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India-US trade deal: Tariffs cut to 18%, $500 billion purchases floated as energy, solar sectors watch closely

India, Feb. 3 -- The US has agreed to cut tariffs on Indian goods to 18 per cent, down from as high as 50 per cent. The new trade deal could see India purchasing up to $500 billion in American goods.... Read More


16th Finance Commission overhauls forest formula, rewards open forests, growth

India, Feb. 3 -- The 16th Finance Commission has revised the tax devolution formula to include open forests, assigning different weights to forest densities. This change aims to incentivise states to... Read More


BJP's Ramchander Rao calls US slashing tariffs on Indian exports "diplomatic victory"

Hyderabad, Feb. 3 -- As the US reduces tariff on the Indian exports to 18 per cent, Telangana Bharatiya Janata Party (BJP) president N Ramchander Rao on Tuesday termed it a major diplomatic achievemen... Read More


JHC seeks case dairy of JMM leader absconding since registration of FIR against him

Ranchi, Feb. 3 -- The Jharkhand High Court on Tuesday sought case diary of district-level JMM leader Rahul Chandravanshi, absconding after being named in an accident that caused the death of a school ... Read More


BJP accuses govt of forcing farmers to sell paddy to middlemen

RANCHI, Feb. 3 -- Leader of Opposition Babulal Marandi on Tuesday accused the JMM-led government of not purchasing paddy from farmers and 'forcing' them to sell their produce to middlemen at nominal p... Read More


Supreme Court grants interim bail to Chhattisgarh MLA Kawasi Lakhma in ED, EoW cases

New Delhi, Feb. 3 -- The Supreme Court on Tuesday granted interim bail to Congress leader and former Chhattisgarh Excise Minister Kawasi Lakhma in cases registered by the Enforcement Directorate (ED) ... Read More


US trade deal reinforces India's growing stature in global trade, investment flows: India Inc

New Delhi, Feb. 3 -- India Inc has broadly welcomed the India-US trade deal, calling it a landmark step that reinforces India's growing stature in global trade and investment flows. Leading the react... Read More


Nominal GDP may get a boost from India-US trade deal: Secretary Thakur

New Delhi, Feb. 3 -- India's nominal GDP growth for FY27, pegged at 10% in the Union Budget, could turn out higher if the proposed India-US trade deal goes through, which is expected to boost domestic... Read More


Will the US deal help lift our nominal GDP? DEA secretary Thakur thinks so.

New Delhi, Feb. 3 -- India's nominal GDP growth for FY27, pegged at 10% in the Union Budget, could turn out higher if the proposed India-US trade deal goes through, which is expected to boost domestic... Read More


Textile stocks surge after India-US trade deal, Budget measures add tailwinds

Mumbai, Feb. 3 -- Gokaldas Exports Garware Technical Fibres and Indo Count Industries hit their upper circuits of 20%. Welspun Living jumped 17.12%, Vardhman Textiles rose 12%, Arvind gained 10.93%, T... Read More