Month: September 2026
India secures 1.9 MT steel export quota to EU, expects total access to reach 2.8 MT
New Delhi: India has received country-specific tariff-rate quota of 1.9 million tonne (MT) annually for steel exports to the European Union, while the government expects…
Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge
The Finance Ministry on Thursday rejected allegations that US pressure influenced the decision to impose a 0.4% Merchant Discount Rate (MDR) on select UPI payments,…
AITUC calls for periodic revision of wage ceiling under EPFO
The All India Trade Union Congress (AITUC) AITUC has called for a regular and automatic mechanism for periodic revision of the wage ceiling under the…
India’s August exports rise 26.1%, trade deficit narrows to $26.9 billion
Kolkata: India’s merchandise exports accelerated sharply in August, rising 26.1% year-on-year to $43.8 billion from 19.6% growth in July, even as slower import growth helped…
India must not let energy security become a US trade ‘weapon’, warns GTRI
Washington could use the threat of tariffs of up to 100% to pressure India into cutting Russian oil purchases and making concessions in a bilateral…
India rice output set for biggest drop in nearly 20 years as weak rains hit yields
Mumbai: India’s rice production is set to fall this year for the first time in a decade, and by the most in nearly 20 years,…
India’s billion-dollar trade juggernaut has an unwanted case of missing balance
Trade deals were supposed to be a two-way street for India. But about 15 years after it opened the gates wider to the Association of…
Centre opposes cryptocurrency regulation over investor risks
The Union finance ministry ruled out setting up any regulatory regime for cryptocurrency, arguing that this could lend legitimacy to the sector and create a…
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say
The US Federal Reserve’s return to interest rate hikes is turning up the pressure on India, pushing the rupee past 96 against the dollar and…
What exactly are the AI chiefs suddenly so worried about?
Dario Amodei says there’s a risk of losing control of AI systems. Sam Altman says OpenAl would “melt” all its GPUs if that’s what it…