The India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) raises several questions regarding India’s commitments in the CETA’s intellectual property chapter (Chapter 13). A problematic article in this chapter is Article 13.6, “Understandings Regarding TRIPS and Public Health Measures”, in particular its first paragraph: “The Parties recognise the preferable and optimal route to promote and…
India is the top global exporter of diamonds and the largest consumer of gold. | Photo Credit: ARKO DATTA Exports of Indian natural polished diamonds to the US – contributing 35 per cent of total exports in fiscal 2025 – is set to face further headwinds following the tariffs and penalty announced by the US,…
India’s annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to U.S. threats of additional tariffs or penalties on Indian exports, analysts said. India, the world’s third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted…
MoU represents a significant step forward in aligning industry standards with global best practices. The Institute of Chartered Accountants of India (ICAI) has inked an MoU with and Indian Association of Gold Excellence and Standards (IAGES) to implement a robust accreditation framework for value chain partners in the gold industry, which currently comprises an estimated…
Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special arrangement Union Minister of Road Transport & Highways Nitin Gadkari on Saturday (August 2, 2025) expressed confidence that India’s cost of logistics would come down to less than 10% by the end of December. The lesser the…
Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special arrangement Union Minister of Road Transport & Highways Nitin Gadkari on Saturday (August 2, 2025) expressed confidence that India’s cost of logistics would come down to less than 10% by the end of December. The lesser the…
The story so far: On July 30, U.S. President Donald Trump announced 25% tariffs on imports from India “plus a penalty”. While this puts to rest months of speculation over what the tariffs would be on Indian imports into the U.S., it opens up fresh uncertainties with respect to a potential bilateral trade agreement between…
Representational image of a n Indian Oil fuel station in Sonipat. | Photo Credit: Reuters India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Government sources told The New York Times, not wishing to be identified due to the sensitivity of the matter. “These are long-term oil contracts,”…
Gold steadied last week whereas silver depreciated. Gold ($3,363/ounce) was up 0.8 per cent but silver ($37/ounce) lost 3 per cent. Similarly, in the domestic market, gold futures (Oct) (₹99,754/10 gm) gained 1 per cent whereas silver futures (Sep) (₹1,10,258/kg) was down 2.5 per cent. MCX-Gold (₹99,754) The October gold futures was largely flat until…
U.S. stocks slumped on Friday (August 1, 2025), and the S&P suffered its biggest daily percentage decline in more than two months as new U.S. tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure. Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted…
