
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.
NISAR: What is NISAR, a joint satellite mission of ISRO and NASA? Know what the benefits will be.
The Indian Space Research Organization (ISRO) is going to launch a satellite on Wednesday evening
This year, Hindi cinema achieved success on many fronts in the 71st National Film Awards. Vicky K
A major accident occurred near Delhi's historic Red Fort on Monday evening. A car exploded near t
Opposition parties on Wednesday attacked the central government after US President Donald Trump i
Today marks the 17th anniversary of the November 2008 Mumbai terrorist attacks. A program was hel
Given the verdict in the Ankita Bhandari murder case in Rishikesh, Uttarakhand, the district poli
The South African cricket team is currently on a tour of India. The two teams are playing a one-d
The Congress party will hold press conferences in 57 cities across the country between April 21 a
Bollywood's most popular comedy franchise 'Housefull' is once again ready to make the audience la
Indian cricketer Rinku Singh has tied the knot. On Sunday, the star player got engaged to Samajwa