Finance Minister Nirmala Sitharaman announces imminent reductions in GST rates and rationalization of tax slabs, with the review process in its final stages, aiming to simplify the tax structure and promote economic growth.
India seeks a balanced trade agreement with the U.S., aiming to double bilateral trade to $500 billion by 2030, while prioritizing national economic interests amid discussions on tariff reductions and reciprocal measures.
Elon Musk alleges that George Soros and Reid Hoffman are financing protests against Tesla through activist groups linked to ActBlue, claiming a coordinated effort to undermine his company.
In response to Canada's tariffs on Chinese goods, China announces new tariffs on Canadian agricultural products, including rapeseed oil and pork, effective March 20, 2025.
Afghan women who sought education abroad after fleeing the Taliban’s rule are now facing a dire situation due to recent funding cuts by the United States Agency for International Development (USAID). The sudden financial withdrawal threatens to disrupt their studies, leaving them vulnerable to deportation or forced return to Afghanistan, where severe restrictions on
India’s retail inflation is expected to ease to 4.1% in February, driven by a decline in vegetable and milk prices. The drop is attributed to improved supply conditions and stable pricing in key food categories. Despite this, concerns over rising costs in certain food segments persist, keeping inflation risks on the radar. Vegetable Prices Contribute […]
India’s foreign exchange reserves recorded a decline of $1.781 billion, bringing the total to $638.698 billion for the week ending February 28, according to the latest data from the Reserve Bank of India (RBI). The drop was primarily attributed to reductions in foreign currency assets and gold reserves, which form key components of the country’s […]
Larsen & Toubro (L&T), a leading private-sector defense manufacturer in India, has expressed its interest in establishing a production line for indigenous fighter jets. This initiative is aimed at addressing the Indian Air Force’s (IAF) growing aircraft shortage, which has become a critical concern for national security. “We are fully prepared to manufacture
The Global Trade Research Initiative (GTRI) has advised India to reconsider its ongoing trade negotiations with the United States. According to GTRI, the US exerts excessive pressure on India to make trade concessions that could impact the country’s economic and strategic interests. “India should withdraw from all negotiations with the US and engage with them
The United Nations High Commissioner for Human Rights, Volker Türk, has called for a thorough investigation into the deaths and alleged human rights violations that occurred during the 2024 protests in Bangladesh. The demonstrations, which escalated into widespread unrest, ultimately led to the ousting of Prime Minister Sheikh Hasina, who fled the country in early […]