tariff reduction

India and Oman have launched a free trade agreement, enabling concessional or zero tariffs on a vast majority of goods. Oman also offered a food security pact, willing to supply more fertilizer and petrochemicals to India. The agreement includes visa benefits for Indian workers and faster pharmaceutical approvals.

MSME Sector Seeks Govt Aid Through Power Tariff Concessions, Lower Fuel Prices & Moratoriums To Mitigate Impact Of Conflict

Commission Says Mechanism Not For Recovery Of Previous Dues

China signals willingness to accept existing US tariff levels while seeking to extend the current trade truce. Beijing hopes Washington will honor previous understandings, aiming to stabilize economic ties. Discussions are expected to focus on extending the one-year agreement and reducing unilateral tariffs.

Reports suggest that PM Narendra Modi-led Union Cabinet on Wednesday cleared an ordinance that will amend the Income Tax Act and enable the proposed tax exemption.

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has objected to UPPCL's calculation of the fuel and power purchase adjustment surcharge (FPPAS), stating it cannot be used for historical liabilities. The commission has demanded an explanation for nearly Rs 1,400 crore in old dues included in the March 2026 surcharge, potentially offering relief to millions of consumers facing higher electricity bills.

A GW-scale anchor buyer, free to negotiate rates with generators, sends a strong signal for investments in generation. But it doesn’t solve the problem of India’s broken distribution system

At a time of global economic turmoil, why are some global markets like the US, Taiwan and South Korea rallying? Why has the Indian stock market slipped from record highs, giving negative returns over the last few quarters?

Powerloom owners in Coimbatore and Tirupur are facing losses due to manufacturers cutting wages for the past two months, despite a recently agreed wage revision. They are demanding the enforcement of the new rates, which were set to increase after a decade, and seek legal backing to ensure fair payments.

Sharp Rise Indicates Continued Commissioning Of Large-scale Solar And Wind Projects, Along With Steady Growth In Rooftop Solar Installations And Hybrid RE Projects

NATO allies are left in a state of confusion as President Donald Trump reveals the deployment of 5,000 troops to Poland, pivoting sharply from a prior decision to withdraw the same number. This abrupt change, coming after numerous discussions on scaling back US military involvement in Europe, has sparked doubts about the reliability of American support among allied nations.

Tamil cinema's top brass has presented a wish list to Chief Minister Vijay, seeking tax relief, streamlined shoot permits, and robust anti-piracy measures. Producers and theatre owners are pushing for abolished local body taxes, lower electricity tariffs, and a single-window system for approvals, aiming to revitalize the industry amidst digital challenges.

President Trump embarks on a crucial three-day visit to China, set to engage in high-stakes talks with President Xi Jinping. Discussions will span critical global issues including the Middle East conflict, Taiwan, AI, and nuclear weapons. Business leaders are accompanying Trump, signaling a focus on trade and potential new deals, as both nations navigate complex economic and security landscapes.

India's economy has faced significant challenges from global oil price surges over the past fifty years. From the 1973 Arab embargo to the recent Hormuz disruption, these shocks have impacted inflation and foreign exchange reserves. Policymakers have continuously adapted strategies to manage these crises, balancing economic stability with consumer needs.

Canadian tourism to the US has plummeted by an average of 42%, significantly impacting major cities and industry-linked mid-sized towns. This sharp decline, attributed to President Trump's trade war, also affects business travel, with fewer tech and finance employees journeying for work. The future of cross-border travel recovery remains uncertain under current trade conditions.

As India opens its markets through FTAs, domestic cost structures, especially those linked to GST credit accumulation, become even more critical to ensure a level playing field.

Eating out is set to become significantly more expensive as commercial LPG prices have surged by nearly Rs 1,000 per cylinder. Bengaluru hoteliers are compelled to hike menu prices by approximately 10% due to this steep increase, which follows two previous hikes in recent months. This development poses a considerable challenge to the hospitality sector.

India and New Zealand have signed a 'once-in-a-generation' trade pact, granting Indian exporters duty-free access to New Zealand. The agreement aims to double bilateral trade to $5 billion in five years and includes a $20 billion investment commitment from New Zealand. Both nations are optimistic about the pact's potential to boost economic growth and cooperation across various sectors.