IndiGo Adds Fuel Charge Amid West Asia Tensions, Fares Up
IndiGo announces new fuel surcharge on flights due to rising tensions in West Asia. Domestic and subcontinental flights see Rs 425 charge, West Asia routes face Rs 900 hike.
Category : Trade & Export
Goyal Urges Industry to Use India-EFTA TEPA, $100B FDI
Union Minister Piyush Goyal calls on industry to leverage the India-EFTA TEPA, emphasizing a legally binding $100 billion FDI commitment from EFTA nations and potential for one million jobs in India.
India Studies US Trade Probe Targeting 16 Nations
India is analyzing the US Section 301 investigations into 16 trading partners, including India and China, focusing on forced labor and overcapacity. The probe covers sectors like steel, electronics, and solar modules.
India-US Trade Talks Ongoing, No Pause in Bilateral Engagement
The Commerce Ministry confirms India and the US remain engaged for a mutually beneficial trade agreement, denying media reports of a hold-off in bilateral talks.
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India-US Trade Pact Talks Ongoing, No Hold-Off: Commerce Ministry
India and the United States are actively engaged in negotiations for a mutually beneficial trade agreement, with the Commerce Ministry denying any hold-off in talks. The framework for the first phase was finalized in February, signaling progress.
Bumper Harvest, Export Issues Flood Indian Fruit Markets
A combination of a bumper fruit harvest in India and disruptions in export cycles due to the West Asia conflict has led to a surplus in domestic markets, causing price drops and affecting farmers.
India Denies Delaying US Trade Deal, Negotiations Ongoing
India's commerce ministry refutes reports of delaying a trade agreement with the US, stating discussions continue for a mutually beneficial deal amid new tariff investigations.
Guwahati-Silchar Corridor to Cut Travel Time to 5 Hours
A new corridor project will slash travel time between Guwahati and Silchar to just 5 hours, boosting economic and social connectivity across Assam and the Northeast region.
MSDE-GATI MoU to Enhance Global Skills Mobility for Indian Workers
The Ministry of Skill Development and Entrepreneurship partners with GATI Foundation to strengthen coordination in India's global skills ecosystem, aiming to create structured overseas employment pathways for skilled workers.
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China Discovers 30M Tons of Uranium in Desert, Aiding Nuclear Push
China has discovered a massive 30 million-ton uranium deposit in the Ordos Desert, potentially powering its nuclear reactors for generations and enhancing energy security amid global fuel shortages.
US Trade Probes Target 60 Nations Over Forced Labor Issues
The US has initiated Section 301 investigations into 60 economies, including India, for alleged failure to address forced labor in imports. The probe could lead to new tariffs by summer.
US Trade Probes Target India, 15 Other Economies Post-Court Ruling
The US has initiated Section 301 investigations into 16 economies, including India, examining trade practices in sectors like steel and solar modules. This follows a Supreme Court ruling that dismantled Trump's tariff strategy.
Induction Cooktop Sales Spike Amid Middle East Conflict
As geopolitical tensions in the Middle East raise concerns over LPG supply disruptions, Indian consumers are rapidly shifting to electric induction cooktops. Major platforms like Swiggy Instamart and BigBasket report sales increases of 10x and 5x respecti
Lucknow Handicraft Exports Halted Due to West Asia Conflict
Over Rs 10 crore worth of Lucknow's chikankari and zardozi garments are stuck as shipping routes face uncertainty from the West Asia conflict, impacting artisans and the local economy.
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Mango Pulp Export Crisis in Krishnagiri Amid West Asia Conflict
Over 800 containers of mango pulp worth Rs120 crore are stranded at sea, with another two lakh tonnes worth Rs2,000 crore stuck in Krishnagiri factories due to West Asia unrest, severely impacting farmers and workers.
Shipping Firms Refund Exporters After DG Shipping Order on Charges
Following a directive from India's maritime regulator, shipping companies have begun refunding unjustified war surcharges to exporters. Major ports like JNPT have also announced waivers on various fees for stranded containers.
Jalandhar Industry Concerned Over Global Tensions' Trade Impact
Industry leaders in Jalandhar express deep concern over escalating global conflicts and their potential to disrupt exports, supply chains, and economic stability in the region.
US Trade Probe Targets India, 14 Nations on Manufacturing Capacity
The US Trade Representative has initiated a Section 301 investigation against India and 14 other countries to examine structural excess capacity in manufacturing sectors like solar modules and steel, potentially leading to tariffs.
Rail Cancellations in Karnataka Due to Maintenance Work
Multiple train services in Karnataka face cancellations on Sunday and Monday due to maintenance work on the Tumakuru-Urukere section of the new Tumakuru-Rayadurga line project.
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Israel-Iran War Pushes Up Plastic Bottle Prices in Gujarat
The Israel-Iran conflict has caused polymer prices to surge by 40% in 12 days, disrupting production of PET water bottles in Gujarat. This price hike is straining manufacturers and could impact availability during peak summer demand.
South Asia LNG Expansion at Risk from West Asia Conflict
India leads with the world's third-largest gas pipeline buildout, but South Asia's $107 billion LNG expansion faces significant risks due to ongoing conflicts in West Asia, threatening regional energy security.
Trump Launches 'Unfair Trade' Probe Targeting India
The Trump administration has initiated a new 'unfair trade' investigation targeting India and other nations, following the Supreme Court's recent rejection of previous tariffs that disrupted global markets.
US Launches Trade Probes Against India, China, Others
The United States has launched investigations into the trade practices of India, China, and other nations, focusing on alleged unfair subsidies and market distortions.
Shipping Reroute to Khor Fakkan Amid Dubai Food Crisis
As Dubai faces a food supply crisis due to regional conflict risks, shipping lines are diverting to Khor Fakkan port in the UAE, causing freight costs to skyrocket from $250 to $2,500 per container.
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Assam Exports GI-Tagged Joha Rice to UK and Italy
Assam has successfully exported its first consignment of GI-tagged Joha rice to the UK and Italy, marking a significant step in promoting the state's agricultural produce in European markets.
Indian Tanker Crosses Strait of Hormuz Amid Conflict, Easing Energy Fears
An India-bound crude oil tanker has safely crossed the volatile Strait of Hormuz, providing tentative relief for shipping and energy trade as tensions escalate in West Asia. The vessel, carrying 1 million barrels, reached Mumbai, while dozens more Indian
West Asia War Halts Banana Exports, Rayalaseema Farmers in Crisis
The Israel-Iran conflict has paralyzed banana exports from Rayalaseema to Gulf nations, causing prices to crash and leaving thousands of farmers with massive losses as shipments stall and local markets flood.
LPG Crisis Hits Bhubaneswar Eateries Amid West Asia Conflict
Hotels and small eateries in Bhubaneswar and Cuttack are scaling down operations or shutting due to LPG shortages from the West Asia conflict, forcing some to use firewood or induction cooktops.
LPG Panic in Hubballi Over Iran-Israel War Fears, System Delays
Fear of potential LPG shortages due to Middle East tensions and online booking failures has triggered panic buying in Hubballi, causing long queues at gas agencies despite officials assuring adequate supply.
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Tanker Shenlong Enters Indian Waters Near Mumbai, Monitored
The Liberia-flagged tanker Shenlong has entered Indian waters near Mumbai Port, carrying crude oil from Saudi Arabia's Ras Tanura. Authorities are monitoring its approach, emphasizing maritime protocols and India's strategy to diversify energy sources.
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