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government
Technology Centre may expand CCTV-like import restrictions to other sensitive areas, says IT secretary
Electronics and IT Secretary S Krishnan said the government may expand the import restrictions it applied to CCTV cameras to other sensitive product categories. Speaking at a CII event on semiconductors, he said the approach, driven by security concerns about non-vetted chips, could be extended while assisting Indian chip designers in building end-to-end trusted supply chains.
Manufacturing India's transport, petroleum ministries disagree on E20 mileage loss: 2-6% vs 3-5%
India's road transport ministry and petroleum ministry have given different official estimates of the fuel-efficiency loss when E20 petrol is used in vehicles designed for E10. The transport ministry cited a 2-6% reduction based on an ARAI-SIAM-Indian Oil study, while the petroleum ministry said it is generally 3-5%. Both ministries pointed to driving conditions, habits and maintenance as key variables.
Finance Govt Debunks AI-Generated Fake Video of Finance Minister Nirmala Sitharaman Promoting Investment Scheme
The Press Information Bureau's Fact Check Unit has debunked a social media video claiming Finance Minister Nirmala Sitharaman promoted an investment scheme with easy returns. The video is AI-generated and fake, the government said, urging citizens and professionals to verify claims through official channels.
Commodities E20 Petrol Debate: Indian Government Debunks 7 Claims on Ethanol Blended Fuel, Impact on Mileage and Engines
The Indian government has issued a seven-point clarification refuting 'misleading claims' about E20 petrol, including that pre-2023 vehicles cannot use it and that 30 crore vehicles will become unusable. Minister Nitin Gadkari acknowledged a 2-6% fuel efficiency drop but said no engine failures have been recorded. Automotive companies including Maruti Suzuki and Toyota have voiced support.
Technology Meta Outlines Stricter Safeguards for Prominent Accounts After PM Modi Post Incident
Meta has communicated to the Indian government enhanced safeguards for content posted by Prime Minister Modi and other prominent accounts, including multiple review levels by senior officials. This follows a brief restriction of Modi's Facebook post due to an AI filter glitch, which the government deemed inadequately explained.
Commodities Tur Importers Seek Government Nod to Expand Sourcing Network to Brazil and Australia
India's tur importers, led by the Indian Pulses and Grains Association (IPGA), are seeking government approval to add Brazil as a certified source for quality tur dal. The move aims to diversify import origins beyond traditional suppliers and follows successful pilot cultivation, with Brazil also advancing urad production. Trade bodies are simultaneously exploring tur cultivation in Australia, though policy certainty is needed.
Finance India Public Sector Banks' Bad Debt at Lowest Levels in Decades, Government Says
Union Minister of State for Finance Pankaj Chaudhary informed Rajya Sabha that public sector banks' bad debt has fallen to the lowest levels in several decades. Gross NPAs declined from 7.3% to 1.9% in five years, while cumulative profits reached nearly Rs 2 lakh crore in FY2025-26, nearly three times the FY2021-22 level. The government also highlighted the continued credit growth and the role of the Emergency Credit Line Guarantee Scheme (ECLGS) in supporting businesses.
Finance Government Clarifies: Using E20 Petrol Cannot Lead to Insurance Claim Rejection
The Ministry of Petroleum and Natural Gas has clarified that using E20 (20% ethanol-blended) petrol cannot be a reason for insurance claim rejection. The government dismissed concerns about engine damage and fuel quality, stating the Ethanol Blending Programme is scientifically validated and has not caused widespread issues since its 2023 rollout.
Commodities India Plans to Source Up to Quarter of 2027 LPG Imports From United States, Sources Say
India plans to buy up to a quarter of its liquefied petroleum gas (LPG) imports from the United States in 2027, according to three sources. The move would reduce dependence on the Middle East and help secure a trade deal with Washington. State refiners Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum are expected to issue tenders within one to two months for US LPG supplies.
Commodities 10% Monsoon Deficit Hits Kharif Output: Government Warns of Production Decline Risks
The Indian government stated that kharif foodgrain production declines when the all-India monsoon rainfall deficiency exceeds about 10%, citing major drought/El Niño years. Meanwhile, cotton production has fallen due to diversification, while spices parks processed over 52,000 tonnes and e-NAM interstate trade surged.
