Category : Trade & Export


Oil Prices Jump 3% on US-Iran Talks Report

Global oil prices climbed approximately 3% following reports that US officials rejected Iran's request to change the location and format of planned diplomatic talks, amid ongoing Middle East tensions.

Bhiwandi Textile Market Cautious on US Tariff Cut to 18%

Bhiwandi's textile industry reacts cautiously as US reduces tariffs from 50% to 18% on Indian goods, with powerloom owners noting duties remain above previous 3-4% levels and uncertainty persists over textile categorization.

Nashik Wine Exports Jump 80% in Four Years

India's grape wine exports have rebounded strongly, rising nearly 80% from 2021-22 to 2024-25, with Nashik leading the recovery as Maharashtra dominates the industry.

Kharge: US Trade Deal May Hurt Indian Farmers

Congress President Mallikarjun Kharge expresses concerns that a potential trade agreement with the United States could negatively impact Indian farmers, urging the government to prioritize domestic agricultural interests.

Trump Pressure on India May Cut Russia Oil Revenue

Russia faces potential sharp drop in oil revenues if US succeeds in pushing India to reduce Russian crude purchases, forcing Moscow to offer deeper discounts to alternative buyers amid sanctions pressure.

India Joins BRICS Industrial Competencies Centre

India has officially joined the BRICS Centre for Industrial Competencies, a strategic move aimed at enhancing manufacturing capabilities and fostering economic cooperation among member nations.

Russia: India Free to Buy Oil from Any Country

Kremlin dismisses Trump's claim that Modi agreed to stop Russian oil purchases, stating India has always diversified suppliers. Experts say Indian refiners cannot fully replace Russian crude.

India-US Trade Deal Finalized After Strategic Wait

India has successfully concluded a landmark trade agreement with the United States after strategically waiting out Donald Trump's presidency. The deal protects India's agriculture and dairy sectors while aiming to double bilateral trade to $500 billion by

India-US Trade Deal Defended; Jaishankar Meets Trump Team

Commerce Minister Piyush Goyal asserts India's farmers and dairy sector are protected in the US trade pact, countering Rahul Gandhi's criticism. External Affairs Minister S Jaishankar engages with Trump's top aides in Washington to strengthen bilateral ti

India-US Trade Pact to Boost Economy, Real Estate

India's new trade agreement with the US, cutting tariffs to 18%, is set to boost exports, attract foreign investment, and indirectly support real estate through increased FDI and market optimism.

India's Oil Dilemma: Russian vs Venezuelan Crude

India faces a tough negotiation challenge in replacing Russian oil with Venezuelan crude, amid sanctions and geopolitical pressures. Analysis of the economic and political factors at play.

Gaya Railway Station Mega Block Disrupts Train Services

ECR officials approve 6-week suspension of operations at Gaya railway station platforms 2 and 3 from February 5, leading to cancellations, diversions, and short-terminations of multiple trains as part of Rs 300 crore renovation project.

IndiGo Suspends Copenhagen, Cuts UK Flights

IndiGo announces major schedule changes for long-haul routes, suspending Copenhagen services and reducing flights to London and Manchester due to operational constraints.

China Requires Mechanical Door Handles for All Cars

China's new regulation mandates mechanical door handles for all vehicles by 2029, forcing Tesla and EV makers to abandon hidden designs. The safety-focused rule aims to ensure manual access during accidents or power failures.

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