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India's average crude oil import cost falls below $60 a barrel

New Delhi, Jan. 7 -- India's average crude oil import cost fell below $60 a barrel on Monday, among the lowest it has been in five years despite global geopolitical upheavals and sanctions against thr... Read More


ECGC nudges exporters towards diverse markets

New Delhi, Dec. 29 -- State-run export credit agency ECGC Ltd has upgraded risk rankings of two dozen countries, thereby substantially reducing insurance costs for Indian exporters in these geographie... Read More


India to take charge of UN-backed Kimberley Process on January 1

New Delhi, Dec. 26 -- India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time, Union commerce and in... Read More


Crypto TDS surges 41%; Maharashtra, Karnataka lead

New Delhi, Dec. 26 -- The government's highest tax deducted at source (TDS) on so-called virtual digital assets (VDA) came from crypto exchanges based in Maharashtra at Rs.293.40 crore in 2024-25, fol... Read More


India, New Zealand announce Free Trade Agreement; PM Modi calls NZ counterpart Luxon

New Delhi, Dec. 22 -- Prime Minister Narendra Modi on Monday announced the conclusion of a bilateral free trade agreement (FTA) between India and New Zealand, making it the third FTA in 2025 after pac... Read More


India-New Zealand FTA agreement announcement likely this year

New Delhi, Dec. 22 -- India and New Zealand are expected to formally announce the conclusion of a bilateral free trade agreement before the current calendar year ends, which will make it the third FTA... Read More


MSME membership on GeM tops 1.12 million

New Delhi, Dec. 22 -- The State-run Government e-Marketplace (GeM) portal has become a major support systems for domestic micro, small and medium enterprises (MSMEs) with their membership on the platf... Read More


Food security is going to become a major global challenge in the coming years: PM Narendra Modi in Oman

New Delhi, Dec. 19 -- Food security is going to become a major global challenge in the coming years, Prime Minister Narendra Modi said at the India-Oman Business Summit on Thursday and urged business ... Read More


Integrated portal to speed up visa approvals for foreign production experts

New Delhi, Dec. 18 -- Foreign professionals, including Chinese experts, needed for production-related activities in India, will now get visas easily and expeditiously through an integrated portal afte... Read More


India, Oman to sign trade agreement today

New Delhi, Dec. 18 -- India and Oman are all set to sign a free trade agreement (FTA) on Thursday, Muscat's first FTA in about 17 years after it entered into a similar deal with the US, that will furt... Read More