no more 10-minute delivery by quick commerce companies KOCHI l wednesday l January 14, 2026 l `9.00 l PAGES 16 l LATE city EDITION Iran’s trade Major partners in total trade in 2024 India $3.6 bn Iraq Turkiye UAE China $12.3 bn $17.3 bn $32.4 bn $28.2 bn Govt: Addl 25% Iran-linked tariff to have minimal impact on India Source: Trade Data Monitor via WTO, compiled by Bloomberg Despite being one of the top 10 trading countries of Iran, India accounts for only 2.9% of total share of trade, show data With toll topping 2,000, Donald Trump announces fresh levy to press Tehran to go easy on protesters mainly from the UAE ($21 billion 30%), China ($17 billion - 26%), Turkiye While US President Donald Trump ($11 billion - 16%) and the EU ($6 billion delivered yet another blow by an- - 9%). India’s share was only $1.2 bilnouncing 25% additional tariff on lion (2.3%). Top exports from India to countries that do active trade Iran include cereals, coffee, with Iran, gover nment tea, spices, edible oil, etc. “There is still no clarity on sources said India is likely to whether humanitarian prodhave minimal impact. Their ucts like food and medicines confidence stemmed from will be exempted. India sigthe fact that India’s total nificantly exports such prodmerchandise trade with Iran ucts. In any event, given the stood at only $1.6 billion (in low overall trade volume, the 2024-25), which is 0.15% of macro impact will be low. If the country’s total trade. Iranian Patriots, these products are exempted, “For India, Iran does not even figure in the top 50 glo- KEEP PROTESTING - the impact will be even lowTAKE OVER YOUR er,” said Anup Wadhawan, bal trading partners. India’s INSTITUTIONS!!! . trade value with Iran is ex- I have cancelled all former commerce secretary Trump announced the adpected to further go down in meetings with ditional tariff to pressure the current fiscal year given Iranian Officials.... external economic factors. HELP IS ON ITS WAY. Iran to step back from its MIGA!!! crackdown on a wave of pro(Therefore) 25% tariff antests in the country that have nounced by the US on trade partners of Iran is likely to have mini- left over 2,000 dead. As per the data colmal impact on India,” said govern- lated by Bloomberg citing WTO, India despite being one of the top 10 trading ment sources. Iran’s total import in 2024 was worth countries of Iran accounts for only about $68 billion, sourcing it goods 2.9% of total share of trade. P u s h p i ta D e y @ New Delhi Eternalowned quickcommerce firm Blinkit dropped its ‘10-minute’ delivery claim after a Union labour ministry fiat on Tuesday Keeps in mind risks of quick delivery model Other aggregators, like Zepto and Swiggy-owned Instamart, are also expected to follow suit. The decision to do away with the ‘10-minute’ delivery model came after Union Labour Minister Mansukh Mandaviya persuaded aggregators, keeping in mind concerns over safety of workers galloping to close orders. P10 In a statement, Gig and Platform Service Workers Union welcomed the govt’s decision to discontinue the instant delivery system 2.3cr is the projected strength of india’s gig workforce by 2030 EAM and Rubio talk trade, possible meet next month Jaishankar said the conversation also covered nuclear cooperation, A day after Washington’s new am- defence and energy. Gor, too, said bassador to New Delhi Sergio Gor that Rubio and Jaishankar dissaid India and the US cussed “next steps rewould take up outstandgarding our bilateral ing trade issues, Extertrade negotiations, critinal Affairs Minister S cal minerals and a posJaishankar spoke to s i bl e m e e t i n g n e x t Secretary of State Marmonth.” co Rubio on Tuesday S Jaishankar Marco Rubio The diplomatic outand discussed the next reach signals an early steps in the trade negotiations, crit- effort to stabilise India–US relaical minerals and a possible meet- tions. On Monday, Gor described ing next month. the current frictions as part of a Highlighting the breadth of en- mature partnership capable of gagement between the two sides, managing disagreements. J aya n t h J a c o b @ New Delhi EXPRESS READ Court nod to arrest thantri in second case Former CPM MLA Aisha Potty joins Congress Split verdict on prior nod clause in anti-graft law T’Puram: In yet another setback to Sabarimala thantri Kandararu Rajeevaru, the Vigilance Court in Kollam on Tuesday granted the SIT nod to arrest him in the dwarapalaka idol gold misappropriation case as well. P4 T’Puram: In a major blow to the CPM ahead of assembly polls, senior leader and former MLA P Aisha Potty has joined the Congress. A three-time MLA from Kottarakkara, Aisha is likely to contest from her home constituency on Congress ticket. P4 New Delhi: The Supreme Court on Tuesday delivered a split verdict on the validity of a 2018 provision that was inserted into the Prevention of Corruption Act, 1988, which mandates prior approval from the government before investigating public officials in corruption cases. 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