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News 10 August 2026

 

What's New...

 

US Senate Prepares for Max 100% Tariff on China and India for Oil and Gas Import from Russia

DGFT Clampdown on Wheat Export Quota, Asks for Utilisation detail with Threat of License Denial, International Price for HRW Wheat Firm with Fall in US Crop

US Senate Passes Russia Sanctions Bill with Up to 100% Tariffs on Top Buyers of Russian Energy Buyers China and India of Russian Oil and Gas

Oil Prices Rise as Strait of Hormuz Standoff Continues

AI Boom Sparks Memory Chip Shortage and Fresh U.S. Lobbying Push

Iran Uses Hormuz to Force Trump Honour 17 June MoU on Lifting Sanctions

Trump-Backed Crypto Venture Received $100 Million from Chinese Businessman Bobby Zhou Facing Money-Laundering Scrutiny

$128bn IEEPA Tariff Refunded Machinery, EV and Electronics Fuel China Export Growth

Machinery, EV and Electronics Fuel China Export Growth

Sony, TSMC Plan $6.3 Bn JV For Next-Gen Image Sensors in Kumamoto

China’s Factory-Gate Inflation Slows to 3.5% in July Amid Lower Fuel Prices

China’s E-Commerce Exports (Up 21 Fold in 7 Years) and U.S. De Minimis Policies

 

08.08.2026

Personal Postal Imports Through Foreign Post Offices: CBIC Prescribes Uniform SOP for Customs Clearance

CRO on TV Sets will be Implemented only from 26 January 2027, Six More Months Extension Granted

Bill to Promote 9.16 cr Registered MSME Passed by Lok Sabha

DPCO Explained with Measures for Consumer Welfare

Medical Device Market to Double in Next 10 Years, Says FICCI Study

Hong Kong Dollar- US Dollar Peg Faces Debate as Yuan Internationalises

Canada Offers Trade Concessions to Avert 50% U.S. Tariffs

Saudi Arabia, Pakistan, Turkey Sign Joint Defense Pact Amid US-Iran Tensions

 

07.08.2026

Govt Denies Ethanol Imports into India from US for Fuel Blending Even as Data Shows Import of $403 mn

Interest Subvention Scheme Implementation Shifted to EXIM Bank from RBI from 1 April 2026

DPIIT Start-ups with $1 lakh per year Export Turnover Allowed to Join DGFT “Trade Connect Website”

Dola Sen TMC Rajya Sabha MP Led Parliamentary Committee Urges Swift India–US Trade Pact, Stronger Export Safeguards

Patent Office CGPDTM Announces Tentative Dates for Patent Agent and Trade Marks Agent Examinations 2027

Health Ministry Tightens Drug Approval Rules to Curb Fake Data Submission

10th BRICS Industry Ministers' Meeting Concludes in Jaipur; Joint Declaration Covering Solar Energy Adopted

Cabinet Approves ₹23,731 Crore GOBARdhan Scheme to Scale Up India's Compressed Biogas Economy

BIOFACH INDIA 2026 Showcases India's Organic Export Potential

UK PET Threatened by Giant Indorama of Thailand, Safeguard Protection Initiated

Malaysian Pilot Arrested in Indonesia with 70,000 Ecstasy Pills

Europe's Drought Disrupts Key Rivers, Trade and Industrial Activity

China's Trade Surplus Tops $112 Billion in July, Driven by Strong Exports

Trump Signs New Executive Orders Targeting Birthright Citizenship and Birth Tourism

Trump for 15% Tariff on Polysilicon (HS 2804.61) and Downstream to Protect Domestic Industry, US Capacity Falls to Near Zero after China Onslaught

Canada in Negotiations with US as 19 Aug Deadline for 50% Tariff on $20bn Goods Approaches

Bill for Separate Pharma USTR Introduced

Congo Bans Export of Copper and Cobalt Concentrate

UK Launches Safeguard Investigation on PET Import

 

 

 

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Last Updated on 10-08-2026