Indian refiners have used Chinese yuan to settle payments for Iranian oil purchases made under a temporary US sanctions waiver, marking a shift in payment mechanisms amid geopolitical and financial constraints. The transactions were routed through ICICI Bank’s Shanghai branch, according to sources familiar with the development.  The purchases follow a 30-day waiver granted by...Read More

The wage debate comes against a backdrop of simmering worker unrest in Haryana and elsewhere Gurgaon: Industrialists from across the state urged the govt to review the recent 35% increase in minimum wages, calling it impractical amid current economic pressures.At a meeting in Udyog Vihar, participants said industries, especially MSMEs, were already under strain due...Read More

MB Energy has been granted a permit to construct and operate an ammonia import terminal at the Blumensand tank terminal site in the Port of Hamburg, marking a significant step toward establishing Germany’s first large-scale ammonia import hub. The project remains subject to a final investment decision before construction commences. The planned terminal is designed...Read More

Industry leaders and exporters at a Mumbai roundtable urged for better policy alignment and smoother implementation to boost India’s e-commerce exports, citing persistent gaps in compliance, finance, and logistics that hinder growth for MSMEs. Industry leaders and exporters have called for stronger policy alignment and smoother implementation to unlock India’s fast-growing e-commerce export potential, flagging...Read More

Apr 18, 2026 According to data from Istat, seasonally adjusted figures for February show exports rising by 2.6 percent compared to the previous month, while imports grew by 3.5 percent. The monthly increase in exports was driven entirely by trade with countries outside the European Union, which saw a 5.3 percent rise, while exports to...Read More

Synopsis: India’s seafood exports hit ~Rs. 68,000 crore, driven by market diversification and value-added products, with the government targeting Rs. 1 lakh crore. Stocks like Avanti Feeds Ltd, Apex Frozen Foods Ltd, and others remain in focus. The Indian seafood sector is experiencing a significant surge, with exports reaching a new milestone of approximately Rs....Read More

The Trump administration is considering potential changes to North American trade rules that would raise tariff costs on US automobile imports and push manufacturers to boost domestic production, according to people familiar with the matter. US officials have discussed requiring vehicle imports to have a minimum amount of US parts, said the people, who asked...Read More

Key Takeaways The jump in fuel oil prices should spur global demand for China’s EVs, batteries and energy storage products, and solar panels. That said, excess capacity remains a challenge with intense competition in China, leading to lower average selling prices. Three Chinese solar panel stocks covered by Morningstar are currently undervalued, including CSI Solar...Read More

Summarize with:OpenAI ChatGPT Google AI Noida, Apr 17 (APAC Media):  The central government has permitted 15 major banks, including State Bank of India (SBI), HDFC Bank and Axis Bank, to import gold and silver over a three-year period from April 1, 2026, to March 31, 2029, according to an official notification reported on Friday. The...Read More

LUBBOCK, TEXAS (RFD NEWS) — Ethanol production increased last week, providing support to corn demand even as export activity dropped sharply, according to EIA data analyzed by the Renewable Fuels Association. Production rose 0.4 percent to 1.12 million barrels per day, a five-week high and more than 10 percent above year-ago levels. The four-week average...Read More