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The reciprocal tariff does pose challenges, but the overlooked transshipment clause alters the competitive landscape, blunting some of the damage and might even create opportunities in some areas The ongoing trade conflict between the United States and India has escalated with Washington's decision to levy a 25 per cent reciprocal tariff on Indian exports effective August 7, followed by an additional 25 per cent tariff linked to India's purchases of Russian oil, effective August 27. The tariffs ...Read More >
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
New Delhi: Starting August 27, Indian exporters face a tough blow as the US slaps steep 50 percent tariffs on close to $60.2 billion worth of goods, covering two-thirds of India's approximately 86.5 billion exports to America. According to a report of the Global Trade Research Initiative (GTRI) labour-intensive industries like textiles, gems and seafood are bracing for up to a 70 percent collapse in shipments, threatening jobs and livelihoods. The report also suggests that some relief remains, ...Read More >
New Delhi, August 26: The Federation of Indian Export Organisations (FIEO) on Thursday expressed grave concern over the US government's imposition of an additional 25 per cent tariff on Indian-origin goods, raising total duties on many export categories up to 50 per cent, with effect from Friday. FIEO President S.C. Ralhan described the development as a "setback". He said that the duty hike can severely impact India's exports to the US, with approximately 55 per cent of India's US-bound shipment ...Read More >
NEW DELHI: Army chief General Upendra Dwivedi is now headed for Algeria to boost the bilateral defence engagement with the country, as part of the ongoing overall outreach to Africa where China has made deep strategic inroads.General Dwivedi's visit from Aug 25-28 aims at reinforcing defence and security engagement between India and Algeria, with a focus on bolstering army-to-army cooperation, sharing perspectives on regional and global security challenges, and exploring avenues for defence indu ...Read More >
New Delhi, Aug 22 (UNI) General Upendra Dwivedi, Chief of Army Staff (COAS), is scheduled to visit Algeria in the coming week, marking his first international tour following the successful completion of Operation Sindoor. The visit highlights Indian Army's growing role in strengthening India's strategic engagements abroad, the Indian Army said . General Dwivedi's visit also follows the recent tours of President of India and the Chief of Defence Staff to Algiers, which laid the foundation for d ...Read More >
Mahesh Babu's NGO, Mahesh Babu Foundation, provides financial assistance to families with newborn babies with heart ailments, helps poor children afford education, and adopts and develops villages into smart villages. The Union Ministry of Home Affairs has granted registration to Telugu actor Mahesh Babu's NGO, Mahesh Babu Foundation, under the Foreign Contribution Regulation Act (FCRA), 2010, to receive donations from foreign countries. An MHA official said earlier this month that they have g ...Read More >
New Delhi, Aug 21 (PTI) India is neither the biggest purchaser of Russian oil nor it has the biggest trade surge with Moscow after 2022, External Affairs Minister S Jaishankar said on Thursday, in what appears to be the first clear response by a top government functionary following the US slapping an additional 25 per cent tariff on Indian goods for buying Russian oil. Jaishankar made the remarks in response to a question at a joint media briefing with Russian Foreign Minister Sergey Lavrov. " ...Read More >
New Delhi [India], August 21 (ANI): The Export-Import Bank of India (India Exim Bank) and ECOWAS Bank for Investment and Development (EBID) have signed a commercial credit line agreement of USD 40 million. The agreement will create new opportunities for Indian businesses to access the African markets, strengthening bilateral economic ties. India Exim Bank has consistently fostered enduring trade and investment partnerships that connect Indian capabilities with the developmental priorities of A ...Read More >
New Delhi [India], August 14: In the wake of Operation Sindoor resounding success, which dismantled terror infrastructure across the border, employees of Jindal Steel have come together in a heartfelt act of patriotism. By contributing one day salary each, they have collectively raised ₹2 crore for the Armed Forces Battle Casualties Welfare Fund to support the welfare of soldiers and their families impacted in the line of duty. The cheque, representing this united employee contribution, was for ...Read More >
The rain also affected traffic on key roads -- DND flyway, Ashram, Delhi-Meerut Expressway, Mathura Road, Outer Ring Road in Subroto Park, and Rao Tula Ram Marg -- owing to waterlogging. A 50-year-old man was killed and his daughter injured after a huge tree fell on their motorcycle in Southeast Delhi's Kalkaji during heavy rain on Thursday morning, police said. The incident took place at 9.50 am. "An old roadside Neem tree suddenly fell in front of the HDFC Bank near Paras Chowk in Kalkaji. A ...Read More >
Srinagar, Aug 14: Saifco Cements Pvt. Ltd, a subsidiary of JK Cement Ltd - one of the leading cement companies of India, today announced the launch of JK Super Cement brand in Kashmir, marking a significant milestone in the journey ahead. This move signals the operational rollout of JK Cement's recent acquisition in the region and aligns with its broader ambition to support infrastructure and economic growth in Jammu & Kashmir. JK Super Cement, the company's flagship grey cement brand known for ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many cl ...Read More >
New Delhi, Aug 14 (PTI) Governments negotiating the first-ever global treaty to curb plastic pollution were handed a new draft that leaves out binding limits on plastic production, a gap that has put the talks on edge and drawn sharp criticism from campaigners. The text, released during the fifth round of negotiations on plastics treaty (INC-5.2) in Geneva on Tuesday, is part of efforts launched in 2022 to address what the UN calls a "plastic pollution crisis" that threatens oceans, wildlife, h ...Read More >
