Category: Politics

NEW DELHI: Pharmaceutical experts and the medical technology sector are seeking extension of the production-linked incentive (PLI) scheme to cover active pharmaceutical ingredients (APIs). They also expect the government to provide structured support for healthcare innovation and to rationalise duties on advanced cancer radiation equipment, making them more accessible in areas beyond major cities. The industry […]

US President Donald Trump’s backing of a sanctions bill proposing a punitive 500% tariff on buyers of Russian oil is being viewed by Indian oil industry executives as a pressure tactic rather than an intent to enforce it, aimed at squeezing India in trade negotiations while nudging Moscow towards a peace settlement. US senator Lindsey Graham […]

Budgets are often judged by numbers, growth projections, fiscal deficits and capital expenditure targets. Yet their true test lies elsewhere: in whether they improve the everyday lives of citizens. Not just the land, but its people. As the annual build-up to the Union Budget gathers pace ahead of its February 1 presentation, familiar discussions are surfacing. […]

With less than a month to go before Finance Minister Nirmala Sitharaman presents the Union Budget on February 1, chief financial officers, industry leaders and regulators have laid out a pre-Budget checklist centred on employment generation, tax decriminalisation, compliance simplification and execution of reforms already announced. At the first discussion under the ETBFSI and ETCFO Union […]

The Union budget, set to be tabled next month, is likely to see a rise in defence and capital expenditure as the government balances its fiscal consolidation agenda against growing domestic and external spending pressures, as per a report by BMI, a Fitch Solutions firm. While the research firm believes that the government will target a […]

Finance ministry plans to scrap five-year-old restrictions on ‍Chinese firms bidding for government contracts, two sources said, as New Delhi seeks to revive commercial ties in an environment ⁠of eased diplomatic and border tensions. The curbs, imposed in 2020 after a deadly clash between the countries’ troops, required Chinese bidders to register with an Indian government […]

After many years of toying with the idea of privatisation of the State Distribution Company-Mahavitaran (Discom) the Maharashtra government is taking a bold step of listing the Discom. The State Governement had made public statements of privatisation 2 years back which was vehemently opposed and CM had to clarify that there was no such move being […]

Indian exporters of products ranging from home decor to leather shoes are worried about missing the US summer shopping season if they are unable to lock in orders in January as trade-deal talks drag on between New Delhi and Washington. This will be the decisive month for sealing the trade pact so contracts can be secured […]

Trump 500% Tariff Bill: American Senator Lindsey Graham has said that US President Donald Trump has given the green light to a bipartisan Russia sanctions bill that could be used as leverage against countries such as India, China and Brazil for continuing to buy Russian oil. The proposed legislation aims to penalise nations that, according to […]

WASHINGTON: U.S. President Donald Trump on Wednesday signed ⁠a proclamation withdrawing the United States from 35 non-United Nations organizations and 31 U.N. entities that “operate contrary to U.S. national interests,” ‌the White House ‌said in a statement. The White House did not list the organizations ‌but said they promote “radical climate policies, global governance, and ideological […]