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.
India's renewable energy sector is experiencing hurdles such as low tender demand, delays in power agreements, and project cancellations, potentially hindering the nation's goal of 500 GW non-fossil fuel capacity by 2030.
The GST Council has revamped the Group of Ministers on GST revenue analysis to address sector-specific tax policy issues and explore unified enforcement strategies to combat tax evasion.
JSW Group Chairman Sajjan Jindal has raised doubts about Tesla’s ability to succeed in India’s electric vehicle (EV) market, emphasizing the dominance of domestic players. He highlighted that Indian manufacturers, including Tata Motors and Mahindra & Mahindra, have already established a stronghold, making it difficult for Tesla to replicate its global
Indian exporters are urging the government to reduce import duties on select goods from the United States in response to the recently imposed 25% tariff on steel and aluminum imports by the US. The move aims to offset the financial strain on small and medium-sized engineering goods exporters, who are expected to face significant challenges […]
The recent imposition of tariffs by the United States on imports from China, Mexico, and Canada is expected to create new trade opportunities for Indian exporters. With higher duties making products from these nations less competitive, experts believe Indian industries could step in to bridge the supply gap, particularly in sectors like textiles, engineering, chemicals,
