The U.S. plan to impose reciprocal tariffs could significantly affect Indian pharmaceutical exports due to increased costs, while India’s automotive sector is expected to remain largely unaffected.
The Reserve Bank of India has fined four non-banking financial companies a total of ₹76.6 lakh for non-compliance with guidelines related to peer-to-peer lending platforms, emphasizing the importance of regulatory adherence in the financial sector.
To protect domestic manufacturers, India has levied an anti-dumping duty of up to $986 per tonne on imports of trichloroisocyanuric acid (TCCA) from China and Japan for five years. This measure aims to counteract unfair pricing and support the local chemical industry.
JSW Greentech Ltd, a subsidiary of the JSW Group, has announced plans to raise approximately ₹1,487 crore through a long-term loan to establish a greenfield facility in Aurangabad, Maharashtra. This initiative aims to bolster the production of electric buses (e-buses) and electric trucks (e-trucks), aligning with India’s push towards sustainable transportation
In February 2025, Meta, HP, and Salesforce announced substantial layoffs as part of strategic efforts to streamline operations and adapt to technological advancements, reflecting broader trends in the tech industry.
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.
In December 2024, China's exports surged to a record $540 billion as manufacturers accelerated shipments to avoid impending U.S. tariffs proposed by President Donald Trump.
