A total of 60 economies were being probed by the Donald Trump administration under the Section 301 probe. (AP Photo) The Donald Trump administration has announced a fresh set of tariffs as its Section 122 duties expire on July 24. The new tariffs, imposed under the Section 301 probe, see India being levied a reduced…
File photo: Union minister Ashwini Vaishnaw speaks during a cabinet briefing, in New Delhi The Union cabinet on Friday approved a Rs 1,264-crore railway project to add a third and fourth rail line on the Ballari-Guntakal section across Karnataka and Andhra Pradesh, aiming to ease congestion, improve freight movement and strengthen connectivity along a key…
Dalal Street ended lower for the fifth straight session on Friday as a mix of global and domestic headwinds kept investors on edge. Concerns over escalating tensions in the Middle East, crude oil prices soaring to $100 per barrel, FII selling and other cues weighed down market sentiment.BSE Sensex closed 331.62 points, or 0.43%, lower…
The Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) scheme, announced in the Union Budget for 2026-27, was cleared by the Cabinet chaired by PM Modi The Union cabinet on Friday approved a new Rs 3,030-crore scheme to establish three dedicated chemical parks across the country, aiming to strengthen India’s chemicals sector through world-class infrastructure, attract…
India brought in more than 32 lakh tonnes of key fertilisers during the first quarter of the current financial year, with imports of urea and di-ammonium phosphate (DAP) supplementing domestic production to meet demand, according to information shared by the government in Parliament.In a written reply to the Lok Sabha, chemicals and fertilizers minister J…
The United States has imposed a 10% tariff on Indian goods under Section 301, but economists believe the immediate impact on India’s exports will be limited.While the move offers some relief compared with higher tariff proposals, they say that the real challenge lies in reducing the country’s dependence on a single export market by broadening…
ITC chairperson Sanjiv Puri, on Thursday, said the company aspires to become India’s number one FMCG player, telling shareholders at the annual general meeting that its non-tobacco FMCG business has crossed Rs 24,000 crore in revenue.The milestone makes it the second-largest FMCG company by revenue after Hindustan Unilever, ahead of Nestle (Rs 23,200 crore in…
Fidelity International-backed Eight Roads Investments, Flipkart and IMM India Fund are collectively selling up to 9% stake in Shadowfax MUMBAI: Fidelity International-backed Eight Roads Investments, Flipkart and IMM India Fund are collectively selling up to 9% stake in Shadowfax through block deals worth around $108 million (Rs 1,048 crore), the term sheet of the…
Rupee staged a recovery in early trade on Friday, rising 22 paise against the US dollar after opening on a weak note, with likely intervention by the Reserve Bank of India helping the domestic currency steady despite crude oil prices breaching the $100-a-barrel mark.The currency, which had ended 20 paise weaker at 96.73 on Thursday,…
With less than a month before US President Donald Trump‘s proposed 50% tariffs are due to take effect, Canadian Prime Minister Mark Carney has said Ottawa will not retaliate in advance, instead, will continue negotiations. Carney said that the country does not need to respond “in advance” and any such measure would be “counterproductive”. With…
