The US accounted for 72.5% of India’s quartz surface-product exports in FY2026, according to a Global Trade Research Initiative (GTRI) report. India’s move does not amount to a formal WTO dispute at this stage. During the consultations, India could challenge the US assessment of increased imports and injury to domestic producers.
The race against time for a tariff agreement unfolds between the United States and Canada, as President Trump has set a firm deadline, warning of hefty tariffs on Canadian imports. With negotiations proving to be both intense and fragile, both nations are eager to find common ground before the clock runs out, especially given the
US stock market today: The decline was led by several of the market’s biggest recent winners, particularly companies that have benefited from the surge in artificial-intelligence spending.
In its August outlook on oil, US Energy Information Administration estimates that it will take until early 2027 for oil production and trade patterns to generally return to pre-conflict status. For how long can the global economy, and India, survive an oil shock that may be snowballing slowly to possibly hit hard?
By late 2026, India is poised to launch five to six semiconductor projects into commercial production. The second phase of the India Semiconductor Mission aims to expand its reach significantly, focusing on chip design, manufacturing, and advanced research. Moreover, the government emphasizes building a skilled workforce in semiconductor manufacturing. Semicon India 2026 is set to
On August 19, banks across Tripura will be closed in observance of a regional holiday. Other states will also experience bank holidays later this month to honor various festivals. While branch operations will be halted, digital banking services will continue to function normally. Customers should adjust their plans accordingly to account for these closures while
India is considering limited duty-free sugar imports and tighter stock limits. These measures aim to boost domestic supplies and control record high sugar prices. Wholesale sugar prices have climbed nearly twenty percent since early August. Festival season demand typically increases sweetener consumption sharply each year. The government is examining several policy options to manage market
Located along Russia’s Arctic coastline, Arkhangelsk lies on the Northern Dvina River and serves as a major cargo centre connected to the Northern Sea Route. The NSR stretches about 5,600 km across Russia’s Arctic waters. Much of the route remains covered by thick ice for most of the year.
Spot gold extended its weekly winning streak to the second straight week in the week ending August 14. It closed 0.70% higher for the week at $4376.
