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New Delhi (ABC Live): Donald Trump's tariff-first trade posture is back at the centre of global commerce. However, India's late-2025 export numbers show a different story: New Delhi is not merely "absorbing" tariff pressure. Instead, it is hedging by upgrading its export mix, expanding non-US markets, and using services strength as a shock absorber. Most importantly, India has also benefited from trade re-routing. Even China -- often viewed only through the deficit lens -- appears in official d ...Read More >
Tata Steel shares: The company announced plans to boost domestic capacity by nearly 50%, including a 4.8-million-tonne addition, aimed at strengthening market leadership and securing long-term raw material supplies. Tata Steel shares are expected to be in focus on Monday, December 15, following the company's recent announcements related to large-scale capacity expansion in India and efforts to secure long-term raw material supplies. The steelmaker is planning to increase its domestic production ...Read More >
The government has sought Parliament's approval for Rs 18,525 crore towards fertiliser and related subsidies in the first batch of Supplementary Demands for Grants for FY26 The Union government on December 15 assured that there would be no fertiliser shortage during the ongoing rabi season, with Union Finance Minister Nirmala Sitharaman saying urea stocks were sharply increased within a month through calibrated imports and close monitoring of supplies across states. Replying in the Lok Sabha d ...Read More >
NEW DELHI: India's exports grew at their fastest pace in over three years, rising 19.4% to $38.1 billion in Nov on the back of a jump in shipments to the US and China. With imports falling 2% to $62.7 billion, the trade deficit narrowed to $24.6 billion, the lowest level since June.India's exports to the US are estimated to have increased 22.6% to $7 billion in Nov despite the impact of 50% additional tariffs, while the value of consignments going to China rose 90% to $2.2 billion. In fact, in N ...Read More >
Vijayawada, Dec 15 (UNI) Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh on Monday met union Minister for Electronics and Information Technology and Railways, Ashwini Vaishnaw, at Parliament in New Delhi, following his recent visit to the United States. Minister Lokesh sought the Centre's support for rolling out an AI-powered Skill Census across Andhra Pradesh. He explained the pilot project conducted in Mangalagiri and highlighted the introduction of an AI-based intervie ...Read More >
New Delhi, Dec 15 (SocialNews.XYZ) While the global growth is 3.2 per cent, India is growing at 8.2 per cent, becoming the fastest growing major economy and every global institution is raising their growth outlook for the country in current fiscal (FY26), Finance Minister Nirmala Sitharaman told Parliament on Monday. Stressing that no "dead economy gets a credit rating upgrade," she further stated that India got rating upgrades from three major global agencies -- Morningstar DBRS, S&P and R&I. ...Read More >
Lucknow, Dec 15 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday met Tata Sons Chairman N Chandrasekaran to review the progress of Tata Group's existing projects in the state, and discussed their expansion and new investment proposals. According to an official statement, the meeting saw wide-ranging deliberations on long-term cooperation in sectors such as artificial intelligence (AI), information technology, electronics, defence manufacturing, energy, renewable energy, electric veh ...Read More >
New Delhi [India], December 15 (ANI): Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, was in New Delhi on Monday following a highly successful visit to the United States, where he held a series of high-level meetings with global technology leaders, including Google CEO Sundar Pichai, NVIDIA, Adobe and several other leading American technology companies. During his engagements in the US, Minister Lokesh showcased Andhra Pradesh as a fast-emerging hub for technology, innov ...Read More >
New Delhi [India], December 15 (ANI): Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, was in New Delhi on Monday following a highly successful visit to the United States, where he held a series of high-level meetings with global technology leaders, including Google CEO Sundar Pichai, NVIDIA, Adobe and several other leading American technology companies. During his engagements in the US, Minister Lokesh showcased Andhra Pradesh as a fast-emerging hub for technology, innov ...Read More >
New Delhi, Dec 15 (PTI) Andhra Pradesh Minister for Education and IT Nara Lokesh met three Union Ministers on Monday, seeking support for education reforms, skill development and technology expansion in the state. In his meeting with Union Education Minister Dharmendra Pradhan, Lokesh highlighted the state's Guaranteed Foundational Literacy and Numeracy programme, the clicker-based Interactive Classroom Response System in government schools, and the first government-managed Central Smart Kitche ...Read More >
