Category: Politics

I observe a vibrant warehouse bustling with activity. Conveyor belts and AMRs move packages efficiently amidst busy workers and towering shelves. India’s booming e-commerce sector, expected to reach $315-330 billion by 2030, is facing regulatory challenges that industry leaders warn may slow its growth trajectory. At a webinar hosted recently by the Policy Consensus Centre (PCC) […]

Automakers warned that such price distortions will worsen under the safeguard regime, forcing them to absorb higher costs or pass them on to consumers. The Directorate General of Trade Remedies’ (DGTR) decision to impose a three-year safeguard duty on steel imports could severely hurt India’s automobile industry by raising input costs and disrupting supply chains, according […]

HSBC noted that while a complete cess removal is unlikely, any reduction would support demand revival. The government’s plan to rationalise goods and services tax (GST) slabs could lift long-term automobile demand and create jobs, according to HSBC Global Investment Research, reports ANI. The government is considering reducing the 28 per cent GST slab to 18 […]

The government aims to slash Goods and Services Tax (GST) on insurance premiums to 5% or even zero from 18% currently, said a Reuters report citing sources. The proposal is part of the upcoming GST 2.0 blueprint, which aims to simplify the indirect tax structure and reduce the burden on both citizens and businesses. Insurance company […]

US Secretary of State Marco Rubio warned on Monday that energy prices could rise if the United States imposes secondary sanctions on China for refining Russian oil. The statement follows growing questions over why the U.S. imposed an additional 25% tariff on India for purchasing Russian oil, while taking no similar action against China. In an […]

New Delhi, The Jan Vishwas (Amendment of Provisions) Bill 2025, which seeks to decriminalise certain minor offences to promote ease of living and business, was introduced in the Lok Sabha on Monday and referred to a Select Committee. Introducing the bill, Commerce and Industry Minister Piyush Goyal said the bill seeks to enhance trust-based governance for […]

President Donald Trump failed to secure an agreement from Vladimir Putin on Friday to end Russia’s war in Ukraine, falling short in his most significant move yet to stop the bloodshed, even after rolling out the red carpet for the man who started it. “There’s no deal until there’s a deal,” the U.S. president said, after […]

U.S. President Donald Trump said on Friday he does not need to immediately impose retaliatory tariffs on countries such as China for buying Russian oil, though he may revisit the issue “in two or three weeks”, reported Reuters quoting Fox News. Trump has threatened fresh sanctions on Moscow and secondary penalties on nations purchasing its crude […]

India will soon set the global standards and benchmark in data, chief economic adviser (CEA) V Anantha Nageswaran said on Thursday. “We are now going to be able to set the benchmark for developed countries to follow” the CEA said, pointing to concerns over data quality worldwide. Recently, US President Donald Trump fired the labour statistics […]

The Reserve Bank of India’s (RBI) draft norms on foreign exchange guarantee say that an Indian citizen can’t act as a surety, principal debtor, or creditor for a guarantee involving a current or capital account transaction without the central bank’s permission. A resident India can provide guarantee only in case where it is not in contravention […]