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The government has introduced a series of measures to support exporters facing disruptions from the ongoing Gulf conflict, with key sectors such as gems and jewellery, rice and pharmaceuticals under pressure, PTI reported.At an inter-ministerial briefing, Director General of Foreign Trade Lav Aggarwal said the commerce ministry is working with insurers and banks to address…
Foreign investment in India’s real estate sector dropped sharply during January-March, falling 75 per cent quarter-on-quarter to $400 million amid global uncertainty triggered by the West Asia conflict, according to PTI.Data from real estate consultant Colliers showed that total institutional investments declined 61 per cent to $1.6 billion in Q1 2026 from $4.2 billion in…
Dubai has announced a package of economic measures, including incentives worth AED 1 billion, to support businesses and individuals over the next three to six months amid global supply disruptions linked to the ongoing West Asia conflict.The initiatives, approved by the Executive Council of Dubai in a meeting chaired by Crown Prince Sheikh Hamdan bin…
MUMBAI: The government’s decision to hold back cuts in retail petrol and diesel prices despite the earlier fall in global crude has given oil marketing companies (OMCs) room to cushion the impact of fresh spikes. According to a report by Nomura, this buffer means that a 10% rise in crude oil prices is likely to…
India exports a significant amount of pharmaceutical drugs to the US. (AI image) US President Donald Trump’s latest announcement of 100% tariffs imported branded or patented pharmaceutical products has sent shockwaves through pharma companies around the world.Trump announced on Truth Social that effective October 1, 2025, a 100% tariff will be applicable on imported branded…
