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Sweta Goswami

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India, New Zealand announce landmark trade deal, New Delhi to slash tariffs on 95% of Kiwi goods

BUSINESS

India, New Zealand announce landmark trade deal, New Delhi to slash tariffs on 95% of Kiwi goods

According to the commerce ministry, the agreement provides zero-duty market access for all Indian exports to New Zealand, while India has agreed to tariff liberalisation covering about 95 percent of bilateral trade.

How the SHANTI Bill redraws nuclear safety, security and liability rules

BUSINESS

How the SHANTI Bill redraws nuclear safety, security and liability rules

As private companies enter nuclear power generation, the new atomic energy bill lays down new rules on safety oversight, control of nuclear materials, liability caps and penalties.

India’s nuclear reset: SHANTI Bill clears private plants, caps liability, routes foreign participation via Indian entities

BUSINESS

India’s nuclear reset: SHANTI Bill clears private plants, caps liability, routes foreign participation via Indian entities

Companies such as L&T, Tata Power, Reliance Industries, Adani Group, JSW Group and Vedanta Group stand to gain as the SHANTI Bill allows private nuclear plants while keeping fuel and liability under state control. Foreign companies are barred from direct entry and will be required to route investments through Indian-incorporated entities or joint ventures under the new law.

India-Oman trade pact allows longer stays, higher transfer quotas for Indian professionals

BUSINESS

India-Oman trade pact allows longer stays, higher transfer quotas for Indian professionals

The India-Oman CEPA raises intra-company transferee quota from 20% to 50%, allows contractual service suppliers to stay up to two years with a possible two-year extension in Oman, and liberalises visas for business visitors and professionals across services sectors.

India–Oman CEPA to provide predictable visa regime for Indian skilled professionals: Piyush Goyal

BUSINESS

India–Oman CEPA to provide predictable visa regime for Indian skilled professionals: Piyush Goyal

Trade pact to ease mobility for professionals, expand market access and deepen India–Oman economic ties

India-Oman to sign free trade agreement on Dec 18 after two years of talks

BUSINESS

India-Oman to sign free trade agreement on Dec 18 after two years of talks

The India-Oman trade agreement is expected to provide a framework for expanding trade, investment and sectoral cooperation as India seeks to deepen its economic presence in the Gulf.

Govt likely to seek proposals for rare earth permanent magnet scheme by January-end

BUSINESS

Govt likely to seek proposals for rare earth permanent magnet scheme by January-end

The Rs 7,280-crore scheme targets to build a 6,000-tonne per annum rare earth magnet capacity in India.

Coal ministry proposes longer lease, removal of sale cap in push for mining law overhaul

BUSINESS

Coal ministry proposes longer lease, removal of sale cap in push for mining law overhaul

The ministry has sought comments on five proposed amendments to the mining law, which aim to align the coal sector with current mining practices, improve investment certainty and ensure better use of resources

Atomic Energy Bill’s fine print shows uranium, thorium to remain firmly under govt control

BUSINESS

Atomic Energy Bill’s fine print shows uranium, thorium to remain firmly under govt control

The Atomic Energy Bill allows licensed private participation in nuclear facilities, even as the government retains exclusive control over atomic minerals, fuel ownership and spent fuel management.

PM Modi’s Jordan visit seals agreements on energy, water, culture and digital cooperation

BUSINESS

PM Modi’s Jordan visit seals agreements on energy, water, culture and digital cooperation

MoUs on renewable energy, water management, digital public infrastructure and cultural exchange signed during Modi's first visit to Jordan, as two sides mark 75 years of diplomatic ties

Air pollution: Industries in Noida, Ghaziabad told to meet emission norms by Dec 31, says Eco Minister Bhupender Yadav

BUSINESS

Air pollution: Industries in Noida, Ghaziabad told to meet emission norms by Dec 31, says Eco Minister Bhupender Yadav

Union minister orders stricter industrial compliance as severe smog disrupts normal life in Delhi-NCR.

