Governments worldwide are moving swiftly to contain the fallout from a sharp rise in energy costs, as global supply disruptions linked to the US-Israeli war on Iran rattle markets. Surging fuel and electricity prices have prompted urgent steps to protect consumers and secure supplies, with mounting pressure on economies. In Asia, India has taken measures...Read More

27 India is preparing to reposition its seafood industry for the next phase of global competition, with policymakers targeting higher-value exports, deeper market penetration and stronger compliance standards as the sector scales up from its current growth trajectory. Backed by government investments of about ₹39,272 crore (roughly $4.7 billion) since 2015, the fisheries sector is...Read More

US President Donald Trump has signed an executive order imposing steep tariffs on imported branded pharmaceuticals, according to a report by Reuters. Under the order, patented drugs not produced in the US and not covered by government pricing agreements will face tariffs of up to 100 per cent. The measure is part of a broader...Read More

American lawmakers have introduced a legislation that would restrict the sale of advanced semiconductor manufacturing equipment to China as the country attempts to slow Beijing’s artificial intelligence (AI) ambitions, a report has said. The bill, introduced in the House of Representatives on Thursday (April 2), targets the highly specialised machines used to make sophisticated chips...Read More

President Donald Trump has ordered 100% tariffs on branded and patented drug imports to force pharmaceutical giants to shift manufacturing to America or agree to domestic price cuts, sparing India’s generic exports while hitting targeted competitors. Foreign companies avoiding full 100% duty can opt for 20% reduced rate during US plant construction phase. Total compliance...Read More

Bajaj Auto Limited reported a 20 percent year-on-year increase in total sales for March 2026, with volumes reaching 4,45,377 units compared to 3,69,823 units in March 2025, according to a company press release.  The growth was driven by both domestic and export markets. Domestic sales stood at 2,66,290 units last month, marking a 20 percent...Read More

New Delhi: The government on Thursday exempted customs duty on select critical petrochemical products for three months till June 30, aiming to cushion domestic industries from supply disruptions triggered by the ongoing West Asia conflict. Describing the move as a “temporary and targeted relief”, the Finance Ministry said it will help ensure availability of key...Read More

Global Demand Shifts Boost Indian Shipyards The global maritime industry is seeing a major shift as international shipping firms and navies seek to diversify procurement away from China and South Korea. This is creating significant opportunities for Indian shipyards. Maritime and defense exports already reached ₹23,622 crore in FY25, with a target of ₹50,000 crore...Read More

US President Donald Trump on Thursday (April 2) signed an executive order imposing sweeping new tariffs on imported branded pharmaceuticals, marking a major escalation in his administration’s efforts to reduce drug prices and boost domestic manufacturing. Under the order, a 100% tariff will be applied to branded pharmaceutical imports unless manufacturers agree to government-backed pricing...Read More

India’s Defence Exports: India sold more defence goods to other countries in FY 2025-26 than ever before. The total value reached Rs 38,424 crore. This was a very big rise from the year before. Defence Minister Rajnath Singh said the new number shows that more countries now believe in India’s defence products and factories. He...Read More