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.
Samay Raina's fun update on the return of India Got Latent, also announced a comeback tour.
Famous comedian Samay Raina is once again in the headlines. Recently, a question from the paparaz
Congress MP Priyanka Gandhi has responded to the Supreme Court's remarks. Defending Rahul Gandhi,
Severe cold will prevail in Delhi, UP and Bihar, IMD has issued a rain alert in 5 states.
The month of November is almost over. Following snowfall in the hilly states, winter has begun to
There is considerable excitement among film enthusiasts regarding South Indian superstar Mahesh B
The weather in Delhi-NCR has changed. The rain that began late Sunday night continued on Monday.
'Then America will be destroyed...', Trump's anger erupts in a US court over tariffs
Since coming to power in January 2025, Trump has given the slogan of 'Make America Great Again' (
Cousin trolled for supporting Palash Muchhal, users said – to a cheater…
Palash Muchhal and Smriti Mandhana's wedding was recently postponed. Subsequently, an alleged cha
The complete schedule for the T20 World Cup, to be co-hosted by India and Sri Lanka next year, ha
Despite winning the Asia Cup 2025 final, the Indian team was denied the trophy after captain Sury
Today is the second day of PM Modi's Bihar tour. Today PM Modi will address a public meeting in B
