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    China welcomes Trump's 'G-2' remark: Says two countries can jointly work for global stability
    Xi, Carney, meeting in South Korea, try to rebuild China-Canada relations
    Sri Lanka, India talks on power grid integration move forward
    China's Xi promises to protect free trade at APEC as Trump snubs major summit
    Drones, oil and escalation: Ukraine's deep strikes impact Russia, altering war calculations
    China's factory activity contracts for 7th month, reflecting tariffs pressure on trade
    China's Xi defends multilateralism at APEC after striking deal with Trump to ease trade tensions
    APEC leaders open economic summit after Trump, Xi agreed on steps to ease trade tensions
    APEC leaders to open summit after Trump, Xi agreed on steps to ease trade tensions
    China's rare earth export delay offers US chance to weaken Beijing's grip on market
    4 Republicans back Senate resolution to undo Trump's tariffs around globe
    Customs seizes two silvery gibbons from passenger at Mumbai airport
    Engineering goods exports grow in Sep, despite 9.4 pc drop in shipments to US: EEPC
    Shimla: CPI (M) denounces US tariffs, warns of mass movement if 'pro-American' stance continues
    China grants licences to Indian companies to import rare earth magnets
    India's been 'very good' on that front: Trump repeats claim on Delhi reducing energy purchases from Moscow
    Union Minister of Commerce and Industry Shri Piyush Goyal Chairs Meeting with Export Promotion Councils and Industry Associations
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    Gold demand in India falls 16 pc in Q3 2025 on high prices; investment buying surges
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    October 31, 2025
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    Tariff reduction agreed with China to ease trade frictions and lift export controls on strategic materials.
    The two countries agreed to reduce tariffs and adjust export controls: China will ease rare earth export restrictions and expand agricultural imports, while the US will lift certain semiconductor export limits. These reciprocal measures aim to stabilise bilateral trade relations and were coupled with China's expressed support for multilateral trade governance and calls to update international trade rules with the WTO central to protecting developing countries' interests.
    October 31, 2025
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    Trade tariff negotiations seek to resolve bilateral levies and restore stable economic ties, addressing EVs, canola and seafood.
    Leaders directed officials to resolve trade irritants and pursue product-specific solutions addressing tariffs on electric vehicles, canola, seafood, steel and aluminium, with China offering to lift certain retaliatory levies if Canada withdraws its high EV tariffs; both sides emphasised pragmatic cooperation in economy, trade and energy and agreed to use the meeting as a turning point for restoring stable bilateral trade relations.
    October 31, 2025
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    India Sri Lanka power grid connectivity talks advanced to finalise implementation modalities enabling electricity imports and renewable exports.
    Negotiations address implementing a bilateral power grid interconnection concluded in April 2025, with senior power officials advancing technical and procedural implementation modalities to operationalise a transmission line that enables Sri Lanka to import electricity during shortages and export renewable energy, supporting grid stability and regional market integration.
    October 31, 2025
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    APEC summit: commitments to defend free trade, stabilise supply chains, and pursue green industry cooperation amid trade tensions.
    Commitments to defend free trade and uphold multilateral economic cooperation dominated APEC, with emphasis on supply chain stability, collaboration in green industries, and resisting protectionist drift. The summit combined bilateral de-escalation measures between major economies with broader efforts to harmonise regulations, build resilient production networks, and seek a collective communique amid divergent national trade strategies and competing priorities like AI governance and demographic change.
    October 31, 2025
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    Long range drones strike refineries and logistics hubs, degrading fuel supplies and forcing wider defensive and logistical responses.
    Ukraine's long range drone campaign has struck Russian refineries, fuel depots and logistics hubs with domestically produced platforms now reaching roughly 1,000 km, inflicting episodic reductions in refining capacity and causing domestic fuel shortages while many plants resumed operations; the strikes aim to attrit logistics and disperse air defence commitments, operate independently of foreign approvals, and rely on low cost, improvised production despite limited mission success rates and attendant personnel risks.
