Rare earth supply risk: Indian electronics firms worried as Chinese curbs may hit; but can Beijing also afford this?

This is an AI-generated image, used for representational purposes only. A number of applicants under India’s Electronics Component Manufacturing Scheme (ECMS) have flagged concerns over meeting their first-year production targets due to ongoing shortages of rare earth minerals. According to ET, at least 10 companies have raised the issue with the ministry of electronics and…

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India-US trade deal: Piyush Goyal shares important update; says negotiations ‘making fast progress’

File photo: Commerce and industry minister Piyush Goyal (Picture credit: PTI) Commerce and industry minister Piyush Goyal on Saturday said that discussions with the United States on the proposed bilateral trade agreement are progressing swiftly.Addressing the media, Goyal said that negotiations with Washington are “making fast progress”, as per news agency PTI. India-U.S. Trade Deal:…

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Prada-Kolhapuri row: Piyush Goyal says India will get due credit for its design; calls it GI product

NEW DELHI: Union commerce and industry minister Piyush Goyal on Saturday said that India will get its due credit for its unique cultural products following the newly signed Free Trade Agreement (FTA) with the United Kingdom.Goyal cited the recent Prada–Kolhapuri chappal controversy and said that the government is moving to protect and promote its unique…

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India-UK FTA: Trade deal offers tariff safeguards; domestic industry gets protection buffer

Union minister Piyush Goyal (left) and Britain’s secretary of state for business and trade, Jonathan Reynolds, shake hands after they signed the free trade agreement. (Picture credit: AP) India has secured the right to impose temporary trade safeguards under its newly signed free trade agreement (FTA) with the United Kingdom, the commerce ministry confirmed on…

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‘Save, but also …’: Edelweiss Mutual Fund CEO Radhika Gupta’s advice for investors; here’s where she thinks you should spend your money

Edelweiss mutual fund CEO Radhika Gupta emphasized the importance of adopting a more well-rounded approach to personal finances, one that extends beyond the conventional emphasis on saving and long-term investing.“My job is to sell SIPs, but I always tell everyone – young and old – to take the time to enjoy the fruits of your…

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US bleach co Clorox sues Cognizant over cyberattack

BENGALURU: US household goods manufacturer Clorox sued Cognizant for $380 million, alleging that the latter’s service desk granted access to cybercriminals to Clorox’s network by providing login credentials without properly verifying the requester’s identity or following Clorox’s authentication processes.“The resulting cyberattack was debilitating. It paralysed Clorox’s corporate network and crippled business operations. And to make…

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EU sanctions on Russia oil: Indian arm of UAE-based shipping company takes a hit; Indian-origin captain of crude oil tanker faces sanctions

The scope of these sanctions is limited to EU territories, citizens, and organisations. India on its part continues to reject unilateral sanctions imposed by other nations. (AI image) EU’s sanctions on Russia oil have hit an Indian branch of a UAE-based firm. Intershipping Services Hub Private Ltd, an Indian subsidiary of a UAE-based company, has…

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