Manufacturing bullet trains involves an entirely different set of capabilities. (AI image) Come 2027 and India may launch its first bullet train service. The Surat–Bilimora section of the Mumbai-Ahmedabad bullet train project is expected to be operational by August 2027. While that will put it into a league of few countries that have high-speed rail…
Bessent said tariff rates could revert to their earlier levels if the ongoing Section 301 investigations lead to the imposition of new duties. (AI image) US Treasury Secretary Scott Bessent’s latest warning of additional tariffs under Section 301 comes at a time when US Trade Representative Jamieson Greer was in India this week.Greer met Commerce…
The long choked Strait of Hormuz is finally seeing business with supplies from Qatar entering the market for the first time since the war broke out. After being mostly quiet during the conflict, oil flows are picking up again as Gulf countries restart crude exports. This comes as regional activity improves and talks between the…
If there is one consistent feature of India-US trade relations over the past three decades, it is that major agreements rarely emerge from a single round of negotiations. (AI image) By Shishir Priyadarshi, President, Chintan Research Foundation (CRF) & a former Director, WTOThe trade discussions between US Trade Representative Jamieson Greer and Commerce Minister Piyush…
India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026,. The India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026, with Commerce and Industry minister Piyush Goyal describing the agreement as India’s…
Sensex Today Live: ‘Positive momentum likely’ “Indian equities are expected to regain their positive momentum, supported by renewed buying interest and lower energy prices. Brent crude is at near four-month levels, as vessel movement through the Strait of Hormuz is witnessing steady improvement. Additionally, the southwest monsoon has resumed its advance across the country, improving…
AI generated image, used only for representational purpose Crude oil prices edged lower on Friday as concerns over supply disruptions eased with more oil tankers moving through the Strait of Hormuz. Around 7 am IST, Brent crude was trading at $74.95 a barrel, down 31 cents or 0.41%, while US West Texas Intermediate (WTI) crude…
What began as a crypto heist operated from North Korea spiralled into a web of transactions linked to Iran’s central bank!The trail started with investigators tracking the movement of the $1.5 billion stolen from Bybit across the crypto ecosystem. Along the way, they found two wallets linked to the Central Bank of Iran, before the…
The trend sends a signal that global corporations increasingly view India as a major long-term growth market. (AI image) Global majors are lining up billions of dollars worth investment in India despite the global economic uncertainty around war and trade policies. Recent announcements by tech giants and other global companies indicate the rising importance of…
Mumbai: RBI has proposed sweeping changes to deepen debt markets, allowing corporate bodies to lend in the term money segment – long dominated by banks and primary dealers – while widening their access to govt securities market. It has also introduced total return swaps in credit derivatives, which transfer a bond’s entire return to the…