India, US continuing negotiations to address trade barriers: Trump
File picture: US President Donald Trump | Photo Credit: BRIAN SNYDER Signalling a thaw in the bilateral chill between India and the US, President Donald Trump has said he feels “certain” that there will be “no difficulty” for the two…
CreamCollar & ASDC white paper urges strategic skilling for AI-powered software-defined vehicles
The report introduces the Skilling Capability Maturity Framework, guiding organisations to prioritise workforce development across foundational, tactical, and strategic layers. It also provides a five-step roadmap for evolving engineering roles like ADAS architects, validation engineers, and cybersecurity specialists. | Photo…
BRICS meet: India sidesteps tariffs, says increasing barriers won’t help
India avoided mentioning tariffs at a BRICS leaders virtual summit called by Brazil on Monday amidst steep US levies on imports distorting global economic order. Significantly, while heads of states of major countries from the ten-member bloc, including Chinese President…
Agilent Technologies and ICAR-National Research Centre for Grapes expand strategic tie-up
L to R – Mr. Nandakumar Kalathil, Country General Manager, Agilent India with Dr. Kaushik Banerjee, Director of ICAR-NRCG at the MoU signing ceremony aimed at strengthening India’s food safety infrastructure. Agilent Technologies India and the ICAR-National Research Centre for…
Air cargo demand up in July
August will likely reveal more impact of shifting US trade policies. | Photo Credit: istock Global air cargo demand grew 5.5 per cent in July, a strong result. Most major trade lanes reported growth, with one significant exception: Asia–North America,…
Sahyadri Farms to expand to southern states
Sahyadri Farms is looking to go for an IPO for its subsidiary Sahyadri Farms Post Harvest Care, which raised about 700 crore in two funding rounds After consolidating its farmers’ cooperative model in Maharashtra and expanding to Karnataka with a…
Animal feed industry sees a tie for corn with ethanol industry
As the 50 per cent US tariffs on India have hit the Indian shrimp sector, the feed manufacturers have said that they are going to face the consequences as it would have an adverse impact on the feed consumption by…
DHL Group looks to India for tech talent; opens IT services centre in Indore
DHL Group has opened a new DHL IT Services (ITS) centre in Indore, underscoring its long-term commitment to India as a hub for digital innovation and technology talent. This marks the fifth DHL ITS centre and the first dedicated technology…
Mobility sector sees signs of revival ahead of festive season: Shriram Mobility Bulletin
There was a positive recovery in truck rentals across India’s logistics and mobility ecosystem with steady freight rates, rising digital toll collections, and sustained momentum in electric vehicle adoption, even as weather disruptions impacted trucking activity in Northern India, especially…
Exceptional heavy rain alert for West, North-West India as depression looms
Heavy clouds hung in anticipation over parts of West India and North-West India on Friday evening even as a well-marked low-pressure area over north-west Madhya Pradesh and east Rajasthan threatened to intensify as a monsoon depression. | Photo Credit: www.meteologix.com/in…
Niti Aayog’s report on pulses says area, production increase possible
toor dal or arhar dal or raw pulses in wooden spoon and bowl | Photo Credit: Prabhjit Singh Kalsi A Niti Aayog’s report on pulses, released Thursday, has said that a systems approach incorporating crop-specific and region-specific cluster strategies is…
Exporters lobby RBI for weaker rupee to offset US tariffs
Exporters said they will lobby the Reserve Bank of India (RBI) to allow them to temporarily convert proceeds from their US business at a rupee rate that’s 15 per cent lower than current levels, to help cushion the blow from…
GST Council Approves New Slabs: 40% on luxury goods, 5% on essentials
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman chairs the 56th meeting of the GST Council, in New Delhi on Wednesday | Photo Credit: ANI The GST Council on Wednesday approved a dual tax structure of 5 per cent…
Govt to launch financing framework to reuse de-coaled mines
The government will launch a financing framework to reuse the mines from which coal has been extracted on Thursday, according to an official statement. The framework ‘ARTHA’ will be released during the ‘Star Rating Awards Ceremony for Coal and Lignite…
Indian tea exporters to US face some order cancellations, eye Chinese market to make up for losses
Even as Indian tea exporters to the US are already facing some order cancellations following the imposition of stiff 50 per cent tariffs, the exporters are hopeful of making up for the losses in the United States by growing shipments…
FM Nirmala Sitharaman assures support to the textile industry
Union Finance Minister Nirmala Sitharaman with Ravi Sam (left), Vice- Chairman, TEXPROCIL and A Sakthivel Vice-Chairman, Apparel Export Promotion Council, at a meeting in Chennai on Tuesday | Photo Credit: BIJOY GHOSH Union Finance Minister Nirmala Sitharaman assured the textiles…
On the spice trail: Indian distillers craft a bold new wave
India’s spices have historically put the country on the global map, whether in delicious food or ayurvedic medicine. Now, they are slipping into our glasses. From saffron-tinged whiskies to vodkas with a dash of anise or chilli, a new wave…
GST collection grew 6.5% in August, crosses ₹1.86 lakh crore
Gross collection from Goods & Services in August grew at 6.5 per cent in August and crossed ₹1.86 lakh crore, Finance Ministry reported on Monday. However, with refunds turning negative, net collection saw a growth of 10.7 per cent and…
DTDC Express expects e-commerce vertical to account for around 50% of total biz
Abhishek Chakraborty, Executive Director, DTDC Express Ltd | Photo Credit: Adrian R Photography Logistics and courier services operator DTDC Express is expecting its e-commerce segment to account for around 50 per cent of its overall business as the company bets…
Private capex likely to rise 21.5% to ₹2.67 lakh crore in FY26: RBI bulletin
Capital investment by the private sector is likely to rise 21.5 per cent to ₹2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms…
India must build resilient supply chains, boost R&D and brands: ITC Chairman Sanjiv Puri
ITC Chairman Sanjiv Puri | Photo Credit: RAGHUNATHAN SR/THE HINDU India must sharpen its focus on building resilient supply chains, and enhance investments in R&D and intellectual property to create strong Indian brands and address newer opportunities in newer markets…
Centre plans ICAO-led study on airport height rules to boost Aerotropolis growth
Civil Aviation Minister Ram Mohan Naidu highlighted that restrictions currently impede growth in cities like Mumbai, Hyderabad, and Kolkata, whereas countries such as New York, London, Hong Kong, and Dubai allow high-rises near airports without compromising safety. | Photo Credit:…
Fertilizer industry seeks cut in GST to 5%, urges Govt for input tax credit refund
The fertilizer industry has huge amount of accumulated input tax credit due to subsidy being excluded from the taxable supply | Photo Credit: NAGARA GOPAL The Fertilizer Association of India (FAI) has urged the Centre to bring Goods and Services…
Outlook for pvt corporate investment remains cautiously optimistic: RBI study
The outlook for private corporate investment remains cautiously optimistic, with the envisaged capital expenditure (capex) projected to increase substantially to ₹2,67,432 crore in FY26 from ₹2,20,132 crore in FY25, according to a RBI study. This increase in capex will be…
IndiGo gets lease renewal extension for Turkish aircraft
The extension has been granted to safeguard passengers’ interests given the current airspace closure | Photo Credit: REUTERS To safeguard the interests of Indian passengers, the Centre has extended IndiGo’s deadline to operate Turkish Airlines-leased planes by six more months,…
Cochin Shipyard lay keel for methanol ready hybrid vessel for Cyprus firm
