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News 16 October 2026

 

What's New...

 

India-US Trade Deal Nears Completion; Trump to Decide on Russian Oil Sanctions Within 10 Days

September Exports Stagnant at $44.4bn but Imports Up $4bn Over Aug

September Exports Rise 23% as Merchandise Trade Deficit Narrows; Shipments to US Rise 11%

Committee on Trade Concerns Emerges as Second Channel as Regulator Dispute Settlement Caught in Stalemate

Piyush Launches Strategic Trade Command Platform Said to Improve on Existing Trade Connect Window

Four Chennai Residents Arrested at Bengaluru Airport for Alleged Gold Smuggling from Dubai

Sitharaman Hopes for Early India-US Trade Deal, Flags China’s Non-Tariff Barriers

NITI Aayog Unveils Framework for Sustainable Data Centre Growth Across States

1.755 MT of Organic Palmyra Jaggery Powder Exported from Tamil Nadu to Bulgaria

Climate Change, El Niño and Conflict Drive Global Sugar Prices Higher, Hitting India Hard

China Proposes New Export Bans and Restrictions on 40 Technologies Across AI, Biotechnology and Solar Power

China Launches Multi-Agency Probe into Maextro EV Brake Failures Amid Stricter Vehicle Safety Oversight

Chinese EV Makers Capture 85% of Thailand’s Market, Threatening 700,000 Auto Industry Jobs

Bipartisan Group of 20 Reps Call for Russia Oil Sanctions as 18 Oct Date for Implementation Nears

Minister Claims India US Trade Deal Nearing as India wants Equal Stations in Tariff Rate with Neighbours

Pakistan Companies Move into Lithium Battery Assembly with China Partners

Russia-Ukraine War Expands to Data Centres, Disrupting Digital Services and AI Infrastructure

 

15.10.2026

Aluminium Cans for Beverages under Compulsory BIS Certification Shifted from 1 Oct 2026 to 1 April 2027, Utensils from 13 Oct 2026

Mandalgarh, Bhilwara (Raj) ICD Notified for Loading and Unloading of Goods

Advanced Chemicals, Petrochemicals and Material Technologies Included under Rs 1 lakh cr Research, Development and Innovation (RDI) Scheme

India with Sri Lanka are the World Largest Exporter of Coir Derived from Coconut Husk. Export Market Good

Ban on Pak Imports Forces Rock Salt Reroute from Neighbouring Countries

Nirmala in Bangkok 14 to 18 Oct for Fund Bank Meet

World Standards Day Celebrated in India as Restrictions throw the Spanner in the Works

India and Brunei Review Trade Ties, Identify New Areas for Economic Cooperation

DoT and ITU Organise AI for Good Build-a-thon 5.0 to Develop Policy-Compliant AI Solutions for 5G

Rising Inflation and Cost-of-Living Crisis Put Republicans at Risk Ahead of US Midterm Elections

Tesla and Luxury Automakers Bet on Electric Cars Priced Above $100,000

Trump Administration’s Tariffs Fail to Reduce U.S. Trade Deficit or Significantly Boost Manufacturing

Trump’s Diesel Deal with Putin Unlikely to Reduce High Fuel Prices Significantly

Gas up 34% and Diesel 72% in US

Chinese Carmakers Dominate Paris Motor Show

Canadian Softwood Lumber Import into US under 24.75% Duty as Local Industry Clamours for Protection

Banned De Minimis Duty Free $800 Shipment Substitute under Informal Entry of Postal Shipment Procedure Date Extended to 20 Jun 2027 from 20 Oct 2026

Solar Cells from India, Indonesia and Laos under Anti-dumping Plus Anti-Subsidy Duty in US after Positive Finding by ITC

Vietnam Runs up Trade Surplus of $163bn with US in First Eight Months, Deal Likely in Dec

Japan to Open Two Chip Factories in US through Global Foundries and Abu Dhabi Money

Mideast Tanker Attacks Surge, but Oil Exports Hold Steady Amid Rising Shipping Costs

Attacks on Ships in Strait of Hormuz Surge, Raising Global Oil Supply Concerns

Anthropic’s Revenue Surges 45% to $16.8 Billion Ahead of Potential $100 Billion IPO

Europe Industry Support EU Restrictions on Metal Scrap Export to India

 

 

 

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Last Updated on 16-10-2026