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News 03 September 2026

 

What's New...

 

GIFT IFSC Mobilises Over $52.8 Billion Through FCNR(B) Swap Facility, Strengthening India’s Global Banking Hub

Duty Free Timber Import Allowed from Bhutan after Methyl Bromide Fumigation and Heat Treatment

RBI Dispenses with Two Reporting Requirements for Reporting of Rupee Accounts for Authorised Dealer Banks

Piyush Urges Auto Component Industry to go Global even as Industry Complains High Price of Specialised Steel and Metal Inputs

Seven New FTAs and Deepening of East Asia Deals on the Anvil

BRICS IP Offices Adopt Updated Guidelines to Boost Innovation and Cooperation

India-Belgium Deepen Strategic Partnership with Focus on Trade, Defence, Technology and Green Energy

CCPA Fines Dial4Trade ₹10 Lakh for Listing Ammonium Nitrate Without Mandatory Safety Checks

Bangladesh’s Possible ‘Islamic NATO’ Entry Raises Strategic Concerns for India

APEDA Facilitates Export of 18 MT of Tripura’s Organic Ethnic Rice to Austria and Netherlands

Dutch Advisory Council Urges EU to Seek China Trade Deal While Preparing for Stronger Defences

Trump Imposes Tariffs of Up to 100% on Foreign-Made Drones, Intensifying China Supply-Chain Push

Trump’s Beef Policies Face Criticism as Imports Rise but Domestic Supply Takes Years to Rebuild

Chevron to Invest $7 Billion to More Than Double Venezuela Oil Output to 600,000 BPD

ByteDance Plans $119–143 Billion AI Data-Centre Expansion in Inner Mongolia

 

02.09.2026

Six Pillar Semicon 2.0 Scheme Notified for Six Year Duration Covering Both Domestic and International Companies, China Role Not Clarified

No Takers for Sugar TRQ, DGFT Invites Fresh Applications for Balance 2.03 Lakh MT Raw Sugar TRQ

SCMTR 2018 to Become Operational Across Ports from 1 September 2026 in Phased Manner

Implementation Dates for New Manifest Regulation Extended by Another Two Months to 31 Oct 2026 from 31 August 2026 in Most Customs Ports

SAED Windfall Tax on Petrol Raised to Rs. 1.5 per litre from Nil

ATF Export SAED Windfall Tax Cut to Rs. 19 per litre from Rs. 19.5 per litre

Diesel Road and Infrastructure Cess (RIC) Rate on Exports of Hiked to Rs. 1 per litre from Nil

Indo Aghan Talks on Trade Facilitation Held Without Talk on the Pak Factor Between the Two South Asians

G20 Finance Talks Expose Growing Rift Between Trump Administration and U.S. Allies

G20 Finance Meet in Carolina Results to Reach Joint Statement as China Rejects Criticism of Export Strategy

PM Modi Calls for Stronger Security, Connectivity and Cooperation at 26th SCO Summit

Description: SMM adopts Indian ferrous scrap prices featured imageShanghai Metals Market (SMM) Launches Daily Indian Ferrous Scrap Price Assessments

Strait of Hormuz Attacks Send Oil Prices Above $90 as Shipping Risks Escalate

Trump Administration Strikes Unusual Venezuela Oil Deal to Expand U.S. Control Over Vast Reserves

 

 

 

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Last Updated on 03-09-2026