Fresh negotiations between India and the United States are underway in Washington, DC this week, with officials indicating that a long-running effort to seal a bilateral trade agreement is nearing completion.A senior US official, responding to queries on the progress of the talks, said, “The Trump administration and India continue to have positive and productive…
US stocks moved higher on Tuesday, as investors remained optimistic over a possible extension of the US-Iran ceasefire. Markets showed early strength, with the Dow Jones Industrial Average rising 0.56% or 279 points to 49,721.56 around 8 pm IST. The S&P 500 inched up 0.2% to 7,129, while the Nasdaq Composite gained 96 points or…
National and festival holidays are largely decided at the State level. Employers are expected to follow notified holiday lists. (AI image) Leave is often seen as a simple workplace benefit – an approved absence from work. In reality, it is one of the more structured and regulated aspects of employment in India. With the implementation…
MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with commitments exceeding the targeted $100 million, while a $1.5 billion sovereign backstop from the govt remains central to its capacity to underwrite large risks. The pool aims to enable sea trade with countries in the…
. NEW DELHI: India is looking to renegotiate its free trade agreement with South Korea to address the widening trade deficit and make the pact more contemporary, commerce and industry minister Piyush Goyal said on Monday.“All options are on the table… we may even consider rewriting it into a completely new FTA because it should…
Road transport and highways minister Nitin Gadkari India should aim for 100 per cent ethanol blending in the near future to strengthen energy self-reliance, road transport and highways minister Nitin Gadkari said on Tuesday. He said that vulnerabilities in oil supplies due to the ongoing crisis in West Asia have made it essential for the…
NEW DELHI: India is working to see how it can get preferential access for its products in the US, with a delegation led by chief negotiator Darpan Jain reaching Washington for talks. “We have almost finalised the first tranche of the bilateral trade agreement. We are trying to work out what would be the mechanism…
New Delhi: Geopolitical tensions in West Asia pose risks to India’s trade and macroeconomic stability by widening the current account deficit (CAD), exerting pressure on the exchange rate, Niti Aayog said on Monday.The Aayog in its quarterly ‘Trade Watch Oct-Dec (Q3) FY 2025-26’ report further said that geopolitical instability in West Asia has slowed the…
File photo (Picture credit: AP) Asian markets traded mixed on Tuesday as investors weighed fresh hopes of possible US-Iran peace talks against lingering geopolitical risks and elevated oil prices, while technology shares lent support to key regional indices.Tokyo’s Nikkei 225 rose 1.1 per cent to 59,485.54, driven by strong gains in technology counters. As per…
To receive repayments, importers in the US are required to submit claims which include shipment details, applicable tariff classifications. (AI image) The US government has rolled out a system to facilitate refunds of over $166 billion from tariffs introduced by Donald Trump and later invalidated by the US Supreme Court. In February, the court struck…