Piyush Goyal (PTI photo) NEW DELHI: Commerce & industry minister Piyush Goyal said Sunday that the govt has aggressively sought to push the farm sector’s interests in the US trade deal, while protecting its sensitivities around dairy and agriculture. “We have $30-odd billion of imports. The important thing is we have $55 billion of exports…
NEW DELHI: India’s auto component industry is set for a significant boost following the India-US trade deal, with the agreement providing preferential tariff treatment for Indian auto parts exports, including zero-duty access for some products. The joint statement said India will receive a preferential tariff rate quota for automotive parts currently covered under US national…
During much of 2024 and 2025, India was one of the largest purchasers of discounted Russian oil. (AI image) Will India stop buying Russian crude oil? US President Donald Trump has signed an executive order revoking the 25% penal tariffs on India for its imports of crude from Russia. However, the executive order clearly says…
Aadhaar custodian UIDAI has completed mandatory biometric updates (MBU) for over one crore school children across 83,000 schools nationwide, according to an official statement.A child below five years can enrol for Aadhaar using photograph, name, date of birth, gender, address and birth certificate. However, fingerprints and iris biometrics are not captured at this stage as…
Garment exporters in Tamil Nadu’s textile hub Tiruppur expect shipments to the United States to double to about Rs 30,000 crore over the next three years following the India-US trade framework, industry representatives told PTI.They also indicated that the sector could generate about 5 lakh additional jobs over the next three to five years as…
India will face no difficulty in purchasing goods worth $500 billion from the United States over the next five years, with Commerce and industry minister Piyush Goyal calling the number “very conservative” given the scale of demand expected from the country’s expanding economy.Speaking to PTI Videos in an interview on Sunday, Goyal said India’s import…
The Trump Mobile T1 smartphone, earlier marketed around a “Made in the United States” pitch, will instead be produced largely overseas, with only limited final assembly expected to take place in the US, according to a report by The Verge citing company executives.Trump Mobile executives Don Hendrickson and Eric Thomas told The Verge that the…
Piyush Goyal (File photo) Union Commerce and Industry Minister Piyush Goyal on Sunday gave insights into the behind-the-scenes negotiations that shape India’s free trade agreements (FTAs).In an interview with PTI, Goyal revealed that had personally met every negotiator involved in India’s trade agreements, emphasising that negotiators are tasked with protecting their own country’s interests and…
UAE Redundancy: Can You Skip Your Notice Period? Understanding UAE Labour Law When an employee is let go due to redundancy (business restructuring or cost-cutting) in the UAE, a common question arises: Can the employee skip the notice period and leave immediately? The short answer is no, not without consequences. UAE labour law clearly sets…
Will Lewis, publisher and CEO of The Washington Post (AP file photo) The Washington Post’s publisher and CEO Will Lewis resigned on Saturday, just days after laying off 300 journalists. His sudden departure comes amid strong criticism from staff over his handling of the newspaper’s financial troubles and recent mass layoffs. Jeff D’Onofrio, the company’s…
