RSP MP N K Premachandran calls for the government to allow meaningful discussions on key issues like tariffs and the Waqf Bill. He also commended Karnataka's quick action on the Hampi incident and urged preventive measures.
Patanjali Founder Baba Ramdev on Sunday strongly condemned US President Donald Trump's decision to impose reciprocal tariffs, which would be initiated from April 2, calling it a form of "tariff terrorism."
The outlook for private equity in 2025 will depend on the macroeconomic stability, as global mergers and acquisitions (M&A) activity showed signs of slowing early in the year, and uncertainty around inflation, interest rates, and tariffs persists, said a report by Bain & Company.
Jairam Ramesh shared a trivia about how in 1913, the US Constitution was amended to introduce a federal income tax and the economist who championed for the same was a mentor of Dr B R Ambedkar.
Congress' Pawan Khera slammed Prime Minister Narendra Modi-led government Donald Trump's statement on India agreeing to 'reduce' tariffs and questioned whether the reported deal was signed "under pressure."
Congress General Secretary Jairam Ramesh on Saturday questioned Prime Minister Narendra Modi-led government over Donald Trump's statement on India agreeing to 'reduce' tariffs and expressed concern over the alleged deal.
Congress MP Manish Tewari on Saturday said that if India has decided to reduce tariff under the pressure of US then it is "unfortunate" and "does not make for good trade policy."
Speaking from the White House, Trump stated, "India charges us massive tariffs. Massive. You can't even sell anything in India...They have agreed, by the way; they want to cut their tariffs way down now because somebody is finally exposing them for what they have done."
In a weekly briefing, MEA spokesperson Randhir Jaiswal said that the agreement aims to strengthen and deepen India-US two-way trade in goods and services, increase market access, and reduce tariff and non-tariff barriers.
US Commerce Secretary Howard Lutnick on Friday expressed optimism about India-US trade ties, emphasizing the need for India's agricultural trade to open up amid US President Donald Trump's plans to impose reciprocal tariffs on US trading partners, including India.
India's export growth has been hampered over the past decade due to a combination of high import tariffs and low foreign direct investment (FDI) in mid-tech manufacturing sectors, according to a report by HSBC.