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President Trump announces 59% cuts in US prescription drug prices, one day after new pharma policy

WASHINGTON : US President Donald Trump announced on Monday, May 12, that the US government is reducing prescription drug prices by 59 per cent,...

Trade deal with India may take time: US Commerce Secretary Howard Lutnick

WASHINGTON D.C. : A trade deal with India may take time as a long list of tariff lines need to be negotiated, the US...

US cuts tariffs on Chinese goods to 30%, China lowers American levies to 10% in 90-day truce

WASHINGTON D.C. : The United States will reduce tariffs on most Chinese goods from 145% to 30% for a 90-day period, while China will...

Construction permits, GST, labor laws among top challenges for MSMEs: Assocham advocates reforms

NEW DELHI : Industry body Assocham has called for reforms in national and state-level policies to ease the regulatory regime for MSMEs in the...

MoPSW wants to ensure Indian banks take up ships as collateral to boost ship-making & financing

NEW DELHI : Indian banks are being pushed to accept ships as collateral for shipbuilding loans - a bold move to turbocharge India’s maritime...

India-UK FTA: No import duty cut for British wine, limited concession on beer

NEW DELHI : India will not offer any import duty concessions on British wines and is providing only limited duty relief on UK beer...

Not just tourism, India has $12 billion trade with Turkiye and Azerbaijan   

NEW DELHI : The ongoing tension between India and Pakistan is set to impact the Indians travelling to Turkiye and Azerbaijan, who have expressed...

Container shipping firms cut Asia-US Service as Trump tariffs collapse trade

LOS ANGELES : Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald...

India and Chile sign Terms of Reference for CEPA Negotiations

NEW DELHI : India and Chile signed the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA) on 08 May 2025, marking...

DPIIT notifies the expansion of the CGSS to increase capital mobilization for startups

NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the expansion of the...
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