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SEBI also referred to a January order in which Parekh and two others were debarred for alleged front-running, with the regulator claiming that he relayed non-public, time-sensitive information from Singapore-based Rohit Salgaocar to frontrunners, enabling illicit profits The Securities and Exchange Board of India (SEBI) has objected to former stockbroker Ketan Parekh's request to travel overseas for four months, warning that he has previously used such permissions as a cover for fraudulent mark ...Read More >
Mumbai: A special court on Tuesday rejected former stockbroker Ketan Parekh's plea to travel abroad, his sixth such request. The Securities and Exchange Board of India (SEBI) opposed his plea, alleging it was driven by a "calculated intent" to minimise his and his entities' digital footprints and a "sinister motive" to avoid court proceedings. SEBI said the case was at the stage of recording of evidence.Anubha Rastogi, special public prosecutor for SEBI, who tendered its reply, was present in co ...Read More >
Mumbai, Sep 30 (PTI) A special SEBI court in Mumbai on Tuesday rejected a plea by former stockbroker Ketan Parekh, a key accused in a securities scam dating back more than two decades ago, seeking permission to travel abroad. Parekh is facing criminal charges for his alleged role in the 2000-2001 scam that resulted in him being debarred from the stock market for 14 years. A detailed court order was not immediately available. Market regulator Securities and Exchange Board of India (SEBI), the ...Read More >
NEW DELHI, Sept 30 (Reuters) - India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, opens new tab, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs ...Read More >
NEW DELHI (Reuters) -India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs on 92.2% of tariff lines ...Read More >
New Delhi: The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of $100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway and Switzerland. It was signed March 10, 2024. Domestic cust ...Read More >
New Delhi, Sep 30 (PTI) The free trade agreement between India and the four-nation European bloc EFTA will come into force from Wednesday under which New Delhi has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, ...Read More >
New Delhi [India], September 30: Essential oils are powerful extracts made from plants using processes like steam distillation or cold pressing. They are valued not only for their soothing fragrances but also for their natural healing and functional properties. The global essential oils market was worth USD 23.74 billion in 2023 and is expected to grow steadily at a 7.6 CAGR between 2024 and 2030. This growth is driven by the rising use of essential oils in industries like food and beverages, c ...Read More >
New Delhi [India], September 30: Essential oils are powerful extracts made from plants using processes like steam distillation or cold pressing. They are valued not only for their soothing fragrances but also for their natural healing and functional properties. The global essential oils market was worth USD 23.74 billion in 2023 and is expected to grow steadily at a 7.6% CAGR between 2024 and 2030. Also Read | 'Swami' Chaitanyanand Saraswati's 2 Women Associates Arrested in Delhi Management Ins ...Read More >
New Delhi, Sept 30: Former UK prime minister Sir Tony Blair has been named as the first member of a new international "Board of Peace," which will temporarily oversee Gaza under a US-backed plan to end the two-year conflict between Israel and Hamas. US President Donald Trump, who will chair the body, said Blair had agreed to join and that "leaders from other countries" would be announced soon. The board is part of a 20-point peace proposal that calls for an immediate halt to hostilities, the re ...Read More >
EU calls on India to move faster on free trade deal after lack of progress in 13th round The latest round of trade negotiations between India and the European Union (EU) was a 'missed opportunity' to break new ground, EU envoy Herve Delphin said on Monday, according to PTI. Both sides met in New Delhi between September 9 and 12 for the 13th round of discussions on the proposed free trade agreement (FTA). But progress was limited, with differences persisting on sensitive issues such as automobi ...Read More >
India's rice exports for marketing year 2025-26 (October-September) are set to rise to 22-23 million metric tons, up 10%-15% year over year with the ambitious expectations to close exports at 30 million mt, up 50% year over year, against the backdrop of a bumper crop with estimated production at 145 mil mt, up 7% up year over year, Prem Garg, National president of Indian Rice Exporters Federation and chairman of the Shri Lal Mahal Group, told Platts. Meanwhile, as per IREF estimates, surplus st ...Read More >
