India has emerged as a dominant force in the US smartphone market, now accounting for nearly 40 per cent of the volume previously supplied by China, as Washington actively diversifies its electronics import sources.  In a landmark shift for global electronics trade, India has firmly…

India and Austria have significantly deepened their bilateral trade and investment relationship following a high-level India-Austria Business Forum held in New Delhi, marked by the signing and operationalisation of a dedicated Fast-Track Mechanism (FTM) designed to streamline investment flows and address operational challenges for businesses…

The Ministry of Commerce and Industry has launched a comprehensive overhaul of the Norms Committees under the Directorate General of Foreign Trade (DGFT), targeting faster processing of Advance Authorisation applications and smoother operations for exporters.  The Ministry of Commerce and Industry has initiated a comprehensive…

Sagarmala Finance Corporation, India’s first maritime-focused non-banking financial company, has announced plans to raise up to Rs 10,000 crore (approximately 1.08 billion US dollars) in financial year 2027 to expand lending across ports, shipbuilding, and waterways. Managing Director L.V.S. Sudhakar Babu confirmed in an interview…

Prime Minister Narendra Modi and French President Emmanuel Macron held a telephonic conversation to discuss the escalating situation in West Asia, with both leaders stressing the urgent need to restore maritime security and freedom of navigation through the Strait of Hormuz. PM Modi, shared the…