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Trump sanctions fail to stop inflow! Some Indian refiners step up Russian crude oil intake; Indian Oil, Nayara boost purchases

Representative image (AI-generated) State-run Indian Oil Corp and Rosneft-backed Nayara Energy have increased their purchases of Russian crude in January. This comes even as India’s overall imports from Russia have declined under US sanctions.Reliance Industries, India’s largest buyer over the past year, along with several other refiners, has not received any supplies this month. This…

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Trump expands investment portfolio: $100 million bond purchases disclosed; $2 million invested in Netflix, Warner Bros

US President Donald Trump purchased around $100 million in municipal and corporate bonds between mid-November and late December, his latest financial disclosures showed. The investments included up to $2 million in Netflix and Warner Bros Discovery bonds bought shortly after the companies announced their merger.The disclosures, posted Thursday and Friday, showed that most of Trump’s…

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WEF economists expect global economic conditions to weaken in 2026 over mounting debt, geopolitics

WEF economists expect global economic conditions to weaken in 2026 over mounting debt, geopolitics Around 53 per cent of World Economic Forum chief economists who were surveyed expect global economic conditions to weaken in the year ahead, down from 72 per cent in September 2025, even as they acknowledge the relative resilience of the global…

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“India-Italy partnership will be more enhanced by conclusion of FTA”: Italian Ambassador Antonio Bartoli

NEW DELHI: Ambassador of Italy to India, Antonio Bartoli, emphasised the “reliable” partnership between Rome and New Delhi and said it will be further enhanced by the conclusion of the European Union-Indian Free Trade Agreement. Speaking with ANI, Antonio Bartoli said Europe provides many advantages in the current era of “geopolitical turmoil.”“In an era of…

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