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India, New Zealand adopt Strategic Partnership Roadmap to 2030 with trade target of NZ$7 billion

India and New Zealand on Saturday (local time) elevated their bilateral relationship to a “Strategic Partnership” and adopted the “India-New Zealand Strategic Partnership: Roadmap to…

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Apple sues OpenAI over allegations of trade secret theft amid hardware development (REUTERS)
Posted in Business

Apple sues OpenAI for stealing trade secrets

Apple on Friday sued OpenAI, accusing the artificial intelligence company of orchestrating a campaign to steal the iPhone maker’s trade secrets as it tries to…

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DALY CITY, CALIFORNIA - FEBRUARY 28: Toyota Tacoma trucks are displayed on the sales lot at City Toyota on February 28, 2024 in Daly City, California. Toyota announced plans to recall nearly 381,000 Toyota Tacoma pickup trucks due to an issue with parts falling off the rear axle that could result in a crash. (Photo by Justin Sullivan/Getty Images)
Posted in Business

How Trump’s Tariffs Really ‘Work’

President Trump is grasping for good economic news to rescue his underwater job approval rating. So it’s not surprising that he’s hailing Toyota’s announcement Tuesday…

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Posted in Economy

PM Modi begins New Zealand visit, trade talks in focus

Dipanjan Roy Chaudhury New Delhi: Prime Minister Narendra Modi arrived in Auckland on Friday on the first visit by an Indian prime minister to New…

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Posted in Economy

Forex reserves rise $7.3 billion as FCNR & ECB flows pick up

MUMBAI: India’s foreign exchange reserves appear to be showing early signs that targeted central bank measures to attract overseas capital might be gaining some traction,…

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‘What’s in your shopping cart?’ Govt plans first nationwide retail consumption survey

New Delhi: The government is considering launching a nationwide retail consumption survey to generate granular data on consumer spending patterns, people aware of the development…

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Posted in Economy

El Nino effect: Oilseed imports surge in April

Pune: India has rapidly increased imports of oilseeds, the raw material used for making cooking oils, amid concerns that El Nino could alter rainfall patterns…

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GST law panel clears proposal to shield buyers’ input tax credit from supplier defaults

New Delhi: The GST Council‘s law committee Friday cleared a proposal aimed at protecting buyers from losing input tax credit (ITC) if suppliers fail to…

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Posted in Economy

Road map unveiled for availing duty sops on vehicle imports under UK trade deal

New Delhi: India has notified the procedure for importers to seek government approval to avail quota-based duty concessions on imports of passenger cars and goods…

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Govt, industry brainstorms on ways to achieve $150 bn exports target for electronics

New Delhi: The government on Friday said deliberations were held with industry stakeholders on achieving the USD 150 billion electronics exports target by 2030. Speaking…

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