News that keep you updated
NEW DELHI: The commerce ministry’s arm, DGTR, has initiated an anti-dumping probe into imports of nylon chips and granules — used in the textiles industry, from China and Russia, following a complaint by a domestic manufacturer. The applicant has alleged that the dumping of Nylon 6 Chips and Granules with relative viscosity (RV) below 3…
India needs a clear strategic push, including lower tariffs and a shift in manufacturing towards high-demand segments such as passenger vehicles, to strengthen its competitiveness in global markets, Niti Aayog said on Tuesday.In the latest Trade Watch Quarterly for April–June 2025, the policy think tank said India must also work on boosting two-way trade, increasing…
India has imported around 144 billion euros’ worth of crude oil from Russia since the start of the Ukraine war, making it the second-largest buyer after China, according to estimates by European think tank Centre for Research on Energy and Clean Air (CREA).According to news agency PTI, CREA said Russia has earned nearly 1 trillion…
After one of its strongest rallies in decades, gold prices may take a breather in 2026, though the long-term outlook remains firmly bullish, analysts at ICICI Direct said on Tuesday.The report noted that US Federal Reserve rate cuts are expected in 2026, ongoing concerns over rising global debt, and questions over long-term Fed independence will…
Indian banks are likely to benefit from enhanced regulatory oversight by the Reserve Bank of India (RBI) and a more robust supervisory toolkit, which should lower systemic risks and improve the sector’s operating environment, global rating agency Fitch said in a report.Fitch noted that these regulatory shifts, combined with strong economic growth prospects and reduced…
Haryana is set to witness the launch of India’s first hydrogen-powered train, with Northern Railway’s pilot project between Jind and Sonipat entering its final stages.A Haryana government statement said a stable and uninterrupted 11 kV power supply has been ensured for the hydrogen plant at Jind, which will fuel the train during commissioning and regular…
India is expected to see a sharp surge in battery energy storage capacity this year, with additions likely to rise almost ten times to around 5 GWh in 2026 from 507 MWh in 2025, driven largely by a massive pipeline of projects now moving into the execution stage.According to a study released by the India…
For the Union Budget 2026, the government may be considering women-centric financial measures, with a focus on strengthening credit and insurance access through Jan Dhan accounts, as part of its wider push towards universal financial inclusion. Alongside this, the government is also considering suggestions to widen the scope of the Jan Suraksha schemes and provide…
File photo: Chinese President Xi Jinping and Japanese PM Sanae Takaichi (Picture credit: AP) China on Tuesday banned exports of dual-use goods that can serve both civilian and military purposes to Japan, a move that comes amid heightened tensions between the two countries over Taiwan.In a statement, China’s commerce ministry said exports of such items…
Reliance Industries Limited (RIL) stock tumbled 5% on Tuesday, falling to an intraday low of Rs 1,497.05 on the Bombay Stock Exchange. The share price plunged after RIL denied a Bloomberg report claiming that its Jamnagar refinery will be receiving three ships of Russian crude oil.On the BSE, the stock closed at 1507.70, shedding 69.75…
