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Friday, July 18, 2025
TopicGeneralised System of Preferences

Topic: Generalised System of Preferences

Thank You India: US could reinstate GSP trade benefits in return for HCQ, paracetamol

Amid the Covid-19 crisis, India and the US are discussing a limited trade deal. The two sides are reportedly considering bringing the GSP benefits under this package.

Donald Trump attacks India on trade even as US seeks help from it to counter China

The Trump administration had informed Congress that it wants to scrap trade concessions for India, the largest beneficiary of the generalized system of preferences. 

On Camera

Critical minerals are the new oil. India can’t afford to depend on China

Mineral security is no longer just an economic concern but a national security imperative, underpinning the country’s ambitions in clean energy, defence self-reliance, and advanced manufacturing.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

RSS chief Bhagwat draws the line at 75. India’s politics stares at the Modi Exception

BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.