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COMMERCE AND INDUSTRY DEPARTMENT
US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...- US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
- U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
- India’s electronics exports up 11.62% to $5.09 billion in MayIndian electronics exports saw a significant rise in May, reaching $5.09 billion. This growth occurred despite global supply chain issues. ...
- India launches UPI at department store in FranceIndia's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthe...
- US connected-car rule prompts Ford, other automakers to seek licenses for China-built modelsAutomakers like Ford are seeking U.S. government authorization to continue selling vehicles with Chinese-linked software, facing a ban set ...
- India introduces PPI for goods and services, begins shift from WPIIndia has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a pr...
- BJP leader N Hari appointed rubber board chairman for three year termN Hari, a BJP leader from Kerala, has been appointed the new chairman of the Rubber Board. The central government issued the order on Monda...
- China 'strongly dissatisfied' with Pentagon move against top Chinese tech firmsChina is deeply unhappy with the United States placing several major Chinese firms on a Pentagon list. This move impacts top technology and...
- Trump administration challenges judge’s order on $100,000 H-1B visa feeThe Trump administration is appealing a federal judge's decision that invalidated a $100,000 fee for H-1B visa applications. A Boston court...
- Govt focusing on 'automation' of explosives units for safer operations: OfficialThe Department of Promotion of Industry and Internal Trade is prioritizing automation in explosives manufacturing. This move aims to signif...
- Issues related to India-EFTA trade pact implementation may figure during Piyush Goyal's Switzerland visitCommerce Minister Piyush Goyal visits Switzerland this week. He will discuss issues related to the India-EFTA free trade agreement. The agr...
- West Bengal: CM Suvendu Adhikari keeps home, Swapan Dasgupta gets finance, Tapas Roy industryVeteran journalist turned politician Swapan Dasgupta was allotted finance while senior-most party leader Tapas Roy, with his long legislati...
- Govt outlines next phase of pharma growthThe government highlighted its achievements, reforms, and policy initiatives, aiming to boost exports from $31 billion to $50 billion by 20...
- $327.1 billion US exports in April touch record highAmerica's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...
- Duty relief may be extended for petrochemical inputs for pharmaRavi Teja, deputy director at the Department of Commerce, told reporters in Hyderabad on Tuesday that a review is underway for a possible e...
- India considers extending import tax exemption on petrochemicals to beyond June 30India will consider extending import tax exemptions on petrochemicals used for making plastics and pharmaceutical goods beyond June 30 to...
- US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms' overseas unitsThis comes after the Trump administration last week moved to halt a potential loophole that may have led companies to export advanced chi...
- Assam CM Himanta Biswa Sarma retains key portfolios, allocates ministriesAssam Chief Minister Himanta Biswa Sarma has allocated portfolios to the newly sworn-in ministers. He retained Home, Power, Public Works, a...
- Assam Chief Minister Himanta Biswa Sarma allocates portfolios to 12 newly inducted ministersAssam Chief Minister Himanta Biswa Sarma has allocated portfolios to twelve new ministers. The chief minister kept key departments like Hom...
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