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.
Category : Trade & Export
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.
Goyal Meets Global Leaders to Boost Manufacturing and Trade Ties
Union Minister Piyush Goyal held strategic meetings with global industry leaders to enhance manufacturing capabilities and expand trade relations, focusing on key sectors for economic growth.
Assam's GI Joha Rice Exported to UK, Italy via APEDA
APEDA has facilitated the first export of Assam's GI-tagged Joha rice to the UK and Italy, boosting India's agricultural exports and promoting this aromatic variety globally.
US May Suspend Jones Act as Iran War Drives Oil Prices Up
The Trump administration is weighing a temporary suspension of the Jones Act to ease oil and fuel supply pressures caused by escalating Middle East tensions and surging crude prices.
Crude Tanker Docks in Mumbai, Evading Strait of Hormuz
A crude oil tanker successfully docked in Mumbai after navigating an alternative route to avoid the conflict-ridden Strait of Hormuz, highlighting strategic shifts in global energy logistics amid regional tensions.
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Trichy Trade Facilitation Centre Announced to Aid Exporters
A Trade Facilitation Centre will be set up in Trichy to help exporters with customs and regulations, as announced by customs commissioner Bharat Prakash during an AEPC event in Tirupur.
India-Bound Oil Tanker Breaks Through Strait of Hormuz War Zone
In a significant development, the first India-bound oil tanker has successfully navigated the Strait of Hormuz war zone, reaching Mumbai safely amid heightened regional tensions.
Indian Seafarers Killed, Missing in Gulf Maritime Incidents
Three Indian seafarers have been confirmed dead and one is missing following separate maritime incidents in the Gulf region, as reported by the Ministry of Shipping.
India Boosts Maritime Sector with Green Ship Recycling Standards
India is advancing its maritime sector by promoting green ship recycling and Euro-compliant yards to enhance sustainability and global competitiveness in the industry.
Airlines Hike Ticket Prices Amid West Asia Conflict
Major airlines including Air India and SpiceJet are increasing ticket prices due to soaring jet fuel costs and rerouting around conflict zones in West Asia, impacting travel expenses globally.
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Oil Jumps 6% as Iran Escalates Attacks on Gulf Shipping
Global oil prices surged by 6% following Iran's intensified attacks on shipping in the Gulf, raising fears of supply disruptions and heightened geopolitical tensions.
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