Sept 29 (Reuters) - Tata Steel (TISC.NS), opens new tab has signed a non-binding pact with the government of Netherlands to transition to low-carbon emission steel production at its IJmuiden plant, the Indian steelmaker said on Monday. The plant is among the largest polluters in the country and Tata has been in talks with the Dutch government for months over subsidies to help it clean up production processes. The government intends to provide up to 2 billion euros ($2.35 billion) under the pac ...Read More >
New Delhi [India], September 29 (ANI): The third edition of the Uttar Pradesh International Trade Show 2025 concluded successfully at India Expo Centre in Noida, setting new records in participation and business engagement, said Rakesh Kumar, Chairman of India Expo Centre & Mart, on Monday. "This edition set a record with 2,250 exhibitors from Uttar Pradesh showcasing products across large, medium, small sectors, and ODOP CM youth categories," Kumar told ANI at the sidelines of the event. He sa ...Read More >
Greater Noida (Uttar Pradesh) [India], September 29 (ANI): Commerce and Industry Minister Piyush Goyal has said Uttar Pradesh is becoming a global centre for investment, innovation, and exports. Also Read | Canada Government Declares Bishnoi Gang Led by Gangster Lawrence Bishnoi As Terrorist Organisation. Speaking at the third UP International Trade Show, he said the event is a strong platform for Uttar Pradesh's self-reliance and prosperity. He also said India is holding negotiations for Fre ...Read More >
India's Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) countries -- Switzerland, Liechtenstein, Norway and Iceland -- will officially come into effect from 1 October 2025, Union Minister of Commerce and Industry Piyush Goyal announced on Monday. Speaking at the valedictory session of the UP International Trade Show, Goyal said the deal, which was finalised in March 2024, marks another major step in India's global trade strategy. "Free Trade Agreement (FTA) with the ...Read More >
Greater Noida (Uttar Pradesh) [India], September 29 (ANI): Commerce and Industry Minister Piyush Goyal has said Uttar Pradesh is becoming a global centre for investment, innovation, and exports. Speaking at the third UP International Trade Show, he said the event is a strong platform for Uttar Pradesh's self-reliance and prosperity. He also said India is holding negotiations for Free Trade Agreements (FTA) with several countries of the world, and the country is on the way to becoming the third ...Read More >
Mumbai: Alleging it was driven by a "calculated intent" to minimise his and his entities' digital footprints, and a "sinister motive" to avoid court proceedings, the Securities and Exchange Board of India (Sebi) opposed former stockbroker Ketan Parekh's plea to travel abroad, his sixth such request. The trial court, before which Sebi submitted its reply to Parekh's application, is likely to decide the matter on Tuesday.The Sebi case against Parekh is for alleged offences related to securities ma ...Read More >
India's Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) countries -- Switzerland, Liechtenstein, Norway and Iceland -- will officially come into effect from 1 October 2025, Union Minister of Commerce and Industry Piyush Goyal announced on Monday. Speaking at the valedictory session of the UP International Trade Show, Goyal said the deal, which was finalised in March 2024, marks another major step in India's global trade strategy. "Free Trade Agreement (FTA) with the ...Read More >
New Delhi: India is negotiating free trade agreements (FTAs) with a number of countries including the US, New Zealand, Oman, Peru, Chile, and the European Union, Commerce and Industry Minister Piyush Goyal said on Monday. He said that Qatar and Bahrain too are keen to negotiate trade pacts with India. In August, India and the Eurasian Economic Union (EAEU) comprising Armenia, Belarus, Kazakhstan, Kyrgyz Republic and Russia signed Terms of Reference (ToR) to launch negotiations on an FTA, he sai ...Read More >
New Delhi [India], September 29 (ANI): Union Minister of Commerce & Industry, Piyush Goyal, said the UP International Trade Show has provided a vital platform for MSMEs, women entrepreneurs, swadeshi products, and export-oriented units. Calling the event a true amalgamation of "vocal for local" and "local goes global," he urged all stakeholders to commit to using swadeshi products and ensure that GST benefits flow directly to consumers, thereby promoting inclusive growth for all, as per a gover ...Read More >