Battery storage cost down to Rs 2.1 per unit, govt tells Parliament

BUSINESS

Battery storage cost down to Rs 2.1 per unit, govt tells Parliament

Lower battery storage tariffs seen boosting renewable integration; govt outlines global partnerships.

SHANTI Bill to position nuclear power as backbone for data centres, 24x7 electricity: Piyush Goyal

BUSINESS

SHANTI Bill to position nuclear power as backbone for data centres, 24x7 electricity: Piyush Goyal

Union minister Piyush Goyal said nuclear power will complement solar and wind in meeting round-the-clock electricity demand in India.

Cabinet approves Atomic Energy Bill, paving way for private participation in nuclear power sector

BUSINESS

Cabinet approves Atomic Energy Bill, paving way for private participation in nuclear power sector

The SHANTI Bill opens the nuclear sector to private players across generation, mining, exploration, and even foreign direct investment for the first time.

Parliament panel flags rising PSU oil capex amid falling domestic crude output

BUSINESS

Parliament panel flags rising PSU oil capex amid falling domestic crude output

The Committee on Public Undertakings noted that project cycles of oil and gas sector projects, ageing fields and past disruptions have contributed to stagnant or declining domestic production despite high capital expenditure.

Union Cabinet clears new CoalSETU window to boost industrial use and coal exports

BUSINESS

Union Cabinet clears new CoalSETU window to boost industrial use and coal exports

New CoalSETU window opens long-term coal linkages for industries and exporters as India eyes regional markets.

Parliament panel pulls up IREL over board-level vacancies, Odisha mining JV stuck awaiting clearances

BUSINESS

Parliament panel pulls up IREL over board-level vacancies, Odisha mining JV stuck awaiting clearances

The minerals and rare earths company under the Department of Atomic Energy is under review for slow progress on key fronts.

India–EU FTA talks to spill into 2026, next round set for early January

BUSINESS

India–EU FTA talks to spill into 2026, next round set for early January

Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani said he hopes the FTA could be concluded in the first six months of 2026, though he clarified that he is not directly responsible for trade negotiations.

If the US is happy, they should sign on the dotted line: Goyal on India–US trade talks

BUSINESS

If the US is happy, they should sign on the dotted line: Goyal on India–US trade talks

Commerce minister Piyush Goyal said the current visit by the Deputy USTR, who joined recently, is not a formal negotiating round. “Negotiations are progressing well," he said on the India-US trade talks.

Govt pushes atomic minerals agency to fast-track exploration as uranium demand set to surge

BUSINESS

Govt pushes atomic minerals agency to fast-track exploration as uranium demand set to surge

With nuclear capacity set to jump tenfold, government steps up search for strategic minerals even as uranium import dependence grows.

Parliament panel seeks faster clearances of coal mine, flags delays in green approvals

BUSINESS

Parliament panel seeks faster clearances of coal mine, flags delays in green approvals

The Standing Committee on Coal, Mines and Steel has recommended overhaul of clearance framework as forest approvals stretch up to 34 months

Falling renewable costs alone won’t lower electricity bills; Govt working on action plan

BUSINESS

Falling renewable costs alone won’t lower electricity bills; Govt working on action plan

While solar and wind generation costs have fallen sharply, government officials and experts warn that without transmission, storage, and integration measures, retail power tariffs could rise.

India-EU kick off fresh round of FTA talks as clock tick on year-end deadline

BUSINESS

India-EU kick off fresh round of FTA talks as clock tick on year-end deadline

Carbon tax and market access for automobiles and steel, rules of origin, and barriers in services are the remaining sticking points, officials have said

Rare earth magnet curbs, FTA uncertainty stall govt's ambitious electric car manufacturing scheme

BUSINESS

Rare earth magnet curbs, FTA uncertainty stall govt's ambitious electric car manufacturing scheme

Asked if the scheme will be revised or the deadline extended, the Ministry of Heavy Industries replied that 'no such proposal is presently under consideration'

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