
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.
If the saying "You can love her, you can hate her, but you can't ignore her" fits any Bigg Boss 1
A protest is underway in Leh, demanding full statehood for the Union Territory of Ladakh. Violent
On the back of Virat Kohli's brilliant batting, Royal Challengers Bangalore defeated Punjab Kings
The case of assault on a food stall owner in Mumbai for not speaking Marathi has heated the polit
After months of torrential rains, the monsoon is now beginning to withdraw from North India. The
Piles of suitcases at the airport and hours of waiting... over 400 IndiGo flights cancelled.
Several IndiGo flights have been disrupted once again. The airline's flights are either delayed o
Zubeen Garg's footprints, taken before the funeral, were preserved as a tribute
The death of Assamese singer Zubin Garg while scuba diving in Singapore has shocked everyone. He
The Indian team, true to its reputation, performed poorly in the Kolkata Test against South Afric
Disha Patani is a famous actress of Hindi cinema. More than her film career, Disha remains in the
Union Home and Cooperation Minister Amit Shah inaugurated the new Indian Language Section under t