Even before the US paused its Liberation Day tariffs for three months until 9 July, it was clear that those levies would have to be periodically updated since they were based on annual (flow) data. Any country on the high-tariff list can reduce its bilateral trade surplus with the US and demand a recalibration of…
India and the US are gearing up for the second round of face-to-face talks on the agreement in Washington, with the Indian side led by its chief negotiator Rajesh Agarwal. “This issue is part of India’s agenda note for the talks,” said one of the two persons cited above. These duties, in effect since 12…
Perhaps the only positive outcome of the tariff turmoil that the US has plunged the world into is the renewed attention being paid to trade barriers. Across the world, it has led countries to re-examine their own policies. So too in India. It is in this context that comments made by Niti Aayog’s vice-chairperson Suman…
The Central Drugs Standard Control Organisation (CDSCO), headed by the Drugs Controller General of India (DCGI), will do the checks to review the compliance status of MSME drug firms’ good manufacturing practices (GMP), the people added. “Right now, DCGI is still getting applications as the deadline is open,” the first official said. “Only after the…
To be sure, progress on India’s FTA with the European Union has not been insubstantial. Both sides have committed themselves to signing it by the end of this calendar year. When it happens, it will be the world’s largest deal of its kind. A trade pact between both sides will not just strengthen our trade…