The project reflects shipyard’s commitment to innovation, sustainability and global collaboration Cochin Shipyard laid the keel of the state-of-the-art commissioning service operation vessel (CSOV) — Pelagic Wahoo. It is the second vessel in the series being constructed for the Cyprus-based…
India eyes $1 trillion maritime investments ahead of IMW 2025: Sarbananda Sonowal
Union Minister Sarbanand Sonowal underlined India’s transformation through initiatives such as Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, positioning the country as a global maritime hub. | Photo Credit: ANI The Ministry of Ports, Shipping and Waterways…
India plans outreach in 40 countries to offset US 50% tariff on textiles
The US duty, effective from August 27, impacts Indian exports worth more than USD 48 billion, with textiles, gems and jewellery, footwear, chemicals, and machinery among the worst-hit sectors. | Photo Credit: ADNAN ABIDI/Reuters India is planning dedicated outreach programmes…
‘New Online Gaming Bill is a net positive for video games but a blow for real money games’
India’s new online gaming legislation presents a stark dichotomy — victory for video games and e-sports sectors but loss for the real money gaming (RMG) industry. This regulatory shift addresses years of flux between different gaming categories that had created…
Aluminium Industry in India seeks policy support amid US tariffs, Chinese imports
Jitendra Chopra, President of the Aluminium Extrusion Manufacturers Association of India (ALEMAI), said industries face severe pressure as China reroutes products through ASEAN nations to India at zero duty. Amid US tariffs and other challenges, the aluminium extrusion sector has…
Rapido clarifies bike services not operational in Karnataka; says Bike Direct is a non-profit initiative
Rapido clarified that Bike Direct is not a commercial service | Photo Credit: ALLEN EGENUSE J After the Karnataka High Court clarified that it has not permitted bike taxi operators in the state, Rapido said its Bike Direct service is…
Govt cuts minimum export price on natural honey to $1,400 per tonne till Dec 31 this year
The government has cut the minimum export price (MEP) on natural honey from $2,000 per tonne to $1,400 per tonne till the end of this year, according to a notification. Exports below this MEP are not permitted. “MEP on natural…
Chinese airlines apply for slots at Delhi, initiate steps to resume flights
Crew members holding a Chinese national flag pose for pictures in front of a plane of the China Southern Airlines | Photo Credit: CHINA STRINGER NETWORK Chinese carriers have applied for slots at Delhi airport and have initiated steps to…
GST Council likely to consider proposal to raise maximum rate slab
The Goods and Services Tax (GST) Council, scheduled to meet on September 3 and 4, is likely to take up a proposal to amend the Central GST (CGST) Act to permit a higher ceiling on GST slab rates. The move,…
Tamil Nadu Govt announces ₹17,000 cr crop loans, ₹3,000 cr livestock loans with same-day sanction
Initially launched in Dharmapuri on August 17, the scheme is now being expanded across the state. | Photo Credit: RAO GN The Tamil Nadu government on Saturday announced that crop loans worth Rs 17,000 crore would be extended to farmers…
India says US trade negotiations are still going on as fresh tariffs loom
India’s foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days before hefty additional U.S. tariffs are due to hit. Indian goods face additional U.S. tariffs…
Fearing Govt retaliation, Indian buyers pause imports of US agri products
The Economic Research Service of the US Department of Agriculture data showed that India was the sixth-largest overall export market for the US. Indian buyers have “paused” imports of US agricultural products, mainly pulses and lentils, fearing the Narendra Modi…
APEDA opening new offices at Patna, Raipur, Dehradun to support agri exporters
The commerce ministry’s arm, Agricultural and Processed Food Products Export Development Authority (APEDA), has decided to open its three new regional offices in Patna, Dehradun and Raipur to support agri exporters, an official said. At present, the Delhi-headquartered authority has…
Union Agri Minister Chouhan to visit Karnataka to review arecanut sector
Shivraj Singh Chouhan, Union Minister for Agriculture & Farmers Welfare The Union Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, has said that he would personally visit Karnataka, along with a team of scientists and experts, to review the…
Cochin Shipyard lays keel for hybrid SOV for UK based North Star Shipping
Cochin Shipyard Limited has laid the keel for a state-of-the-art hybrid Service Operation Vessel (SOV) for North Star Shipping (Aberdeen) Limited, UK to serve the growing offshore renewable energy segment. The ceremony was officiated by James Bradford, Chief Technology Officer…
Karnataka HC gives state government one month to clarify stand on bike taxi rules
The ban on bike taxi aggregators was imposed on June 16, leaving many commuters stranded, particularly for short-distance travel. | Photo Credit: SUDHAKARA JAIN The Karnataka High Court has given the state government one month to decide whether it wants…
Oilmeal export declines by 2.4% during April-July
India’s oilmeal export declined by 2.4 per cent in the first four months of 2025-26 due to a fall in the export of soyabean meal, rapeseed meal and castorseed meal. Data compiled by the Solvent Extractors’ Association of India…
China assures India of sorting concerns on rare earth, fertilizer supplies
Prime Minister Narendra Modi with Chinese Foreign Minister Wang Yi during a meeting, in New Delhi. | Photo Credit: PTI In a major relief for the Indian industry, China has promised to address India’s key concerns related to supply of…
Widespread rain alert for Konkan, ghat areas till Aug 20
The red alert for Mumbai, Thane, Raigad, Ratnagiri and Palghar districts will be in place till Wednesday morning, an official said
PM chairs first meeting of task force to deliberate upon next generation reforms
Prime Minister Narendra Modi with Defence Minister Rajnath Singh, Union Home Minister Amit Shah, Union Ministers Nitin Gadkari, Shivraj Singh Chouhan and others during a meeting to discuss the roadmap for next-generation reforms in New Delhi. (@narendramodi on X via…
India’s semiconductor market expected to triple to $100 billion by 2032: Report
In 2022, the country exported semiconductor devices worth $516 million, primarily to the United States, Hong Kong, and South Africa. With about 60 per cent of semiconductor output by the Asia-Pacific region, which continues to dominate global production, India is…
Cars, ACs, daily-use items to cost less under proposed GST review
Tax relief. Consumer durables and small cars, which are taxed at 28% now, are proposed to be moved to the 18% bracket | Photo Credit: KSL A host of goods such as cars, motorcycles, refrigerators, air-conditioners and daily use items, including…
Air Canada to resume flights after directive ending strike
Air Canada plans to resume flights on Sunday after the Canadian Industrial Relations Board (CIRB) acted on a directive from the country’s Jobs Minister Patty Hajdu to end a cabin crew strike that caused the suspension of around 700 daily…
Air Canada grounds flights as flight attendants go on strike
Protesters hold signs as a strike begins after the union, which represents more then 10,000 Air Canada flight attendants, failed to reach an agreement with the airline, at Montreal-Pierre Elliott Trudeau International Airport in Dorval, Quebec, Canada August 16, 2025…
TN chief minister Stalin seeks PM’s intervention to help State’s manufacturing amid US tariffs
Tamil Nadu Chief Minister M K Stalin | Photo Credit: JOTHI RAMALINGAM B Tamil Nadu’s thriving manufacturing sector is facing a crisis unlike any seen before, threatening millions of livelihoods across various sectors due to the US tariff on imports…
Kaveri Seed Q1 PAT up by 12% at ₹316 cr
Chairman and Managing Director of Kaveri Seeds, G.V. Bhaskar Rao | Photo Credit: NAGARA GOPAL Kaveri Seed Company has posted a net profit of ₹316.50 crore in the first quarter ended June 30, 2025, as against ₹282.91 crore in the…
