The US is increasingly using tariffs as a strategic tool; it imposed 25 per cent duties on steel and aluminium and recently extended the same 25 per cent tariff to imported automobiles and automobile parts. It is also considering additional levies on pharmaceuticals and semiconductors. This
Terming a report in a US-based publication about an Indian defence PSU selling imported equipment to a supplier of Russian arms agency as "factually incorrect and misleading", sources said on Monday that the report has tried to "frame issues and distort facts to suit a political narrative".
In a significant policy announcement from the Oval Office, President Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing.
Nagpur (Maharashtra) [India], March 7: A Nagpur-based research and development company has developed indigenous technology for manufacturing Water-Soluble Fertilizers (WSFs), offering a major breakthrough in reducing India's reliance on imports. In FY 2023-24, the country imported 3.5 lakh t
In the final quarter of 2024, the EU exported more goods to non-EU countries than it imported, resulting in a trade surplus of Euro 27.2 billion, according to figures published by Eurostat, the statistical office of the European Union. This marked the sixth consecutive quarter of a positive
India is considering reducing tariffs on more than 30 items and increasing its purchases of US defence and energy products to prevent higher reciprocal tariffs from the United States, according to a report by Nomura
Earlier today, the Customs Tariff Commission of the State Council said that starting from February 10 an additional 15-per cent tariff will be imposed on imported coal and liquefied natural gas originating from the United States
"In 2027, hopefully we should be out with our own JSW EV. We are doing a huge amount of research on it and we will bring the car. I think that's one area where as I said, we have to reduce our dependence on imported fuel and electric mobility is one area which can do that," Jindal said, u
New Delhi [India], January 1: In a world where healthy eating has become a lifestyle, one brand is making waves by bringing nutritious, traditional food products to the modern consumer in a fresh and attractive way. Boyo, the rapidly expanding healthy food start-up, is carving a niche in the
In a major operation against smuggling activities, Assam Rifles, in collaboration with the Customs Department, successfully intercepted a consignment of 270 cartons of imported foreign cigarettes containing approximately 25 lakh sticks, along with a truck in Tripura's Dhalai District. The es