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News 17 June 2026

 

What's New...

 

Customs Allows NABL Labs Testing for Export Consignments

No MOT Customs Fee for Cruise Passenger and Their Baggage

G7 Meet Signals Remarriage of Europe with America

G7 Meet Resolves Joint Action on Migrant and Drug Smuggling

Modi Meets Carney in G7 Summit

India Allowed to Attend Side Show in G7 Meet

G7 Leaders Gather in France Amid Global Crises and Shifting Geopolitics

Modi may Meet Trump in France after Standoff in Canada

PM Modi Raises Concerns Over Hormuz Trade Disruptions as G7 Leaders Push for Action on Ukraine and Russia

EU Carbon Tariff Creates Major Challenges for Chinese Steel Exporters

Outstanding Nuclear Issue to be Tackled in US Iran Final Deal on Friday in Geneva

 

16.06.2026

May Exports Rise Marginally by 3.8% Over April; 20% Jump in Engineering. Mainly Steel and Capital Goods, Electronics including Mobile Stable

Diesel Export Duty Raised by Rs. 0.50 per litre to Rs. 14 per litre in Fortnightly Review even as Indian Industry Pays Extra Rs. 50 per litre

Windfall Tax on ATF Export Raised by Rs. 3 per litre to Rs. 12.5 per litre w.e.f. 16 June, 2026

Tariff Value for Gold Up by US$ 5 per 10 grams to US$1348 per 10 grams and Silver by $83 per kg to US$2175 per kg

Cough Syrup Now under Licence as Quality Concerns and Alcohol Dominate Thinking

Modi in Spa Town Near Geneva for G7 Meet

Modi Slovakia, Concludes Agreements

PM Modi’s Slovakia Visit Delivers 11 Agreements, AI Partnership, Defence Cooperation and Comprehensive Partnership Upgrade

India and Slovakia Forge Comprehensive Partnership, Deepen Cooperation in Defence, Technology, Trade and Counter-Terrorism

Largest Foreign Office Network BoB to Pick up $3bn in Rupee Dollar Swap Deals

RBI Revives 2013 FCNR(B) Scheme, Eyes Up to $50 Billion in Foreign Inflows to Boost Rupee and External Stability

HUDCO Joins Forex Swap Bandwagon as RBI Picks Currency Risk Tab

MeitY Pushes AI-Led Transformation of IT Sector, Calls for Large-Scale Reskilling and Talent Development

Plug-In Balcony Solar Panels Gain Momentum as Affordable Clean Energy Option for Millions of Americans

China Emerges as Key Players in Oil Price Turmoil with Controlled Consumption

U.S. Customs Seizes 1,578 Counterfeit FIFA World Cup 2026 Items in Indianapolis Operation

Iran War Permanently Altered the Global Economy

 

15.06.2026

Hormuz Reopening may Ease Asia’s Energy Crisis, but Economic Damage Could Last Months

Breaking News…

Customs Audit Withdraws 131 Show Cause Consultation Letters Issued by Nhava Sheva Audit to Pulse Importers

India Claims Fertiliser Self Reliance as Energy and Rare Material Inputs Remains Import Dependent

Modi Launches Innovation Meet in Nice with Macron

PM Modi at Bharat Innovates 2026, France: India Invites the World to Co-Create the Future

India–France Innovation Roadmap 2030: Strengthening Strategic Technology & Innovation Partnership

India-France Collaborate on Aerospace and Nuclear in Backdrop of Rafale Purchase

Oil Falls to $80 and Markets Rally after US Iran Deal

Iran War Dominates G7 Summit as India Joins Meet

Singapore Sets Up Gold Trading Hub to Compete with Hong Kong

Trump Administration Secretly Considered Suspending Habeas Corpus to Speed Up Deportations

Germany and Japan Rebuild Military Strength Amid Rising Global Security Concerns

Trump Claims Strait of Hormuz will be “Permanently Toll-Free” under Iran Agreement

 

 

 

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Last Updated on 17-06-2026