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IMPORTS SURGE
- US stocks: S&P 500, Nasdaq reach record closing highs as focus pivots to earningsThe US stock market finished on a high note, buoyed by stabilizing crude prices and easing Treasury yields, offering much-needed relief to ...
US trade deficit widens in August amid strong importsThe US trade deficit increased by 13.7% in August, reaching $105.6 billion. This rise reflects strong domestic demand and increased imports...- LIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth’s stake value nears Rs 4,700 crTrent shares rose sharply after a strong Q2 business update, adding over Rs 17,540 crore to its market capitalisation. The surge lifted the...
- Pulses prices surge: Will cheaper imports bring relief to consumers? Stakeholders dividedIndia currently imposes a 10% import duty on red lentils and chickpeas, while yellow peas attract a 30% duty.
- Diwali gifting gets pricier as pistachio, almond rates surge on US-Iran war, higher freight and weak rupeePrices for nuts and dry fruits have increased significantly this festive season due to supply issues. Sourcing challenges from key supplier...
- India launches anti-dumping probes into five Chinese products after domestic industry complaintsThe Directorate General for Trade Remedies in India is probing complaints from domestic producers about six imported products from China. A...
- Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources sayIndian customs officials are currently examining a notable uptick in soybean imports, which are purportedly sourced from Niger. Authorities...
- View: India-China thaw faces major economic testsIndia and China are working to improve their diplomatic relations following past military tensions over border disputes. Recent measures in...
- Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
- Global bond yields put emerging markets on edge, but India’s FDI pull stays strong: DEA Secretary Anuradha ThakurRising global bond yields and surging capital demand from the AI investment cycle could increase funding pressures for emerging markets, Ec...
- Disneyland Paris reaches maximum capacity as visitor surge leaves thousands without same-day entryDisneyland Paris has faced unprecedented visitor demand, with both parks reportedly reaching full capacity on multiple busy days and leavin...
- What will bring foreign investors back to Indian stock market? 5 things that should go rightFPIs sold more than Rs 25,000 crore of Indian equities in September as surging US bond yields, elevated crude prices and a weaker rupee red...
- GAIL’s Sanjay Kumar named next Petronet LNG CEOSanjay Kumar has been appointed as the next Managing Director and CEO of Petronet LNG Ltd. His term will commence on May 13, 2027, after A ...
- India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
- China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
- GST collections remain strong, but faster import growth needs watching: Tax expertsIndia's GST collections remained strong, rising to Rs 2.04 lakh crore in September, however experts express concern over the wide gap in ta...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...
- Under-the-counter cash gold sales boom in India as high prices and taxes biteHigh gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save ...
- US current account deficit widens 15.7% to $246 billion in Q2 on import surgeIn the second quarter, the US current account deficit increased by $33.4 billion, reaching $246.0 billion. The rise in imports of goods was...
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