In a major push to India’s agricultural exports and the government’s One District One Product (ODOP) initiative, APEDA has facilitated the first-ever export of 20 metric tonnes of honey from Assam’s Baksa district to the United States, ANI reported.According to the Commerce and Industry Ministry, the consignment was flagged off on May 9 and exported…
Ashok Kumar Panda on Saturday assumed charge as chairman and managing director of state-owned Steel Authority of India Limited (SAIL), succeeding Amarendu Prakash whose tenure ended on April 1, 2026, PTI reported.Before taking over as CMD, Panda was serving as Director (Finance) at SAIL, according to a company statement.Panda joined SAIL in 1992 as a…
Gujarat has initiated battery energy storage systems with a total capacity of 870 MW at five locations across the state to strengthen grid stability and support the growing integration of renewable energy, PTI reported citing officials on Saturday.Battery Energy Storage Systems (BESS) are used to store electricity generated from solar and other renewable sources and…
China’s rare earth exports were valued at $64.2 million in April 2026, according to preliminary trade data released by the General Administration of Customs of the People’s Republic of China (GACC), ANI reported.The customs data showed that China exported 5,308.6 tonnes of rare earths during the month.China’s overall exports rose 12 per cent month-on-month in…
In a fresh regulatory challenge for French liquor major Pernod Ricard in India, the Competition Commission of India (CCI) has ordered a detailed antitrust investigation into allegations that the company entered into exclusive arrangements with retailers in New Delhi to promote its brands at the expense of rival firms, according to a Reuters report.The Competition…
Mumbai: Niva Bupa Health Insurance reported an 89.3% rise in Q4FY26 net profit under IFRS accounting standards, Rs 157.8 crore from Rs 83.4 crore a year earlier, while gross written premium grew 30.4% to Rs 3,123.4 crore.The improvement was aided by lower operating costs, higher investment income, stronger retail health premium growth and improving underwriting…
The Centre has completed the implementation of the four new labour codes by notifying the corresponding rules, more than five years after the reforms were first introduced to replace and consolidate 29 existing labour laws, PTI reported.The four codes — the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and…
For thousands of sailors stranded on nearly 1,600 ships in the Strait of Hormuz, “Project Freedom” turned out to be more of a pit stop than passage. US President Donald Trump’s much-talked-about plan to help commercial vessels cross one of the world’s most dangerous waterways lasted just 48 hours, with only two ships making it…
China’s trade stepped up pace in April, with exports surging well beyond expectations even as the Iran war and elevated US tariffs continued to cast uncertainty over global markets.Official data released on Saturday showed Chinese exports climbed 14.1% compared with a year earlier, a substantial jump from March’s 2.5% rise and a performance that outpaced…
Union commerce and industry minister Piyush Goyal held meetings with luxury company LVMH Moet Hennessy Louis Vuitton SE and beauty giant L’Oreal Groupe, focusing on growing manufacturing, exports and investment in India. In his meeting with Vincent Astoux, International Relations Director of LVMH, Goyal discussed expanding manufacturing in India to increase exports, investing in local…
