Category: Politics
Trump delays meeting with Putin over Ukraine war talks, ETCFO
President Donald Trump said Tuesday his plan for a swift meeting with Russian leader Vladimir Putin was on hold because he didn’t want it to be a “waste of time.” It was the latest twist in Trump’s stop-and-go effort to resolve the war in Ukraine. The decision to hold off on the meeting in Budapest, Hungary, […]
India pushes to expand rupee settlement with key trade partners, ETCFO
India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with the matter said, a move that could help boost the local currency over time. Initial steps include establishing direct rupee rates that don’t rely on a third currency, such as the […]
India’s counter-tariff strategy begins to show results, ETCFO
After the United States under President Donald Trump imposed a sweeping 50% tariff on a large basket of Indian exports, India’s trade outlook began appearing gloomy. The tariffs impacted more than 60% of India’s exports to the US, including critical labour-intensive sectors such as textiles, gems and jewellery, marine products and leather goods, while some sectors […]
Pacts with UK, EFTA to bring in $100bn investments: Piyush Goyal, ETCFO
Minister of Commerce and Industry Piyush Goyal on Sunday listed the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) which has now come into force, and his meeting with UK Prime Minister Keir Starmer in Mumbai to advance the India-UK trade and investment partnership as major highlights of his […]
Government must protect market from Chinese dumping: MPC’s Nagesh Kumar, ETCFO
The Centre needs to step in to protect the domestic market from dumping by Chinese exporters, Monetary Policy Committee (MPC) member Nagesh Kumar told ET, while urging local companies to premiumise through R&D investments. “We should also protect the domestic market, especially in labour intensive industries, from the dumping of cheap Chinese goods. This has become […]
India turns to Russia to diversify rare earth supplies, ETCFO
New Delhi: Indian firms are exploring the feasibility of tie-ups with Russian entities to improve supplies of rare earth magnets and critical minerals in the country in the wake of a supply squeeze by China, people close to the development told ET. Rare earth processing technologies developed by Russia are currently deployed in pilot projects and […]
Centre to Conduct National Household Income Survey for the First Time in 50 Years, ETCFO
The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), is planning to conduct a first-ever National Household Income Survey (NHIS) in over five decades, MoSPI said in a statement on Monday. The NHIS will track how families earn, save, and benefit from government programs. It will capture income from wages, agriculture, […]
India and Brazil Strengthen Energy Partnership with Focus on Oil Exploration and Production, ETCFO
India and Brazil Strengthen Energy Partnership with Focus on Oil Exploration and Production New Delhi, Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India and Brazil have agreed to expand their partnership in oil exploration and production, with Indian upstream oil companies such as ONGC expected to participate in upcoming offshore […]
Companies nudged to build critical mineral capacity, ETCFO
The government is nudging the private sector to develop critical mineral processing capabilities as part of its efforts to secure domestic supplies of rare earths amid global supply chain uncertainties. The mines ministry has held a series of discussions over the past month, with more planned to assess the support industry needs as the technology for […]
US Chamber of Commerce Sues Trump Over $100,000 H-1B Visa Fee, ETCFO
Indian F-1 OPT student shares SEVIS termination experience after H-1B withdrawal By Daniel Wiessner – The largest U.S. business lobbying group filed a lawsuit on Thursday challenging President Donald Trump’s $100,000 fee on new H-1B visas for highly skilled foreign workers. The lawsuit by the U.S. Chamber of Commerce, which says it represents 300,000 businesses, is […]
