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RAW MATERIAL CURBS
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...- India will monitor Chinese steel imports before deciding on further curbs, source saysIndia is closely watching steel imports, particularly from China, for another two months before deciding on further actions. Despite a thre...
- Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
- HMT revival plan likely to focus on self-reliance in new-age manufacturing for ISROHindustan Machine Tools is set for a revival. The plan prioritizes self-reliance in advanced manufacturing. It will focus on producing capi...
- Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
- China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.
- Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...
- Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
- Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: EconomistsRetail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the R...
- From milk to ACs, everyday essentials getting costlier as war fuels inflationIndian households face rising costs for daily essentials. Fuel and commodity price hikes are pushing up prices for milk, packaged foods, an...
- India scrambles to steady rupee as oil shock bitesIndia is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fas...
- Assam makes first legal agarwood export to Gulf, eyes Rs 50,000 crore potentialAssam has struck gold with its groundbreaking legal export of agarwood chips to Saudi Arabia and the UAE, valued at a remarkable Rs 2.35 cr...
- India raises gold import duty back to 15%: What’s behind the moveIndia has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign ex...
- India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
- India’s ReNew energy trims solar output due to grid constraintsGrid delays mean the company is instructed to reduce generation during peak solar hours. ReNew plans to install batteries to store excess p...
- ET Awards: ‘Invest in the idea of India, by India, for India,’ say top CEOs amid West Asia conflictIndian business leaders view the West Asia conflict as a catalyst for long-delayed structural reforms, urging accelerated efforts in energy...
- China expands economic pressure tools in US rivalry ahead of Trump–Xi summitChina is building new economic pressure tools against the United States. Beijing has enacted laws to punish foreign firms shifting supply c...
- Centre pushes chemical fertilisers alternatives as output slumpsIndia is pushing alternatives to chemical fertilisers after a 24.6% drop in output and supply disruptions linked to the Strait of Hormuz cr...
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