Sarbananda Sonowal launched India’s first Green Hydrogen Pilot Project at V.O. Chidambaranar Port. The project will power streetlights and an EV charging station. VOC Port is now the first in India to produce green hydrogen. India aims to be a top shipbuilding nation by 2030 and among the top five by 2047.
India’s first port-based green hydrogen pilot project begins production
Despite a 50% US tariff on Indian goods, Union Minister Sarbananda Sonowal asserts that overall cargo shipments from India remain unaffected. Exports to the US increased by 21.64% during April-July. VOC Port is pioneering green initiatives, including a green hydrogen project and a green methanol bunkering facility, contributing to India’s economic goals.
Despite a 50% US tariff on Indian goods, Union Minister Sarbananda Sonowal asserts that overall cargo shipments from India remain unaffected. Exports to the US increased by 21.64% during April-July. VOC Port is pioneering green initiatives, including a green hydrogen project and a green methanol bunkering facility, contributing to India’s economic goals.
India will be at negotiating table ‘in a month or two’: US Commerce Secretary Howard Lutnick
2 months ago
US Commerce Secretary Howard Lutnick suggests India will eventually seek a deal with Donald Trump, despite current tensions over Russian oil purchases. Lutnick criticized India’s increased reliance on discounted Russian oil and its role in BRICS, urging New Delhi to align with the US. He believes economic realities will compel India to prioritize its relationship […]
India will be at negotiating table ‘in a month or two’: US Commerce Secretary Howard Lutnick
2 months ago
US Commerce Secretary Howard Lutnick suggests India will eventually seek a deal with Donald Trump, despite current tensions over Russian oil purchases. Lutnick criticized India’s increased reliance on discounted Russian oil and its role in BRICS, urging New Delhi to align with the US. He believes economic realities will compel India to prioritize its relationship […]
Trump’s advisor Navarro needles India once again
2 months ago
Peter Navarro, trade advisor to Donald Trump, is stirring controversy by supporting tariffs on foreign remote workers, potentially impacting India’s IT services exports. This move resonates with Trump’s “America First” agenda, targeting Indian tech workers and outsourcing. While formal tariffs may be challenging, non-tariff barriers could be employed, posing a threat to India’s $250+ billion […]
Trump’s advisor Navarro needles India once again
2 months ago
Peter Navarro, trade advisor to Donald Trump, is stirring controversy by supporting tariffs on foreign remote workers, potentially impacting India’s IT services exports. This move resonates with Trump’s “America First” agenda, targeting Indian tech workers and outsourcing. While formal tariffs may be challenging, non-tariff barriers could be employed, posing a threat to India’s $250+ billion […]
Nirmala Sitharaman announced India’s plan to aid exporters affected by increased U.S. tariffs. The new duties included levies on Indian goods, impacting sectors like textiles and jewellery. The government will offer credit guarantees for small businesses and exporters. Labour-intensive industries face significant challenges, leading to job losses. The tariffs have strained relations between India and […]
Nirmala Sitharaman announced India’s plan to aid exporters affected by increased U.S. tariffs. The new duties included levies on Indian goods, impacting sectors like textiles and jewellery. The government will offer credit guarantees for small businesses and exporters. Labour-intensive industries face significant challenges, leading to job losses. The tariffs have strained relations between India and […]
India dismisses reports on Xi Jinping’s secret letter to Prez Murmu, calls it ‘incorrect’
2 months ago
The Ministry of External Affairs refuted a Bloomberg report suggesting Chinese President Xi Jinping sent a ‘secret letter’ to Indian President Droupadi Murmu. The alleged letter, delivered in late August, reportedly conveyed concerns about US deals potentially harming China’s interests. The report indicated the letter was also intended for Prime Minister Narendra Modi, but the […]