    October 31, 2025
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    Tariff reduction improves Chinese export competitiveness after trade truce, but global uncertainty limits manufacturing recovery.
    Manufacturing activity remained in contraction for a seventh month with PMI below the expansion threshold. A US-China trade truce includes tariff reductions expected to restore some export competitiveness to Chinese goods in the US, though observers characterise the measures as preventing further deterioration rather than producing a strong recovery. Policy objectives emphasise shifting away from investment-led manufacturing toward higher-tech industries and stronger domestic consumption while addressing excess capacity; a weak property market is dampening confidence and investment.
    October 31, 2025
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    APEC summit focuses on multilateralism, trade de tente, supply chain stability and coordinated responses on AI and demographics.
    China advocated preserving multilateralism and free trade at APEC after bilateral concessions with the US aimed at easing trade tensions; the measures-tariff reductions by the US and Chinese commitments on rare earth exports and agricultural purchases-are presented as stabilising steps. The article stresses member concerns about supply chain stability, green-technology export impacts, and the need for cooperative APEC responses on AI, demographic challenges, and harmonised standards, while noting procedural difficulties in issuing a joint communique.
    October 31, 2025
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    APEC summit: leaders agree steps to ease trade tensions, urging regulatory harmonisation and cooperation on AI and demographics.
    Summit participants responded to US-China steps to ease trade tensions by stressing preservation of free and open trade, resisting protectionism, and pursuing multilateral regulatory harmonisation and coordinated standards for digital innovation; host priorities included cooperative AI policy, demographic response sharing, and formulating joint growth strategies, while the prospect of a unified nonbinding declaration reflected divergent member positions.
    October 31, 2025
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    Free and open trade: leaders agree steps to ease bilateral trade tensions and focus APEC on supply chains and AI cooperation.
    APEC leaders meet to advance regional economic cooperation after the United States and China agreed to ease extreme tariff and export control threats; the summit focuses on sustaining free and open trade, resisting protectionism, harmonising regulations for sustainable trade and digital standards, and addressing supply chain vulnerabilities. Host priorities include AI cooperation and demographic challenges, with members sharing policy responses and exploring common, nonbinding steps while considering a broader declaration emphasising peace and prosperity rather than a firm joint endorsement of free trade.
    October 31, 2025
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    China's rare earth export delay gives a one-year window for US and allies to diversify supply chains.
    China deferred its newly announced restrictions on rare earth exports for one year, temporarily suspending rules that would have required foreign firms to secure approval to export products containing Chinese-sourced rare earths while leaving earlier controls intact. The pause provides a window for the United States and allies to accelerate supply chain diversification by expanding domestic and allied production, processing, recycling, and strategic procurement, with national security considerations driving prioritisation of alternative supplies and government support for domestic capacity.
    October 31, 2025
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    Congressional nullification of presidential emergency tariffs advances in Senate, highlighting trade policy divisions and veto hurdles.
    A Senate resolution passed 51-47 that would rescind many presidentially imposed tariffs under declared national emergencies, invoking a statutory mechanism for congressional nullification; enactment is unlikely due to House procedural rules and the president's veto, but the votes have forced debate and revealed GOP divisions over trade policy, with proponents pointing to price and agricultural harms and supporters defending recent tariff reductions and a China purchase agreement as justification.
    October 30, 2025
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    Wildlife trafficking: seizure of endangered silvery gibbons at airport led to arrest under customs and wildlife laws.
    Intelligence-led baggage inspection at an international airport uncovered concealed silvery gibbons-one deceased-inside a trolley bag; the passenger was arrested under the Customs Act and the Wildlife (Protection) Act, with officials noting high mortality and low survival prospects for such endangered mammals outside their native habitat. A separate operation seized concealed hydroponic marijuana from another arriving passenger, resulting in arrest and seizure under customs enforcement powers.
