Dam gamble on Siang: China moves ahead with its mega project – Will India’s response face local resistance?

Tractors slowly climbed a muddy hillside in Begging village of Arunachal Pradesh’s Siang district, carrying drilling rigs and equipment for a sensitive pre-feasibility study on May 21. The goal was to assess the possibility of building a massive dam across the Siang River, called the Brahmaputra in Assam and Yarlung Zangbo in China.But on the…

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‘Let’s call it seed money’: Donald Trump says Japan to invest $550 billion in US to lower tariffs — but deal still unclear

President Donald Trump claims that Japan has committed $550 billion for US investments under a new trade framework, though the figure remains under negotiation and far from confirmed.“Japan is putting up $550 billion in order to lower their tariffs a little bit,” Trump said on Thursday, further adding that, “They put up, as you could…

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ITC announces Rs 20,000cr investment push: Focus on FMCG margin boost; Puri sees demand rebound ahead

Sanjiv Puri (left), ITC (TOI) Leading FMCG conglomerate ITC Ltd. plans to invest Rs 20,000 crore across its business verticals over the medium term, spanning the next five to six years, Chairman Sanjiv Puri announced recently, reported ET.The announcement comes shortly after the company inaugurated eight new manufacturing facilities focused on fast-moving consumer goods (FMCG),…

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India-UK trade deal: These states and sectors may benefit most from tariff cuts; full list here

Representative image (ANI) As India and the United Kingdom ink the comprehensive economic and trade agreement (CETA), several states are poised to reap substantial economic benefits, according to ET.The deal eliminates tariffs and eases market access, unlocking new export opportunities across key sectors such as textiles, engineering goods, pharmaceuticals, marine products, and handicrafts. India-U.S. Trade…

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‘Game-changing’: Piyush Goyal lauds India-UK FTA; calls it ‘stepping stone towards dream of Viksit Bharat’

NEW DELHI: Union commerce and industry minister Piyush Goyal on Saturday hailed the newly signed free trade agreement with the United Kingdom and said that the deal was signed on India’s terms.While addressing a press conference, Goyal claimed the FTA to be “important” and “game-changing,” stating that 99 per cent of India’s exports will be…

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‘Balancing strengths-sensitivities’: India secures safeguards for key sectors in UK FTA; import access to be phased

Representative image (TOI) Only around one fourth of the UK’s exports by value will receive immediate duty-free access to the Indian market, with most sensitive sectors remaining safeguarded, the government said on Friday, according to ET.Commerce secretary Sunil Barthwal, addressing the media, explained that product-specific rules of origin have been established. These include value-addition requirements…

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‘Will hurt their international trade’: Piyush Goyal warns of blowback over carbon tax; says EU may hurt itself more

File photo: Union minister Piyush Goyal (Picture credit: PTI) Union commerce and industry minister Piyush Goyal on Saturday said the European Union’s Carbon Border Adjustment Mechanism (CBAM) is likely to harm European industries more than its intended targets, including India. “There is a lot of opposition to CBAM in the EU also. EU’s infrastructure will…

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FTA momentum: Piyush Goyal confirms Oman deal ‘almost finalised’; talks with EU, US & others also moving fast

File photo: Union minister Piyush Goyal (Picture credit: PTI) India’s Free Trade Agreement (FTA) with Oman is at an advanced stage and nearly finalised, Union Commerce and Industry Minister Piyush Goyal confirmed on Saturday. He also noted that negotiations with the European Union, United States, Peru, and Chile are progressing rapidly and making ‘fast progress’….

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