India’s Russian crude imports climb to 2 million bpd in August
The increase in Russian flow was at the cost of purchases from Iraq, which declined to 730,000 bpd in August from 907 bpd in July, and Saudi Arabia which fell to 526,000 bpd from 700,000 bpd last month. India’s purchase…
Businessline Impact: DGCA to Review Drone Registrations Issued on False Grounds
The latest findings are serious regulatory breaches, making the registrations liable for suspension or cancellation. In a move aimed at tightening compliance, India’s aviation safety regulator has decided to scrutinise drone permits that were issued on the wrong pretext. The…
Edible oil imports down by 9.87% in first 9 months of oil year 2024-25
A decline in the import of palm oil helped India to bring down total edible oil imports by 9.87 per cent during November-July of the oil year 2024-25 (November-October). Data compiled by the Solvent Extractors’ Association of India (SEA) showed…
Govt approves first BSF cadre review in 60 years; 23,710 promotions cleared
In a landmark move, the government on Wednesday approved the first-ever cadre review of the Border Security Force in its 60-year history, adding nearly 4,000 posts across constable to inspector ranks. | Photo Credit: ANI The government on Wednesday approved…
Gujarat Pipavav Port registers 4.8% decline in net profit during Q1 FY26
Lower container volumes and a flat growth in dry bulk volumes caused a 4.8 percent year-on-year decline in consolidated net profit for Gujarat Pipavav Port Ltd during the first quarter of financial year 2025-26. The net profit for the company…
Oil Ministry expects E20 fuel to conserve forex worth $4.9 billion in FY26
The Ministry of Petroleum & Natural Gas (MoPNG) said on Tuesday that the E20 (20 per cent ethanol-80 per cent petrol) fuel can help save foreign exchange worth around $4.9 billion in the current financial year, ending March 2026. The…
Breakthrough in pigeon pea research: New gene fights destructive disease
When attacked by the disease, farmers lose up to 90 per cent of their pigeon pea yields. | Photo Credit: KAMAL NARANG A team of scientists from India’s premier agricultural research institutes has identified a gene that offers resistance to…
India diversifies trade strategy as US drives hard bargain
The government on Monday informed Parliamentary Standing Committee on External Affairs that the US has driven a hard bargain with all the countries with which it has finalised bilateral trade deals. Giving details of the US deals with Japan, South…
Sales of affordable homes may be hit with likely impact of US tariff on MSMEs employees: Anarock
Affordable home sales are likely to be hit by the proposed US tariffs on Indian exports, which will hurt small businesses and income of their staff who are major buyers of housing properties costing up to ₹45 lakh, according to…
Karnataka had to bear nearly 90% of metro costs despite Centre’s 50:50 share agreement, says CM Siddaramaiah
Karnataka Chief Minister Siddaramaiah on Sunday hailed the inauguration of Bengaluru’s Yellow Line Metro and Phase-3 works as a milestone in the city’s fight against traffic congestion, while reminding that the project was a joint effort where the State bore…
PM Modi flags off three Vande Bharat Express trains in Bengaluru
PM Modi will also address a public function in Bengaluru Prime Minister Narendra Modi on Sunday flagged off three Vande Bharat Express trains at KSR Railway Station in Bengaluru. These included trains from Bengaluru to Belagavi, Amritsar to Sri Mata…
NIAB sets up India’s first animal stem cell biobank, lab in Hyderabad
Jitendra Singh, Union Minister of State for Science & Technology | Photo Credit: ANI India’s first-of-its-kind state-of-the-art Animal Stem Cell Biobank and Animal Stem Cell Laboratory opened at the National Institute of Animal Biotechnology (NIAB), Hyderabad. Union Minister of State for Science…
Centre may roll out ₹2,250 crore export promotion mission soon: Official
The government is expected to soon announce support measures under the proposed ₹2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. “We are in dialogue with exporters to see…
‘Forest fire management’ added as a new job area under MNREGA
File picture: Villagers of Kumkhal village of Kalahandi district in Odisha return from MNREGA works. | Photo Credit: BISWARANJAN ROUT The Centre has added “forest fire management” as a new category of job work under the Mahatma Gandhi National Rural…
‘Why only target Air India which faced unfortunate tragedy?’ SC junks PIL for safety audit
The Supreme Court on Friday refused to hear a plea to appoint a retired top court judge for examining Air India’s safety practices among other aspects and asked the petitioner why target the airline that witnessed an “unfortunate tragedy”. A…
Delhi working on plan to aid exporters hit by tariffs
The US is India’s largest export market, with shipments valued at $86.5 billion in FY25. | Photo Credit: daboost India is gearing up to meet any outcome, including a continuation of the 50 per cent tariffs unilaterally imposed by the…
India seeks new export markets to cushion US tariff blow
Dammu Ravi, secretary (economic relations), Ministry of External Affairs India is looking for new export markets in Asia, Africa and Latin America amid ongoing trade tensions with the US, Dammu Ravi, secretary (economic relations), Ministry of External Affairs said on Thursday. While negotiations…
India updates maritime framework: LS passes Merchant Shipping Bill; RS clears Carriage of Goods by Sea Bill
Legislation expected to simplify maritime trade laws, reduce litigation risks, and enhance transparency and commercial efficiency in cargo movement by sea The Parliament on Wednesday passed two landmark maritime bills paving the way for a modern, efficient and globally aligned…
TraceX launches AI tool to help exporters comply with EUDR norms
TraceX Technologies, an agrifood and climate tech start-up, has launched an agentic AI tool to automate and simplify end-to-end compliance with EU’s Deforestation Regulation (EUDR) that comes into effect from December 2025. EU Deforestation Regulation (EUDR) mandates that any product…
Government appoints 33 technical members to GST Appellate Tribunal
The Government has appointed 33 Technical Members to the GST Appellate Tribunal (GSTAT). This is an important step to operationalise the tribunal, which could bring certainty among GST assessees. According to an order of the Appointment Committee of the Cabinet…
Adani Ports quarterly profit rises 6.5% to ₹3,315 crores
The company said Executive Chairman Gautam Adani will now be its non-executive chairman Adani Ports and Special Economic Zone reported a quarterly profit rise on Tuesday, boosted by growing cargo volumes. India’s biggest private port operator is seen as a…
Centre downplays mileage drop, experts warn of corrosion & retrofit needs
On a day that Ministry of Petroleum and Natural Gas (MoPNG) clarified that the “marginal” decrease in vehicle mileage by ethanol-blending can be minimised through engine tuning, industry experts said petrol blended with 20 per cent ethanol (E20 fuel)…
Sales of chips hit in Kerala as Nendran banana turns cheap and coconut oil pricey
As Onam approaches, two key agricultural products in Kerala—Nendran banana and coconut oil—known for complementing each other in the making of banana chips, are now presenting a mixed scenario. This festive season, falling banana prices and rising coconut oil costs…
Anti-militancy operation in Kashmir’s Kulgam enters third day; two militants killed
Security personnel on vigil following an encounter with terrorists in Akhal, in Kulgam district, Jammu and Kashmir | Photo Credit: PTI A major anti-militancy operation in south Kashmir’s Kulgam district entered its third day on Sunday, with two militants killed…
Mumbai-Ahmedabad bullet train service to start soon, travel time little over 2 hours: Vaishnaw
It will start from the Bandra Kurla Complex (BKC) area in Mumbai, and connect to Gujarat’s Vapi, Surat, Anand, Vadodara and Ahmedabad, running at a high speed of 320 km per hour | Photo Credit: ANI Railway Minister Ashwini Vaishnaw…
Piyush Goyal talks strategy with exporters, discusses impact of tariffs
Union Commerce & Industry Minister Piyush Goyal said in a series of social media posts that he held meetings with the textiles, steel producers in Mumbai and those from the engineering goods sector to discuss strategies for exports. In a…
Kharif crops sowing this season may exceed last year’s level: ICRA
Research firm ICRA said that kharif crops sowing this season may exceed the level of last year by a reasonable margin. Aided by favourable monsoon, kharif sowing has been completed on 76 per cent of the normal sown area and…
CMRL engages consultant for feasibility study of RRTS corridors across Tamil Nadu
Officials of CMRL and Balaji Railroad Systems Private Limited at the agreement signing. | Photo Credit: Supplied Chennai Metro Rail Limited has launched three simultaneous feasibility studies to define Regional Rapid Transit System (RRTS) networks that will link cities of Chennai…
India imports major quantity of water soluble fertilisers from China, other countries
The water soluble fertilisers are mainly used for cash and horticultural crops. India imports a significant quantity of water soluble fertilisers from China as well as alternative suppliers like Belgium, Egypt, Germany, Morocco and the USA, Parliament was informed on…
Tourism ministry pitches for city-level bureaus to bring large events to India
The union tourism ministry is encouraging states to create city-level bureaus to attract top global events, taking a leaf from destinations such as Dubai and Singapore. The ministry believes city-level bureaus will lead to effective collaboration and increase competitiveness of India vis-a-vis its competitors. “We are encouraging state…
Over one lakh jobs in jewellery industry at risk due to fresh US tariffs: Jewellery exporters
The recent announcement by US President Donald Trump to impose a 25 per cent tariff on Indian imports will severely impact India’s gem and jewellery industry, a major contributor to the country’s export economy, highlighted the jewellery manufacturers and exporters…
From 0.2% to 40%: How Russian crude became India’s top oil source and invited Trump’s tariff heat
India’s dependence on Russian crude oil has skyrocketed from a mere 0.2% before the Ukraine war to around 35–40% currently, making Russia India’s top supplier. From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per…
India can become global hub for aircraft component production: Venttup
India is set to become a global hub for aircraft components manufacturing with a market size of $29.5 billion by 2033, a whitepaper launched by the B2B manufacturing startup Venttup has said. Driven by government initiatives like Make in India…
West Bengal small tea growers demand govt action on pricing and financial access
Small tea growers’ associations in West Bengal have appealed to the State Government for urgent policy reforms to address limited bargaining power, price distortions, and poor financial access impacting over 50,000 small growers contributing 64% of the region’s tea output. …
Kerala Government urges traders to take part in tenders to supply coconut oil to Supplyco
The Kerala Government has stepped in to curb the rising price of coconut oil. It has assured that it would bring down its prices during the ensuing Onam festival season. The State Minister for Industries, P. Rajeev, and the Food…
MNRE retains ALMM mandate for solar PV cells; effective from June 2026
The Ministry of New & Renewable Energy has reaffirmed that the mandate for using solar PV cells under the Approved List of Models & Manufacturers will take effect from June 1, 2026. The Ministry of New & Renewable Energy (MNRE)…
Adani’s strategic move to align with MoD policy to make India atmanirbhar in ammunitions
Seeking to align with Ministry of Defence self-reliance initiative in ammunitions sector, Adani Defence and Aerospace is stepping ahead to address the demand for medium and large calibre cartridges and shells from the armed forces, central armed police forces (CAPFs)…
UK firms can offer telecom, construction services in India without local office under CETA
The Comprehensive Economic and Trade Agreement (CETA) was signed on July 24 in London. It may take about a year for items implementation as the free trade pact needs approval from the British Parliament | Photo Credit: Kin Cheung Companies…
Vigilance rules: Property disclosure now crucial for CPSE officers for career progression, post-retirement opportunities
Finance Ministry tightened the rules with the overarching aim of bolstering transparency and fostering corruption-free governance. Not filing the annual immovable property return can now have significant consequences for officers in Central Public Sector Enterprises (CPSEs), potentially leading to denial…
PM Modi inaugurates, dedicates to nation ₹4,900 crore worth projects in TN
Prime Minister Narendra Modi | Photo Credit: PMO Prime Minister Narendra Modi on Saturday inaugurated, laid foundation stones and dedicated projects worth ₹4,900 crore in Tamil Nadu. The projects are related to airport, highways, railways, port and power in Tamil…
India to sustain 6-6.5% y-o-y real GDP growth in FY26 amid supportive domestic demand: UBS
India’s economy grew by 7.4 per cent in the January-March quarter (Q4) of FY25, beating expectations and marking the strongest quarterly growth of the fiscal year. India is projected to maintain a steady 6-6.5 per cent year-on-year (y-o-y) real GDP…
India to extend ₹4,850 crore line of credit to Maldives: Modi
Prime Minister Narendra Modi and Maldives President Mohamed Muizzu, at the President House in Malé on July 25 | Photo Credit: ANI Prime Minister Narendra Modi has said India would extend a ₹4,850 crore line of credit to Maldives on…
Supplyco’s Onam purchase lifts good liquoring tea prices at Kochi auctions
Onam demand boosted prices of good liquoring tea at Kochi auctions this week, thanks to increased purchases made by Supplyco to meet the requirement for the festival season. The increased procurement by Supplyco follows the decision of the Kerala government…
Indian farmers to benefit from zero duty import by UK of many agri items
Exporters are hopeful that CETA will help reduce landed cost of Indian products in the UK market, boosting export volume and enhance income of farmers. The Comprehensive Economic and Trade Agreement (CETA) between the UK and India is a win…
SC dismisses plea by KAL Airways, Maran seeking damages: SpiceJet
SpiceJet on Thursday said the Supreme Court has dismissed the appeal filed by KAL Airways and Kalanithi Maran seeking damages of over ₹1,300 crore and other claims. “With this order, the appeals of KAL Airways and Kalanithi Maran have been…
Centre’s survey on unemployment in India “misleads” citizens, alleges Amit Mitra
Former West Bengal, Finance Minister Amit Mitra Former West Bengal Finance Minister Amit Mitra on Wednesday alleged that the Narendra Modi-led Central Government’s official unemployment figures grossly understate the actual joblessness in India. Mitra, the Principal Chief Advisor to the…
Renewables help India save ₹4 lakh crore in fossil fuel & pollution costs in 2024
Rising installed capacity of renewables by India in the last calendar year helped the world’s third largest energy consumer save more than $46 billion, or roughly ₹4 lakh crore, in fossil fuel and pollution related costs. The International Renewable Energy…
India, Maldives in discussion on a free trade agreement: MEA
Prime Minister Narendra Modi is set to visit Maldives on July 25-26, following his visit to the UK. | Photo Credit: ANI India and the Maldives are in discussions to negotiate a free trade agreement (FTA) and an investment treaty,…
Women drive formal economy growth: SBI sees surge in female taxpayers, depositors
A research report by the State Bank of India highlights the increasing formal economic participation of women in India. A research report of State Bank of India (SBI) reflects on the growing involvement of women in India’s formal economic activities….
Germany’s RENK opens new production facility in Tamil Nadu
Alexander Sagel, chief executive officer of Renk Group AG | Photo Credit: ALEX KRAUS RENK Group AG, Germany’s supplier of drive solutions for military and civil applications, on Monday inaugurated its new production facility at Shoolagiri in Krishnagiri distrct ….
Gujarat exports 3000 metric tonnes of mangoes in 5 yrs: Govt
In the last five years, Gujarat exported 3,000 metric tonnes of mangoes, of which 29 per cent were exported in 2024-25 alone, according to data shared by the state government on Monday. About 3,000 metric tonnes of mangoes were exported…
Indian millers, exporters optimistic as Bangladesh plans to import 9 lt rice: Stakeholders
Indian rice millers and exporters are upbeat about Bangladesh’s “plan to import 9 lakh tonnes of rice,” anticipating a boost in demand and better prices for the cereal, stakeholders said on Sunday. With India accounting for 46 per cent of…
Parliamentary panel report on new Income Tax Bill, 2025 to be tabled in Lok Sabha on Monday
New Delhi, Feb 13 (ANI): Union Finance Minister Nirmala Sitharaman introduces Income Tax Bill in Lok Sabha, in New Delhi. | Photo Credit: ANI A report of the parliamentary committee set up to scrutinise the new Income Tax Bill, 2025,…
India, US conclude this week’s crucial negotiations for a trade pact
The round focussed on sorting out tricky issues, including tariff cuts in agriculture and automobiles, and talks may continue through the virtual mode for some time, sources said. Trade teams from India and the US have wrapped up this week’s…
NTSB: Air India crash reports are premature, probe still ongoing
The United States National Transportation Safety Board Chair Jennifer Homendy The United States National Transportation Safety Board Chair Jennifer Homendy said on Friday that recent media reports on the crash of an Air India Boeing Dreamliner that killed 260 people…
Small vendors ditch UPI over GST notices, plan bandh on July 25
Milk sales will be suspended on July 23, followed by a halt in gutka and cigarette sales on July 24. On July 25, vendors plan a complete shutdown of bakeries, condiment stores, and petty shops. | Photo Credit: Murali Kumar K…
India’s CAD to face upward risk amid rising commodity prices: UBI Report
Union Bank of India report predicts marginal rise in India’s current account deficit in FY26 due to global factors. | Photo Credit: iStockphoto India’s current account deficit (CAD) is likely to see a marginal rise in FY26 as there is…
India cautions against ‘double standards’ as NATO chief issues threat on Russia trade
Russia is now the largest supplier of oil to India while India is the second largest buyer of Russian oil, after China. | Photo Credit: ALEXANDER MANZYUK India has cautioned against any “double standards” on the matter of purchase of…
Aegean Airlines to launch non-stop Greece – India flights from next March
Aegean Airlines to launch non-stop flights between India and Greece with new Airbus A321XLR aircraft in 2023. Non-stop flights between India and Greece will begin next March, with Aegean Airlines advancing its launch plans. The Greek airline announced the induction…
Parliamentary panel seeks stronger powers for Income-Tax authorities
The Select Committee, on Wednesday, adopted its report on the new Income-Tax Bill | Photo Credit: SIVA SARAVANAN S A Parliamentary panel is believed to have suggested redefining the power status of Income-Tax authorities regarding discovery and production of evidence….
Air India crash rekindles debate over cockpit video recorders
The deadly Air India crash last month has renewed a decades-old debate in the aviation industry over installing video cameras monitoring airline pilot actions to complement the cockpit voice and flight data recorders already used by accident investigators. One of…
Air India to partially restore international schedule post ‘Safety Pause’ from August
The Tata Group-promoted Air India will begin a phased restoration of its international schedule from August 1, 2025, following the “Safety Pause” triggered by the June 12 crash of Flight AI171. Accordingly, the airline had scaled back operations to conduct…
Vizhinjam Terminal eyes Shore Tension System to tame monsoon-fired waves
Vizhinjam Terminal is looking at setting up a Shore Tension System to control impact of waves and improve productivity of vessels operating in berths, especially during monsoon. Highly placed sources told businessline that the company has approached agencies in the…
WB Cabinet nod to 40-acre land transfer from Hindustan Motors to Titagarh Rail for coach production
The land will be used to expand production and commission metro and Vande Bharat train coaches, with a state-of-the-art testing facility and dedicated test track. The West Bengal Cabinet on Monday cleared decks for the transfer of around 40 acres…
Wholesale price inflation declines 0.13% in June, against 0.39% rise in May
Vegetable prices in June fell 22.65% year-on-year from a 21.62% fall in May | Photo Credit: Yingko Wholesale prices in June eased 0.13 per cent year-on-year, compared with a rise of 0.39 per cent in the previous month, government data…
Electrical fault in spotlight as other factors ruled out in AI-171 crash, say experts
Experts have flagged a 2018 FAA advisory that warned of possible disengagement of the fuel switch locking mechanism on similar Boeing models. | Photo Credit: KUNAL PATIL Aviation experts believe that future lines of enquiry by the Aircraft Accident Investigation…
Piyush Goyal highlights key engagements across banking, MSMEs, aerospace, and infrastructure
Union Commerce and Industry Minister Piyush Goyal shared key developments from the past week, reflecting the government’s continued push to strengthen India’s trade, industrial, and infrastructure landscape. In a high-level meeting with the Chairman of State Bank of India, along…
Aviation experts slam Air India crash report, allege pilot scapegoating
File picture: Wreckage from the Air India plane that crashed moments after taking off from the Ahmedabad airport, on a building in the city, on June 12. | Photo Credit: – Aviation experts as well as pilots have cast “serious…
Sovereign wealth funds, pension funds to get 5 more years to invest for IT exemptions
In order to implement budget announcement post enactment of the Finance Act, Finance Ministry has notified extension of date of making investment by 40 sovereign wealth funds (SWFs) and pension funds (PFs) for another five years to avail tax exemptions,…
Net direct tax collection declines 1.3%
The Income Tax Department reported on Friday that net direct tax collection recorded a de-growth of over 1.3 per cent between April 1 and July 11. This decline is primarily attributed to a drop in corporate tax collections combined with…
Trump says those not sent tariff letters may face blanket tariffs of 15% or 20% on Aug 1
US President Donald Trump US President Donald Trump has said that trading partners that had not yet received tariff letters would likely face blanket tariffs, “whether it is 20 per cent or 15 per cent”, which would be worked out…
LIC, IDBI disinvestment moves forward amid Govt sale push
The process for selling minority stake sale in LIC and the strategic sale in IDBI Bank has gained momentum, a senior government official has said. While no timeline is given for LIC, the IDBI Bank sale process is likely to…
Trump’s BRICS warning to India adds new twist to trade deal
US President Donald Trump | Photo Credit: Eduardo Munoz President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalise a favourable…
Parliamentary panel raises concerns over delays in AI crash report
The meeting was attended by the Civil Aviation Secretary and the Director General of DGCA, with the chief of the aviation regulator making a presentation before the committee. | Photo Credit: ADNAN ABIDI A key parliamentary panel on Wednesday raised…
Nuclear power plants commissioned after April 2022 can adopt constant or variable RoE
Operating nuclear power plants, commissioned before April 1, 2022, will have a RoE of 15.5 per cent. | Photo Credit: (filephoto) Nuclear power projects commissioned after April 1, 2022, will have the freedom to adopt either a constant Return on…
General strike: Ten Central trade unions join hands, RSS-backed BMS not to participate
The charter of demand urged hosting an Indian Labour Conference. The tripartite body last met in 2015 | Photo Credit: iStockphoto The platform of 10 Central trade unions and independent sectoral federations and associations got support from farmers union for…
Shankh Air looks to expand regional connectivity in UP, other places
Shankh Air has applied for the flying permit and is awaiting approval from the DGCA | Photo Credit: Melpomenem UP-based regional carrier, Shankh Air, which is awaiting its flying permit from the Directorate General of Civil Aviation (DGCA), plans to…
JSW Infra gets contract to reconstruct berths at Kolkata port
The project is aimed at enhancing container handling capacity at the port. | Photo Credit: REUTERS JSW Infrastructure has received an order from the Syama Prasad Mookerjee Port Authority for the reconstruction of Berth 8 and mechanisation of Berths 7…
Dvara E-Registry launches micro LAP to deepen agri credit access
Agri-fintech start-up Dvara E-Registry has launched its micro loan against property (Micro LAP) product to deliver secured, asset-backed credit to small and marginal farmers and other participants across India’s agricultural value chain. The Micro LAP product enables agri value chain…
Pilots urge reform in medical standards, end to exams at IAF centres
For the issue of a licence, medical examination can be carried out at IAF centres or approved private hospitals. For years commercial pilot licence (CPL) holders have had to undergo medical examinations at Indian Air Force (IAF) medical centres but now…
Long-term policy continuity, uniformity essential for auto industry growth: Stellantis India CEO
Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that the industry is able to execute long-term business strategies.
