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New Delhi: India and Australia on Wednesday signed an agreement to facilitate trade of organic products including wine and agri produce in each other's countries, the commerce ministry said on Wednesday. Under the mutual recognition arrangements (MRA), both will recognise each other's organic standards and certification systems. "The MRA...is expected to boost India's organic exports further by reducing barriers, ensuring certification equivalence, and supporting more organic products and prod ...Read More >
NEW DELHI (Reuters) -India rejected as "incorrect and baseless" remarks by NATO's chief that suggested Indian Prime Minister Narendra Modi was contacting Russian President Vladimir Putin over the impact of punitive U.S. tariffs on its purchases of Russian oil. India's foreign ministry called the remarks speculative and said on Friday there was no such conversation. NATO Secretary General Mark Rutte, in an interview with CNN, had spoken about U.S. President Donald Trump's doubling of tariffs on ...Read More >
NEW DELHI, Sept 26 (Reuters) - India rejected as "incorrect and baseless" remarks by NATO's chief that suggested Indian Prime Minister Narendra Modi was contacting Russian President Vladimir Putin over the impact of punitive U.S. tariffs on its purchases of Russian oil. India's foreign ministry called the remarks speculative and said on Friday there was no such conversation. NATO Secretary General Mark Rutte, in an interview with CNN, had spoken about U.S. President Donald Trump's doubling of ...Read More >
New Delhi, Sep 26 (PTI) US President Donald Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1 is unlikely to have an immediate impact on Indian exports, as it will affect only patented and branded products, not generic medicines, pharma industry players said on Friday. Indian Pharmaceutical Alliance (IPA), which represents 23 leading Indian pharmaceutical firms, including Dr Reddy's Laboratories, Sun Pharma, Lupin and Zydus Lifesciences, noted that Trump' ...Read More >
Panaji, Sep 26 (PTI) Former ambassador V S Seshadri has said unpredictability in tariff policies and unilateral measures by the United States coupled with China's "bid for economic supremacy and technological dominance" as well as widening geopolitical rifts have created turbulence in the global trading system. Delivering a lecture on 'International Trade Law: Challenges and Outlook' at the India International University of Legal Education and Research (IIULER) here on Thursday, he said these d ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH's price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors. According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH's latest descent below $4,000 can be blamed on a complex mix of factors. First, ...Read More >
Ukrainian President Zelenskyy expressed optimism about India's support for Ukraine in the conflict with Russia, despite ongoing concerns from the U.S. regarding India's energy trade with Moscow. While the U.S. considers tariffs to deter Russian oil purchases by India and China, Zelenskyy emphasized the importance of maintaining ties with New Delhi. Ukrainian President Volodymyr Zelenskyy on Tuesday (local time) said he believes India is "mostly" on Kyiv's side in the war with Russia, even as th ...Read More >
Despite trade disputes and concerns over Russian oil imports, the US and India navigate a period of diplomatic friction. High-level engagements, including Secretary Rubio's meeting with Minister Jaishankar and a positive phone call between Presidents Trump and Modi, highlight the relationship's importance. The US emphasizes a commitment to expanding cooperation, viewing India as a crucial partner. The United States and India are working through a period of diplomatic friction amid what appears ...Read More >
Ukrainian President Volodymyr Zelenskyy expressed cautious optimism in India's support for Ukraine in its ongoing conflict with Russia, stating that India is "mostly" aligned with Kyiv's position, while acknowledging New Delhi's position on energy-related complexities. IMAGE: Ukrainian President Volodymyr Zelenskyy with Prime Minister Narendra Modi. Photograph: @PMOIndia/X During an interview with Fox News, on the sidelines of the United Nations General Assembly in New York on Wednesday (local ...Read More >
