US effective tariff rate on Indian goods rises to 20.7%, up from 2.4% in 2024; escalating trade tensions cast shadow on growth outlook: Fitch report

The effective US tariff rate on Indian goods jumped to 20.7 per cent in 2025 from just 2.4 per cent in 2024, Fitch Ratings said in its latest assessment. Fitch reported, quoted by ET, noted that the overall US effective tariff rate stands at 17 per cent- about 8 percentage points lower than the estimate…

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Trump’s threat spells uncertainty for exporters

New Delhi: American President Donald Trump’s latest announcement of a possible “substantial increase” in tariffs on Indian goods, added to the uncertainty for exporters, amid indications that govt was looking at select segments of affected industries instead of a broad-based support.To go ahead with the orders for the upcoming busy season around Christmas, tariff uncertainty…

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India becomes world’s 5th largest aviation market with 241 million flyers in 2024; Mumbai-Delhi ranks among busiest global air routes: IATA data

India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to the World Air Transport Statistics (WATS) released by the International Air Transport Association (IATA).India’s passenger numbers grew 11.1% over 2023, when it handled 211 million…

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US stocks today: Wall Street rebounds as S&P 500 recovers two-thirds of Friday’s losses; Tesla, Wayfair, & Idexx lead rally

US stocks rallied sharply on Monday, recouping much of last week’s steep losses triggered by concerns over President Donald Trump’s tariff policies and weakening job data. The S&P 500 jumped 1.1% in midday trade, clawing back over two-thirds of its Friday drop. The Dow Jones Industrial Average rose 426 points or 1%, while the Nasdaq…

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Electric mobility index 2024: Delhi, Maharashtra, Chandigarh top Niti Aayog’s EV index; 29 states have EV policies in place

Delhi, Maharashtra and Chandigarh have topped Niti Aayog’s inaugural India Electric Mobility Index (IEMI) 2024, emerging as frontrunners in the country’s transition to electric vehicles. The index evaluates the performance of all states and Union Territories across 16 indicators grouped under three broad themes: EV adoption, charging infrastructure readiness, and EV technology and innovation.According to…

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IndiGo’s London leap: Airline to begin daily Heathrow flights from October 26 with leased Dreamliners; targets 40% overseas capacity by FY30

Marking its 19th anniversary with a sharp global pivot, IndiGo on Saturday announced it will launch daily non-stop flights to London Heathrow from October 26, 2025, using leased Boeing 787-9 Dreamliners, as part of a larger international expansion plan.This milestone comes as India’s largest airline by market share prepares to induct five more Dreamliners this…

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Essar’s GreenLine in Rs 400 crore deal to decarbonise Hindustan Zinc Limited logistics

NEW DELHI: Hindustan Zinc Ltd has entered into a Rs 400-crore deal with Essar group’s GreenLine Mobility Solutions for decarbonising its logistics network by deploying the latter’s advanced electric (EV) and trucks powered by liquefied natural gas (LNG).The deal envisages GreenLine deploying 100 electric trucks to replace diesel vehicles for inter-unit concentrate movement between the…

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