New Delhi, Sep 29: India is in discussions with the US, the EU, New Zealand, Oman, Peru and Chile for free trade agreements (FTAs), while Qatar and Bahrain have also expressed interest, Commerce Minister Piyush Goyal said on Monday. India Already Has FTAs with UAE, Australia, UK The FTA with the EFTA countries (Iceland, Liechtenstein, Norway, and Switzerland), which was finalised in March 2024, will come into effect from October 1, Goyal added. The minister informed that the developed nations ...Read More >
India is negotiating free trade agreements (FTAs) with a number of countries including the U.S., New Zealand, Oman, Peru, Chile, and the European Union, Commerce and Industry Minister Piyush Goyal said on Monday (September 29, 2025). He said that Qatar and Bahrain too are keen to negotiate trade pacts with India. In August, India and the Eurasian Economic Union (EAEU) comprising Armenia, Belarus, Kazakhstan, Kyrgyz Republic and Russia signed Terms of Reference (ToR) to launch negotiations on a ...Read More >
New Delhi, Sep 29 (PTI) The Ministry of Road Transport and Highways has proposed making acoustic vehicle alerting system (AVAS) mandatory for all electric cars, buses and trucks with effect October 1, 2027, keeping road safety in mind. The ministry in a draft notification said that all new models of electric passenger and goods vehicles manufactured after October 2026 must be equipped with AVAS, a safety feature in EVs to emit an artificial sound to alert pedestrians and other road users about ...Read More >
U.S. Presses India: Cut Russian Oil Imports or Watch Trade Deal Slip Away Washington is making it clear to New Delhi: any path forward on a U.S.-India trade deal runs through Russia's oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America's punitive tariffs and unlocking a deal, sources told Reuters on Friday. India is pushing back. Commerce Minister Piyush Goyal called the negotiations "constructive, ...Read More >
New Delhi: In a major development, Mukesh Ambani's Reliance Industries Limited and Mark Zuckerberg's Meta have received approval from the European Union for their partnership. According to the reports, the new venture will involve an investment of approximately Rs 855 crore, equivalent to 100 million US dollars. As per the agreement, Reliance will hold a 70 percent stake in the new entity, while Meta will hold 30 percent. It is important to note that the Reliance Boss announced this partnership ...Read More >
Indian officials have again told the Trump administration that a significant reduction in Russian oil imports by the South Asian nation's refiners would require Washington to instead allow crude purchases from sanctioned suppliers Iran and Venezuela. A delegation visiting the US this week reiterated the request in meetings with American officials, a person with knowledge of the discussions said, asking not to be identified as the talks are private. Indian representatives have emphasized that si ...Read More >
Washington is making it clear to New Delhi: any path forward on a U.S.-India trade deal runs through Russia's oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America's punitive tariffs and unlocking a deal, sources told Reuters on Friday. India is pushing back. Commerce Minister Piyush Goyal called the negotiations "constructive," but New Delhi is making room for strategic wiggle; officials have floated ...Read More >
(Reuters) -U.S. trade negotiators have told their Indian counterparts that curbing purchases of Russian oil is crucial to reducing India's tariff rate and sealing a trade deal, two people familiar with the talks told Reuters. While trade negotiations are on a positive track, a U.S. official said, more work is needed to ensure India addresses U.S. concerns over market access, the trade deficit and purchases of Russian oil. U.S. President Donald Trump has sought to pressure India, the European U ...Read More >
Sept 26 (Reuters) - U.S. trade negotiators have told their Indian counterparts that curbing purchases of Russian oil is crucial to reducing India's tariff rate and sealing a trade deal, two people familiar with the talks told Reuters. While trade negotiations are on a positive track, a U.S. official said, more work is needed to ensure India addresses U.S. concerns over market access, the trade deficit and purchases of Russian oil. U.S. President Donald Trump has sought to pressure India, the E ...Read More >
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