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Department of Commerce

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National Governance & Policy 03 Oct 2026, 03:38 AM IST

India Extends RELIEF Scheme to Cushion Exporters from West Asia Logistics Shock

Indiaโ€™s Department of Commerce has extended Component II of the RELIEF scheme, a targeted logistics support measure designed to help exporters absorb disruptions linked to West Asia. The September 30 notification, issued under the Export Promotion Mission, signals a policy response aimed at preserving shipment reliability, easing cost pressures, and protecting trade flows at a time of elevated regional uncertainty.

By RDU Global Wire4 min read
World Politics & Diplomacy2h ago

U.S. Signals Deeper Energy and Trade Ties as Guinea-Bissau Marks 53rd National Day

Secretary of State Marco Rubio used Guinea-Bissau's 53rd National Day to reaffirm Washington's interest in a growing economic partnership, with particular emphasis on energy. In a Sept. 24, 2026 statement, he said the United States is deepening cooperation and expanding trade and investment opportunities that he said should benefit both Americans and Bissau-Guineans.

4 min readRead โ†’
Global Society & Public Affairs3h ago

U.S. Pledges Additional $31 Million to Help Nepal Rebuild After Deadly Floods

The United States said it will provide an additional $31 million to support Nepal's flood recovery, expanding aid for bridges, water and sanitation, shelter, livelihoods and disaster-response tools. The announcement came after Under Secretary of State for Political Affairs Allison Hooker met Nepalese Foreign Minister Shisir Khanal in New York and expressed sympathy for those affected, including the families of about 70 Americans still unaccounted for.

4 min readRead โ†’
World Politics & Diplomacy11h ago

Trump Rules Out Bessent as AI Czar, Keeping Treasury Chief in Place

President Donald Trump said Friday that Treasury Secretary Scott Bessent will not be named his artificial intelligence czar, reversing speculation that had circulated after reports from Semafor and Reuters. Trump said Bessent does not want the job and is doing "such a great job at Treasury" that he intends to keep him there.

4 min readRead โ†’

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