The European Commission said Tuesday it would tighten import restrictions on steel from next month in a bid to shield the continent’s ailing steel sector from surging imports. The Commission also published a list of 47 strategic projects to boost the European Union’s production of 14 of the 17 materials it deems critical for its… Continue reading EU tightens steel import restrictions to protect domestic industry and energy transition
Author: Economic Times of India Online News
India eyes tariff cut on more than half of US imports to shield its exports, sources say
Under the deal, India is open to reducing tariffs on 55% of US goods it imports that are now subject to tariffs ranging from 5% to 30%. India is open to cutting tariffs on more than half of US imports worth $23 billion in the first phase of a trade deal the two nations are… Continue reading India eyes tariff cut on more than half of US imports to shield its exports, sources say
EU trade chief meets with Trump officials to try to head off ‘harmful’ tariffs
Sefcovic has said that the EU was willing to discuss reducing automotive tariffs on both sides of the Atlantic, including the EU’s 10% car tariff and the US 25% truck tariff. The European Union’s trade commissioner Maros Sefcovic was due to meet with US President Donald Trump‘s top trade officials on Tuesday to try to… Continue reading EU trade chief meets with Trump officials to try to head off ‘harmful’ tariffs
India on track to become the world’s largest automobile market by 2030: Nitin Gadkari
Updated On Mar 26, 2025 at 08:25 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals According to Gadkari, the most important issue is interoperability between charging standards adopted by car makers. India is on track to become the world’s largest automobile market by 2030, union road transport and highways minister Nitin… Continue reading India on track to become the world’s largest automobile market by 2030: Nitin Gadkari
Road accidents kill more than riots & pandemics in India, says Nitin Gadkari
Nitin Gadkari In a stark reminder of the severity of road safety issues in India, Union Minister of Road Transport and Highways Nitin Gadkari, said on Tuesday that riots and pandemics do not claim as many lives as road accidents do. Gadkari made the comments during a fire-side chat at the Times Drive Auto Summit… Continue reading Road accidents kill more than riots & pandemics in India, says Nitin Gadkari
Hyundai Steel unveils US factory plan, shares skid
Hyundai Steel’s proposed new US steel plant is part of Hyundai Motor Group’s plan to invest $21 billion in the United States. South Korea’s Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the US state of Louisiana with an annual capacity of 2.7 million tonnes, the… Continue reading Hyundai Steel unveils US factory plan, shares skid
Will Trump’s tariffs halt the rupee’s sprint against dollar?
Will Trump’s tariffs halt the rupee’s sprint against dollar? The Indian rupee, which has staged a remarkable rebound in 2025, could face headwinds as the possibility of new tariffs from the US looms. The rupee has gained 2.1% so far this month, outperforming most of its Asian peers and reclaiming levels last seen at the… Continue reading Will Trump’s tariffs halt the rupee’s sprint against dollar?
Trump’s China ship fees risk sinking US maritime jobs, supply chains
President Donald Trump’s plan to revitalize the US shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators, seaports, exporters and jobs, industry executives said at US Trade Representative hearings on Monday. At issue are proposed, stacking fees on China-built vessels that could top… Continue reading Trump’s China ship fees risk sinking US maritime jobs, supply chains
MatchLog and BLR Logistiks join forces for enhance container movement and operational efficiency
Logistics solutions provider MatchLog on Tuesday said it has partnered with BLR Logistiks to streamline container movement and boost operational efficiency in the transportation industry. The collaboration will leverage technology to enhance efficiency, minimise delays, and streamline operations in managing container management, MatchLog Solutions said. With BLR Logistiks’ extensive transportation network and MatchLog’s advanced technology,… Continue reading MatchLog and BLR Logistiks join forces for enhance container movement and operational efficiency
Delhi rolls out digital travel cards for women’s free bus rides in Rs 12,952 cr transport boost
Delhi Chief Minister Rekha Gupta announced a new digital travel card system for women to access free bus rides, during the 2025-26 Budget presentation on Tuesday. The budget allocated Rs 12,952 crore for the transport sector, reports PTI. The current pink ticket system for free bus rides for women will be replaced by a digital… Continue reading Delhi rolls out digital travel cards for women’s free bus rides in Rs 12,952 cr transport boost