When Prime Minister Narendra Modi and former Japanese Prime Minister Shinzo Abe laid the foundation stone for India’s first bullet train project in Ahmedabad in September 2017, the event was presented as more than just the launch of a railway corridor.It was pitched as India’s first major step into the world of high-speed rail —…

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The Centre’s decision to exempt all customs duties on cotton imports for five months till October 30 is expected to improve cotton availability, reduce input costs and strengthen the competitiveness of India’s textile sector, the Textile Ministry said on Saturday, PTI reported.Industry bodies welcomed the move, describing it as timely relief for the textile and…

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DigiYatra, the facial recognition-based airport travel platform, will be rolled out at 27 more airports by next year, the civil aviation ministry said on Saturday, as it highlighted the initiative’s growing adoption across the country, PTI reported.DigiYatra, which enables contactless and seamless passenger movement at airports using Facial Recognition Technology (FRT), is currently available at…

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India and the Eurasian Economic Union (EAEU) are discussing a limited and temporary trade arrangement covering selected groups of goods as part of negotiations for a proposed free trade agreement (FTA), Russia’s Economic Development Minister Maxim Reshetnikov has said, according to a media report cited by PTI.Describing the negotiations as “complex”, Reshetnikov said the Indian…

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The All India Motor & Goods Transport Association (AIMGTA) has urged the Centre to reduce petrol and diesel prices, arguing that a sharp decline in international crude oil prices should be passed on to consumers and the transport sector, reported PTI.In a representation to the government, the association said global crude oil prices have fallen…

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The government has exempted all customs duties on cotton imports for five months till October 30, 2026, in a move aimed at improving cotton availability for the domestic textile industry and reducing input costs for manufacturers, PTI reported.According to a finance ministry notification, the duty exemption will come into effect from June 1, 2026.The government…

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Emerging regulatory frameworks such as the European Union’s carbon tax regime and India’s proposed Carbon Credit Trading Scheme (CCTS) are transforming environmental, social and governance (ESG) practices from a voluntary reporting exercise into a key compliance and business priority for companies, industry experts said.They cautioned that companies lacking credible carbon data systems and traceable reporting…

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The Centre has withdrawn the draft Sugarcane (Control) Order, 2026, saying it will revisit the proposed framework after receiving objections from state governments and other stakeholders, PTI reported.The Food Ministry had circulated the draft order for public comments with a May 20 deadline. The proposal sought to replace the 60-year-old Sugarcane (Control) Order, 1966, with…

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India’s economic story is expected to remain on a path of “cautious resilience” in the near term, even as global uncertainties continue to grow, the department of economic affairs (DEA) said in its Monthly Economic Review for May.However, it cautioned that the ongoing conflict in the Middle East, rising crude oil prices and the possibility…

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Looking to buy a Tesla? your ride just got Rs 9 lakh cheaper!Tesla has slashed the price of its Model Y in India by up to Rs 9 lakh as it looks to boost demand in a market where high prices have limited the appeal of its imported electric vehicles. The EV maker has introduced…

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