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New EU Steel Quotas May Cut India's Exports By 40%: EEPC India

New Delhi, July 2 -- India's iron and steel exports to the European Union (EU) could fall by approximately 40 per cent under the bloc's new country-specific steel import quota regime, translating into... Read More


Bharat Tex 2026 to Bring Global Textile Industry Together in New Delhi from July 14-17

New Delhi, July 2 -- Bharat Tex 2026, India's largest global textile exhibition, will be held at Bharat Mandapam in New Delhi from July 14 to 17, bringing together stakeholders from across the textile... Read More


RBI's Forex Swap Facility To Lower Funding Costs, Boost Overseas Borrowing: S&P Global

New Delhi, July 2 -- The Reserve Bank of India's (RBI) concessional forex swap facility will reduce funding costs for government-owned financial institutions and is likely to prompt an increase in the... Read More


Govt Notifies Amended Coal Block Rules, Allows Insurance Surety Bonds Over Bank Guarantees

New Delhi, July 2 -- The Ministry of Coal has amended the Coal Blocks Allocation Rules, 2026 to allow the use of Insurance Surety Bonds (ISBs) in place of Performance Bank Guarantees (PBGs) for coal b... Read More


NITI Aayog Working On Incentives, Policy Framework To Accelerate Critical Mineral Mining

New Delhi, July 2 -- NITI Aayog is developing policy recommendations on royalty structures and incentive mechanisms to boost critical mineral extraction and strengthen India's value chain, Anupam Lahi... Read More


Factoring, TReDS Adoption Can Boost MSME Liquidity And Export Competitiveness: Industry Leaders

Mumbai, July 2 -- Senior industry and financial sector leaders said greater adoption of factoring and the Reserve Bank of India (RBI)-regulated Trade Receivables Discounting System (TReDS) can signifi... Read More


MPEDA Concludes Second National Skill Olympiad on Seafood Value Addition at Seafood Expo Bharat 2026

New Delhi, July 2 -- The Marine Products Export Development Authority (MPEDA) concluded the second edition of the National Skill Olympiad on Seafood Value Addition during Seafood Expo Bharat 2026 in K... Read More


India and Seychelles to Swap Scientific Expertise Under New Agricultural Work Plan

New Delhi, July 2 -- The Indian Council of Agricultural Research (ICAR) and the Agriculture Department under Seychelles' Ministry of Fisheries, Agriculture and Blue Economy have signed a Memorandum of... Read More


Russia Begins Importing Gasoline From India Amid Fuel Shortages

New Delhi, July 2 -- Russia has begun importing gasoline from India by sea to address fuel shortages caused by Ukrainian attacks on its energy infrastructure, according to industry sources. Russia Tu... Read More


India Unlikely to Raise Inflation Target, May Lower It Long Term: RBI Governor

New Delhi, July 2 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said India is unlikely to raise its official inflation target and may even consider lowering it over the long ter... Read More