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Trade relief: India to gain from US tariff cuts on select agri items; officials say level playing field restored

India is set to benefit modestly from the United States’ decision to withdraw reciprocal tariffs on a set of agricultural products, including...

Trade watch: Govt tightens curbs on platinum jewellery; move targets FTA misuse

The government on Monday tightened import controls on select categories of platinum jewellery, imposing licensing requirements until April 30, 2026, in an...

Trump tariff shock eases? India’s exports to US rise after 4 months of slide; reach $6.3 billion in October

US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from...

Gold surge: Imports hit record $14.72 bn in Oct; festive demand drives spike as trade deficit widens

India’s gold imports surged nearly threefold to a record $14.72 billion in October, propelled by strong festive and wedding-season demand, government data...

Export mission: Centre to roll out EPM norms this month, tariff-hit sectors get priority; MSMEs to see finance push

The commerce ministry has begun preparing detailed guidelines for the Rs 25,060-crore Export Promotion Mission (EPM) and will start releasing them before...

Fiscal roadmap: Finance Commission submits report for 2026-31; formula for Centre-state tax share sent to President Murmu

Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission on Monday submitted its report for the five-year...

Tax refunds scrutiny: CBDT flags wrongful claims; why high-value payouts are stuck-here’s what the IT department says

The Income tax department is holding back a chunk of refund payments after detecting wrongful deduction claims in several high-value and system-red-flagged...

It’s a first! India exports first-ever jet fuel cargo to US West Coast; here’s why

The aviation fuel cargo, totalling 60,000 metric tons (472,800 barrels), departed from Jamnagar port between October 28 and 29. (AI image) Amidst ongoing...

Aviation boost: Emirates places $38 bn order for 65 Boeing 777X jets; delivery to begin 2027

Dubai’s biennial Air Show opened on Monday with a headline announcement from hometown carrier Emirates, which placed a $38-billion order for 65...

Murugappa Group’s former chairman Arunachalam Vellayan passes away

Arunachalam Vellayan, former Chairman of the Murugappa Group CHENNAI: Arunachalam Vellayan (72), former Chairman of the Murugappa Group and Chairman Emeritus of...

Cyber breach: PwC flags $1 million hit for Indian firms; AI, cloud security budgets set to rise

Nearly one in four Indian enterprises has suffered losses of more than $ 1 million from cyber breaches in the past three...

Trade dip: Exports fall 12% in October; deficit widens to $41.7 bn on gold import surge

India’s merchandise exports fell 11.8% to $34.38 billion in October, even as inbound shipments registered strong growth, pushing the trade deficit to...

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