New Delhi: Driven primarily by higher shipments of automobiles, auto components, industrial machinery, and some basic metals, India's engineering goods exports recorded 4.91% year-on-year growth in August 2025. Engineering exports in August 2025 were recorded at US$9.9 billion, as against US$9.4 billion in the same month last year. The US remained the top destination for engineering exports from India with shipments rising 7.2% year-on-year to US$1.68 billion in August this year. On a month-o ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) In a major relief for the pharma sector, the government has dismissed the mandatory rule for drug manufacturers to recall, or re-label medicines already released in the market before September 22, the Department of Pharmaceuticals said. This follows the latest revision in Goods and Services Tax (GST) rates early this month by the GST Council, which reduced the GST on medical devices to 5 per cent from 12 per cent. The National Pharmaceutical Pricing Authority ...Read More >
NEW DELHI, Sept 15 (Reuters) - Russian-backed Indian refiner Nayara Energy is seeking Indian government help to source equipment and materials needed for maintenance as European Union sanctions make it difficult to secure key items, three people familiar with the matter said. The private refiner has approached the Centre for High Technology, an advisory body under India's oil ministry, seeking assistance in sourcing specialised equipment, catalysts, and other raw materials, the sources said. N ...Read More >
The Noble Walker, a sanctioned vessel carrying Russian oil, has rerouted to India's Vadinar port after Adani Group banned blacklisted ships from Mundra port. Carrying about a million barrels of Russian crude for HMEL, the vessel was previously headed to Mundra. India has been tightening surveillance on Russian oil vessels after becoming a major buyer. Sanctioned ship Noble Walker carrying Russian oil has changed course to India's Vadinar port after the country's Adani Group banned entry of blac ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
SINGAPORE/NEW DELHI: Sanctioned tanker Spartan has discharged Russian crude oil at India's Mundra port despite a ban by the Adani Group on entry of blacklisted ships at the terminal, ship tracking data from LSEG and Kpler showed on Tuesday. The Suezmax tanker discharged 1 million barrels of Urals crude at Indian refiner HPCL-Mittal Energy Ltd's (HMEL) Mundra terminal, Kpler data showed. Spartan, formerly known as SCF Samatlor, has been blacklisted by the European Union and Britain for breachin ...Read More >
New Delhi: US President Donald Trump has demanded that NATO and EU member states impose tariffs of up to 100 percent on China and India. The goal, he said, is to pressure Russian President Vladimir Putin to end the war in Ukraine. Trump, who pledged to resolve the conflict "on day one" of his presidency, raised the proposal during a meeting with European Union officials last Tuesday. The measure is seen as a way to accelerate negotiations between Moscow and Kyiv. The Financial Times first repo ...Read More >
NEW DELHI: Andhra Pradesh chief minister N Chandrababu Naidu has sought a moratorium on loan and interest repayments for aqua sector companies, financial support for exporters, a Rs 100-crore corpus fund, and cold storage facilities to help the sector cushion the blow from the steep rise in US tariffs on Indian imports. Highlighting the loss from increase in US tariffs, Naidu said India's shrimp exports have taken a hit of about Rs 25,000 crore with about 50% of export orders cancelled. Furthe ...Read More >
Mumbai: Nayara Energy may have to offer a $1-2 per barrel discount to India's state-run oil marketing companies (OMCs) to sell petrol and diesel that the Russian-owned refiner cannot export due to European sanctions, people close to the development said. The Rosneft-backed company, which operates a 20-million-tonne refinery in Gujarat, has been in talks with Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation to place its refined fuel with them. These state- ...Read More >
Andhra Pradesh Chief Minister N. Chandrababu Naidu has appealed to the Union Government to come to the rescue of aqua farmers in the State, who are under severe distress due to the imposition of 50 per cent tariffs by the United States. He asked the Government to consider announcing a 240-day moratorium on loan and interest repayments, interest subsidies, and a temporary waiver of the 5 per cent GST on frozen shrimp. Calling for a national policy to protect the interests of aqua farmers, Naidu ...Read More >
Vijayawada, Sep 15 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu has appealed to the Centre to support aqua farmers in Andhra Pradesh who are facing severe distress due to US-imposed tariffs. The Chief Minister urged the union Government to take decisions at the national level to protect aqua farmers from losses and requested measures to increase domestic consumption of aqua products. To this end, he has written separate letters to union Finance Minister Nirmala Sitharaman, Commerce ...Read More >
