India-US trade deal talks begin today: What to expect

IANS | June 2, 2026 11:23 AM

New Delhi, June 2 (IANS) India and the US are scheduled to hold fresh trade negotiations from Tuesday and both sides are aiming to finalise the first phase of a long-awaited Bilateral Trade Agreement (BTA) that could significantly reshape trade ties between the two countries.

Mesabi Metallics monetizes portion of royalty interest for $265 million

IANS | June 2, 2026 11:14 AM

New Delhi, June 2 (IANS) Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, has agreed to sell 50 per cent of its royalty interest to The Metals Royalty Company Inc. (TMCR) for a total consideration of $265 million, implying a valuation of more than $500 million for the royalty platform.

Govt set to revise WPI base year, launch Producer Price Index

IANS | June 2, 2026 10:06 AM

New Delhi, June 2 (IANS) The government is set to revise the base year of the Wholesale Price Index (WPI) to 2022-23 and launch the Producer Price Index (PPI), a significant step towards updating India’s inflation measurement framework.