Pakistan has offered Bangladesh the use of its Karachi port for exporting jute and other goods, marking a significant geopolitical move amid deteriorating India-Bangladesh relations. The offer comes shortly after India banned the import of jute products through land routes, a major blow to Bangladesh’s export sector. The development was formalized during the Pakistan-Bangladesh Joint Economic Commission (JEC) meeting in Dhaka, held after a gap of nearly 20 years, signaling a thaw in relatio

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

In a high-stakes logistics maneuver that has grabbed the attention of global tech and trade watchers, Apple has reportedly shipped a significant consignment of iPhones from India to the United States in a matter of days, ahead of a new import tariff deadline imposed under President Donald Trump’s trade policy. According to multiple sources close to the operation, the tech giant arranged for as many as five aircraft to carry the devices across continents, with the aim of bypassing a

This month, the announcement of sweeping 25% tariffs on cars “not made in the U.S.” has sent ripples through the global automotive industry, especially affecting Asian car manufacturers. U.S. President Donald Trump’s decision has put significant pressure on automakers ahead of the implementation of the new duties, which are set to take effect later this week. The move has particularly shaken Japanese and South Korean carmakers, many of whom rely heavily on the U.S. market. S

President Donald Trump's 25% tariffs on auto imports, which are set to take effect on April 3, are expected to have far-reaching effects on the automotive industry in the U.S. Even if you're not actively in the market for a new car, these new tariffs could impact the cost of owning and maintaining your vehicle. The tariffs, designed to boost domestic manufacturing and generate significant revenue, will raise the price of cars imported from foreign countries. But beyond the initial cos

  The global automotive industry is facing yet another wave of trade uncertainty following the reintroduction of tariffs by former U.S. President Donald Trump. His latest move to impose a 25% tariff on imported cars has sent shockwaves across international markets, particularly affecting European carmakers. While some automakers have successfully maneuvered through these trade barriers, others are grappling with the economic repercussions.

The United States has reportedly asked India to eliminate tariffs on nearly all goods except agricultural products, according to a CNBC-TV18 report on March 6. If India accepts this demand, it would mean removing key trade protections while receiving little in return. The proposal has raised concerns in India, as it comes amid escalating trade tensions between the two countries.US President Donald Trump has been vocal in his criticism of India’s trade policies, repeatedly labeling them

Microchip Technology has announced plans to lay off 2,000 employees, approximately 9 percent of its global workforce, as part of a restructuring plan aimed at cost reduction and operational efficiency. The decision is driven by declining semiconductor demand, particularly from the automotive sector, where companies are struggling to clear existing chip inventories before placing new orders.The semiconductor industry has faced challenges over the past year, with demand fluctuations affecting m

A terrifying incident in Houston has raised serious concerns about vehicle recalls and safety after a local woman’s Range Rover exploded following a possible malfunction. Selda Johnson-Nauls was driving on the highway when she noticed unusual dashboard activity in her 2019 Range Rover, signaling a serious issue with the vehicle. Moments later, she was forced to pull over, unaware that she was just seconds away from a life-threatening explosion.

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

The Union Budget 2025 introduced a significant revision to the income tax exemption limit, raising it to ₹12 lakh. This change has sparked expectations of increased consumer spending, particularly in sectors such as automobiles and fast-moving consumer goods. With more disposable income available to middle-class taxpayers, the automotive industry is poised to see shifts in demand, with varying effects across vehicle segments. Analysts believe that while this tax policy revision may drive ov

India's government is investigating rising steel imports, particularly in two categories of flat-rolled steel products (HS 7208 and 7210), which account for over 75% of the surge in imports. Instead of implementing global safeguards, experts suggest that India should focus on Free Trade Agreement (FTA)-specific safeguards and measures targeting China. Many imports come duty-free under FTAs with coun

India has started a probe into the alleged dumping of liquefied natural gas (LNG) fuel tanks from China, following a complaint by domestic company Inox India Ltd. The company has requested the imposition of anti-dumping duties, claiming that the influx of cheap imports is negatively affecting the profit margins of the domestic industry. These LNG fuel tanks are used for transporting methane gas in vehicles like trucks. The Directorate General of Trade Remedies (DGTR), which handles

As the global community grapples with the urgent need to address climate change and reduce carbon emissions, sustainable transportation initiatives are gaining momentum as key solutions to mitigate environmental impact. These efforts focus on promoting eco-friendly transportation options, such as public transit, car-sharing programs, and urba

Artificial intelligence (AI) is revolutionizing the automotive industry, reshaping vehicle design, manufacturing processes, safety features, and user experiences in unprecedented ways. With its ability to analyze vast amounts of data, identify patterns, and make real-time decisions, AI is driving innovation and ushering in a new era of smart and connected vehicles. One area where AI is making a significant impact is in vehicle design

Classic car restoration is more than just a hobby; it's a labor of love that honors automotive history, craftsmanship, and cultural heritage. Restoring and preserving vintage automobiles requires a unique blend of artistry, mechanical expertise, and historical appreciation, making it a cherished tradition among enthusiasts worldwide.

Autonomous driving technology, also known as self-driving cars or driverless vehicles, represents a significant advancement in the automotive industry with the potential to revolutionize transportation. This technology aims to enable vehicles to operate without human intervention, relying on sensors, cameras, radar, and artificial intelligenc

Driving Towards a Sustainable Future: The Rise of Electric Vehicles and Innovations in Automotive Technology Electric vehicles (EVs) are revolutionizing the automotive industry, offering a cleaner, more sustainable alternative to traditional gasoline-powered cars. With advancements in battery technology, charging infrastructure, and