WebinarsNew
Deep DiveNew
Explore Business Standard
India and Singapore on Thursday signed agreements to strengthen bilateral cooperation in telecommunications and broadcasting as well as maritime heritage and food safety, the Finance Ministry said. Both countries signed two memorandums of understanding (MoU) and exchanged a Letter of Intent (LoI) in the presence of Finance Minister Nirmala Sitharaman, along with External Affairs Minister S Jaishankar, Commerce & Industry Minister Piyush Goyal, and MoS for Electronics & IT Jitin Prasada during the 4th India-Singapore Ministerial Roundtable (ISMR). The agreements cover cooperation in the areas of maritime heritage, food safety, and telecommunications and broadcasting regulations. "These agreements will further strengthen bilateral cooperation across diverse areas of mutual interest," the Finance Ministry said in a post on X. The Singapore delegation was led by Gan Kim Yong, Deputy Prime Minister and Minister for Trade & Industry; K Shanmugam, Senior Minister and ...
The US Senate's approval of a bill on Russia sanctions could expose Indian exports to additional tariffs of up to 100 per cent if India continues buying Russian crude oil, think tank GTRI said on Saturday. The US Senate voted overwhelmingly to approve a bill to punish Russia and key buyers of its petroleum products, such as China and India, claiming that such trade helps fuel the Ukraine war. This bill will allow US President Donald Trump to impose 100 per cent tariffs on goods from countries that are the top five importers of Russian oil and gas. The Global Trade Research Initiative (GTRI) said that India, being the second-largest buyer of Russian crude, is exposed to high tariffs. Russia supplied 30.3 per cent of India's crude imports in FY2026, worth USD 40.8 billion, helping reduce costs and contain inflation. "The US Senate has overwhelmingly approved legislation that could expose Indian exports to additional tariffs of up to 100 per cent if India continues buying Russian cru