Vishal Sikka's early bet on global capability centers (GCCs) is now a reality as more companies insource tech operations in India. This shift challenges Indian IT giants, facing talent and business losses. While offering GCC-as-a-service, they navigate AI challenges and potential tariff risks under a possible Trump administration, impacting both IT firms and GCCs. Some Bengaluru-based doyens may disagree, but as recent events would suggest, Vishal Sikka was probably the most prescient of recent ...Read More >
Indian and Nigerian defense leaders discussed enhancing bilateral defense cooperation, focusing on military engagements, counter-terrorism training, and maritime collaboration. India's defense industry readiness and joint research opportunities were highlighted. This marks a continuation of the warm relations rooted in a decades-long partnership between the two nations. In a strategic move to enhance their defense relationship, Indian Minister of State for Defence Sanjay Seth met with his Niger ...Read More >
New Delhi: A parliamentary committee has expressed serious concern over China's expanding naval presence and strategic infrastructure in the Indian Ocean Region (IOR). The committee on external affairs, headed by Congress leader Shashi Tharoor, was of the view that the expanding Chinese presence in the IOR highlighted the risks it poses to India's national security and regional influence. The panel called for strengthening the maritime strategy to counter the Chinese expansion and Influence in ...Read More >
New Delhi, Aug 12 (PTI) Sterlite Electric Ltd on Tuesday said it has secured orders worth Rs 1,500 crore in the April-June quarter of this financial year, mainly driven by green energy projects and exports. This strong start to the fiscal year reflects sustained demand for the company's advanced conductors, power cables, and Optical Ground Wire (OPGW) products across both domestic and international markets, a company statement said. According to the statement, Sterlite Electric Ltd (formerly k ...Read More >
Chennai, August 4: Vietnamese Electric Vehicle (EV) major VinFast on Monday officially inaugurated its assembly plant at Thoothukudi in Tamil Nadu, kicking off the move that will see a phased investment of up to Rs 16,000 crore. In its initial phase, the plant has a capacity to assemble 50,000 SUVs of its two premium electric SUV models -- the VF 6 and VF 7. The plant is scalable up to 150,000 units annually to meet the rising demand as the company aims to develop Thoothukudi as an export hub. ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47- ...Read More >
Thoothukudi, India. Vietnam's Vinfast on Monday began production at a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to the regi ...Read More >
Tura (Meghalaya), Aug 4 (PTI) An official of the Meghalaya Agriculture Department was swept away by strong currents of the Ganol River in West Garo Hills district while attempting to cross the water body during a family picnic, police said on Monday. The missing official, identified as Teseng M Sangma, was posted at Ampati in South West Garo Hills district and resided in staff quarters near Dolampong in Araimile police station area in Tura. Teseng had gone to Sella Wari near Ganol River for a ...Read More >
THOOTHUKUDI, India (AP) -- Vietnam's Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India's Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports t ...Read More >
A total of 1,703 Indian nationals -- including 141 women -- have been deported from the United States between January 20 and July 22, 2025, the government informed Parliament on Friday. The majority of these deportees hail from Punjab (620) and Haryana (604), followed by Gujarat (245), Jammu & Kashmir (10), and six individuals with unverified state origins. Responding to a question by DMK MP Kanimozhi in the Lok Sabha, Minister of State for External Affairs Kirti Vardhan Singh said the governme ...Read More >
THOOTHUKUDI, India (AP) - Vietnam´s Vinfast is due to break ground Monday on a $500 million electric vehicle plant in southern India´s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India's most industrialized states, Vinfast hopes it will be a hub for future exports to ...Read More >
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More >
India's semiconductor market is projected to more than double, reaching $100-110 billion by 2030, up from $45-50 billion in 2024-25. A government statement highlighted the urgency to build secure, diversified chip supply chains amid global reliance on Taiwan. India aims to become a trusted global hub, backed by ₹76,000 crore in incentives and over ₹1.55 lakh crore in industry investments. India's semiconductor market is expected to more than double to grow in the range of USD 100-110 billion ...Read More >
New Delhi [India], August 2 (ANI): India has launched the first phase of four projects in nine partner countries for achieving the Sustainable Development Goals (SDGs) under the aegis of the India-UN Global Capacity Building Initiative. The details were shared by the Ministry of External Affairs on Friday. Also Read | Tragedy at Cleethorpes: UK Teen Dies After Swimming on Full Stomach of Pizza and Chips, Coroner Warns of Hidden Dangers of Swimming Too Soon After Eating. As per the MEA, the pr ...Read More >
New Delhi [India], August 2 (ANI): India has launched the first phase of four projects in nine partner countries for achieving the Sustainable Development Goals (SDGs) under the aegis of the India-UN Global Capacity Building Initiative. The details were shared by the Ministry of External Affairs on Friday. As per the MEA, the projects will focus on key areas including food security, health, vocational training, and census preparedness. In a post on social media platform X, MEA stated, 'Foster ...Read More >
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