Speaking at the CII Smart Manufacturing Summit in New Delhi, Huddar said, "The vision of Viksit Bharat targets manufacturing contributing 25 percent of GDP by 2047, but under current trajectories India would fall short by about USD 5.1 trillion." New Delhi: India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning t ...Read More >
Mumbai: The State Election Commission (SEC) of Maharashtra on Monday announced the long-awaited election schedule for 29 municipal corporations across the state, including the high-profile Brihanmumbai Municipal Corporation (BMC) as well as Thane and Navi Mumbai. Polling for all 29 civic bodies will be held on January 15, 2026, followed by the counting of votes on January 16, State Election Commissioner Dinesh Waghmare said while addressing a press conference in Mumbai. With the announcement of ...Read More >
BENGALURU: While 3 accused are conspirators, four accused in vote fraud case related to Aland Assembly seat of Kalaburagi had thorough understanding of the how to manipulate things to get selected names removed from the voter list using portals maintained by Election Commission of India (ECI) and eventually succeeded in getting omission of as many as 5,994 names from the voter list out of submitted 6018 applications, says charge sheet filed by sleuths of Special Investigation Team (SIT) constitu ...Read More >
Merchandise exports for November 2025 stood at USD 38.13 billion, while imports were estimated at USD 62.66 billion. New Delhi: India's merchandise trade deficit registered a sharp decline to USD 24.53 billion in November from USD 41.68 billion in October despite the uncertainties in the global market triggered by the US tariff turmoil, data released by the Commerce Ministry on Monday showed. Merchandise exports for November 2025 stood at USD 38.13 billion, while imports were estimated at USD ...Read More >
New Delhi, Dec 15 (PTI) After recording about threefold surge in the inbound shipments in October, the country's gold imports dipped about 60 per cent to USD 4 billion in November, according to commerce ministry data. Gold imports stood at USD 9.8 billion in November 2024. Cumulatively, imports during April-November this fiscal year rose 3.3 per cent to USD 45.26 billion from USD 43.8 billion a year ago. The country's gold imports surged about threefold year-on-year to hit a record high of US ...Read More >
New Delhi, Dec 15 (PTI) India's exports rebounded by 19.37 per cent to USD 38.13 billion in November after contracting in October, driven by higher shipments of engineering and electronics goods that helped bring down the trade deficit to a five-month low of USD 24.53 billion. According to government data released on Monday, the country's imports dipped by 1.88 per cent to USD 62.66 billion due to a fall in the inbound shipments of gold, crude oil, coal, and coke during the month under review. ...Read More >
* Assam Police arrested retired IAF officer Kulendra Sarma for alleged Pakistani espionage links * Sarma was under surveillance and suspected of sharing sensitive info with Pakistani agents * Suspicious materials found on Sarma's phone and laptop, some data possibly deleted Did our AI summary help? Let us know. Switch To Beeps Mode Assam Police arrested a retired Indian Air Force (IAF) officer on charges of alleged links with a Pakistani espionage network on Friday night. The accused has ...Read More >
New Delhi [India], December 15 (ANI): The recent depreciation of the Indian rupee has reignited debate on whether a weaker currency genuinely enhances India's export competitiveness. A new report by Systematix Research says that currency depreciation delivers uneven outcomes across sectors and, in many cases, worsens the trade balance rather than improving it According to the report, sectors such as electronics, chemicals, machinery and petroleum products do see an apparent export benefit from ...Read More >
Mobile phone OEMs (Original Equipment Manufacturers) are keeping an eagle eye on Corning's investments and plans for India, attentive to all that is happening in the region with the changes in trade policy across the globe, Andrew Beck, vice president and general manager of the firm's Gorilla Glass division said. Mobile phone OEMs (Original Equipment Manufacturers) are keeping an eagle eye on Corning's investments and plans for India, attentive to all that is happening in the region with the ch ...Read More >
The Semi-Conductor Laboratory (SCL) in Mohali has identified Tata Semiconductor Manufacturing, Cyient Semiconductors and Applied Materials as the lowest bidders for the three key packages in the project to enhance the state-run chipmaker's wafer fabrication plant, people in the know told ET. The government hopes the Rs 4,500 crore modernisation work at the facility will make SCL a major player in India's semiconductor ecosystem. Electronics and information technology minister Ashwini Vaishnaw s ...Read More >
