India's Strategic Oil Diversification Policy Explained
Former foreign secretary Harsh Vardhan Shringla reveals India's strategic decision to diversify oil imports, reducing dependence on single regions while addressing US trade deal benefits.
Category : Business
India-US Trade Deal Removes Competitive Disadvantage: Ex-Envoy
Former Indian Ambassador to the US Arun K. Singh says the India-US trade agreement reduces tariffs to 18%, removing competitive disadvantages for Indian exporters and improving perceptions of US reliability.
Dry Red Chilli Prices Hit Rs 78,000 in Karnataka
Dry red chilli prices in Karnataka have surged to Rs 78,000 per quintal due to a significant reduction in cultivation area and production, hitting a five-year low according to state data.
Maharashtra Acquires 20,431 Acres for Industrial Development
Maharashtra government has acquired 20,431 acres for industrial development. CM Devendra Fadnavis reviewed infrastructure projects, directing MIDC to make land available to meet investor demand across multiple regions.
India-US Trade Deal to Boost Agri Exports, Ease Farm Worries
A senior government official states the upcoming India-US trade agreement will significantly enhance agricultural exports while addressing anxieties in the farm sector over market access and standards.
India-US Trade Deal May Lift Nominal GDP Growth: Thakur
India's nominal GDP growth for FY27 could exceed the 10% budget estimate if the proposed India-US trade deal materializes, says DEA Secretary Anuradha Thakur. The agreement is expected to boost manufacturing and ease market uncertainty.
Kerala Railway Budget 2026-27: Rs 753 Crore Increase
Kerala's railway budget allocation for 2026-27 sees a mere Rs 753 crore increase, raising concerns over delayed projects like line doubling and signal automation, while station modernisation gets priority.
US-India Trade Deal: Substance vs Spectacle Analysis
The US-India trade agreement announced by Trump and Modi faces scrutiny over missing details and timelines. Analysts describe it as political theater with real movement, highlighting tariff reductions and geopolitical implications.
UP Pharma Conclave: Rs 10,000 Crore MoUs Signed
Uttar Pradesh government signed MoUs worth Rs 10,000 crore with pharmaceutical firms at the Pharma Conclave in Lucknow. CM Yogi Adityanath outlined plans to establish the state as a leading pharma manufacturing and innovation hub.
HP Names Bruce Broussard Interim CEO After Lores Exit
HP Inc appoints board member Bruce Broussard as interim CEO immediately after Enrique Lores steps down to become PayPal's CEO. Broussard will lead during the search for a permanent successor.
Woman Uber Driver's Viral Ride Highlights Gender Gap in Gig Jobs
A viral social media post about a woman Uber driver in Hyderabad has ignited discussions on gender disparities in India's gig economy, revealing why such stories remain rare and inspiring.
Elphinstone Bridge Girders Removed in Night Blocks, Railways Avoid Shutdown
Mumbai's 112-year-old Elphinstone Bridge sees key girders dismantled during night railway blocks. Authorities use short windows to avoid prolonged shutdowns, with work progressing on Western and Central Railway tracks.
India Gains Manufacturing, Export Boost from US Tariff Cuts
India's manufacturing sector and exports receive significant boost after US tariff reductions, expected to narrow current account deficit and stabilize rupee.
Air India Dreamliner Fuel Module Replaced, Checks Ordered
Air India has replaced the fuel control switch module on a Boeing 787 Dreamliner (VT-ANX) in 2024 and will send the component for detailed technical checks to ensure flight safety standards.
India to Lead Apparel Exports After US Trade Deal: AEPC
India's apparel industry is set for a major boost as a new trade agreement with the United States positions the country to become a global leader in garment exports, according to the Apparel Export Promotion Council chairman.
US Trade Rep Notes India's Agricultural Protection in Trade
The US Trade Representative has confirmed that India will maintain certain protections for its agricultural sector during bilateral trade discussions, highlighting ongoing negotiations.
Goyal on PM Modi's Support for Agriculture in US Trade Deal
Commerce Minister Piyush Goyal emphasized that Prime Minister Narendra Modi has consistently championed the agriculture and dairy sectors, safeguarding their interests in the ongoing US trade deal negotiations.
Walmart Hits $1 Trillion Market Value for First Time
Walmart has reached a $1 trillion market capitalization for the first time, marking a significant achievement just weeks after joining the Nasdaq-100 Index.
UPI Hits ₹230 Trillion Record, Expands to 8 Countries
Minister Pankaj Chaudhary reveals UPI transactions reached ₹230 trillion by December 2025, showing rapid growth from ₹139 trillion in FY23. Finance Minister Sitharaman details global expansion to 8 countries.
Indian Stocks Rally: Rs 12.10 Lakh Crore Wealth Created
Indian benchmark indices surged over 2.5% on Tuesday, creating Rs 12.10 lakh crore in investor wealth, driven by optimism around the India-US trade deal that reduces tariff uncertainty and boosts export sectors.
India's Customs Revenue Growth Slows to 5% in FY27: Strategic Move
India's FY27 budget projects 5% customs revenue growth, down from 11% in FY26, reflecting trade liberalization and duty cuts to boost manufacturing competitiveness, as explained by CBIC chairperson Vivek Chaturvedi.
PhonePe IPO: Payments Drive 82% Revenue, Losses Persist
PhonePe's DRHP reveals 22% revenue growth to ₹3,918 crore in H1 FY26, with payments contributing 82%. The company processes 48% of UPI value but faces ₹1,444 crore net loss ahead of its 2026 IPO.
e-Khata System Paralyses Property Transactions: Former Mayor
Former mayor Shivakumar highlights how e-khata enforcement has halted property transactions in Tumakuru, with the city corporation deeming the software flawed and reverting to the old system.
India-US Trade Deal: Seafood, Rice Exporters Cheer, Others Wait
India's seafood and rice exporters are celebrating the new trade deal with the US, while other sectors await the government's decision on broader market access and tariff reductions.
India to Limit Russian Oil Imports Under US Trade Deal
India will restrict crude oil purchases from Russia under a trade understanding with the US, securing tariff relief. Refiners will honor existing contracts but not place new orders, with Nayara Energy likely exempt.
India's $100B Annual US Import Commitment for 5 Years
India has committed to purchasing $100 billion worth of American products annually for five years, focusing on energy, technology, and aircraft parts. The US reduces tariffs from 50% to 18%.
India-US Trade Deal: Trump Says India Won't Buy Russian Oil
A major India-US trade deal slashes tariffs significantly, but controversy erupts as Trump claims India will stop Russian oil imports and Rahul Gandhi accuses PM Modi of compromise.
India to Restrict Russian Oil Imports to Irreplaceable Supplies
India plans to restrict Russian oil imports, purchasing only where supplies are irreplaceable, amid global pressure and sanctions. This strategic move aims to balance energy security with diplomatic relations.
Second Mountain Tunnel Announced for Bullet Train in Palghar
Railways Minister Ashwini Vaishnaw has announced a second mountain tunnel in Palghar, Maharashtra, for the Mumbai-Ahmedabad Bullet Train Project, enhancing connectivity and infrastructure.
India to Continue Russian Oil Imports Despite US Trade Deal
India is expected to maintain Russian oil imports at 1.1-1.3 million barrels daily through early Q2, with gradual reduction likely rather than immediate halt despite US trade deal claims.
Page 4 of 769