Commodities Government restricts low-priced suspension-grade PVC resin imports for six months
The Indian government has restricted imports of low-priced suspension-grade PVC resin for six months by imposing a minimum import price of USD 0.766 per kg. The move, effective immediately, changes the import policy from 'Free' to 'Restricted' for S-PVC under HS code 39041020. Exemptions are granted to export-oriented units (EOUs), SEZs, and units under the Advance Authorisation Scheme, provided the imported inputs are not sold into the domestic tariff area. The policy change follows an anti-dumping investigation by the DGTR that found material injury to domestic producers from dumped imports.
Commodities India Says Premium Petrol to Stay Ethanol-Free, No Plan to Blend Beyond 20%
The Indian government has confirmed that premium petrol grades from state-run retailers will remain ethanol-free due to their niche performance-additive composition. Additionally, there is no current proposal to raise ethanol blending in regular petrol beyond the existing 20% or to reintroduce E0/E10 fuels, pending further scientific studies.
Commodities Government says household PNG prices remain stable despite higher LNG prices and West Asia crisis
The Indian government has stated that household piped natural gas (PNG) prices have been kept stable and affordable despite higher global liquefied natural gas (LNG) prices triggered by the West Asia crisis. The measures include a capped domestic gas price of USD 7 per MMBtu and allocation of 105% of previous quarter's consumption. The PNG network continues to expand, with over 1.70 crore connections as of May 31, 2026, though a target of 1.2 crore new households by March 2027 was not explicitly confirmed.
UK Government to Cut Business Rates by 20% for Pubs, Clubs and Music Venues
The UK government has announced a 20% cut in business rates for pubs, clubs and live music venues in England from April, saving firms around £1,100 next year. The £100m cost will be funded by reviewing tax relief on vape shops and clamping down on online marketplace tax compliance. Industry figures welcome the move but caution it may not offset rising costs.
Commodities India Establishes ₹40,000 Crore Corpus for Scientific Coal Mine Closure and Rehabilitation
Coal Minister G Kishan Reddy announced a ₹40,000 crore corpus for scientific mine closures, with 42 mines closed in the last year and a target of 147 more in 2-3 years. The fund includes a community development allocation, supported by frameworks like RECLAIM and SUVIKALP, and an Indo-German cooperation project.
Business Stormont Economy Minister Archibald Plans Storm Compensation Law Despite Regulator Opposition
Stormont Economy Minister Caomihe Archibald has directed officials to propose removing the severe weather exemption for compensation to households affected by power outages, despite the Utility Regulator's concerns that the costs could be passed to consumers. Northern Ireland is currently the only part of the UK without a compensation scheme for storm-related electricity disruptions. The move follows criticism after Storm Éowyn last year, when NIE Networks declined voluntary payments.
Logistics U.S. Government Plans First Nuclear Power Tests on Ships at Port of Long Beach
The U.S. Maritime Administration will sign a first-ever agreement with the Port of Long Beach to test small modular reactors (SMRs) for commercial vessels and port power. Separately, startup Bluecore Energy raised $10 million to develop floating barge-mounted SMRs. The testing could eventually reduce emissions and change energy use at the busiest U.S. container port.
UK government borrowing falls to £16bn in June, ONS data shows as Burnham unveils cost-of-living measures
UK government borrowing totalled £16bn in June, £7.9bn less than a year earlier, according to the ONS. The unemployment rate held steady. New Prime Minister Andy Burnham began setting out policies to cut household living costs.
Finance No move to scrap LTCG tax on equities: Finance Minister Pankaj Chaudhary tells Lok Sabha
The Indian government informed Parliament that there is no current move to abolish long-term capital gains (LTCG) tax on equities for retail or domestic investors, ending speculation. The minister also clarified that the tax rate for domestic investors is 12.5%, matching that for FPIs in equities, while the government has rationalised tax treatment for FPIs in government securities to align with global standards.
Finance FM Sitharaman Distributes ₹3,216 Crore Loans to 1,03,246 Beneficiaries in Andhra Pradesh Credit Outreach
Union Finance Minister Nirmala Sitharaman distributed loans worth ₹3,216 crore to 1,03,246 beneficiaries under various central government schemes at a Credit Outreach Programme in Narasaraopet, Andhra Pradesh. The assistance includes ₹2,363 crore for agriculture, ₹325 crore for MSMEs, and ₹624 crore for housing, education, vehicle and solar energy loans. The event underscores the government's push for financial inclusion and institutional credit access to rural areas.
