Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha on Monday that the government is assessing the impact of the 25 percent duty imposed by the US on steel and aluminum imports.
The minister said in a written reply that as per the announcement of the US President, the US government has imposed import duty from March 12. He said, as informed by the Department of Commerce, the impact of the above announcements on India is being assessed.
India's rating improved.
Responding to another question, the minister said that out of the 40 recommendations of the Financial Action Task Force, India has received compliance or largely compliance rating in 37. It received partially compliance rating in three recommendations and none was given non-compliance rating.
India was placed in the Regular Follow-Up category, which is the best possible rating given to any country being evaluated under FATF. There are only three other countries of the G-20 that have received this rating. This reflects India's strong position.
America will also suffer losses.
Some people also believe that Trump's tariff against India could become a noose around the neck for Americans as the prices of medicines in America may increase. Millions of Americans may have to pay more for their medicines.
According to a study by consulting firm 'IQVIA', Indian generic medicines saved $219 billion in 2022 alone. Experts say that without a trade agreement, Trump's tariffs could make some Indian generic medicines unviable. This could force companies to exit the market and worsen existing drug shortages.
Khesari Lal Yadav: 'The one who washes away sins...', Khesari's big statement in the case of Premananda Maharaj; Users trolled him
Bhojpuri film star Khesari Lal Yadav has posted a social media post about Premanand Ji Maharaj, after which he got embroiled in controversies. Khesari took a jibe in his post and said that some people
Fish Venkat: Popular Telugu actor Fish Venkat's demise, worked with stars like Pawan Kalyan and Allu Arjun
Famous Telugu cinema actor Fish Venkat, aka Venkat Raja, died on July 18. Fish Venkat was suffering from a serious illness for some time and was admitted to the ICU in the hospital. But Fish Venkat
'Waqf Bill was passed forcefully...', Sonia Gandhi surrounded the government on Waqf Bill; said - an attack on the Constitution.
The Waqf Amendment Bill was passed in the Lok Sabha amid opposition from opposition parties. Today this bill will also be passed in the Rajya Sabha. 288 votes were cast in favor of the bill, while 232
Haryana Furious after Manisha's murder: People came out on the streets, blocked the highway; CBI will investigate, CM announced late at night
The case of teacher Manisha's death has once again taken a new turn. Calling the police's claim of Manisha's death as a suicide false, the villagers opened a front against the administration on
SIR Row: INDIA Block created ruckus outside Parliament over voter list, protested by tearing the list; Know who said what
The India Alliance of opposition parties staged a strong protest in the Parliament premises against the ongoing voter list revision process, i.e., SIR in Bihar. Many MPs, including Congress leaders
TCS Layoffs: After the announcement of layoffs, TCS shares fell by two percent. The company is laying off 12000 employees
Shares of Tata Consultancy Services (TCS) fell nearly two per cent on Monday. The company has said that it will lay off about 12,000 employees from its global workforce this year. The stock fell 1.69
Waqf Bill: Preparations are underway to challenge the Waqf Bill in the Supreme Court; Congress will soon knock on the court's door
Preparations have started to challenge the Waqf Amendment Bill in the Supreme Court. After Tamil Nadu Chief Minister MK Stalin, now the Congress on Friday said that it will soon challenge the
Deepika Padukone: 'Sticking to my decision gives me peace', said Deepika Padukone amid the 'Spirit' controversy
After Deepika Padukone's exit from Sandeep Reddy Vanga's film 'Spirit', Sandeep Reddy Vanga made a cryptic post yesterday, which was considered a target on Deepika Padukone. After this post, the
'Modi ji himself brought a bill against himself... Shah spoke on the bill for dismissal of PM-CM; he took a jibe at the opposition
Union Home Minister Amit Shah has said that the Constitution (130th Amendment) Bill, 2025, will definitely be passed, even though the opposition is fiercely opposing it.
It is mandatory to show one Bengali film every day in Bengal's cinema halls. The Mamata government issued an order
It has been made mandatory for all cinema halls and multiplexes in Bengal to show at least one Bengali film every day during prime time throughout the year. In this regard, the instructions have been
