‘Severely damaging’: Domestic copper sector under strain; industry warns against ‘zero-duty imports under FTAs’

Cheap copper imports under multiple free trade agreements (FTAs) are “severely damaging” India’s domestic manufacturing system, the Indian Primary Copper Producers Association (IPCPA) said, urging the government to step in with safeguard duties and quantitative restrictions.The industry body said a surge in zero-duty copper imports is eroding India’s smelting and downstream manufacturing base, even as…

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Navi Mumbai upgrade plan: CIDCO floats tender for third-runway study; feasibility report to shape future expansion

The City and Industrial Development Corporation (CIDCO) has kicked off the process to evaluate the possibility of adding a third runway at the Navi Mumbai International Airport, issuing a bid invitation for a techno-commercial feasibility study, an official told PTI on Sunday.The state planning authority has launched an e-tender for the consultancy assignment, calling for…

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Jewellery sector recovers: Exports up nearly 20% in November; GJEPC says demand returning in China, Hong Kong, Middle East

India’s gems and jewellery exports rose nearly 20 per cent year-on-year to $2.5 billion in November, buoyed by higher shipments of cut and polished diamonds, studded gold jewellery and silver items, according to provisional data released by the Gem and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports stood at $2.1 billion in November last year….

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BJP’s surprise pick for president: Why Nitin Nabin matters | India News

The Bharatiya Janata Party has once again sprung a surprise. In a significant organisational move, the BJP parliamentary board has appointed Bihar minister and five-time MLA Nitin Nabin as the party’s Working National President, making him the youngest leader to occupy the post in the party’s history.The elevation underlines the BJP’s reliance on quiet strategists…

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U.S.-China soybeans reveals food security goals. Goldman Sachs plays

China’s slow ramp up of U.S. soybean imports this year underscores how Beijing has gradually increased its domestic production, thanks to policy support. “The course of improvement in food self-sufficiency mirrors the efforts in China’s energy and chips security,” Goldman Sachs analysts said in a Dec. 9 report about China agriculture stock plays. Beijing’s top…

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Investment focus: CII pitches reforms for Budget 2026-27; industry body seeks capex push

The Confederation of Indian Industry (CII) has urged the Centre to adopt a wide-ranging set of reforms in the Union Budget 2026-27 to reinforce India’s investment-led growth cycle and sustain its position as one of the world’s fastest-expanding major economies, PTI reported.In a detailed submission for the upcoming Budget, CII recommended raising central capital expenditure…

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How HashKey Plans to Become Hong Kong’s First Crypto IPO

Key takeaways HashKey is aiming to become Hong Kong’s first fully crypto-native IPO by listing 240.57 million shares under the city’s virtual asset regulatory regime. The business extends beyond a spot exchange by combining trading, custody, institutional staking, asset management and tokenization into a single regulated platform. Revenue is growing, but the company is still…

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Evening news wrap: 11 killed in Sydney’s Bondi Beach shooting; BJP appoints Nitin Nabin as national working president and more | India News

NEW DELHI: Two gunmen opened fire at Sydney’s Bondi Beach which killed at least 11 people, prompting a major police and emergency response; one shooter is reported dead as well and the other critical, with multiple injured receiving treatment. Back home, the BJP appointed Nitin Nabin as its national working president, replacing JP Nadda. Meanwhile,…

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Wealth outlook: India set for multi-trillion-dollar expansion; MoSL sees $12 trillion value boost ahead

India is poised to enter a decisive phase of economic expansion that could redefine long-term wealth creation, according to Motilal Oswal Financial Services’ 30th Wealth Creation Study, which projects a sharp acceleration in the country’s economic and consumption landscape over the next 17 years, ANI reported.The study draws a parallel with the last growth cycle,…

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