Finance Indian Government Plans Amendments to Enhance MSME Liquidity and Payment Resolution
The Indian government plans to amend the MSME Development Act to enhance liquidity for micro, small and medium enterprises. Key measures include statutory backing for the Udyam registration portal, decriminalisation of provisions, and an online dispute resolution mechanism to speed up payment recoveries.
India to Take Equity Stakes in Semiconductor Startups Under Semicon 2.0
The Indian government has approved Semicon 2.0 with a Rs 1,27,500 crore outlay, moving from one-time grants to milestone-linked funding and equity investments in semiconductor startups. The India Semiconductor Mission CEO Amitesh Kumar Sinha outlined a phased funding model where the government will generally keep its equity stake below 50%, avoid board representation, and allow founders to buy back shares. The policy addresses the challenge startups face in raising capital after the design stage.
Logistics DHS, DOT Partner to Investigate 75 CDL Training Schools Suspected of Fraud
DHS and DOT announced a partnership to investigate 75 CDL training schools suspected of fraud, including falsifying records and improper certifications. The effort builds on previous actions that removed 24,000 drivers and canceled 28,000 illegally issued licenses.
UK Government Brings British Steel Under Public Ownership, Secures Steelmaking Future
The UK government has nationalised British Steel, taking control of the Scunthorpe steelworks to secure domestic steelmaking. The move follows years of uncertainty and financial losses, with the plant losing £700,000 per day under Chinese owner Jingye Group. The government's intervention ensures continued production of virgin steel for critical infrastructure.
Technology Government to Assess if AI is Affecting Pace of Global Capability Centres in India
The Indian government will evaluate whether the rapid adoption of artificial intelligence is affecting the pace of expansion of global capability centres (GCCs) in the country. Electronics and IT secretary S Krishnan made the announcement at a CII event, noting that AI could ultimately help attract higher-value work. The assessment will also consider the impact of recent tax, labour, and regulatory reforms on GCC momentum.
Commodities British Steel Nationalisation Bill Passed by Parliament, Securing Public Ownership of Scunthorpe Operations
Parliament has passed the Steel Industry (Nationalisation) Bill, paving the way for nationalisation of Scunthorpe-based British Steel. The King signed the bill into law on Wednesday. Energy minister Chris McDonald said the government acted decisively in the national interest. Shadow business secretary Andrew Griffith criticised the move, linking it to high energy costs. Owner Jingye has begun seeking compensation.
Finance IDBI stake sale back on table, government keen to speed up process with Fairfax, Emirates NDB in focus
The Indian government has resumed the process to sell its stake in IDBI Bank, holding high-powered meetings on Monday to accelerate the sale after previous bids were rejected for being below the reserve price. Two qualified bidders – Prem Vatsa's Fairfax and Emirates NDB – are under consideration. The Centre and LIC together hold a 94.7% stake and plan to sell 60.7%. The news lifted IDBI Bank shares nearly 3% to Rs 86.5 on BSE.
Logistics India Post crosses Rs 4,000 crore quarterly revenue for first time; Q1 turnover jumps 22%
India Post's Q1 FY27 revenue crossed Rs 4,000 crore for the first time, reaching Rs 4,008 crore, a 22.2% increase year-on-year. The parcel vertical grew 50%, highlighting strong last-mile delivery demand. The milestone was announced by Union Communications Minister Jyotiraditya Scindia.
DOGE Used AI for Housing Policy Decisions at HUD, FOIA Denials Raise Transparency Concerns
Members of the Department of Government Efficiency (DOGE) deployed artificial intelligence at the Department of Housing and Urban Development (HUD) to inform policy decisions, according to documents obtained by Democracy Forward. The agency has denied Freedom of Information Act requests for details on the AI tools, citing a previously nonexistent 'AI privilege' and presidential communications privilege. Experts say the lack of transparency raises concerns about bias, hallucinations, and accountability in government AI use.
Technology Indian Government Considers Cybersecurity Framework for IoT Devices Beyond CCTV Cameras
The Indian government is exploring a broader cybersecurity framework for Internet of Things (IoT) devices, extending beyond CCTV cameras to include smart meters, home automation, and industrial sensors. The initiative aims to reduce vulnerabilities in connected products through mandatory security certification and supply chain transparency.
Commodities India Reaches 20% Ethanol Blending Milestone as Govt Issues FAQs on E20 Fuel Concerns
India has reached 20% ethanol blending in petrol as of April 2025, five years ahead of target. The government released FAQs to address public concerns about fuel economy, performance, and vehicle damage, detailing the long history and supply build-up behind the policy.
