NEW DELHI: Bangladesh on Monday secured 19% reciprocal tariff from the US under a trade agreement, while managing some exemptions from reciprocal tariffs for textiles and garments manufactured using American material. While Indian exporters are keeping a close watch on the details – especially after some of the stocks took a beating – they are…
MUMBAI: For Indian companies with a global footprint, navigating regulatory complexity has moved from the sidelines to the centre of corporate strategy. Rules on trade, tariffs, the environment, labour, data, and taxation are changing rapidly and increasingly shaping business outcomes.Import restrictions, carbon taxes, anti-dumping duties, subsidies, and localisation norms are altering cost structures, market access,…
NEW DELHI: The Dadachanji Group, which is focused on pharma manufacturing and allied technologies, has forayed into building fully customised machines, medical devices, and automation solutions in pharma, healthcare, and other sectors through KAIRISH Innotech. The company will offer end-to-end capabilities across customised pharma machinery, medical device design and manufacturing, tooling and precision components, robotics…
HYDERABAD: Aarvee Engineering Consultants Limited has received the Securities and Exchange Board of India (Sebi)’s approval to proceed with its initial public offering (IPO) that comprises a fresh issue of equity shares aggregating up to Rs 202.5 crore and an offer for sale of up to 67.5 lakh equity shares by promoter Venkatachala Chakrapani Redla.The…
File photo: Union finance minister Nirmala Sitharaman NEW DELHI: Tobacco Board, under the administrative control of the Department of Commerce, has written a letter to finance minister Nirmala Sitharaman highlighting the adverse impact of the unprecedented increase in excise duties on cigarettes on the industry, as well as on millions of farmers and workers.The excise…
India will continue to import crude oil from countries where it is available at the most competitive prices and of suitable quality, while factoring in geopolitical conditions and avoiding sanctioned sources, the government told a parliamentary panel on Tuesday.Senior officials from the ministries of external affairs and commerce conveyed this position to the Parliamentary Standing…
Genome Valley Excellence Award 2026 to be conferred upon Dr Bruce Levine at BioAsia HYDERABAD: The Genome Valley Excellence Award 2026 will be conferred upon Dr Bruce Levine of the University of Pennsylvania’s Perelman School of Medicine at BioAsia this year for his contributions to cell and gene therapy, engineered T cells, and cancer immunotherapy,…
Dubai’s new property resale rule 2026: What UAE residents and expats should know before participating Long known for its dynamism, transparency and global investor appeal, Dubai’s property market has taken another step toward modernisation and liquidity with the rollout of a new resale rule aimed at activating the secondary property market. This rule, part of…
BENGALURU: Coforge and Persistent Systems continued to post double-digit revenue growth in the Dec quarter, standing out as several engineering-focused mid-tier IT companies saw growth taper or turn negative. Firms such as Tata Technologies, Cyient, LTTS and Tata Elxsi largely reported slower momentum, with revenue, margins and net profits showing signs of moderation. Coforge reported…
Rupee opened weaker on Tuesday, falling 11 paise to 90.77 against the US dollar in early trade. The currency continued in red as traders opted a cautious stance after the announcement of the interim trade framework between New Delhi and Washington. At the interbank forex market, the currency at was at 90.63 levels against the…