Category: Politics

New Delhi: India has constituted an inter-ministerial group (IMG) to oversee supply chain resilience and monitor developments in West Asia daily, commerce and industry minister Piyush Goyal said on Tuesday. The IMG was operationalised by the commerce and industry ministry. Besides overseeing supply chain resilience, it will assess sector-wise export and critical import vulnerabilities, and recommend […]

New Delhi: Ahead of the India-UK Comprehensive Economic and Trade Agreement (CETA) expected to come into force next month, the government is concerned about the West Asia crisis being a dampener on India’s exports to the nation as vessels reroute away from the Suez Canal and the Bab el-Mandeb Strait, an official said. Exports could be […]

India imports over 85% of its crude requirements, with a significant share sourced from West Asia. New Delhi: The Ministry of Petroleum and Natural Gas on Monday reviewed the availability of crude oil, LPG and other petroleum products amid escalating tensions between Israel and Iran that have roiled global energy markets. In an official statement, the […]

India and Canada have signed significant agreements on uranium and critical minerals. Both nations aim to boost bilateral trade to $50 billion by 2030. New Delhi: India and Canada on Monday signed agreements on supplies of uranium and critical minerals and agreed to soon conclude a comprehensive economic partnership agreement (CEPA), with Prime Minister Narendra Modi […]

India is preparing for potential fuel shortages. The govt is exploring options like limiting fuel exports and increasing Russian crude imports. New Delhi: India is weighing a range of contingency options including restricting petrol and diesel exports, increasing Russian crude imports, and introducing demand-management measures such as LPG rationing to address potential fuel shortages if traffic […]

Israel-Iran war fears lift oil, risking inflation, rupee With the United States, Israel and Iran at war, India Inc is on the verge of facing one of its biggest geopolitical challenges in recent times. The Iran war launched by the US and Israel continued for a third day Monday with more attacks on Iran, which is […]

New Delhi, [India], March 2 (ANI): Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said the regulator is aiming to reduce the time taken for Foreign Portfolio Investor (FPI) registrations from the current average of 30 days to less than a week through a digital push, while balancing speed with due diligence. Speaking […]

The U.S. tariff rate for some countries will rise to 15% or higher from the newly imposed 10%, U.S. Trade Representative Jamieson Greer said on Wednesday, without naming any specific trading partners or giving further details. Greer told Fox Business Network’s “Mornings with Maria” program that the Trump administration does not intend to raise tariffs on […]

Chances of benchmark interest rate going up are “negligible” notwithstanding building up of inflationary pressure on account of geopolitical tensions, external member of RBI’s Monetary Policy Committee (MPC) Saugata Bhattacharya said on Wednesday. Weather risks, rising metals prices and elevated crude oil amid geopolitical tensions will weigh on the consumer price inflation (CPI) going forward, Bhattacharya […]

Brisbane, Feb 22 (The Conversation) US President Donald Trump has announced the United States will increase baseline tariffs on imports from all countries to 15 per cent, as the fallout continues from a seismic Supreme Court ruling on Friday. Trump had imposed sweeping “reciprocal tariffs” last year under an emergency powers act, but the court ruled […]