Commodities India's E20 Petrol Costlier to Produce Than Pure Petrol at Current Crude Prices, Government Says
The Indian petroleum ministry stated that E20 petrol is currently costlier to produce than pure petrol at prevailing global crude oil prices around $70 per barrel, but the ethanol blending program has saved over Rs 1.97 lakh crore in foreign exchange and reduced crude imports. The economics reverse when crude rises to $120-130 per barrel. The government dismissed claims of engine damage from E20 fuel.
Technology WhatsApp Submits Reply on 'Username' Notice; Government Examining Response, Sources Say
Meta-owned WhatsApp has submitted its reply to the Indian government's notice on the proposed username feature, which raised concerns about increased cybercrime. The government is now reviewing the response, while the username feature remains on hold in India. Similar notices were sent to Telegram and Signal.
Technology The $28 Million Mistake That Inspired Estonia's AI “Fuckup Finder”
Estonia's parliament accidentally excluded online casinos from taxation due to a wording error, costing €24 million annually. Former undersecretary Luukas Ilves built Apsakaleidja, an AI tool that flags legislative problems within hours. The government launched Eesti.ai to double productivity by 2035 and aims to create official digital identities for AI agents.
Trade Exporters Urge Indian Government Not to Reimpose Onion Export Curbs Amid Price Rise
The Horticulture Produce Exporters Association (HPEA) has urged the Indian government not to impose fresh export restrictions on onions, warning that such curbs could undermine markets regained after a previous ban. Wholesale prices have risen over 42% at Lasalgaon APMC, while exports surged 40% to around 1.5 million tonnes in 2025-26.
Trade Make use of FTAs, other schemes to boost shipments, government tells businesses
The Indian government has asked businesses to fully utilize free trade agreements and other schemes under the Export Promotion Mission. Commerce minister Piyush Goyal met export promotion councils to review progress towards export targets, with a focus on the upcoming India-UK CEPA and the India-EU deal. Concerns remain over capacity constraints in the textile sector and over-reliance on interest subsidy.
Technology OpenAI weighs giving Trump administration 5% stake amid US scrutiny of AI firms: Report
According to a report, OpenAI is considering giving the Trump administration a 5% stake as US scrutiny of AI firms intensifies. The source provides no further details.
Commodities India Raises Onion Procurement Price by 13% as Buffer Stock Buildup Lags
The Indian government increased onion procurement price by 13% to Rs 2,125 per quintal effective July 4, 2026, aiming to improve farmer realisations and accelerate buffer stock accumulation. Despite five consecutive price hikes, only about 2,000 tonnes have been procured since June 1, as arrivals remain steady and exports face competition from Pakistan and China. Delayed monsoon and speculative buying in key production centres like Nashik have influenced market dynamics, while overall production is nearly unchanged at 307.37 lakh tonnes.
Business Centre releases ₹25,863 crore first instalment under VB-G RAM G Yojana
The Centre has released the first instalment of ₹25,863 crore to all states under the Viksit Bharat G-RAM-G Yojana, which replaced MGNREGA on July 1, 2026. Union Minister Shivraj Singh Chouhan announced the release, highlighting the smooth transition and enhanced 125-day employment guarantee.
Trade Indian Government Denies Offering E20 Petrol Exports to Bhutan, Calls Reports Incorrect
The Indian Ministry of Petroleum and Natural Gas dismissed reports that Bhutan had refused to import E20 petrol from India, stating no such offer was ever made. The clarification followed allegations by the Congress party that Bhutan, Nepal, Bangladesh, and Sri Lanka had rejected India's ethanol-blended fuel. The government also defended the fuel's reliability, citing extensive testing by Indian institutions.
Technology Indian Government Summons Meta Over Instagram Ads Promoting Child Sexual Abuse Material
India's Ministry of Electronics and Information Technology has ordered Meta to explain Instagram ads that promoted child sexual abuse material, as revealed by a BBC investigation. The ads used explicit search terms and linked to Telegram channels selling the content for as little as ₹99. Meta says it has removed the ads and suspended accounts. This marks the second government action against Meta this week, following a notice on WhatsApp's usernames feature.
Commodities India Lifts Emergency Natural Gas Curbs After Strait of Hormuz LNG Shipments Resume
The Indian Ministry of Petroleum and Natural Gas has withdrawn emergency provisions under the Natural Gas (Supply Regulation) Order, 2026, which had allowed prioritised allocation of domestic gas and imported LNG. The curbs were imposed in March 2026 following disruptions to LNG shipments via the Strait of Hormuz. Their removal follows a ceasefire in the West Asia conflict that has restored LNG flows through the strategic waterway.