Agartala Airport scores big in customer satisfaction survey
Maharaja Bir Bikram Airport The Maharaja Bir Bikram (MBB) Airport here has topped the Northeast and ranked 15th nationally among 62 airports in Round 1 of the Customer Satisfaction Survey (CSS) 2025, an official said on Saturday. This was announced…
GTRI cautions against imports of GM farm products from US; may affect India’s agri exports
DDGS is a by-product made during ethanol production, usually from corn or other grains. | Photo Credit: ALMAAS MASOOD Economic think tank GTRI on Saturday cautioned that allowing genetically modified (GM) farm products from the US under the proposed trade…
India proposes to retaliate against US auto sector tariffs at WTO
On March 26 this year, the US adopted a safeguard measure in the form of a tariff increase of 25 per cent ad valorem on imports of passenger vehicles and light trucks, and on certain automobile parts from India. |…
India’s auto industry likely to see continued export growth in 2-wheelers, commercial passenger vehicles: Report
Strong export growth expected in Indian automobile industry for two-wheelers, commercial vehicles, and passenger vehicles, with mixed domestic sales. | Photo Credit: REUTERS The domestic automobile industry is expected to continue witnessing strong export growth across two-wheelers (2W), commercial vehicles…
KisaanSay targets 500 FPO tie-ups in 5 years with unique co-branded model
KisaanSay, a B2C food brand sourcing directly from farmers, plans to partner with 500 Farmer Producer Organisations (FPOs) over the next 4–5 years. Suggest headlines, a summary, five seo keywords, a seo url, a seo title, a 160-character seo description,…
India’s services PMI jumps to 10-month high of 60.4 in June
“Employment rose for the thirty-seventh consecutive month in June, with the rate of job growth outpacing its long-run average despite slowing from May’s record,” S&P Global reported. | Photo Credit: GIRI KVS Following strong performance in manufacturing, the services sector…
Trump pushing India for deal with “much less tariffs”
The US is continuing to pressure India for greater market access for goods across sectors in the ongoing bilateral trade agreement negotiations and agree to “much less tariffs” despite New Delhi’s resistance in sensitive areas, including agriculture. “I think we…
Quad launches major initiative to steady supply of critical minerals
U.S. Secretary of State Marco Rubio and India’s External Affairs Minister Subrahmanyam Jaishankar walk together during the meeting of the Indo-Pacific Quad at the State Department in Washington, D.C., U.S., July 1, 2025. REUTERS/Kevin Lamarque | Photo Credit: KEVIN LAMARQUE…
SLCM deploys GPS-enabled digital locking solutions across 1,500-plus storage facilities
Sohan Lal Commodity Management (SLCM) Group has announced the deployment of GPS-enabled digital locking solutions across more than 1,500 high-value storage facilities – including warehouses, cold storages, silos, and oil tanks – spanning 240 districts across 19 states in India….
India’s factory growth hits 14-month high on exports surge, PMI shows
Factory output grew at its fastest pace since April last year, supported by strong demand | Photo Credit: SAHIBA CHAWDHARY India’s manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that boosted…
BRICS nations’ interest in national currency trade is not de-dollarisation: MEA official
The US dollar will continue to exist in the global trade, said the official | Photo Credit: SUKREE SUKPLANG BRICS nations will work on increasing their understanding of the importance of having an alternative mechanism to do trade in national…
India’s trade deficit may surge to $300 billion in FY26 despite lower oil prices: ICICI Bank Report
The report said that while oil prices may not surge sharply, the widening trade deficit will be driven mainly by weak performance in non-oil exports. | Photo Credit: VIVEK PRAKASH India’s trade deficit is likely to widen to $300 billion…
Gross Value Added in agriculture per worker rose by 54% between FY16 and FY 25
Percentage of population using improved drinking water sources in rural areas increased to nearly 100 per cent in FY25 from 94.57 per cent in FY16. | Photo Credit: KVS GIRI Gross Value Added (GVA) per worker in agriculture has increased…
Drone sprays to the rescue: Can technology bridge the agrochemical gap in Indian agriculture?
