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EU CBAM challenge: GTRI warns of trade hit; urges India to fast-track carbon scheme

Indian steel and aluminium exporters face fresh challenges as the European Union (EU) will begin collecting carbon border taxes under the Carbon Border Adjustment Mechanism (CBAM) from 1 January 2026, according to a new report by the Global Trade Research Initiative (GTRI). The levy, notified in May 2023, initially covers steel, aluminium, cement, electricity, hydrogen,…

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Trump hikes H-1B visa fee to $100,000! How much does it cost right now & how will Indian IT companies, tech employees be hit? Explained

H-B visa fee hike: This decision could notably affect Indian IT professionals and workers in the United States. H-B visa fee hiked! The Donald Trump administration sent shockwaves across the technology sector – particularly Indian IT, by substantially hiking the fee for H-1B visas. The revised regulations mandate organisations recruiting foreign professionals on H-1B visas…

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GST 2.0 rollout: Cheaper essentials hit shelves early; FMCG, e-commerce firms pass on rate cuts

Consumers are beginning to see cheaper daily essentials on store shelves as companies move early to pass on the benefits of reduced Goods and Services Tax (GST) rates, which come into force from Monday. According to ET, firms are dispatching products with revised price tags and absorbing the tax gap themselves to avoid a last-minute…

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Donald Trump’s crackdown on immigration: H-1B visas set to get costlier, work permits for Indians may take a hit – 10 things to know about ‘Project Firewall’

US President Donald Trump speaks in the Oval Office of the White House. (Pic credit: AP) The US department of labour has launched “Project Firewall” on Friday, an initiative that will target H-1B visas. The move aligns with President Donald Trump‘s “America First” agenda in the job market and comes on the same day he…

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Who is Aamir Kaleem? Oman’s 43-year-old opener who battled cramps to hit fifty vs India | Cricket News

Oman’s Aamir Kaleem celebrates after scoring fifty against India. (AP Photo) NEW DELHI: At 43, Aamir Kaleem isn’t the typical T20 opener, but on Friday night in Abu Dhabi, he turned back the clock to script a spirited stand against world champions India in the Asia Cup. Battling heat, humidity and cramps, Kaleem struck a…

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Axar Patel’s horror moment: Missed catch, head hit ground, leaves field during India’s Asia Cup match against Oman | Cricket News

Axar Patel’s horror moment (Screengrabs) Team India player Axar Patel endured a forgettable moment in the field during India’s Asia Cup 2025 clash against Oman at the Sheikh Zayed Stadium in Abu Dhabi on Friday. The all-rounder lost his balance while attempting a catch, dropped it, and hurt himself in the process, leaving the ground…

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Trump pressure piles on: EU aims to quickly phase out Russia LNG imports; reluctant to hit India, China with tariffs

The Trump administration has been pushing European allies to accelerate their reduction of Russian fuel imports. (AI image) Looking to pressurise Russia, the European Union is now looking to hasten its phaseout of Russian liquefied natural gas imports. The new plan aims to stop imports of Russia’s LNG ahead of its original 2027 deadline, following…

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Close call: Hyderabad-bound Air India Express flight makes emergency landing in Vizag; suspected bird hit | India News

NEW DELHI: An Air India Express flight from Visakhapatnam to Hyderabad carrying 103 passengers made an emergency landing at the Vizag airport on Thursday after the pilot reported an engine problem, suspected to have been caused by a bird hit, officials said.Visakhapatnam Airport director S Raja Reddy confirmed that flight IX 2658, which took off…

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