CHENNAI: India’s carbon emissions have, for once, paused. In 2025, the country’s carbon dioxide output edged down, breaking a decades-long trend of steady increases. This is also the first time on record that emissions have fallen during normal economic conditions. Previous declines were seen only during exceptional disruptions, such as the 2020 pandemic and the…
Road transport and highways minister Nitin Gadkari India should aim for 100 per cent ethanol blending in the near future to strengthen energy self-reliance, road transport and highways minister Nitin Gadkari said on Tuesday. He said that vulnerabilities in oil supplies due to the ongoing crisis in West Asia have made it essential for the…
NEW DELHI: Amidst the conflict in West Asia, output in India’s eight core infrastructure industries contracted 0.4% in March, the first since last Oct, as four of the sectors registered a decline in production during the month, latest official data released Monday showed. Fertiliser output (-24.6%) saw the steepest contraction in March as plants went…
MUMBAI: Public sector insurers led by GIC Re and New India Assurance have anchored the Bharat Maritime Insurance Pool with commitments exceeding the targeted $100 million, while a $1.5 billion sovereign backstop from the govt remains central to its capacity to underwrite large risks. The pool aims to enable sea trade with countries in the…
BENGALURU: High attrition among Gen Z employees is driving a surge in backfilling across India’s global capability centre (GCC) ecosystem, even as overall hiring demand witnesses a sharp rebound.A report by Quess Corp shows Gen Z tenure has dropped below 24 months, with companies facing a 40% replacement hiring rate-meaning nearly two in five roles…
NEW DELHI: India is looking to renegotiate its free trade agreement with South Korea to address the widening trade deficit and make the pact more contemporary, commerce and industry minister Piyush Goyal said on Monday.“All options are on the table… we may even consider rewriting it into a completely new FTA because it should be…
NEW DELHI: India is working to see how it can get preferential access for its products in the US, with a delegation led by chief negotiator Darpan Jain reaching Washington for talks. “We have almost finalised the first tranche of the bilateral trade agreement. We are trying to work out what would be the mechanism…
To receive repayments, importers in the US are required to submit claims which include shipment details, applicable tariff classifications. (AI image) The US government has rolled out a system to facilitate refunds of over $166 billion from tariffs introduced by Donald Trump and later invalidated by the US Supreme Court. In February, the court struck…
New Delhi: Geopolitical tensions in West Asia pose risks to India’s trade and macroeconomic stability by widening the current account deficit (CAD), exerting pressure on the exchange rate, Niti Aayog said on Monday.The Aayog in its quarterly ‘Trade Watch Oct-Dec (Q3) FY 2025-26’ report further said that geopolitical instability in West Asia has slowed the…
Gold price prediction today: Gold prices are likely to take cues from the US Federal Reserve stance on rate cuts in the near future, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