Indian agriculture has long been a story of adaptation and innovation, from the Green Revolution of the 1960s to the widespread adoption of high-yielding seed varieties and modern inputs. Today, however, a new set of challenges is emerging: rising input…
SkyHop Aviation to start operations soon; receives NOC
File photo: A sea plane landing at Mattuppetty reservoir near Munnar | Photo Credit: JOMON PAMPAVALLEY The seaplane and small aircraft operator — SkyHop Aviation — intends to start commercial flight services soon. It has received the NOC (No Objection…
Chennai Port Authority to revive the Outer Harbour project for the third time after first mooted 18 years ago
The Chennai Port Authority is reviving the outer harbour project for the third time after it was first mooted 18 years back. The Authority has decided to conduct a study to determine the financial viability of the project. If found…
Economy in ‘Goldilocks’ moment, but there are external challenges too: FinMin report
The Indian economy appears to be in a ‘Goldilocks’ moment, a Finance Ministry report said on Friday. However, it cautioned about the external challenges that could impact India’s growth trajectory. A Goldilocks moment describes a ‘perfect’ market where interest rates…
India’s first maritime NBFC-Sagarmala Finance Corporation- sets sail
The corporation will provide financial products – including short, medium, and long-term funding | Photo Credit: R_K_Nithin As a sector-specific NBFC, SMFCL is set to bridge financing gaps in the maritime sector and catalyse economic growth, Minister of Ports, Shipping…
Farmers seek single window system for delivery of all agri services
Based on farmers’ responses, the Centre has identified some solutions such as developing a single window system for delivery of all agri services, inputs, schemes, and grievance redressal for Odisha, West Bengal and Andaman & Nicobar Islands. As many as…
IT Dept relaxes time limit for processing ITRs filed after due date, if delay is condoned
The Income Tax Department has relaxed the timeline for processing income tax returns filed after the due date due to illness, technical glitches, or court orders, provided such delays were condoned by authorities. | Photo Credit: SIVA SARAVANAN S/The Hindu…
MSMEs need agile ecosystem, not just incentives: Priyank Kharge
Priyank Kharge, Karnataka Minister for RPDR and IT and BT, speaking at the businessline MSME Growth Conclave Bengaluru 2025, on Wednesday | Photo Credit: BIJOY GHOSH Moving beyond subsidies and incentives, the government must build an agile and secure ecosystem…
DGCA’s air-safety audit finds multiple lapses at airlines, hubs
The surveillance — part of the special audit announced after the June 12 crash in Ahmedabad — covered flight operations, airworthiness, ramp safety, air traffic control, communication, navigation and surveillance systems, and pre-flight medical evaluations | Photo Credit: AMIT DAVE…
Air India launches probe after passengers, crew feel dizzy on London-Mumbai flight
Tata Group-promoted Air India has initiated an investigation into an incident where five passengers and two crew members reported feeling dizzy and nauseous during a flight from London Heathrow to Mumbai. The incident took place on Monday night when flight…
Climate Asia targets 1 million farm beneficiaries by 2030
Climate Asia founder and CEO Satyam Vyas. Agriculture is a key focus of Singapore-based sustainability consultancy firm Climate Asia’s work on climate adaptation, and it aims to reach one million beneficiaries over the next five years, said its founder and…
Hindustan Copper eyes mine auctions to acquire critical minerals and rare earth elements blocks: CMD
Sanjiv Kumar Singh, CMD, Hindustan Copper Ltd. State-owned Hindustan Copper, the country’s only copper miner, is planning to participate in the mine auction process – starting in the next two to three months – to acquire critical minerals and rare…
Record export orders, strong demand fuels India’s PMI to 14-month high in June
International sales saw a remarkable rise, with overall new export business at the highest since the data started to be collected in September 2014. India’s private sector activity accelerated sharply in June as companies ramped up production to meet surging…
US intervention in Israel-Iran war increases risks for India’s export-import
If the Strait of Hormuz is shut down by Iran, as is being feared, things may worsen and India’s oil supplies, too, will be hit. | Photo Credit: Hamad I Mohammed With the US entering the Israel-Iran war with its strikes…
Gujarat targets ₹35,000 cr investments through new Gujarat Electronics Component Manufacturing Policy-2025
Gujarat Electronics Component Manufacturing Policy-2025 aims to attract ₹35000 crore investments, offering incentives for semiconductor projects. | Photo Credit: iStockphoto The Gujarat government on Sunday announced the Gujarat Electronics Component Manufacturing Policy-2025, targeting ₹35000 crore of fresh investments into the…
Karnataka mango growers to be compensated jointly by Centre, State under PDPS scheme
Mango is one of the major horticulture crop in Karnataka and in the current season, the fruit has been grown in about 1.39 lakh hectares. | Photo Credit: SRIRAM MA In a major relief to the mango farmers in Karnataka,…
Advance tax collection sees 4% growth in first instalment
Net direct tax collection declined by over 1.3%, attributed to higher refunds, while advance tax growth saw a decrease. | Photo Credit: iStockphoto The first instalment of advance tax collection under direct taxes recorded a growth of 4 per cent…
More Indian exporters benefit from FTAs with UAE and Australia
CoOs issued to the UAE under the FTA were more than those issued to Australia | Photo Credit: iStockphoto India’s free trade agreements (FTAs) with the UAE and Australia are being utilised better by Indian exporters as reflected in the rise…
Core inflation on rise, but headline CPI projection lowered
Retail inflation continued to decline through March, April, and May, as headline inflation dipped to a 75-month low of 2.82 per cent in May. This drop was mainly led by food inflation, which recorded its sixth consecutive monthly decline. |…
Air India cuts London, Nairobi flights in move to stabilise operations after crash
The Air India Boeing 787 Dreamliner plane that crashed in Ahmedabad on June 12, 2025, flies over Melbourne, Australia, on December 29, 2024, in this handout picture. | Photo Credit: RYAN ZHANG Air India has temporarily suspended flights to Nairobi…
India’s $89 billion clean industry pipeline struggles to attract financing, report says
India’s $89 billion clean industrial projects face financing challenges, with only one reaching final investment decision in 6 months. | Photo Credit: Man As Thep India’s clean industrial projects pipeline worth $89 billion is facing financing bottlenecks as only one…
India slips to 71st place on Energy Transition Index; efficiency, investment capacity up
While 77 of 118 countries improved their scores in 2025, the share of countries advancing across all three energy dimensions — security, sustainability and equity — was only 28 per cent, highlighting that the majority still progressed unevenly. | Photo…
The Government’s net borrowings under control, show steady trend: SBI Report
India’s market borrowing program has seen a stable and orderly evolution in recent years, with net borrowings remaining under control despite the country’s growing economic needs. Data from a report by SBI showed that the government is actively managing its…
No major safety concerns with Air India Boeing 787, says DGCA after enhanced checks
Directorate General of Civil Aviation mandated extra checks of Air India’s Boeing 787 aircraft have not revealed any major safety concerns, the regulator has said. The aircraft and associated maintenance systems were found to be compliant with existing safety standards, it said…
India’s auto sector least impacted by rare earth curbs as over 95% vehicles have IC engine; EVs, hybrids hit hardest: Report
India’s auto sector is least impacted by the recent curb of rare earth magnets by China as over 95 per cent of vehicles in India’s are internal combustion engine (IC) vehicles noted a report by Nuvama. Electric vehicles (EVs), along…
‘India, US working on early tranche of trade pact by July 9’
New Delhi may negotiate with the US for lowering of MFN tariffs after the early tranche has been concluded. | Photo Credit: Getty Images India and the US are working on the early tranche of the proposed bilateral trade agreement…
Govt must urgently review energy risk scenarios due to Iran-Israel war: GTRI
Strait of Hormuz | Photo Credit: PeterHermesFurian With the Israel-Iran conflict intensifying, the government must urgently review energy risk scenarios, diversify crude sourcing and ensure strategic reserves are sufficient, think tank GTRI said on Sunday. Due to the war, India…
Reimagining a green movement of goods
Trucks account for over a third of the carbon dioxide emissions in the transportation sector | Photo Credit: Martin Janecek As India’s logistics sector continues to expand — and is projected to nearly double to $428 billion by 2033 —…
How commodity financing is becoming the backbone of India’s rural credit boom?
