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Piyush Goyal, declared that the H1B visa issue is now «a thing of the past» during a meeting at Vanijya Bhavan, New Delhi. He emphasized that the topic would no longer be a point of discussion in international dialogues, marking a shift in focus towards other areas of economic and strategic partnerships. Minister Goyal's recent visit to the United States included a two-day stay in New York, where he met with CEOs of major companies to discuss reforms initiated by the Modi government aimed at boosting foreign investments in India, particularly in the pharmaceutical and diamond sectors.

Dalmia Bharat’s profit slumped by three-fifths in the September quarter as weak prices of cement weighed on earnings, even as the cement-maker sold more cement during the quarter as compared to the previous year. The New Delhi-based company clocked in a net profit of Rs 49 crore for the quarter, down more than 60% on year, while income from operations was more than 2% lower at Rs 3,087 crore. Even though it sold 6.7 million tonne of cement during the quarter – over 8% higher as compared to the previous year – earnings before interest, tax, depreciation and amortization fell nearly 27% on year to Rs 434 crore.

Subscribe to enjoy similar stories. New Delhi: The Indian government is considering a safeguard duty on steel imports to curb the influx of cheap steel into the country and protect the domestic industry. Imported steel, especially from China, costs about 30% less than domestic steel even with customs duty factored in, according to industry estimates.

China at the World Trade Organisation (WTO), turning the heat on non-transparent subsidies that lead to an influx of low-priced, poor-quality goods into the country, harming its local industries. New Delhi flagged concerns over several trade issues during a review of Beijing's trade policies. It highlighted China's cross-border data regulations and laws, export control measures on critical raw materials, and non-tariff barriers that adversely impact pharma exports, besides export bans on critical minerals.

Subscribe to enjoy similar stories. Federal prosecutors charged an employee of India’s intelligence service with allegedly directing an audacious plot to kill a vocal Sikh activist in New York, an escalation in a long-running investigation that has threatened a rift in the U.S.-India alliance. Vikash Yadav, 39, a now-former employee of India’s foreign intelligence service, faces murder-for-hire charges in connection with the alleged plot that was first revealed last year.

Subscribe to enjoy similar stories. New Delhi: The department of consumer affairs (DoCA) has decided to withdraw from framing guidelines for e-gaming and cancelled a planned study for protecting the growing number of online gamers, two people aware of the developmen said, after draft rules were issued by the ministry of electronics and information technology (MeitY). Bengaluru’s National Institute of Mental Health and Neurosciences (Nimhans) was to conduct the study on “disruptive impulse control behavioural patterns of online gaming that may cause vulnerabilities," with the plan to notify new rules after the completion of the detailed pan-India study.

Subscribe to enjoy similar stories. New Delhi: The onslaught of artificial intelligence has polarized many, but innovators, inventors, and investors all agree that its impact will be felt across all facets of life. More important, it is critical to define both the benefits and risks from AI.

Subscribe to enjoy similar stories. New Delhi: The Union government is assessing the automobile industry's readiness to build vehicles powered by biofuels such as 100% ethanol (E100), even as the industry wants their prices to come down to make a smooth transition, two people with direct knowledge of the matter said. Ministries of road and petroleum separately met with industry executives this month to nudge them to make the shift, the people cited above said on the condition of anonymity.

World Trade Organization (WTO) suggested creation of up a Dispute Settlement Fund or reimbursement of litigation costs of trade disputes for poor countries. «India has submitted a paper at the WTO suggesting the establishment of a Dispute Settlement Fund as one option to the address the issue of litigation costs,» said an official, adding that South Africa said that establishing a fund is «essential». It has been backed by 48 countries. It draws from a proposal by the African Group that has suggested that such a fund could be financed from the regular budget of the WTO and voluntary contributions from members, with disbursements in accordance with criteria to be adopted by the Dispute Settlement Body.

Subscribe to enjoy similar stories. New Delhi: State-run Oil and Natural Gas Corp.

In conditions more reminiscent of Christchurch than Karnataka, Matt Henry bagged 5-15 while fellow speedster William O'Rourke sparkled in his first game in India with 4-22 to skittle the hosts shortly after lunch. The 46 runs were the fewest in an innings by any team playing in India, well short of the 62 the Black Caps managed against the hosts at Mumbai three years ago.

