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India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explainedIndia's Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98...
India rice exports decline as Iran war curbs basmati shipments to GulfIndia's rice exports saw a slight dip in the first four months of 2026. Shipments of premium basmati rice to Gulf markets faced disruptions...
India cancels soymeal export deals, turns to Africa for soybean importsIndian traders have cancelled 25,000 metric tons of soymeal export contracts. This is the first time since 2021. They have also booked 80,0...
Venus Remedies gets Saudi FDA approval for speciality oncology therapyVenus Remedies Limited has secured its first global marketing authorization for its specialty oncology therapy, Plerixafor, from the Saudi ...
Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
How amendments to anti-doping act can change search and seizure dynamicsNew anti-doping laws propose empowering officers to search and detain individuals in public for up to 24 hours, aiming to curb banned subst...
US nuclear industry delegation visiting India to explore opportunitiesA US delegation is in India to explore nuclear energy cooperation. India has opened its nuclear sector to private companies. This presents ...
Venus Remedies expands Latin America presence with Argentina nod for antibioticVenus Remedies has received approval in Argentina for its antibiotic Ceftriaxone. This marks a significant step in the company's Latin Amer...
Force majeure enabled for 'war'-hit contracts: Govt procurers to grant case-by-case extensions, only for firms that hadn’t defaulted by Feb 27The finance ministry has authorized force majeure for govt contracts impacted by the West Asia conflict, treating it as war. This offers re...
India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
Kalyan Jewellers, Titan, and other jewellery stocks tumble up to 6% while MMTC rallies 16%. Here's whyIndian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, ...
Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029The central government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gol...
Indian refiners pay for Iran oil in yuan via ICICI Bank, sources sayIndian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank's Shanghai office. Indian Oil ...
Indian banks halt gold, silver imports amid delay in government clearance, sources sayIndian banks have halted gold and silver import orders as a fresh government authorisation under DGFT is still pending, leaving tonnes of b...
Govt should cap charges of product testing under quality control order: GTRIHigh testing and certification costs for Quality Control Orders (QCOs) are pushing many MSME importers out of business, according to GTRI. ...
Abbott asks stockists to buy only from authorised suppliersSpurious medicines were seized in Puducherry, prompting drug maker Abbott Healthcare to warn stockists. They must buy only from authorized ...
- Gold importers given export checking job too
The Customs department has made the authorised suppliers of duty-free precious metals sold to jewellery exporters responsible for collectin...