Business Government Sells 2.52% Stake in Cochin Shipyard at Rs 1,400 per Share via Offer for Sale
The Centre has launched an Offer for Sale of 2.52% equity in Cochin Shipyard Ltd at a floor price of Rs1,400 per share, with an additional 2.52% greenshoe option. Non-retail investors can bid on July 7, 2026, followed by retail investors on July 8. The divestment is part of broader maritime sector initiatives including the Rs25,000 crore Maritime Development Fund.
Trade India Asks USTR to Reconsider 12.5% Tariffs on Forced Labour Grounds, Cites Lack of Evidence
The Indian government has formally asked the U.S. Trade Representative to withdraw its proposal for 12.5% additional tariffs on Indian products, arguing the move fails to meet legal standards and lacks country-specific analysis. Indian companies including Reliance Industries and Shahi Exports have also petitioned against the tariffs, warning of higher costs for U.S. consumers.
Commodities Centre Approves Copra and Totapuri Mango Procurement for Tamil Nadu Farmers at MSP
The Indian government approved the procurement of 87,226 tonnes of copra and 96,879 tonnes of Totapuri mangoes in Tamil Nadu under the Price Support Scheme and Market Intervention Scheme respectively. Union Agriculture Minister Shivraj Singh Chouhan sanctioned the measures to protect farmers from distress sales.
UP Data Center Policy 2026 Sends Strong Signal to Market, Experts Say, Focusing on AI, GPU, and Sustainability
The Uttar Pradesh cabinet approved the Data Center Policy-2026, aiming to develop the state as a green and AI-ready data center hub with an additional 2 GW capacity. Experts highlight the policy's focus on GPU infrastructure, sustainability, and regional incentives for Bundelkhand and Purvanchal, targeting over ₹2 lakh crore investment and 50,000 indirect jobs.
Commodities Indian Government Urged to Tackle Fertilizer Subsidy Issues by SOMS Sector
The soluble fertilizers, organic and bio-fertilizers, micronutrients and biostimulants (SOMS) sector has urged the Indian government to address problems caused by fertilizer subsidies. Stakeholders highlighted the practice of 'tagging' where dealers force farmers to buy additional nutrients when purchasing subsidized fertilizers. The sector, valued at nearly $1 billion, proposed solutions including direct payments and amendments to the Essential Commodities Act.
Logistics Netanyahu and Katz Urge ZIM Sale to Hapag-Lloyd and FIMI Be Scrapped Over Security Concerns
Israeli Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz have publicly urged that the $4.2 billion sale of ZIM Integrated Shipping Services to Hapag-Lloyd and FIMI be scrapped, arguing the proposed structure fails to protect Israel’s security interests. The deal, signed earlier this year, would see Hapag-Lloyd acquire ZIM’s international operations while FIMI takes the Israeli-linked assets, but opposition has grown over ZIM’s strategic role during the recent war. If the sale falls through, Linerlytica projects that Ocean Network Express (ONE) would surpass Hapag-Lloyd in size by early 2028.
Commodities India’s 163.65 LT Fertilizer Stock and Rising Production to Meet Kharif Demand, Says Government
As of July 2, 2026, India’s fertilizer stock stands at 163.65 lakh tonnes (LT), meeting 43% of the Kharif season demand of 383.9 LT. Domestic production exceeded targets for urea and DAP in Q1 FY27, while natural gas supply to urea plants has been fully restored after disruptions caused by the US-Israel conflict with Iran. The government has diversified import sources and 15 of 20 vessels carrying imported fertilizers have safely crossed the Strait of Hormuz.
Commodities Centre Approves ₹3,400 Crore Expansion of IndianOil's Ennore LNG Terminal to 10 MTPA
The Union Ministry of Environment, Forest and Climate Change (MoEFCC) has granted environmental clearance for the ₹3,400-crore expansion of IndianOil LNG Pvt Ltd's Ennore LNG terminal in North Chennai, doubling regasification capacity from 5 MTPA to 10 MTPA. The expansion, driven by rising natural gas demand in the region, will increase regasification capacity from 20 MMSCMD to 40 MMSCMD, supplying RLNG to industries across Tamil Nadu, Andhra Pradesh and Karnataka. Completion is expected in 54 months and supports India's goal of raising natural gas's share in the energy mix to 15% by 2030.
