UK and EU Brands Shift Sourcing Focus to India Amid Free Trade Agreement Talks, ETCFO

Representative Image UK and European apparel brands, including Marks & Spencer, Primark and Next, have started negotiations with Indian suppliers as the India-UK and India-EU free trade agreement talks move closer to ratification. Buyers are intensifying factory audits and evaluations in hubs such as Tiruppur in Tamil Nadu, with plans to start or expand sourcing from […]

US Imposes 25% Tariff on Countries Trading with Iran, Exporters in Limbo, ETCFO

New Delhi, Exporters are keeping their fingers crossed on the impact of recent announcement made by US President Donald Trump that Washington will impose additional 25 per cent duty on countries trading with Iran. The exact impact of the additional tariff will be only known after a notification is issued by the Trump administration, said exporters. […]

India can’t shake Iran’s ghosts as Trump opens new box of worries, ETCFO

US President Donald Trump announced he is imposing a 25% tariff on goods from countries “doing business” with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests. Trump posted on social media on Monday that the new duty would be “effective immediately,” without providing details about the scope or […]

ICAI Advocates for Comprehensive Tax Reform in Budget 2026, ETCFO

Charanjot Singh Nanda President of the Institute of Chartered Accountants of India (ICAI) As the new Income Tax Act is set to come into force from April 1 2026 the Institute of Chartered Accountants of India has called for a comprehensive overhaul of direct tax provisions to reduce litigation ease compliance and align the law with […]

India faces risk as Trump threatens 25% tariff on countries trading with Iran, ETCFO

Trump Tariffs: US President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government ‌protests in years. “Effective ‌immediately, any Country doing business with the Islamic […]

RBI trims US treasury holding to below $200 bn amid gold rush, ETCFO

Mumbai: The Reserve Bank of India‘s holding in US Treasuries has fallen below $200 billion reflecting a strategic shift in the banking regulator’s reserve management. Data released by the US Department of Treasury shows that India held $190 billion gold reserves at the end of October 2025, down $50.7 billion in the same period a year […]

India Eases Renewable Energy Rules for Waste-to-Energy Projects, ETCFO

New Delhi: The Centre has proposed to exempt captive waste-to-energy generation from renewable energy consumption obligation (RCO) norms. According to draft procedures for RCO compliance mechanism, issued by the Bureau of Energy Efficiency, the exemption covers self-consumed electricity generated through waste recovery, including from byproduct gases, or other forms of residual energy sources associated with industrial […]