NEW DELHI (AP) -- Russian President Vladimir Putin held talks with Indian Prime Minister Narendra Modi on Friday at an annual summit and agreed to diversify mutual economic ties, as the United States presses India to revise its decades-old partnership with Russia. The 23rd Russia-India Summit comes at a pivotal moment as the U.S. pushes for a Ukraine peace deal while seeking global cooperation. It will test New Delhi's efforts to balance relations with Moscow and Washington as the nearly four-y ...Read More >
NEW DELHI (AP) -- Russian President Vladimir Putin held talks with Indian Prime Minister Narendra Modi on Friday at an annual summit and agreed to diversify mutual economic ties, as the United States presses India to revise its decades-old partnership with Russia. The 23rd Russia-India Summit comes at a pivotal moment as the U.S. pushes for a Ukraine peace deal while seeking global cooperation. It will test New Delhi's efforts to balance relations with Moscow and Washington as the nearly four-y ...Read More >
New Delhi, Dec 5 (UNI) India has emerged as a major global hub for electronics manufacturing, recording a sixfold jump in overall production and an eightfold rise in exports over the past eleven years, said Jitin Prasada, union Minister of State for Electronics and Information Technology, in a response in the Rajya Sabha. Electronics production in India surged from Rs 1.9 lakh crore in 2014-15 to Rs 11.32 lakh crore in 2024-25. A significant contributor has been mobile phone manufacturing, whe ...Read More >
Around 300 shops were gutted after a major fire broke out early Saturday on Kolkata's Ezra Street. Fire officials said there were no casualties as residents living in adjoining buildings had been evacuated in time. "We had evacuated all the buildings. So no casualties," Indira Mukherjee, Deputy Commissioner of Police, Kolkata Central, told reporters, reported the Indian Express. Twenty fire engines have been deployed to control the blaze, which officials believe was triggered by a short circuit ...Read More >
Reliance Industries is establishing a 1 GW AI data center in Andhra Pradesh, a significant investment following Google's similar commitment. This modular facility, powered by a planned 6 GW solar project, will host advanced AI processors. The deal also includes plans for a greenfield integrated food park, bolstering the state's target of 6 GW data center capacity. Reliance Industries will establish a 1 GW AI data centre in Andhra Pradesh. This is the second big-ticket investment commitment from ...Read More >
New Delhi [India] November 14 (ANI): The Centre has begun a nationwide exploration campaign to identify critical mineral deposits to ramp up domestic supplies and stem dependency on imports, Union Mines Minister G Kishan Reddy told ANI today in an interview. He also mentioned that the government has brought all major exploration bodies together to begin work across the country. "All the organisations related to exploration have come together and we have started exploration across the entire cou ...Read More >
New Delhi [India] November 13 (ANI): The Union Cabinet's decision to amend royalty rates for key critical minerals may help attract more bidders in upcoming auctions, but the move will not deliver strategic gains unless India simultaneously builds domestic processing capacity, the Global Trade Research Initiative (GTRI) has cautioned. According to the think tank, the shift to a low 1-4 per cent ad-valorem royalty structure for minerals such as graphite, zirconium, rubidium and caesium is a welc ...Read More >
Arms and explosives were recovered during the raids in Faridabad near Delhi ShowQuick Read Summary is AI-generated, newsroom-reviewed * 2 doctors part of a terror module were in touch with handlers in Kashmir and awaiting target details: sources * The conspiracy originated in Pakistan with links to Jaish-e-Mohammad and Ansar Ghazwat-ul-Hind, police said * These doctors had treated terrorists and handlers told them that no one suspects healthcare workers: sources Did our AI summary help? L ...Read More >
Chennai: Syrma SGS is set to acquire a majority stake in defence and maritime electronics company Elcome Integrated Systems for Rs 235 crore. The acquisition will be through a mix of primary capital infusion and secondary share purchase. The remaining 40% stake will be acquired in multiple tranches over the next three years, linked to performance and earn-out milestones. Elcome operates in navigation, communication, surveillance, and platform automation systems for the Indian defence and maritim ...Read More >
In an e-mail sent to civil aviation minister Ram Mohan Naidu, secretary Samir Kumar Sinha and Airports Authority of India (AAI) chairman Vipin Kumar on Sunday, the Air Traffic Safety Electronics Personnel Association (ATSEPA-India) said the disruption was a result of "technology failure, not manpower shortage," pointing to the obsolete Aeronautical Message Switching System (AMSS) that "lacks redundancy and modern capability." "The recent operational disruptions at Delhi Airport have once again ...Read More >
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