The Parliamentary Standing Committee on Commerce is assessing the impact of enhanced tariffs by the United States on the entry of various Indian products and seeks to understand the challenges faced by various sectors. It also seeks to assess the various measures taken by financial institutions, central and state governments to mitigate the adverse effects of US tariffs. The committee members are currently on a study visit to Visakhapatnam, Chennai and Coimbatore from January 6-8 to evaluate India-US trade relations. The committee is chaired by Rajya Sabha MP Dola Sen. In Visakhapatnam, the committee on Tuesday met with stakeholders and state government representatives, focusing on the Indian marine sector. A statement by the committee said the members of the panel interacted with representatives from fisheries, export councils, and financial institutions, and visited the Fishing Harbour and Sea Cages off Ramakrishna beach. On January 7, the committee will travel to Chennai to dis
With roads and railways nearing capacity limits and aviation largely privatised, the government is turning to ports and shipping to sustain its capex push in FY27
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The Reserve Bank of India (RBI) on Thursday said 98.41 per cent of the Rs 2000 banknotes in circulation have been returned. The RBI had announced the withdrawal of Rs 2000 denomination banknotes from circulation on May 19, 2023. "The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, has declined to Rs 5,669 crore at the close of business on December 31, 2025," it said. Thus, 98.41 per cent of the high-value banknotes in circulation as of May 19, 2023, have since been returned. A facility for deposit and/or exchange of the Rs 2000 banknotes was available at all bank branches in the country up to October 7, 2023. From October 9, 2023, the RBI's 19 Issue Offices are also accepting Rs 2000 banknotes from individuals/entities for deposit into their bank accounts. Apart from this, members of the public are sending Rs 2,000 banknotes through India Post from any po
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Tata Motors Passenger Vehicles Ltd on Thursday reported a 14.1 per cent growth in total sales to 50,519 units in December 2025 compared to 44,289 units in the same month of 2024. Domestic passenger vehicle sales were at 50,046 units last month against 44,230 units in December 2024, up 13.1 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. The total electric vehicle sales surged 24.2 per cent to 6,906 units against 5,562 units in December 2024, it added. The total sales in the domestic and international market for Q3 FY26 stood at 1,71,013 units compared to 1,39,829 units during Q3 FY25, the company said. "CY25 saw steady progress for the PV industry, powered by a growing preference for SUVs and accelerating adoption of cleaner, emission-friendly powertrains. "For Tata Motors, it was the fifth consecutive year of record-breaking annual sales, with 587,218 units sold, including the highest-ever EV volumes of 81,125 units in a calendar year," Tata Motors Passe
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IBM chairman and CEO Arvind Krishna announced Gerstner's death in an email sent Sunday to employees, but did not provide a cause of death