Business Varta

Days after positive discussions were held on various aspects of the trade deal during Assistant US Trade Representative Brendan Lynch’s visit to India, a delegation led by Commerce and Industries Minister Piyush Goyal is visiting the United States for meetings with the US side.

External Affairs Ministry Spokesperson Randhir Jaiswal said, “This measure is likely to have humanitarian consequences by way of the disruption caused for families. The government hopes that these disruptions can be addressed suitably by the US authorities.”

Did you know India spends nearly Rs 6 lakh crore annually on shipping services? Here’s how the nation is setting sail towards self-reliance.

Speaking at the ‘Samudra se Samruddhi’ event, where he inaugurated and laid the foundation stones of projects worth Rs 34,200 crore, PM Modi said all the problems of India have only one solution, and that is self-reliance.

Prime Minister Narendra Modi has inaugurated the International Cruise Terminal in Mumbai, marking a big step to promote cruise tourism in the country. This new terminal is a vital boost for companies like Cordelia Cruises, whose parent Waterways Leisure Tourism has filed papers to float an IPO. 

The new visa fee is expected to affect US companies heavily reliant on Indian professionals in specialised, high-skilled tech roles. 

Government has slashed GST on agricultural machinery to 5 per cent, cutting tractor prices by up to Rs 63,000. Agriculture Minister Shivraj Singh Chouhan has asked manufacturers to ensure farmers directly benefit from the move.

India’s Chief Economic Advisor V Anantha Nageswaran has said the US may remove the 25 per cent penal tariff on Indian imports after November 30. The rollback could ease the 50 per cent duty burden on some Indian goods and restore predictability in trade flows.

Congress leader Rahul Gandhi’s remarks came against the backdrop of massive Gen-Z protests in Nepal that began during the government led by KP Sharma Oli, following the decision to ban 26 social media platforms

The Karnataka CEO has rejected Rahul Gandhi’s allegation of mass voter deletions in Aland, clarifying that nearly 6,000 incorrect applications were discarded and an FIR was lodged in February 2023. The Election Commission has dismissed the Congress leader’s “vote theft” claims as baseless.