Economy News ( English version)

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  • PM Modi, UAE Crown Prince discuss new sovereign fund L'Imad, strategic cooperation; Malaysia ties reviewed September 12, 2026
    Prime Minister Narendra Modi and UAE Crown Prince Sheikh Khaled bin Mohamed discussed the role of L'Imad, the UAE's newest sovereign investment fund, in expanding bilateral ties, alongside cooperation in defence, space, nuclear energy and technology. Modi separately reviewed India-Malaysia ties with PM Anwar Ibrahim, including semiconductors, trade […]
  • US determines anti dumping, countervailing duty on Indian solar cells, panels September 12, 2026
    The US has finalized duties on solar cells and panels imported from India. Anti-dumping and countervailing duties were set for several Indian companies. Investigations into crystalline silicon photovoltaic cells are ongoing. The US International Trade Commission will determine injury to American manufacturers. This development occurs as India and the US nego […]
  • US judge rules that Trump plan to halve FEMA workforce violated law September 12, 2026
    A US judge ruled the Trump administration unlawfully cut FEMA's workforce. The Department of Homeland Security usurped FEMA's authority over its personnel. This action violated a federal law enacted after Hurricane Katrina. The judge found the department acted unlawfully by stopping contract renewals. Remedies and penalties for this ruling will be […]
  • Gem, jewellery exports rise 3.14% to $2.30 bn in August despite weak demand September 12, 2026
    India's gem and jewellery exports grew in August, with studded gold jewellery exports surging significantly. Cut and polished diamond exports saw volume increases, though realisations remained a pressure point. Plain gold jewellery exports declined sharply due to higher gold prices and input costs. Other value-added categories like platinum and lab-grow […]
  • BRICS leaders oppose 'punitive, discriminatory' carbon border taxes September 12, 2026
    BRICS leaders opposed unilateral measures like carbon border adjustments. They agreed to expand cooperation on intellectual property rights and AI applications. Leaders also emphasized resilient and inclusive global value chains for trade. They will explore policy levers to enhance intra-BRICS trade and connectivity. BRICS members aim for equitable participa […]

 

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