Latest Commerce News & Updates

Washington, May 5 (IANS) The current US-Iran standoff in the Strait of Hormuz has left thousands of commercial vessels stranded, disrupting global trade and threatening energy supplies, with potential ripple effects for import-dependent economies like India.US officials said more than 22,500 mariners aboard over 1,550 commercial vessels are currently unable to transit the region due to Iranian attacks and threats to shipping.The Strait of Hormuz, a narrow but critical waterway between Iran and O…

New Delhi, May 4 (IANS) Girls outshone boys as Jamia Millia Islamia (JMI) on Monday announced the results of its own Class XII Board examination for the academic year 2025-26, an official said. Out of all the students who participated in the exam, the overall pass percentage stood at 92 per cent with girls outperforming boys in all three streams — Science, Arts, and Commerce for which the results were declared.The JMI conducts its own Senior Secondary (Class XII) school examinations for its own…

Guwahati, April 28 (IANS) The Assam Higher Secondary Education Council on Tuesday declared the results of the Higher Secondary (HS) Final Examinations, with the state recording an overall pass percentage of 81.54 per cent across all streams. Among the four streams, Science emerged as the best-performing category with a pass percentage of 89.79 per cent. Commerce followed with 81.13 per cent, while Arts registered 79.54 per cent. The Vocational stream recorded a pass percentage of 74.20 per cent….

New Delhi, April 26 (IANS) Commerce and Industry Minister Piyush Goyal will hold a crucial meeting with export promotion councils and industry bodies on April 27 to discuss strategies to boost outbound shipments, amid growing concerns over declining exports and geopolitical disruptions.The meeting comes at a time when Indian exporters are facing headwinds due to the ongoing tensions in West Asia, triggered by the conflict involving the US, Israel and Iran.Industry sources said the situation has …

New Delhi, April 24 (IANS) Commerce and Industry Minister Piyush Goyal on Friday welcomed Todd McClay, Minister for Trade and Investment of New Zealand to India, ahead of the free trade agreement (FTA) signing between the two countries on April 27.In a post on X, the minister said: “Delighted to welcome Mr. Todd McClay, Minister for Trade & Investment, New Zealand, to India, as we begin a new chapter in India-New Zealand economic ties”.He further stated that as we approach the India-NZ F…

New Delhi, April 24 (IANS) Delhi Lieutenant Governor T.S. Sandhu on Friday called upon students to become true enablers of change in an era of rapid digital transformation.Addressing the Annual Day and Prize Distribution Function at Sri Guru Tegh Bahadur Khalsa College, Delhi University, T.S. Sandhu said, “In today’s era of rapid digital transformation, I encourage students to become true enablers of change. While information technology offers immense potential to create meaningful impact, i…

New Delhi, April 23 (IANS) Commerce and Industry Minister Piyush Goyal said on Thursday that the India–South Korea free trade agreement (FTA), signed in 2009 and brought into effect in 2010 during the Congress-led UPA II government, is the result of a poorly negotiated, imbalanced agreement tilted against India.“Since then, bilateral merchandise trade between the two countries has increased by 92.7 per cent, with India’s imports rising by 103.7 per cent, clearly not favouring India. Thus, …

New Delhi, April 2 (IANS) India has received the ‘best’ US deal among competitors and the country is “sitting in a sweet spot” with the trade pact, Commerce and Industry Minister Piyush Goyal said on Thursday.Addressing the media on the 14th Ministerial Conference of the World Trade Organization (WTO), held recently in Cameroon, the minister said India should get “preferential market access” in the bilateral trade pact signed with the United States.Preferential market access is the excep…

Patna, March 23 (IANS) The Bihar School Examination Board (BSEB), on Monday, announced the intermediate (Class 12) examination results for 2026, declaring outcomes across all three streams — Science, Commerce, and Arts. This year, the overall pass percentage stood at 85.19 per cent. Female students outperformed their male counterparts, with a pass percentage of 86.23 per cent, compared to 84.09 per cent for male students.Notably, girls dominated the merit list, securing top positions in both th…

Seoul, March 7 (IANS) SK On, a major South Korean battery manufacturer, has laid off nearly 1,000 workers at its US battery plant in Georgia amid slowing electric vehicle (EV) demand, a company filing showed on Saturday.SK Battery America, SK On’s US unit, dismissed 968 employees at its battery manufacturing facility in Commerce, Georgia, according to a Worker Adjustment and Retraining Notification (WARN) notice posted on a Georgia state website.The layoffs reportedly account for about 37 per ce…