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Goyal Warns Against Trade Diversion By Other Countries

Financial Express Lucknow

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April 26, 2025

INDIA WOULD NOT allow itself to be used for transshipment of exports of countries facing high tariffs in the US as it will dent its image of a trusted trade partner, commerce and industry minister Piyush Goyal said Friday.

- FE BUREAU

The US has imposed 145% tariffs on imports from China while for other additional tariffs are just 10%. This difference is a major disruptor of global trade flows and is prompting companies to rethink their sourcing strategies.

"At no point of time will we allow India to become a route for transshipment or breaking the rules of origin so that other countries bring material into India, do a little bit of processing and supply it to a third country," Goyal said at the 6th India Steel International Conference.

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Auto tech funding in Delhi-NCR rises fivefold in Jan-Sept

AUTO TECH FUNDING in Delhi-National Capital Region (NCR) has risen 517% in the first nine months of 2025, netting $1.3 billion compared with $218 million in the same period of 2024.

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November 26, 2025

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'With Sierra, we're targeting SUV market share of 20-25%'

Tata Motors relaunched the Sierra on Tuesday. Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, tells Akbar Merchant the SUV should appeal to younger buyers looking for something different in terms of styling, a premium feel and who want their SUVs to reflect their personality. Excerpts:

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1 mins

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Financial Express Lucknow

New norms for debenture trustees unveiled

ISSUING DETAILED GUIDELINES for debenture trustees (DTs), Sebi on Tuesday said they need to have a separate business entity for carrying out non-Sebi regulated financial activities.

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1 min

November 26, 2025

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The quest for cultural relevance

LIVE EVENTS CAN PROVIDE A SPIKE IN SALES AND VISIBILITY BUT ARE YET TO EMERGE AS A MAJOR REVENUE STREAM

time to read

3 mins

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Financial Express Lucknow

Labour codes to push social security cover to 85% in 3 yrs: SBI Research

THE IMPLEMENTATION OF the four new labour codes will boost social security coverage to 85% in next 2-3 years and would generate additional employment for 7.7 million people, a report by the State Bank of India Research said on Tuesday. It, however, cautioned about the possibility of short-run frictions followed by medium-run gains as compliance costs fall and formal hiring expands.

time to read

1 mins

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Financial Express Lucknow

Ayni exit may limit regional outreach

As geopolitical competition intensifies in Central Asia, India will have to prioritise transparent and reliable connectivity strategies

time to read

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Financial Express Lucknow

Govt may divest 25% in infra lender IIFCL

IPO TO INCLUDE FRESH EQUITY & STAKE SALE

time to read

1 mins

November 26, 2025

Financial Express Lucknow

Cabinet nod to rare earth PLI soon

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time to read

2 mins

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Financial Express Lucknow

Tata relaunches Sierra starting at ₹11.49 lakh

TATA MOTORS RELAUNCHED the popular Sierra model on Tuesday with the price starting at ₹11.49 lakh (ex-showroom, introductory).

time to read

1 min

November 26, 2025

Financial Express Lucknow

Jubilant FoodWorks pulls ahead of peers with quick service

. Reports strong same-store sales growth for fourth straight quarter

time to read

2 mins

November 26, 2025

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