The United States government has expanded trade preference benefits under the Generalized System of Preferences to cover about $900 million more imports a year from India.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
Rising prices of cereals and concerns over rice production in the 2023-2024 crop year due to insufficient rains followed by floods could be the possible causes.
McDermott trade amendment to reinstate GSP benefits to India is approved by US House.
These tips will help you excel in the competitive exam.
Deputy US Trade Representative Karan Bhatia, has defended the Bush Administration's action to deny duty-free tariffs for imports of gold jewelry
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
India has been the single biggest beneficiary of the decades-old US Generalized System of Preferences programme, allowing the country to export $ 5.7 billion worth of duty-free goods in 2017, according to figures from US Congress.
'Hacking of an ID or an account will have the same impact on a user in a city and one in a small town.' 'Security is like a railroad, you create it to last for every customer.'
Indian start-ups breathed a sigh of relief after the UK government facilitated the acquisition of the now-defunct Silicon Valley Bank's (SVB's) British arm by HSBC. In a bid to allay fears, the US Federal Deposit Insurance Corporation (FIDC) announced recently that it had transferred all deposits of start-up-focused SVB to a newly created bridge bank and all depositors would have access to their money. President Joe Biden also sought to reassure jittery depositors that they can have confidence that the US banking system is "safe".
The Supreme Court on Monday said that it would hear on July 6 a plea filed by former Tamil Nadu Chief Minister Edappadi K Palaniswami challenging the Madras high court order staying the passing of any unannounced resolutions in the meeting of the All India Anna Dravida Munnetra Kazhagam general and executive councils concerning the issue of single leadership of the party.
India has raised tariffs on 28 items, including almond, pulses and walnut, exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
The top court also clarified that the general council of the AIADMK which is to take place on July 11, 2022, may proceed in the accordance with the law.
In a projection of India's growing maritime prowess, Defence Minister Rajnath Singh on Monday addressed the top naval commanders onboard the country's first indigenous aircraft carrier INS Vikrant in the Arabian Sea and witnessed a mega wargame, amid China's increasing military posturing in the Indian Ocean region.
Today, with the Lok Sabha polls only months away, any inter-state dispute over the Cauvery water dispute has the potential to take more political turns than otherwise, predicts N Sathiya Moorthy.
A December 28 board meeting of the Securities and Exchange Board of India (Sebi) may tighten norms for initial public offerings (IPOs). The board may look to prescribe a minimum 5 per cent gap in IPO price bands, extend the lock-in period for anchor investors to 90 days and cap the amount a majority investor can sell through offer for sale. The regulator is looking at whether there can be a preferred allocation for anchor investors who opt for a longer lock-in period, said a person familiar with the matter.
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.
The opposition party questioned why the government took five years after the liquidation proceedings of ABG Shipyard to lodge an FIR in connection with the alleged duping of 28 banks.
Dhaka emerged as the free capital of independent Bangladesh on December 16, 1971 after the war between India and Pakistan broke out on December 3 when the Indian troops directly stood beside the Mukti Bahini soldiers.
The MLAs of the three ruling parties and the BJP have reached Mumbai ahead of the elections.
A day after Congress leader Gourav Vallabh taunted Shashi Tharoor over his probable All India Congress Committee president poll bid, the party on Friday urged all its spokespersons and communication department office bearers to refrain from commenting on any colleague contesting the elections.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The declining trade deficit figures clearly reflect that the US exports to India are increasing.
Canada has emerged as the most preferred country for Indian students abroad.
Prime Minister Narendra Modi is likely to announce a host of initiatives for the health sector on Independence Day with the highlights being the 'Heal in India' and 'Heal by India' projects and a roadmap to eliminate sickle cell disease by 2047, official sources said.
Many companies are putting HR's reputation as a back office administrator to rest by either outsourcing or automating most administrative tasks.
Among the major ones are fewer restrictions on market access for US medical device manufacturers, as well as access for other key products.
'It did not vote against America, or for Russia.' 'If we had voted for the American motion, it would have spoilt our relationship with Russia without any change in Russia's behaviour.'
'The main reason is 'they' do not want to see Dalits especially in the morning!'
Trump had said a comprehensive trade agreement with India would take much longer to finalise than earlier expected.
'Valuations are very attractive, and most companies are cash-rich with strong dividend yields.'
Just like it happens in football, where everybody from around the world wants to play in European leagues, every cricketer would dream to play in the Big Bash, IPL and The Hundred, explains Abhishek Singh.
Xi's ascent to power and the quick consolidation of his leadership of the party with a shock anti-graft campaign securing the title of the "core leader" of the party bequeathed only to Mao has indeed forced his rivals in the party to submission and caught the attention of the world.
Solicitor General Tushar Mehta said the plea to grant recognition to or permit registration of such marriages was "not permissible" for two reasons -- firstly, the petition was asking the court to legislate and secondly, any relief granted "would run contrary to various statutory provisions".
However, the tender criteria demands that an entity must be eligible to conduct Beyond Visual Line of Sight operations in order to become eligible. Currently, no drone companies are eligible to do BVLOS operations, reports Arindam Majumder.
ICT products make up a minuscule $ 407 million, out of the $ 35.54 billion of total inbound shipments from the US, as of now.
Many businesses hire blockchain developers to provide the finest solutions and establish new technologies by utilising their superior expertise.
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