Rishabh Bhatnagar
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Govt Downplays UAE FTA Impact On Gold Imports, Says Quota Utilisation Negligible
Officials said the increase in import value was largely driven by higher unit prices rather than a sharp jump in physical demand.
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UK Steel Curbs Emerge As Fresh Hurdle In India-UK FTA Rollout
Indian officials are understood to have flagged that the revised quota framework could dilute expected gains for Indian steel exporters under the trade pact and create uncertainty for shipments just as businesses prepare for the agreement's rollout.
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India's April Exports Jump 13.6% To $80.8 Billion Despite Middle East Disruptions
India's overall imports also increased during the month, rising to $88.6 billion from $82.3 billion a year ago.
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Rapido Now Valued At $3 Billion After Latest Fund Raise
The cab hailing app has raised $240 million led by Prosus in its latest fund raising exercise.
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Ixigo Launches AI-Native Travel App With Conversational Assistant, Agentic Booking Flows
ixigo unveiled an AI-native travel platform with conversational assistant TARA and automated travel management features.
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PM Modi's UAE Visit To Push Energy Security; Pacts Likely On LPG, Petroleum Reserves: Sources
PM Modi's UAE stopover will centre on securing India's energy supplies as West Asia tensions threaten global oil routes.
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$1 Trillion Export Goal: Piyush Goyal Bets On FTAs To Power India's Trade Push
Goyal said at least five FTAs are expected to come into effect within the next 12 months, providing a major boost to India's global trade ambitions.
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'No WFH Mandate Yet': Govt Sources Clarify After PM Modi's Prudent Fuel Usage Appeal
Sources say no work-from-home directive is under consideration for the IT sector despite PM Narendra Modi's call for cautious fuel consumption amid rising energy costs.
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India-UAE Trade Pact In Focus As Gold Imports From UAE Surge
Dubai's share in India's gold imports has risen sharply from 7.9% before the trade pact to 28% in 2025.
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Govt Extends QCO-Linked Import Relief For Key AC, Refrigerator Components Till March 2027
The government has extended QCO-linked import exemptions for key AC and refrigerator compressors till March 2027 to ease supply concerns and aid localisation.
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ECLGS 5.0 To See Decent MSME Interest Amid West Asia Disruptions, But Higher Stress Risks Loom
Government and banking sector estimates suggest that nearly 1.1 crore MSME accounts - around 45% of the country's MSME loan portfolio.
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Cloud Over Dixon-Vivo JV Approval Amid Ongoing ED Probe Into Vivo
Dixon and Vivo had announced the joint venture in December 2024 to manufacture smartphones and other electronic devices in India.
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Cabinet Clears Two New Semiconductor Units For Rs 3,900 Crore Under ISM 1.0; Total Approved Projects Rise To 12
Among the approvals is the country's first commercial facility for Mini/Micro-LED display manufacturing based on Gallium Nitride (GaN) technology.
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India-US Trade Talks To See Momentum After May 8 Hearing On Section 301 Investigations | Profit Exclusive
The USTR is set to hold India's public hearing regarding Section 301 investigations into 16 economies on structural excess capacity.
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India, Canada Begin Second Round Of CEPA Talks; Eye Year-End Deal As Ties Reset
The current round is also expected to set the tone for Commerce and Industry Minister Piyush Goyal's visit to Canada later this month, where he is likely to lead a business delegation and engage with industry stakeholders.
