Uttan–Virar Sea Link Phase I approved: 55km corridor to boost connectivity in Mumbai
Mumbai is set for a massive transport upgrade with the approval of the Uttan–Virar Sea Link, Phase I. This 24.35-km bridge, India’s longest, will anchor ...
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Diamond market outlook: ALROSA CEO says India will adapt to US tariffs; natural stones to stay resilient as synthetic prices plunge
ALROSA CEO Pavel Maryinchev believes US tariff hikes on Indian diamonds will be a temporary hurdle, with the sector adapting and costs potentially passed to ...
Coal policy reform: Cabinet okays CoalSETU window for auction-based linkages; new route to allow industrial use and export
The government has launched CoalSETU, a new auction route for long-term coal supplies, removing previous end-use restrictions for industrial consumers and exports. This move aims ...
US rental aid update: Section 8 landlord payments resume after shutdown delay; $1,500 checks begin rolling out
Landlord subsidy payments of up to $1,500 under the Section 8 rental assistance program are now rolling out after federal government shutdown delays. These Housing ...
Forex monitor: India’s reserves rise by $1 bn; gold holdings jump sharply as overall kitty hits $687.26 bn
India’s foreign exchange reserves saw a significant increase of USD 1.033 billion, reaching USD 687.26 billion in the week ending December 5. This rise was ...
Trade impact: Mexico’s tariff hike to hit 75% of India’s exports; duties to rise up to 50% from Jan 2026
India’s exports to Mexico face a significant blow from January 1, 2026, as Mexico imposes steep tariffs of up to 50% on non-FTA partners. Nearly ...