Manufacturing Ladakh Administration Approves PLI Scheme and Revolving Fund to Boost Pashmina Production
The Union Territory of Ladakh has approved a production-linked incentive (PLI) scheme and an ₹8 crore revolving fund to strengthen the Pashmina industry. The measures include a 25% incentive for herders, upfront payments, and targets to double the goat population to 4 lakh and raise average yield from 200g to 350g per goat.
Commodities Centre hikes onion procurement price by 13% to ₹2,125/quintal, 5th revision this season
The Indian government has raised the onion procurement price for buffer stock by 13% to ₹2,125 per quintal, effective July 4, 2026. This is the fifth upward revision this season, driven by slow procurement of only about 2,000 tonnes since June 1. Supply remains adequate with robust mandi arrivals, though delayed monsoon and speculative buying are affecting prices.
Commodities Centre Forms ICAR Committee to Address Andhra Pradesh Totapuri Mango Crisis
Union Agriculture Minister Shivraj Singh Chouhan has directed ICAR to form a high-level expert committee to study the challenges faced by Totapuri mango growers in Andhra Pradesh. The committee will assess the entire value chain from cultivation to exports and recommend long-term support measures. This follows a decline in Totapuri mango prices that has adversely affected farmer incomes.
Commodities India Sets Rice at Rs 2,320/quintal for Ethanol, Wheat at Rs 2,585-2,600 for Millers Under OMSS 2026-27
The Indian government has released the Open Market Sales Scheme (OMSS) policy for 2026-27, setting rice at Rs 2,320/quintal for ethanol distilleries and wheat at Rs 2,585-2,600/quintal for millers. The policy, effective until June 30, 2027, includes tiered pricing for various buyers and introduces a separate category for rice with 10% broken grain content. Allocation to state governments is fixed at 48 lakh tonnes, while no specific quantity is earmarked for other buyers amid concerns over a potential super El Nino impacting foodgrain production.
Commodities Government Maintains Sugar Allocation for July at Year-Ago Level as Prices Rise
The Indian government has maintained July's sugar allocation at 22 lakh tonnes, the same as last year, despite rising retail prices. Cumulative quotas for the 2025-26 season are 3% lower than last season. The export ban remains in place until September 30, with no exports likely in the next season.
Finance India's NIIF Gets Rs 30,000 Crore Boost for Infrastructure and New Funds
The Union cabinet has approved a fresh commitment of Rs 30,000 crore to the National Investment and Infrastructure Fund (NIIF) for setting up a second infrastructure fund and supporting new fund strategies. NIIF, which already manages commitments of around Rs 40,000 crore and has returned Rs 12,000 crore to investors, aims to leverage this additional capital to attract more private investment across sectors including transportation, energy, and digital infrastructure.
Regulations & Compliance US Government Assures India of Uninterrupted Access to Critical AI Technologies
The US has assured India that access to critical AI technologies will not be abruptly denied to trusted partners, according to Indian IT secretary S Krishnan. The assurance followed a US directive to Anthropic to restrict foreign nationals from accessing AI models. Both sides agreed on the need for collaboration and diversified supply chains.
Regulations & Compliance FRAI Urges Indian Government to Intensify Crackdown on Counterfeit Goods and Illicit Trade
The Federation of Retailers Association of India (FRAI) has urged the Indian government to strengthen enforcement measures against illicit trade and counterfeit products, citing risks to consumer safety and harm to millions of small retailers. The call came during a seminar titled 'Confronting Illicit Trade in Modern Markets' held in New Delhi.
Technology Trump White House Replaces Anthropic CEO Dario Amodei in AI Export Control Talks
The Trump administration has grown frustrated with Anthropic CEO Dario Amodei and replaced him with cofounder Tom Brown in meetings about re-releasing the Claude Fable 5 AI model. Export controls remain in place after the NSA affirmed jailbreak risks, and lawmakers have sent questions to Commerce Secretary Howard Lutnick about the path forward.
Commodities India Defends E20 Petrol Against Viral Claims, Pushes Ethanol Roadmap Towards E100 Ecosystem
The Ministry of Petroleum and Natural Gas defended E20 petrol against viral claims, calling them misleading and unsubstantiated. India has achieved 20% ethanol blending ahead of schedule and is now pushing towards an E100 ecosystem with flex-fuel vehicles, aiming to reduce crude oil imports and boost farmer incomes.