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IMPORT DEPENDENCE
World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...- Centre invites bids for green urea plants to curb import relianceThe department on Friday held a pre-EoI meeting with public and private sector companies, including NTPC, the Solar Energy Corporation of I...
- Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRIA potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer ma...
- Zydus, Sunshine to set up $20 million pharma JV in Sri LankaIndian pharmaceutical giant Zydus Lifesciences has partnered with Sri Lanka's Sunshine Healthcare Lanka to establish a new manufacturing fa...
- Proverb of the day: 'A horse may take the warrior to the battlefield but...' Life lessons from African proverb on personal accountability, external support, self-reliance, and why a person needs to fight his own warsProverb of the day highlights the Ethiopian saying, "A horse may take the warrior to the battlefield but can never fight." The proverb expl...
- Govt targets solar, hydrogen components to cut import dependenceIndia is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas inc...
- Government extends deadline for rare earth magnet manufacturing tenderThe Ministry of Heavy Industries has extended by one month the deadline for the global tender under India’s rare earth permanent magnet inc...
- Muharram Date 2026 : When is Muharram and Ashura in 2026? Will banks and schools be closed? Full holiday schedule, history, and significance explainedMuharram Date: Muharram, marking the Islamic New Year and a significant religious observance, is anticipated around June 26, 2026. Ashura, ...
- ADB approves USD 42.2 mln loan to boost bamboo industry in northeast regionThe Asian Development Bank has approved a $42.2 million facility to boost India's northeastern bamboo industry. This initiative aims to enh...
- Jonnagiri gold mine to boost domestic production, advance 'Made in India' ecosystem, says Lloyds chiefIndia's gold import dependence is set to decrease with the inauguration of the Rs 405-crore Jonnagiri gold mine in Andhra Pradesh. This mar...
- Best proverb of the day: 'A dragon will be teased by a shrimp...' Life lessons from Chinese proverb on situation, vulnerability, humility, adaptability, true strength, caution, authority, and why one should never underestimate the underdog or weakBest proverb of the day highlights an ancient Chinese saying that explains how power depends on the right environment. The proverb shows th...
- Government may soon launch scheme to develop critical minerals processing value chain: Recycling bodyThe initiative prioritizes recycling for 27 critical minerals, encouraging extraction and processing beyond just 'black mass'. The Material...
- Govt eyes fast-tracking local production of high-end medical devicesIndia is planning to boost local manufacturing of around 10 high-value medical devices, including MRI systems and pacemakers, to curb relia...
- Amit Shah directs Nafed, NCCF to bypass middlemen, buy pulses and oilseeds directly from farmersUnion Minister Amit Shah has directed Nafed and NCCF to procure pulses and oilseeds directly from farmers, aiming to cut out middlemen and ...
- Chinese tech, investments welcome, but trade opening needs caution: CII PresidentChinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan...
- Best proverb of the day: 'Better to choose someone who understands...' Important life lessons on loyalty, commitment, experience and the value of dependable peopleBest proverb of the day: In a world brimming with distractions, a timeless proverb highlights the profound value of understanding over flee...
- RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
- Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
- Two urea plants with 25.4 LT annual capacity to start production soonIndia is set to boost its urea production with two new plants commencing operations soon. These facilities will add 25.4 lakh tonnes to the...
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