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Tag: India

Food

India shifts export focus from Iran to Nigeria for Basmati rice

India is actively seeking new markets for its basmati rice as political unrest and economic instability in Iran disrupt shipments and delay payments. The Indian Rice Exporters Federation disclosed this development on its official website, citing fears of stalled consignments and payment defaults. The move comes amid weeks of nationwide unrest in Iran over economic […]

Investment

Putin pledges uninterrupted fuel supply to India despite US pressure

Russian President Vladimir Putin has declared that Moscow is ready to provide “uninterrupted shipments” of fuel to India, as Delhi continues to face mounting pressure from the United States to cease purchasing Russian oil. Speaking alongside Indian Prime Minister Narendra Modi in Delhi, Putin questioned why India should be punished for buying oil when the […]

Business

India withdraws order mandating pre-installed cybersecurity app for smartphones

The Indian government has withdrawn its directive requiring smartphone makers to pre-install a state-run cybersecurity app on all devices following widespread backlash. Authorities had quietly instructed manufacturers and importers on November 28 to add the Sanchar Saathi (“Communication Partner”) app to all new phones within 90 days and deliver it to older devices via software […]

Shares rises as US lifts export ban on chip design software
Business

India’s chip market surges, targets $110bn by 2030

India will begin commercial semiconductor production by the end of 2025, Prime Minister Narendra Modi said Tuesday, touting his nation as a future “global hub” for chip innovation. Modi, speaking in New Delhi at the launch of the annual Semicon India conference, said test chips from Micron and Tata were already being produced. “Commercial chip […]

India seeks to keep US trade talks on track despite tariff hike
Policy and Regulations

Trump raises tariffs on Indian imports to 50%

United States President, Donald Trump, has followed through on his pledge to raise tariffs on Indian imports, doubling them to 50 per cent. The move threatens to strain ties with one of Washington’s key trading partners while driving up costs for American consumers. The tariff escalation comes only weeks after Trump imposed a new 25 […]

India seeks to keep US trade talks on track despite tariff hike
News

India seeks to keep US trade talks on track despite tariff hike

India hopes to press ahead with trade negotiations with the United States despite Washington’s decision to double tariffs on its exports to 50% in response to New Delhi’s continued purchase of sanctioned Russian oil, two lawmakers said on Monday. The foreign affairs parliamentary panel was briefed on the matter by the foreign secretary after U.S. […]

India's Reliance Jio strikes deal with SpaceX for Starlink services
News

India’s Reliance Jio strikes deal with SpaceX for Starlink services

India’s leading telecom operator, Reliance Jio, has signed a deal with Elon Musk’s SpaceX to bring Starlink satellite internet services to the country in a surprising turn of events. This partnership follows months of contention between the two billionaires over spectrum allocation policies. As part of the agreement, Reliance Jio will stock Starlink equipment in […]

News

China, India emerge as Nigeria’s largest import partners

China and India have solidified their positions as Nigeria’s largest sources of imports, accounting for a combined total of N20.31 trillion in 2024, according to the latest trade report from the National Bureau of Statistics. The report indicates that China led the import chart with goods valued at N14.14 trillion, while India followed with N6.17 […]

Technology

India targets first space docking

India launched two small satellites into orbit for its first space docking experiment, marking a key step toward the country’s goal of building its own space station and conducting a manned mission to the moon. In an address following Monday’s launch, the chairman of the Indian Space Research Organisation, S. Somanath, said the initial docking […]

Bollywood’s 'Pushpa 2' grosses N26.8m in opening weekend
News

Bollywood’s ‘Pushpa 2’ grosses N26.8m in opening weekend

Bollywood’s highly anticipated Pushpa 2: The Rule has made a strong entrance in Nigerian cinemas, grossing N26.8 million during its opening weekend. According to the latest Nigerian Box Office report, the Telugu-language action drama secured the third-highest-grossing spot of the weekend. The sequel to Pushpa: The Rise continues the thrilling journey of its lead character, […]

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