NEW DELHI: Govt has asked the US Trade Representative (USTR) to reconsider its proposal to impose 12.5% additional tariff on Indian products for allegedly failing to act against forced labour, arguing that the move does not meet legal standards, lacks country-specific analysis and fails to establish causal link between absence of import prohibitions and its … Read more
The United States on Tuesday revoked a 60-day sanctions waiver that had allowed the sale of Iranian oil, according to the Treasury Department. The license, issued last month as part of an interim agreement to halt fighting between the US and Iran, had temporarily eased restrictions on Iranian oil exports. Treasury officials did not immediately … Read more
A sign for the Seattle office of Getty Images Inc., is shown Monday Getty Images, an American visual media company, has abandoned its planned merger with Shutterstock, ending the proposed $3.7 billion deal after deciding not to accept a UK competition regulator’s requirement to sell Shutterstock’s editorial business.The two companies unveiled the all-stock merger in … Read more
India continued to consolidate its position as an attractive investment destination in 2025. (AI image) Foreign Direct Investment (FDI) into India rose 44% to $39 billion in 2025, reinforcing the country’s status as a key global investment destination, according to the United Nations.The 2026 World Investment Report, released by the United Nations Trade and Development … Read more
India has urged the United States to reconsider its proposed 12.5% tariff on Indian imports under the USTR’s Section 301 forced labour investigation. India has urged the United States to withdraw its proposal to impose an additional 12.5% tariff on Indian imports under a Section 301 investigation into forced labour-related trade practices, saying the move … Read more
India has launched the National Critical Mineral Mission (NCMM) in January 2025 for a seven-year period from 2024-25 to 2030-31. India has been focusing on securing its critical minerals and rare earth supply chain, especially in times of increased geopolitical uncertainties. During PM Narendra Modi’s visit to Indonesia it was announced that India will invest … Read more
It seems to be a decade of stress tests for the Indian economy – Covid pandemic, Russia-Ukraine war, US trade policy uncertainty, and now the Middle East conflict. (AI image) The Indian economy has emerged as a picture of resilience amid the US-Iran conflict, with most economic indicators flashing green as the war shows signs … Read more
Chinese authorities are reportedly discussing restrictions on overseas access to the country’s most advanced AI models amid growing national security concerns. Chinese authorities have held discussions with some of the country’s biggest technology companies over the past month on restricting overseas access to China’s most advanced artificial intelligence (AI) models, including those that have not … Read more
India has a game plan to become a semiconductor powerhouse, but the real test begins now.According to a recent report by Equirus Securities, the biggest hurdle is not strategy, but execution, with heavy reliance on imported equipment and gaps in the domestic supply chain posing key challenges. The report said India’s semiconductor roadmap draws on … Read more
Your next trip to Saudi Arabia just got simpler!Planning a holiday to Saudi Arabia may soon involve far less paperwork and fewer bookings. Instead of applying for a tourist visa, reserving flights and searching for accommodation separately, eligible travellers will soon be able to complete the entire process through a single integrated booking.Saudi Arabia has … Read more