Kurdistan oil exports: Iraq resumes supply after two-year halt; over $35 bn revenue lost during shutdown

Iraq has restarted oil exports from its autonomous Kurdistan region, ending a suspension that lasted more than two years because of legal disputes and pipeline closures.Baghdad’s oil ministry confirmed on Saturday that crude is once again moving through the Iraq-Turkey pipeline. The line, which had been closed since 2023, has been at the centre of…

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‘Proliferation of trade-restrictive actions’: Brics declaration slams Trump tariffs; warns move to threaten global supply chains

NEW DELHI: Foreign ministers of Brics nations, meeting on the sidelines of the 80th UN General Assembly (UNGA80), slammed Donald Trump-led US administration’s tariffs on over 70 countries, calling them a “proliferation of trade-restrictive actions” that endanger global supply chains and economic stability.In their joint statement, the ministers said they were concerned “over proliferation of…

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Shailesh Chandra, Wagh to lead new TaMo units

MUMBAI: Tata Motors has reconstituted its board as its two businesses, passenger vehicles and commercial vehicles, will be under two distinct listed entities starting Oct 1. N Chandrasekaran will be the chairman of both the entities, Tata Motors (to be renamed as Tata Motors Passenger Vehicles (TMPV) and TML Commercial Vehicles (TMCV). Shailesh Chandra will…

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Trump’s 100% tariffs on branded drugs: Indian generics spared but pose risks for pharma sector – Explained

US President Donald Trump‘s announcement of a 100% tariff on imported “branded and patented pharmaceutical products” has rattled the global pharma industry, though Indian generic drug makers are largely expected to remain unaffected for now.Trump, in a post on Truth Social on Thursday, stated: “Starting October 1st, 2025, we will be imposing a 100% Tariff…

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‘Trying to get them out’: India urges Russia to release 27 more nationals allegedly forced into military; issues advisory to citizens | India News

MEA spokesperson Randhir Jaiswal (Image credits: PTI) NEW DELHI: India has asked Russia to release 27 more of its citizens who were recently recruited into the Russian military, the ministry of external affairs (MEA) said on Friday.“As per our information, 27 Indian nationals are presently serving in the Russian army. We are also in close…

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‘For national & economic security’: Trump admin mulls chip-based tariffs on foreign electronics, says report – what it means

The Donald Trump-led US administration is considering a plan to impose tariffs on imported electronic devices depending on the number of chips in each one of them, Reuters reported, citing three sourcesUnder the proposal, the US commerce department would calculate tariffs as a percentage of the product’s estimated chip value, in a move designed to…

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