May 6, 2026

supply

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UNCTAD roundtable: Piyush Goyal says India embraces Atmanirbharta; willing to ‘pay extra buck’ for resilient supply chains

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File photo: Union minister Piyush Goyal (Picture credit: ANI) India has adopted the path of “Atmanirbharta” or self-reliance to address vulnerabilities revealed in global supply chains, placing greater importance on resilience and trust over mere cost efficiency, union minister for commerce and industry Piush Goyal said. Speaking at the UNCTAD ministerial roundtable on ‘Towards Resilient,…

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Donald Trump tariffs: US 40% trans-shipment levy intended for China could end up hitting Asean supply chains including India; Moody’s flags risks

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File photo (Picture credit: AP) The 40 per cent trans-shipment tariff recently announced by the United States is expected to create significant compliance challenges for companies in India and the ASEAN region, particularly in sectors such as machinery, electrical equipment and semiconductors, Moody’s Ratings said on Tuesday.In July, US President Donald Trump imposed the tariff…

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‘Without Tomahawks’: Trump hesitates to supply weapons to Zelenskyy; pushes for Ukraine ceasefire without escalation

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US President Donald Trump met Ukrainian President Volodymyr Zelenskyy at the White House on Friday, a day after he spoke with Russian President Vladimir Putin. The meeting came amid renewed efforts to end the ongoing war between Russia and Ukraine. “It’s an honour to be with a very strong leader, a man who has been…

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JPMorgan Chase launches $1.5 trillion plan: US critical industries in focus; aims to cut supply chain risks

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JPMorgan Chase on Monday unveiled a $1.5 trillion plan to bolster key US industries, including rare minerals, shipbuilding, and nuclear energy, in a move it described as critical for national security and economic resilience.The US banking giant, which manages assets of about $3.8 trillion, said it would deploy direct equity and venture capital investments of…

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India-Korea trade talks: New Delhi, Seoul to explore joint initiatives in electronics; EV parts and digital supply chains

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India and South Korea have agreed to explore joint initiatives in the fields of electronics, electric vehicle (EV) components and trusted digital supply chains, the commerce ministry said on Friday.The discussions took place between Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo on the sidelines of the G20…

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Silver rate today: Prices soar Rs 8,500 to Rs 1.71 lakh/kg in Delhi; tight global supply fuels rally

contact@dailyupdatesindia.com02 mins

Silver rate today: Silver prices surged sharply in Delhi on Friday, jumping Rs 8,500 to close at a record Rs 1,71,500 per kilogram, driven by robust safe-haven demand and ongoing supply constraints in global markets.The All India Sarafa Association reported that silver had closed at Rs 1,63,000 per kilogram on Thursday. Over the past three…

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Crude oil: Opec+ to raise production by 137,000 bpd from November; group stays cautious amid supply glut fears

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Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their oil production quotas by 137,000 barrels per day (bpd) for November, continuing efforts to reclaim market share amid cautious demand projections, AFP reported.“In view of a steady global economic outlook and current healthy market fundamentals, as reflected in the low…

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