With the United States set to impose a steep 50 per cent tariff on Indian textile and apparel exports starting August 27, the Confederation of Indian Textile Industry (CITI) has called for urgent government intervention to mitigate the impact on the sector.
The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent
Georg Enzweiler, Deputy Head of Mission, German Embassy in India, said that Germany would always be in favour of reducing tariffs to the minimum levels, reacting to the reciprocal tariffs imposed by US President Donald Trump.
Indian stock markets opened under pressure on Tuesday as the United States Customs Department went ahead with the decision to impose 50 per cent tariffs on Indian goods and published a draft notice.
Thousands of demonstrators took to the streets across Australia on Sunday to call for an end to what they described as the ongoing genocide in Gaza and to urge the government to impose sanctions on Israel, Al Jazeera reported.
Former Jharkhand CM and BJP leader Champai Soren accepted house arrest imposed to maintain law and order before his protest against the proposed land acquisition for RIMS-2 in Ranchi. Police confirmed the measure is necessary to prevent disturbances.
At least 51 Palestinians have been killed in Israeli attacks across Gaza as Israeli forces advance deeper into Gaza City in a bid to impose their evacuation plan, Al Jazeera reported, citing medical sources.
The Central Consumer Protection Authority imposed a Rs 3 lakh penalty on VLCC for publishing misleading advertisements promoting CoolSculpting as a permanent weight-loss solution. CCPA emphasized that the US-FDA approved procedure is only for localized fat reduction in specific body areas
Former India hockey captain and Congress MLA Pargat Singh appealed to the Central Government to immediately intervene in the matter of the temporary ban imposed on work visas for truck drivers in the US.
Ambassador of India to the US, Vinay Mohan Kwatra, on Friday engaged in productive discussions with US lawmakers to strengthen bilateral relations between the two countries after President Donald Trump imposed 50 per cent tariffs on Indian goods.
US President Donald Trump on Friday (local time) said that he is going to take a "very important decision" in the next two weeks on Russia-Ukraine war, suggesting that he might impose "massive sanctions or tariffs" on Kremlin or tell Kyiv that it's not Washington's war.