Import tariffs are not an economic consideration for the government of India anyway, with data from Budget 2025-26 showing that customs duty isn’t a key revenue source.
The Nifty 50 index opened at 22,940.15, falling by 152.05 points or 0.66 per cent, while the BSE Sensex dropped 490.03 points or 0.64 per cent to open at 75,700.43.
Finished steel imports from China hit a seven-year high over April-August while overall finished steel imports hit a six-year high of 3.7 million metric tons.
Biden administration puts in new curbs to counter low-value products mainly originating from China-founded e-commerce platforms. This comes 2 months ahead of US presidential elections.
US says if restrictions aren’t checked, India can’t be integrated into global supply chains. China raises FDI issue, EU says Covid has amplified barriers.
Tariffs will be eliminated on at least 92% of traded goods among the 15 nations that signed the RCEP. Meanwhile, some of India’s top 10 exports will face erosion in market share.
China imports between 2 million to 3 million tons of Australian barley, considered the best, as domestic production can not meet quality requirement of breweries.
One has to be incredibly credulous to buy BJP spin masters’ argument that the government got rid of Vice President Jagdeep Dhankhar for harmonious relationship with the judiciary.
Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
Wholeheartedly agree with your views which I have for long supported that India must lower tariffs and move to a more market friendly policies. We need to start by dramatically reducing the size of our bureaucracy who will neither let you to simplify regulations nor allow any meaningful reforms.
The protectionist decade has harmed manufacturing, exports, job creation. Economists of the caliber of Dr Arvind Panagariya in Niti Aayog should have flagged issues early on.
Wholeheartedly agree with your views which I have for long supported that India must lower tariffs and move to a more market friendly policies. We need to start by dramatically reducing the size of our bureaucracy who will neither let you to simplify regulations nor allow any meaningful reforms.
Well articulated. Indian manufacturers need support but not mollycoddling.
The protectionist decade has harmed manufacturing, exports, job creation. Economists of the caliber of Dr Arvind Panagariya in Niti Aayog should have flagged issues early on.