India-UK Trade Deal Set to Boost Duty-Free Steel Exports to $1 Billion
India's annual duty-free steel exports to the UK are projected to reach $1 billion under the newly active trade agreement. The boost comes after successful negotiations secured India a larger quota under the UK's new steel safeguard measures, which otherwise levy a 50 percent tariff on excess imports.
Hormuz crisis pushes Brent crude past $85 amid US-Iran tensions
Fresh geopolitical tensions between the US and Iran have pushed global crude prices sharply higher, with Brent crossing the $85 mark. Supply anxiety triggered by the escalating situation in the strategic Strait of Hormuz has reversed a recent downward trend, even as weak global demand caps further gains.
Gold-Silver Prices Slump on Stronger Dollar, US-Iran Tensions
Gold and silver prices opened weak on Monday, July 13, hit by a strengthening US dollar and rising crude oil prices amidst US-Iran tensions and a hawkish US Federal Reserve stance. Both precious metals recorded significant losses in early trading across domestic and international markets.
Govt to take action against Meta over child abuse content after tracking response: IT Secretary
The Indian government is set to take strict legal action against Meta following a compliance notice over Instagram advertisements promoting child sexual abuse content. This decision follows an investigation into algorithmic amplification of child abuse videos, drawing serious scrutiny from the IT Ministry and a public defence from Meta.
Jaguar Land Rover, luxury cars to get cheaper as import duty from UK cut to 10%
Luxury cars imported from the UK will become cheaper as India slashes import duties to 10% under the newly signed India-UK comprehensive economic and trade agreement. The phased duty reduction safeguards domestic EV manufacturing while clearing the path for zero-duty Indian EV exports to the UK starting from the sixth
PM Modi’s 3-nation tour seals Brahmos, uranium deals amid Indo-Pacific churn
Prime Minister Narendra Modi’s recent three-nation tour has significantly elevated India’s strategic footprint in the Indo-Pacific. Amid rising Chinese dominance and shifting US policies, New Delhi secured landmark agreements spanning the BrahMos missile deal, uranium supply, critical minerals, and sports diplomacy to strengthen regional partnerships.
NEET Re-Test: 30 Arrested in Bihar as Police Unearth Major Impersonation Racket
Lakhisarai police on Monday busted a major NEET re-examination impersonation racket, arresting 30 individuals across multiple centres. The arrested include dummy candidates from premier medical and professional courses, facilitators, and biometric verification personnel who allegedly used forged identity documents, including fake Aadhaar cards, to facilitate the fraud.
Himachal to Ladakh: Three New Tunnels Planned on Manali-Leh Highway at Rs 13,000 Crore
The Union Ministry of Road Transport and Highways has announced a Rs 13,000-crore project to construct tunnels at Baralacha La, Lachulung La, and Tanglang La on the Manali-Leh route. The initiative aims to provide all-weather connectivity, boost tourism, and strengthen strategic military logistics in the high-altitude Himalayan region
June Smartphone Blitz: Massive Batteries, High Refresh Rates to Dominate Launches
The Indian smartphone market is bracing for a blockbuster June 2026, with top brands preparing major launches across all price segments. From massive 9000mAh batteries to blazing-fast 165Hz displays, consumers looking for budget, mid-range, premium, or gaming devices will be spoiled for choice.
Supreme Court Upholds Retrospective GST on Online Gaming Companies
The Supreme Court has upheld the government’s decision to impose retrospective GST on online gaming companies, ruling that 28 per cent tax can be levied on the full value of bets placed through gaming platforms. The verdict is expected to have massive financial implications for the industry, with total liabilities