The Foreign Ministry in Russia has shown appreciation for India for continuing to maintain ties despite mounting pressure from the United States after US President Donald Trump imposed tariffs on India and demanded that India stops buying oil from Russia. The Russian ministry said it welcomed that India was showing its commitment to continue and expand multi-faceted cooperation with Russia, despite pressure and threats that have been coming in from the US. While speaking about the issue, the of ...Read More >
Domestic equities marked a second consecutive week of gains, propelled by a surge in IT stocks following positive remarks from Donald Trump on India and Infosys' share buyback announcement. The NSE Nifty closed above 25,000, fueling optimism for further gains, while the Volatility Index declined, signaling reduced market risk. Domestic equities posted gains for a second week, led by upsides in beaten-down information technology (IT) shares following Donald Trump's conciliatory remarks on India ...Read More >
New Delhi: The Russian Foreign Ministry has sent out a strong message at a time when the United States has moved ahead with steep tariffs on Indian goods. Moscow said India continues to stand by Russia and called the bond between the two nations firm and enduring. The ministry underlined that every attempt to weaken this relationship will collapse before it even begins. Speaking to RT, the Russian official welcomed India's decision to keep cooperation alive despite external pressure and constan ...Read More >
Bengaluru: Karnataka's coffee heartland -- comprising Kodagu, Chikkamagaluru, and Hassan -- is staring at a regulatory storm as the European Union's stringent Deforestation Regulation (EUDR) looms large. The rule, set to take effect from Jan 1, 2026, mandates that exporters prove their coffee is deforestation-free by providing precise geolocation or polygon mapping data of plantations.For India, which exports over 70% of its coffee with nearly 60% heading to the EU, this regulation has sparked a ...Read More >
New Delhi, Sep 13 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Saturday said that India remains committed to a mutually beneficial free trade agreement (FTA) with the European Union (EU) this year. Goyal, who met Maros Sefcovic, Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency, European Union, said the country is looking forward to the continued dialogue. "It was a pleasure hosting you for the 13th Round of India-EU FTA negotiations ...Read More >
Apple Watch's hypertension detection feature has secured FDA clearance and will roll out globally from September 15 via watchOS 26. Apple has received FDA clearance for its new hypertension alerts feature on the Apple Watch, with the rollout scheduled to begin on September 15 through watchOS 26. First announced alongside the Apple Watch Series 11 and Apple Watch Ultra 3, the feature will also be available on older models including Apple Watch Series 9 and later, as well as Apple Watch Ultra 2 ...Read More >
India and the EU are progressing towards implementing a free trade agreement later this year, with discussions focusing on deepening security and defense cooperation. Union Minister Piyush Goyal expressed confidence that the FTA will benefit the auto industry, encouraging collaboration and innovation. As Foreign Secretary Vikram Misri met with the European Union Political and Security Committee (PSC) delegation, led by Chair Delphine Pronk on Friday, India-EU free trade agreement expected to be ...Read More >
hivanshu Gupta, Senior Partner at global management consulting firm McKinsey (Image: ANI)Disruptions in global trade flows are creating opportunities for Indian auto component manufacturers in both ICE and EV segments. India could see a significant revenue increase in the coming years. New Delhi [India], September 12 (ANI): Shivanshu Gupta, Senior Partner at global management consulting firm McKinsey on Friday said he believes the disruption in global trade flow can come as a shot in the arm fo ...Read More >
India's pivotal shift in consolidating a Russia-India-China (RIC) axis, though tactically alluring, risks rendering it more vulnerable and increasingly isolated as a purported leader of the democratic Global South. The Shanghai Cooperation Organisation (SCO) summit in Tianjin, where Prime Minister Narendra Modi walked hand-in-hand with Xi Jinping and Vladimir Putin, crystallised a new phase of India's strategic signalling at a time when our economy is more interlinked with China and Russia than ...Read More >
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