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CAG flags Rs.3.17 lakh crore in losses, idle funds and fiscal lapses in govt's FY23 accounts

New Delhi, Aug. 12 -- The national auditor has flagged potential and actual losses, idle funds, and accounting lapses totalling Rs.3.17 lakh crore in its audit of the Union government's accounts for 2... Read More


Govt draws up 50-country export plan to offset Trump tariff hit

New Delhi, Aug. 12 -- The commerce ministry has shortlisted 50 countries as priority markets for diversifying exports to cushion the impact of steep US tariffs on Indian goods, two senior government o... Read More


Centre plans to spotlight 100 PM Internship Scheme beneficiaries during I-Day celebrations

New Delhi, Aug. 12 -- As India gears up to celebrate its 79th Independence Day, the Centre plans to spotlight 100 young beneficiaries of the PM Internship Scheme, underscoring its commitment to skill ... Read More


US tariffs threaten India's diamond, shrimp, and textile exports, warns Crisil

New Delhi, Aug. 12 -- India's diamond polishing, shrimp, home textile, and carpet industries are likely to see their revenues hit harder by the United States' latest tariff hike, making exports to Ame... Read More


Govt waives BIS certification for 202 foreign steel licences to aid domestic plants

New Delhi, Aug. 11 -- New Delhi: The steel ministry has exempted 202 foreign steel licences from the mandatory Bureau of Indian Standards (BIS) quality certification under the Steel Import Monitoring ... Read More


Govt plans India's first green hydrogen electrolyser standards

New Delhi, Aug. 10 -- India's top energy efficiency agency is preparing a new standard to evaluate the performance of green hydrogen electrolysers, said two people directly involved in the matter, as ... Read More


India eyes policy reset to soften US tariff blow, plans ease of doing business hub for mfg, investment fillip

New Delhi, Aug. 9 -- With the US slapping a punishing 50% tariff on Indian goods, New Delhi is changing tack that will help in the log term. Even as uncertainty looms over a bilateral trade agreement ... Read More


Trade war, new front: India crafts plan to skirt US duties, focuses on Africa, LatAm

New Delhi, Aug. 8 -- India is preparing to counter stiff US tariffs by pivoting to new markets and offering incentives for exporters, even as Prime Minister Narendra Modi vows to protect the interests... Read More


Delhi refuses to bend as Trump slams another 25% tariff on India

New Delhi, Aug. 6 -- New Delhi on Wednesday said it will take "all actions necessary" to protect its nationalinterests, after the US imposed an extra 25% tariff on India for continuing to import Russi... Read More


Trump doubles tariff on India over Russian oil purchases, raises duties to 50%

New Delhi, Aug. 6 -- In a sharp escalation of trade tensions, US President Donald Trump on Wednesday signed an executive order imposing an additional 25% tariff on Indian exports, taking the total dut... Read More