In the evolving landscape of Indian agriculture, one financial tool is silently transforming the way rural India accesses credit: commodity financing. Traditionally, farmers have depended heavily on informal sources of credit— moneylenders, middlemen, and advance sales. These practices often lead…
Nepal to export 40 MW electricity to Bangladesh via India from Saturday midnight
Starting Saturday midnight, Nepal is set to export 40 MW of electricity to Bangladesh through an Indian transmission line. Nepal, India and Bangladesh had signed a trilateral agreement on October 3, 2024 to export electricity produced by Nepal to Bangladesh…
Fertiliser price volatility: What traders and importers need to know in 2025
In 2025, global fertiliser trade finds itself at the crossroads of geopolitical tension, currency fluctuations, shifting demand patterns, and growing government interventions. The India Fertilisers Market size is estimated at $45.89 billion in 2025, and is expected to reach $62.83…
Iran airspace closure: India’s airlines look to reroute, make technical stops in Gulf region
Aircraft parked at Chhatrapati Shivaji Maharaj International Airport in Mumbai as Israel has closed its airspace amid escalating tensions with Iran | Photo Credit: ANI Indian airlines are actively looking at creating new technical stops in the Gulf region —…
Garuda Aerospace unveils new agri-drones indigenisation facility in Chennai
Drone maker Garuda Aerospace on Thursday unveiled its new agri-drone indigenisation facility in Chennai Kamlesh Paswan, Union Minister of State for Rural Development, inaugurated the facility and also launched 300 Centres of Excellence (CoE) and flagged off Garuda Aerospace’s DGCA approved Train the Trainer…
India in touch with China on lifting export controls on rare earth products: MEA
Donald Trump and Chinese President Xi Jinping are trying to close a trade deal that may include Beijing’s commitment to supply rare earth and related products to the US | Photo Credit: REUTERS India is discussing with China its export…
US-loaded ethane vessel heads to India after China export curbs
The final buyer of the cargo is Reliance Industries, Kpler data showed, citing the vessel’s bill of lading An ethane tanker that loaded in the United States headed to India on Wednesday, ship tracking data showed, after Washington required US…
Basmati export prices at 17-year low, higher volumes cushion the blow
Basmati rice exporters have sustained earnings this marketing year (starting October 2024) on the back of higher export volumes, despite a sharp fall in contracted rates and the absence of a minimum export price (MEP). Trade sources indicate that May’s…
Indian Oil, BPCL and HPCL plan tanker order for domestic use in move to boost shipbuilding industry
Indian Oil is expected to own six of the 10 vessels, while BPCL and HPCL will each own two | Photo Credit: Dado Ruvic India’s state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country…
India-US early trade deal still distant after 7 days of talks
The first tranche of the BTA is to be delivered by Fall of 2025 | Photo Credit: egromov Trade officials from the US and India were unable to close negotiations for an early trade deal after seven days of talks…
18 crew members rescued from MV Wan Hai 503 reach Mangaluru
All 18 rescued crew members from the fire-struck Singapore-flagged container ship MV Wan Hai 503 safely reached New Mangalore Port in Mangaluru late Monday night. Of them, two were critically injured while four others had minor injuries. Arrangements were…
How is climate change melting away travel and hospitality business in ‘eco- sensitive’ areas
The skies darken heralding rain. But what was once a bustling monsoon tourism season feels like a fading memory for Nithesh, the manager of Travelicious, a restaurant near Edakkal Caves in Wayanad. The place now gets only a handful of local…
World’s largest container ship MSC IRINA arrives at Vizhinjam International Seaport
MSC Irina docks at Vizhinjam Port on Monday. | Photo Credit: PTI The world’s largest container ship, MSC IRINA, on Monday arrived at the Vizhinjam International Seaport in Thiruvananthapuram, Kerala. The berthing process for the vessel has begun at the…
World’s largest container ship to dock at Vizhinjam Port on Monday
MSC IRINA, world’s largest container ship The newly inaugurated Vizhinjam International Seaport is set to see the world’s largest container ship, “MSC IRINA,” docking in on Monday, a statement by the Adani group said. The vessel, recognised as the world’s…
Tata Steel continues to be world’s second-largest producer of steel
The Tata Steel Group continued to be the tenth largest producer of crude steel in the world, while JSW Steel Limited and SAIL were among the top 20 producers in 2024, data from the World Steel Organisation (worldsteel) showed. However,…
India central to key supply chains; must be part of G7 discussions: Canadian PM Carney
Canadian Prime Minister Mark Carney | Photo Credit: DAVID KAWAI India is the fifth largest economy in the world and it is central to a number of critical global supply chains, Canadian Prime Minister Mark Carney has said, arguing that…
India, Central Asian countries express interest in joint rare earths exploration
India and five Central Asian countries have expressed interest in joint exploration of rare earths and critical minerals, they said in a joint statement on Friday after the fourth meeting of the India-Central Asia Dialogue, held in New Delhi. The…
Auto industry cheers RBI rate cut amid rare earth magnet crisis
Car panels are welded using robotic machines at the manufacturing plant of Maruti Suzuki in Manesar | Photo Credit: ANUSHREE FADNAVIS The automotive sector received a significant boost on Friday with the Reserve Bank of India’s (RBI) 50-basis-point repo rate…
India’s crude oil imports in May underscores price-sensitive, flexible sourcing strategy
Russia’s position as India’s top supplier reflects continued reliance on discounted barrels and its ability to deliver across geographies. India’s crude oil imports in the last few months, particularly May, reflect the world’s third-largest importer navigating geopolitical disruptions led by…
CUMTA holds first executive committee meeting, discusses mobility plan for Chennai
Tamil Nadu Chief Secretary N Muruganandam Chennai Unified Metropolitan Authority (CUMTA), the nodal agency that brings together all agencies in the area of urban transport to ensure seamless urban mobility in Chennai, recently held its first executive committee meeting under…
M B Patil inaugurates Thales’ new In-Flight Entertainment & Services Lab in Bengaluru
Karnataka Minister for Large and Medium Industries & Infrastructure Development M B Patil has inaugurated a new In-Flight Entertainment & Services Lab at French aerospace and defence corporation Thales’ Engineering Competence Centre in Bengaluru. The newly inaugurated lab will serve…
Lowering edible oil duty may be a big setback for oilseeds mission
Soybean oil and Soybean on wooden table. | Photo Credit: inewsistock There is a fear that the oilseeds acreage may fall during the current kharif season, potentially reducing the output after the government reduced the import duty on crude edible…
ICRISAT launches Centre for Excellence for Global South in agriculture in India
Global agri research agency ICRISAT in partnership with think-tank RIS, has decided to launch a new centre of excellence aimed at strengthening agricultural cooperation among Global South countries. ICRISAT on Tuesday also signed a memorandum of understanding (MoU) with DAKSHIN,…
Zuari’s UP mill bucks sugar industry trend, registers 10-fold rise in profit
Diversified business conglomerate Zuari Industries, which has its lone sugar mill in Uttar Pradesh, has helped the company to buck the general trend in the sugar sector in the state with the highest-ever sugarcane crushing of 15.7 lakh tonnes (lt),…
India’s flagship EV policy to be a ‘non-starter’ for global giants
India is rolling out a new flagship electric vehicle policy that aims to lure global automakers into making cars locally. It knows Tesla Inc. may still not bite. The Narendra Modi-led government will soon start accepting applications under the EV…
DRDO to soon issue EOI for AMCA, HAL getting ready to bid through a consortium
Defence Research and Development Organisation’s (DRDO’s) Aeronautical Development Agency (ADA) is likely to issue an expression of interest in a few weeks to invite bids for selecting a production partner for 5.5 generation Advanced Medium Combat Aircraft (AMCA) as the…
Indian passengers paying higher fares because of capacity restrictions: Emirates President Tim Clark
Tim Clark, president of Emirates, poses for a photograph during the opening of a new cable car crossing above the River Thames, in London, U.K | Photo Credit: Simon Dawson Indian passengers unfortunately have to pay higher fares due to…