US imposes tariffs on Indian goods over labour concerns. The United States is India’s second-largest trading partner and its biggest export destination, making the move economically significant. The new US tariff move is a warning shot, but not a shutdown of the India–US trade relationship. Washington has lowered the rate for India from the earlier […]
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Trump imposes 50% tariffs on Canadian imports. The White House said Canada’s policies unfairly disadvantaged American exporters while favouring other international trading partners. The move, framed by the White House as a response to Canada’s “discriminatory treatment” of American exports, is set to hit a wide range of goods and revive fears of a broader
Oil prices rise after latest Middle East fighting escalates Brent crude surged 7.8% to $81.92 per barrel after US and Iran claimed control over the Strait of Hormuz. Oil climbed Monday after a weekend of strikes and heightened tensions in the Middle East, pushing energy costs higher while renewed selling in artificial-intelligence–linked chip stocks weighed
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US approves Iranian oil sales, raising hopes for peace For nearly half a century, the relationship between the United States and Iran has been defined by suspicion, hostility, and an almost impenetrable wall of sanctions. But on Monday, something remarkable happened in Washington—a crack appeared in that wall, not through force or confrontation, but through
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Jio Platforms files IPO papers, targets $4 billion listing Jio Platforms files IPO papers, eyes massive $4 billion Jio Platforms plans to issue up to 27 crore fresh shares, signaling a major fundraising push as it prepares for a landmark IPO. New Delhi: Jio Platforms Ltd, the digital-services arm of Reliance Industries, on Friday, June
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Energy Experts Warn Oil Supply Recovery May Take Months Saudi Arabia, UAE May Resume Oil Output Fastest London/Washington – ‘Not Overnight’: Energy Experts Warn of Months-Long Recovery Despite Iran Peace Deal The dramatic announcement Sunday of a U.S.-Iran peace deal and the immediate reopening of the Strait of Hormuz sent oil prices tumbling in after-hours
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Cuba’s Díaz-Canel Announces Economic Reforms to Boost Investments Cuba’s Díaz-Canel Unveils Economic Reforms to Attract Investments Fuel Shortages, Food Insecurity Drive Cuba’s Economic Reforms Fuel Shortages and Food Insecurity Spur Cuba’s Reforms Díaz-Canel Announces Major Economic Reforms: ‘Time to Change’ as Cuba Faces Fuel Crisis and US Pressure HAVANA – In a significant policy shift
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India restricts bulk diesel, petrol sales at retail outlets Ninety-day curbs imposed after abnormal fuel demand growth New Delhi — The Indian government has imposed strict restrictions on industrial, commercial, and institutional users buying petrol and diesel from regular petrol pumps, mandating that they source their fuel requirements exclusively from bulk sale points. This move,
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Centre waives excise duty on petrol with 30% ethanol. India expands ethanol blending policy, amends excise duty rules. Centre Waives Excise Duty on Petrol with Up to 30 Per Cent Ethanol The exemption was announced through a notification issued by the Ministry of Finance on Thursday, June 11. As per the notification, excise duty has
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RBI Holds Rates Steady, Warns Of Global Risks RBI Unanimously Holds Rates, Cites Global Uncertainty MPC Stands United As RBI Keeps Rates Steady RBI Holds Repo Rate, Watches Iran Conflict Closely Mumbai — In a move broadly expected by markets, the Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday voted unanimously to keep