    October 30, 2025
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    Trade tariffs reduce shipments to a major market, but diversification and FTAs sustain engineering export growth.
    Trade policy measures materially influenced Indian engineering exports in September, with overall sectoral shipments growing despite a marked decline to the United States attributed to Trade Tariffs. Market diversification-stronger shipments to China and various emerging regions-helped offset the decline. Regulatory constraints noted include limited access to export finance, high raw material prices, and foreign Export Controls on critical inputs such as rare earths. Negotiation of free trade agreements and expansion of South-South trade are identified as strategic policy responses to mitigate tariff exposure and enhance supply-chain resilience.
    October 30, 2025
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    US tariffs threaten export competitiveness, prompting protests and warnings of mass action over foreign policy alignment.
    Tariff measures imposed by the United States raise export costs for Indian producers across agriculture, textiles, fisheries, diamonds, leather and MSME-manufactured goods, rendering exports uncompetitive, threatening production declines, factory closures and unemployment. The document alleges these duties operate as economic coercion benefiting the US, and criticises national strategic agreements for aligning foreign policy with US interests, constraining reciprocal trade responses. It calls for firmer trade-policy measures and warns of mass political mobilisation if perceived "pro-American" policies continue.
    October 30, 2025
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    Rare earth export licences granted - select foreign supplier allows Indian imports, easing critical minerals supply constraints.
    Granting of rare earth export licences authorises select Indian companies to import rare earth magnets previously constrained by export restrictions, enabling the cross border supply of inputs for high end technologies under China's licensing regime while other controls on mining and processing technologies remain in force.
    October 30, 2025
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    Energy import policy: India emphasizes consumer protection and diversification while public claims suggest reduced Russian oil purchases.
    The US President asserted India would significantly reduce oil imports from Russia; the MEA replied that India's import policies are governed by consumer-protection and energy-security objectives, emphasizing stable prices, secure supplies, diversification of energy sourcing, and ongoing discussions to deepen energy cooperation with the United States.
    October 30, 2025
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    Export facilitation strengthened through announced reforms and stakeholder consultations to expand market access for exporters.
    Directorate General of Foreign Trade and the Department of Commerce presented export facilitation reforms and upcoming measures to reduce regulatory frictions, coordinate Customs, DGFT and SEZ frameworks, and enhance global market access; stakeholders reported operational challenges and sector-specific expectations while the government affirmed commitment to a facilitative trade ecosystem and ease-of-doing-business initiatives.
    October 30, 2025
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    Tariff reduction on Chinese goods and export control forbearance reshape bilateral trade obligations and compliance expectations.
    President Trump's announcement of an immediate reduction in average tariffs on Chinese goods and reports that China will hold tighter export restrictions on rare earths and related technologies for a year realign bilateral trade regulation and export controls. The leaders signalled progress on curbing exports of fentanyl precursor chemicals, creating an enforcement dimension tied to narcotics-related export controls. Negotiating teams purportedly reached consensus and were directed to complete follow-up work to translate political commitments into implementable measures, implicating administrative rulemaking and compliance obligations for importers, exporters and regulators.
    October 30, 2025
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    Gold demand decline in India signals shift to investment buying as prices rise, altering import and recycling patterns.
    Gold consumption volume in India fell in Q3 2025 as high prices reduced jewellery purchases while investment demand rose strongly, causing total demand by volume to decline even as demand value increased; imports and recycling also fell, and industry projections expect full-year demand toward the higher end of the forecast range.
    October 30, 2025
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    VVPATs are not authorised for local body polls; deployment would need regulatory or legislative change.
    The Maharashtra State Election Commission has stated there is no legal provision authorising the use of Voter Verifiable Paper Audit Trail (VVPAT) machines in local body elections, indicating that deployment of VVPATs in municipal polls would require rulemaking or legislative change. The document also notes a trial transfer for a judicial officer, dismissal of two government employees over alleged terror links, and the end of automatic extension of Employment Authorization Documents for foreigners.

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