Latest News, Updates & Breaking Headlines
The TOI correspondent from Washington: What began as a “little excursion” into Iran – as described by President Trump –- is now edging toward a full-scale invasion of the country, with U.S officials signaling the start of a broader military campaign, including the potential seizure of Kharg Island—Tehran’s most critical oil export hub.In carefully calibrated…
Hyderabad: Pharma player Hetero on Friday said it has rolled out exports of its generic semaglutide injection portfolio as part of a multi-year plan to widen access to treatments for type 2 diabetes and obesity in more than 75 countries.The Hyderabad-based pharmaceutical company said initial rollouts are under way in Africa, Asia and the Middle…
Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…
Exports supported under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are estimated to have grown at over 20 per cent compound annual growth rate between 2023-24 and 2025-26 despite global headwinds such as weak demand, freight volatility, rising protectionism and geopolitical uncertainties, PTI reported citing an official on Tuesday.At the same…
India’s exports to the US declined 12.88 per cent year-on-year to $6.88 billion in February, weighed down by high tariffs, while the country’s trade deficit with China widened past $100 billion during the April-February period of the current fiscal, according to commerce ministry data released on Monday.Exports had contracted in September, October, December and January,…
India’s combined merchandise and services exports reached $76.13 billion in February 2026, marking an 11.04%increase from $68.56 billion in February 2025, the commerce ministry said on Monday. At the same time, imports surged even more sharply, rising 21.61% to $80.09 billion from $65.84 billion a year earlier. This led to a widened overall trade deficit…
MUMBAI: Gems and jewellery exports grew 4% year-on-year to $2,681 million (Rs 24,340 crore) in Feb, following the industry’s diversification into other markets, according to the Gem and Jewellery Export Promotion Council (GJEPC).Overall exports stood at $2,581 million (Rs 22,460 crore) in same month of 2025, GJEPC data showed. “Past year has been challenging for…
US President Donald Trump on Saturday announced that the United States had carried out strikes on Iran’s key oil export hub at Kharg Island. The US president said the operation targeted critical energy infrastructure linked to Iran’s oil trade.Trump said US forces had “obliterated” military facilities on the island, which sits in the Persian Gulf…
China on Thursday ordered its refiners to immediately halt exports of refined fuel for March in a bid to manage potential domestic shortages triggered by the escalating Middle East conflict, Reuters reported citing sources.The directive was issued by the National Development and Reform Commission (NDRC) and covers shipments of gasoline, diesel and aviation fuel, four…
Hyderabad: India’s pharmaceutical sector is staring at potential losses of Rs 2,500– Rs 5,000 crore if March exports to the Gulf Cooperation Council (GCC) and the wider West Asia and North Africa (WANA) are completely disrupted by the ongoing West Asia conflict, which is intensifying pressure on freight, shipping routes, and delivery schedules, according to…
