Former Union Finance Minister and senior Congress leader P Chidambaram has welcomed the Centre's decision to rationalise GST rates to two slabs, stating that he appreciates the government for "realising" its mistake after eight years of its introduction on July 1, 2017.
Top Economist and Vice President of Observer Research Foundation, Gautam Chikermane, has sharply criticised US President Donald Trump for imposing 50 per cent tariffs on India on the pretext of buying Russian oil, calling it "hypocrisy" and "pure bullying."
Former US National Security Advisor John Bolton on Thursday (local time) lambasted US President Donald Trump for pushing Prime Minister Narendra Modi closer to Russia and China in the backdrop of 50% tariffs imposed on India, ruining decades of hard work by the previous US administration.
During a media interaction following his four-day visit to China, the Russian President dismissed the relevance of the Ukraine situation to recent trade actions, noting that the narrative was being deliberately exploited to justify trade restrictions and tariffs that, in reality, serve un
In a post on X, Chidambaram said the current GST design and rates should not have been introduced in the first place, adding that the opposition had repeatedly warned against these issues for years, but their pleas were ignored.
Jaishankar stressed that a stronger economic partnership between New Delhi and Berlin would not only boost bilateral trade but also contribute to stabilising the global economy.
He also called India the largest buyer of Russian oil after China, indicating that New Delhi could face further penalties if it continues energy imports from Moscow.
Union Minister of Commerce and Industry, Piyush Goyal, chaired a meeting with Export Promotion Councils (EPCs) and Industry Associations on Wednesday to address rising global tariffs, explore solutions, and chart a path forward amid shifting trade dynamics.
"The policy of 'multi-alignment' that you (PM Modi) have followed is bound to offer rich dividends in the near future. The world has only begun to understand its importance and pragmatism. This is a very constructive and positive formulation compared to our earlier espousal of 'non-alignm
The session 'Commercial Exports through India Post' comes at a critical time as Indian exporters face tariff uncertainties, particularly with the United States, which has imposed 50 per cent tariffs on imports from India.
US President Donald Trump again claimed that New Delhi has offered him a "no tariff" deal as he justified his move to impose a 50 per cent tariff on Indian goods.
Speaking to ANI, Rajasthan Woollen Industry Association President Kamal Kala called for the Central government's "immediate intervention" into the matter.