Export boost, cheaper cars & whisky: India-UK trade deal comes into effect from July 15 – How India & Indians will benefit

Considered one of India’s most significant trade agreements in recent years, CETA will provide duty-free market access for almost 99% of Indian exports. (AI image) India-UK FTA: The India-UK Comprehensive Economic and Trade Agreement or CETA comes into effect from July 15, 2026. The landmark trade deal is set to deliver several benefits to Indian…

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Lights out: How Iran quietly moved millions of barrels through Hormuz under America’s nose

Conditions around the Strait of Hormuz have worsened. As the conflict between the US and Iran escalates, supertankers are quietly transiting through the Strait of Hormuz. Iran has continued moving oil tankers through the Strait of Hormuz in recent days, even before the United States announced that it would reinstate a blockade on Iranian ports…

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Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in…

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Retail inflation jumps to 4.38% in June, driven by food, jewellery prices; breaches RBI’s 4% target

Retail inflation crosses RBI target, at 4.38% India’s retail inflation rose to 4.38 per cent in June, up from 3.93 per cent in May, as higher food prices pushed up the overall Consumer Price Index (CPI), according to provisional data released by the ministry of statistics and programme implementation (MoSPI) on Monday.Food inflation, measured by…

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