India-US trade deal update: Piyush Goyal meets USTR Jamieson Greer, discusses next steps in BTA talks

[ad_1] Commerce and industry minister Piyush Goyal on Friday met US Trade Representative Jamieson Greer and reviewed the next steps in negotiations for the proposed India-US bilateral trade agreement (BTA).The meeting took place on the sidelines of the 14th ministerial conference (MC14) of the World Trade Organisation in Yaounde, Cameroon, where both sides also exchanged…

Read More

India’s trade deficit widens to $28.38 billion in April as imports jump 10%; Middle East shipments fall 31.6%

[ad_1] India’s merchandise trade deficit widened sharply to $28.38 billion in April as imports rose 10 per cent year-on-year despite a steep decline in inbound shipments from Middle East amid continuing geopolitical disruptions.Government data released on Friday showed India’s imports increased to $71.94 billion in April from $65.38 billion in the year-ago period, while exports…

Read More

No future tariffs, fair rates, end ‘forced labour’ probe: What India wants from US trade deal

[ad_1] India has outlined key demands in its ongoing trade negotiations with the United States, including preferential tariff treatment and assurances against future tariff hikes, as both countries work towards finalising an interim trade agreement, a trade official said on Monday.A proposed bilateral trade agreement between India and the United States may only be finalised…

Read More

How recent Foreign Tax Credit changes impact salaried taxpayers earning from abroad

[ad_1] FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income. (AI image) With the rise in global workforce mobility, an increasing number of Indian professionals are earning income across multiple jurisdictions. Employees of multinational companies undertaking overseas assignments, or cross-border roles receive regular…

Read More

‘Drishyam 3’ box office collections day 21: Mohanlal film nears end of third week strongly; Collects Rs 236.59 Cr worldwide | Malayalam Movie News

[ad_1] Mohanlal-starrer ‘Drishyam 3’ continued its theatrical run with stable numbers despite witnessing a slight decline in collections on its 21st day. The suspense thriller has remained one of the strongest Malayalam performers of the year.According to Sacnilk, the film earned Rs 37 lakhs net in India on Day 21. The collection came from 705…

Read More

Donald Trump sanctions impact: China wants banks to pause new loans to sanctioned refiners | Business

[ad_1] Meanwhile, the US Treasury Secretary Scott Bessent said that America had sent warning letters to two Chinese banks. (AI image) Amid Trump’s sanctions, China’s financial regulator has reportedly instructed the country’s biggest banks to temporarily halt fresh lending to five refineries that have been targeted by recent US sanctions over their links to Iranian…

Read More

Iranian Oil Sanctions: US may unsanction 140 million barrels of Iranian oil to cool prices as Gulf war shakes energy markets

[ad_1] File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tankers in a bid to boost global supply and cool surging crude prices, as the war in the Gulf continues to hammer energy infrastructure and disrupt…

Read More