Industry insiders say any rise in duties on Indian generics will squeeze profits for Indian companies, but will also make the drugs costlier for patients in US.
The strategic drift currently being witnessed runs the risk of confirming the doubters’ view lurking on both sides: that the US is an unreliable power, and India is a reluctant partner.
All 16 major sectors logged losses, with the Nifty 50 falling to 24,703.1 points. After announcing the tariffs, Trump said US is still negotiating with India on trade.
New Delhi: US President Donald J. Trump Wednesday announced that India will pay a 25 percent tariff starting 1 August, as trade negotiations between...
During South Korean NSA's visit to the US, Trump sent a letter to President Lee, stating that US will begin imposing 25% tariffs on all South Korean imports starting 1 Aug.
Once acquired by IAF, the medium transport aircraft (MTA) will replace both AN-32s and IL-76s, it is learnt. The idea behind the revamp is to meet modern operational needs.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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