India’s competitiveness cannot be defended abroad if it is eroded at home. Short-term measures can provide a cushion, but without reforms, exporters will remain perpetually vulnerable.
Tariffs have been used in the past by countries like Japan and South, to promote or hinder industrialisation. The surprise in Trump’s tariff argument is two-fold.
Win-win negotiations are always about give and take, a deft combination of assertion and acquiescence. A mutually acceptable trade deal would do a lot of good to both countries.
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
The US Trade Representative further added that termination of 6 WTO disputes with India & the country's removal of retaliatory tariffs last June has benefitted farmers across US.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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