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INDIA REDUCING IMPORT DEPENDENCE
Speedy project approvals, assured buyers key to India's 100 MT coal gasification target by 2030India has set a target to gasify 100 million tonnes of coal by 2030 with significant investments. The coal ministry estimates the investmen...- Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
- Automatic ADAS breaking in all cars: Nitin Gadkari's Transport Ministry plans advanced emergency braking system from 2030Nitin Gadkari-led Union Ministry of Road Transport and Highways is considering making advanced emergency braking systems mandatory in new c...
- 'Ease non-tariff curbs to ensure alcohol enters the market freely'"The spirit of the free trade agreement is twofold-tariffs and regulations that ensure businesses operate a bit more freely," Ian Duddy, th...
- From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...
- India has made substantial progress in diversifying oil imports, Rubio saysMarco Rubio highlighted India's advancements in energy diversification, particularly reducing dependence on Russian oil. During his Mumbai ...
- India sets import quotas for New Zealand apples, kiwifruit under FTAIndia will implement a quota system for importing apples, kiwifruit, Manuka honey, and albumins from New Zealand. The quotas will gradually...
- Drill, baby, drill: China turns the screws, India looks for own toolsChina’s new export controls on tunnel boring machines (TBMs) have highlighted India’s reliance on overseas suppliers for specialised infras...
- China curbs spur push for local manufacturingIndia's government will consult stakeholders on measures to mitigate the impact of Chinese export constraints. China recently imposed new r...
- Tariff quota notified for New Zealand fruits, honeyKiwifruit imports will qualify for zero customs duty under the tariff rate quota (TRQ), subject to a minimum CIF value of $1.80 per kg whil...
- Tread carefully on trade: India must hold its ground as Trump’s tariff stick loses its biteIndia is navigating complex trade negotiations with the United States, focusing on tariffs and energy imports. Though a trade deal is pendi...
- Thailand considers Rs 2,836 departure tax that could make trips costlier for Indian travellersThailand is contemplating a departure tax of 1,000 baht for travellers leaving the country and 450 baht for air arrivals. This proposal aim...
- FIEO chief seeks govt support for in-house testing facilities at export units. This proactive approach is designed to enhance operational efficiency and ensure adherence to international quality benchmarks. Exporters...
- Faster services imports threaten to erode cushion against India’s goods trade deficit: ReportIndia's services trade surplus has declined as imports grew faster than exports, leading to concerns about foreign exchange earnings. In Se...
- India’s digital public infrastructure among world’s 10 most effective reforms: ReportIndia's Digital Public Infrastructure has been recognized as one of the top ten effective reforms globally. This infrastructure, particular...
- India's edible oil imports dip 7 pc to 15.44 lakh ton in Sep: SEAIndia's edible oil imports fell by 7 percent in September, totaling 15.44 lakh tonnes. The decline was attributed to a sharp decrease in cr...
- Non-lithium batteries set to cut India's 50% storage imports by 2035: NetraRecent surveys suggest that India's battery energy storage sector is transforming towards non-lithium technologies. These include sodium-io...
- Centre extends bid deadline for advanced chemistry cell battery PLI scheme to November 10In a recent announcement, the Ministry of Heavy Industries confirmed the extension of the ACC Production Linked Incentive Scheme deadline t...
- Behind big billions, the China hedge begins to take shape in IndiaHyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufa...
- India eyes reduced critical tech dependence over next 20-25 years: Ashwini VaishnawIndia is planning over a 20-25 year horizon to reduce critical technology dependencies and strengthen its ability to withstand global disru...
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