Sino-India relations following the opening of another Taiwan de facto consulate in Mumbai. China opposes moves by any countries it has ties with to engage in official contacts with Taiwan, said Mao Ning, a foreign ministry spokesperson, at a regular news conference. The Taiwanese government opened its third representative office in India on Wednesday, Taiwan's official Central News Agency reported, adding to existing offices in New Delhi and Chennai.

Radisson Hotel Group has launched Braille menus in its hotels across South Asia. This initiative aims to make dining easier for guests who are visually impaired. The launch is part of a partnership with the Confederation of Indian Industry’s (CII) Young Indians. With the introduction of Braille menus at its 125 hotels, Radisson Hotel Group allows visually-impaired guests to explore their meal options and make their own choices. This helps them feel more independent during their dining experience. Additionally, some hotels will use scannable audio QR codes, letting guests listen to the menu at their own pace. “Introducing Braille menus is an important step toward building inclusive dining experiences, ensuring that everyone—regardless of their abilities—feels valued,” Nikhil Sharma, Managing Director and Senior Area Vice President for South Asia at Radisson Hotel Group, said

Subscribe to enjoy similar stories. New Delhi: Jamshyd N Godrej, chairman of consumer goods to engineering solutions firm Godrej & Boyce, has pitched for a new government policy to phase out old and inefficient cooling products such as air-conditioners and refrigerators from the Indian markets by incentivising the switch to appliances that consume less energy.

KumKum Dasgupta, Mercedes-Benz board member Renata Maria-Anna Jungo Brüngger lays out the luxury and commercial carmaker’s elaborate plans for a sustainable business – they go beyond climate protection. India is a growing market for Mercedes-Benz. Recently, it sold 5,117 vehicles in Q3 2024, marking a robust 21% growth. The company's battery EV portfolio has also garnered customer traction, growing by 84% y-o-y. However, the company’s commitment to sustainability extends far beyond automobile tech, says Renata Maria-Anna Jungo Brüngger, member, board of management, Mercedes-Benz Group AG for Integrity, Governance & Sustainability, who was in New Delhi this month.

Justin Trudeau admitted that his government had not provided «hard evidentiary proof» when accusing India of involvement in the killing of Khalistani terrorist Hardeep Singh Nijjar, the Ministry of External Affairs (MEA) on Thursday said Trudeau’s statement «only confirms» what New Delhi has maintained «consistently all along.» The MEA also blamed Trudeau's «cavalier behaviour» for damaging relations between India and Canada. «What we have heard today only confirms what we have been saying consistently all along—Canada has presented us no evidence whatsoever in support of the serious allegations that it has chosen to level against India and Indian diplomats,» MEA spokesperson Randhir Jaiswal said in an official statement. He added, «The responsibility for the damage that this cavalier behaviour has caused to India-Canada relations lies with Prime Minister Trudeau alone.»

Subscribe to enjoy similar stories. Auction house Saffronart is currently hosting a Fine Jewels and Silver Auction on its website, featuring a selection of 131 lots. On offer are a pair of spinel, natural pearl, emerald and diamond earrings by The Gem Palace ( ₹1.30-1.80 crore), a Colombian emerald and diamond necklace ( ₹1.20-1.80 crore), a pair of diamond earrings ( ₹45-55 lakh), among others.

Malaysia Airlines and IndiGo entered a strategic codeshare partnership following the Memorandum of Understanding (MoU) signed in April 2024. The partnership aims to boost connectivity and elevate the traveller experience across its key hubs within Malaysia and India.

An Air India flight en route from New Delhi to Chicago made an emergency landing in Iqaluit early Tuesday morning following what RCMP say was a bomb threat.

Subscribe to enjoy similar stories. New Delhi/Bengaluru: They are worlds apart, but both Radhakishan Damani and Mohammed Shafiq find themselves battling a common enemy today. Avenue Supermarts, Damani’s food and grocery retail chain, which operates nationwide, and City Food Point, Shafiq’s small convenience store in Bengaluru’s upscale Indiranagar neighbourhood, are under siege from quick commerce, a retail channel that came into its own during the covid pandemic.

The effective import duty on fresh, soft and hard dates is between 20-30% but under the CEPA, their imports are duty-free. New Delhi imposes 200% duty on direct imports of all products from Pakistan since 2019. “Industry has flagged concerns that dates are coming from Pakistan via the UAE and undue benefiting from our trade pact,” said an official, adding that the ministries of commerce and industry, and finance are examining the issue.