Under the pact, India has received an investment commitment of USD 100 billion over 15 years from the EFTA bloc, which includes Iceland, Liechtenstein, Norway, and Switzerland.
The four-day discussions, held from July 14 to 17, aimed to finalize an interim trade deal before August 1—when the U.S. is set to reimpose Trump-era tariffs of up to 26% on countries including India.
The minister laid out the stakes bluntly. With Russia producing 9 million barrels a day — 10% of global output — removing it from the equation would trigger chaos.
“We have noted the latest sanctions announced by the European Union,” said MEA spokesperson Randhir Jaiswal. “India does not subscribe to any unilateral sanction measures. We are a responsible actor and remain fully committed to our legal obligations.”
While cautioning against protectionism, Rajan said targeted tariff reductions could enhance competitiveness in sectors like auto manufacturing. “We produce certain kinds of cars very well,” he said, suggesting lower import barriers might even sharpen domestic performance.
According to government sources, these regulations have led to delays in a significant number of deals.
In a formal statement issued on July 17, AAIB emphasised that the preliminary report only outlines "what" happened, not why, and urged the media and public to avoid speculative or selective interpretations.
Preferential access could mean lower duties for Indian goods compared to those from countries like Vietnam. For instance, if Vietnamese goods face a 20% US tariff, Indian exports may be taxed less under the emerging arrangement.
Uber, Ola and other cab drivers have called for the rally at Azad Maidan to escalate the matter further.
The crackdown is based on data collected from UPI and other digital payment platforms between FY 2021–22 and FY 2024–25.
NATO chief Rutte had warned India, China and Brazil of 100 per cent secondary tariffs if they continued buying crude oil from Moscow.
Bhupesh Baghel who usually stays at the Raipur residence during the Assembly session was present at the Bhilai house when the raids started.
The Indian government insists that any dairy imports must be certified free of animal-derived feed — a “non-negotiable red line,” according to trade officials.
The Indian team is in Washington for the fifth round of negotiations for the proposed Bilateral Trade Agreement (BTA)
The economist then argued that far from being undertaxed, Indian farmers are actually net taxed when all policy distortions are accounted for.
FICCI-PwC report calls for diversification as coal, cement, and iron and steel collectively account for approximately 70% of total freight volumes carried by rail.
This statement highlights the ongoing negotiations aimed at reducing tariffs and enhancing bilateral trade relations between the two nations.
The CA's warning comes as many vendors in Bengaluru have begun moving away from digital payments altogether
Kanwal Sibal pointed out that Turkey imports huge amounts of Russian oil and questioned if the NATO Secretary General will press sanctions on a member. “Conveniently silent on this," he said.
Dr Ashok Gulati said that public resources in agriculture are being disproportionately directed towards subsidies instead of long-term investments
Karnataka movie ticket price capped at Rs 200: While many have welcomed this move as a treat for moviegoers, many have also questioned the state government’s priorities.
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