Latest News, Updates & Breaking Headlines
President Donald Trump said the United States carried out “the most powerful bombing raid” on Iran’s Kharg Island, claiming that American forces “totally obliterated” military targets there while choosing not to destroy the island’s oil infrastructure.Kharg Island, located in the Persian Gulf, is the primary terminal through which Iran’s oil exports pass, making it a…
Russia on Friday said it would not disclose details of Russia’s crude oil exports to India, citing security and geopolitical concerns amid heightened tensions in global energy markets, reported PTI.Kremlin spokesman Dmitry Peskov said Moscow would keep the figures confidential and would not release quantitative information about oil shipments to India.“No, of course, we’re not…
NEW DELHI: PM Narendra Modi on Tuesday signalled a shift in India’s export strategy from merely focusing on cost competitiveness to quality-driven growth, urging industry to scale up research, adopt global standards and align with emerging supply chain opportunities.Addressing the second post-Budget webinar on sustaining economic growth, PM Modi said India must reposition itself as…
The government has reduced duty benefits available to exporters under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme by 50 per cent with immediate effect, prompting industry bodies to urge a review of the decision, PTI reported.The Directorate General of Foreign Trade (DGFT) said the applicable RoDTEP rates will now be capped…
The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade finance instruments, aimed at boosting India’s outbound shipments and strengthening export competitiveness.The initiatives form part of the Rs 25,060 crore export promotion mission, under which three of the 10 proposed components had already been rolled out in…
Global CEO and President Cristiano Amon In a big affirmation of India’s electronics manufacturing and AI ambitions, American semiconductor giant Qualcomm is all set to sign a deal to contract-manufacture and source automotive module products from India that will be exported across the world, apart from being sold in the domestic market, Global CEO and…
Benchmarking its market access strategy to product sensitivity, India will grant quota-based duty concessions in the automobile sector while offering market access to alcoholic beverages under tariff reduction and minimum import price-based formulations under the trade pact with the United States, the government said on Monday, PTI reported. Under the agreement, tariffs on $30.94 billion…
VARANASI: After returning from Prayagraj’s Magh Mela without taking a holy bath, Swami Avimukteshwaranand on Friday dared Chief Minister Yogi Adityanath to prove himself a Hindu by giving the cow the status of ‘rajya mata’ (state mother) and banning beef export within 40 days. If this does not happen, then on March 11, all saints…
India’s corporate sector continues to show confidence in the economy even amid global challenges, as reflected in the Pre-Budget Survey 2026-27 released by the Federation of Indian Chambers of Commerce and Industry (FICCI).The survey indicates that close to 80 per cent of participants remain positive about the country’s growth outlook, with nearly half projecting economic…
French President Emmanuel Macron on Wednesday (January 21) sent a “welcome” message to Beijing, inviting Chinese investment in the region, Speaking at the World Economic Forum (WEF) 2026 in Davos, Switzerland. However, the invitation came with a stern ultimatum regarding the quality and nature of Chinese exports: end to the “dumping” of subsidised, sub-standard goods…
