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.

Centre notifies Immigration and Foreigners (Amendment) rules; revamps process

IANS | June 2, 2026 10:31 AM

New Delhi, June 2 (IANS) The Ministry of Home Affairs (MHA) has notified the Immigration and Foreigners (Amendment) Rules, 2026, introducing significant changes to the registration process for foreigners, provisions relating to children with Indian parents, emergency registration cases, and the appeals mechanism under the Immigration and Foreigners Rules, 2025.

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.