Budget 2026: Jewellery sector seeks duty rationalisation, reforms and GST cuts

[ad_1] For the Union Budget 2026-2027, India’s gems and jewellery industry is urging the government for a mix of GST cuts, customs reforms and policy changes to counter global trade headwinds and improve export competitiveness.In its pre-Budget memorandum submitted to finance minister Nirmala Sitharaman, the Gem and Jewellery Export Promotion Council (GJEPC) highlighted measures aimed…

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US govt to acquire 10% stake in USA Rare Earth, ramps up efforts for domestic production

[ad_1] The US government is set to acquire a 10% stake in Oklahoma-based USA Rare Earth, as part of Trump administration’s $1.6 billion investment. The package is aimed towards supporting the firm to develop a local mine and magnet production facility, according to two sources familiar with the deal.In addition to this government-backed investment, USA…

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EU chief Ursula von der Leyen arrives in Delhi to firm up trade, defence and mobility deals

[ad_1] European Commission President Ursula von der Leyen arrived in New Delhi on Friday, beginning a four-day visit aimed at firming up a series of big-ticket initiatives to expand India–European Union ties, PTI reported.Von der Leyen’s visit comes ahead of summit talks between India and the EU, with President of the European Council Antonio Costa…

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Seven years in jail, but no proof of dowry death: Supreme Court corrects trial court error – here’s what the case is about

[ad_1] When Karan Singh (Appellant) found himself standing alone, convicted of dowry death and cruelty under Section 304-B (Dowry Death) and Section 498-A of the Indian Penal Code, 1860, his legal options narrowed significantly. Though tried alongside his parents, who were acquitted, the Sessions Court convicted Karan Singh, sentencing him to seven years rigorous imprisonment…

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Bessent signals easing of Russian oil tariffs on New Delhi while frowning on EU -India FTA

[ad_1] Scott Bessent (File photo) TOI correspondent from Washington: US Treasury Secretary Scott Bessent signaled a prospective removal of the 25 per cent penalty tariffs on India for its purchase of Russian oil, citing “success” in Washington’s pressure tactics while appearing to disapprove the outreach of the European Union, which is on the verge of…

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New national electricity policy proposes automatic, annual tariff increase

[ad_1] LUCKNOW: The proposal to automatically raise electricity bills every year — even if state regulators fail to issue timely tariff orders — has ignited controversy over India’s new draft National Electricity Policy (NEP), 2026.The Union ministry of power published the draft policy on Jan 20, inviting comments and suggestions from stakeholders within 30 days….

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World Bank clears Rs 5,700 crore for ‘Jal Sanrakshit’ Haryana, canal revival and micro-irrigation at core

[ad_1] The World Bank has approved technical and financial assistance of Rs 5,700 crore for Haryana under the ‘Jal Sanrakshit Haryana Project’, aimed at making the state self-reliant in the water sector, Chief Minister Nayab Singh Saini said on Saturday.Chairing a review meeting on the programme, Saini said the funds will be released in phases…

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