President Trump announces 59% cuts in US prescription drug prices, one day after new pharma policy
WASHINGTON : US President Donald Trump announced on Monday, May 12, that the US government is reducing prescription drug prices by 59 per cent, one day after he announced the new US pharmaceutical policy.
Trade deal with India may take time: US Commerce Secretary Howard Lutnick
WASHINGTON D.C. : A trade deal with India may take time as a long list of tariff lines need to be negotiated, the US Commerce Secretary Howard Lutnick told Bloomberg Podcasts on Saturday. “India
Tariff gap that once favoured India is shrinking fast after latest US-China deal: GTRI
NEW DELHI : The recent US-China trade deal has significantly reduced the tariff gap between India and China, potentially impacting India’s competitive edge in attracting companies looking to relocate from China. According to Mr.
US cuts tariffs on Chinese goods to 30%, China lowers American levies to 10% in 90-day truce
WASHINGTON D.C. : The United States will reduce tariffs on most Chinese goods from 145% to 30% for a 90-day period, while China will lower its levies on American imports from 125% to 10%,
Construction permits, GST, labor laws among top challenges for MSMEs: Assocham advocates reforms
NEW DELHI : Industry body Assocham has called for reforms in national and state-level policies to ease the regulatory regime for MSMEs in the country. In its latest knowledge paper ‘Ease of Doing Business
India exports 4.24 lakh tonnes sugar till April of this year: AISTA
NEW DELHI : India exported 4.24 lakh tonnes of sugar till April of the ongoing 2024-25 marketing year with maximum shipments of 92,758 tonnes to Somalia, trade body AISTA said on Monday. The sugar
Indian Economy set to clock 6.5 % growth in FY26, backed by boost in private sector investments: CII
NEW DELHI : India’s GDP is projected to grow at 6.5 per cent in the current fiscal and the country’s economy is resilient enough to overcome the short-term impact of geopolitical issues, CII President
US, China reach deal to cut trade deficit
GENEVA : US Treasury Secretary Scott Bessent on Sunday reported “substantial progress” in US talks with China’s top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached