Trump's 25% tariff hits Brazil: Trade tensions deepen as billions in exports at risk

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USTR hints at 'action' ahead of tariff expiry

Section 301 Levies May Cover 99% Of US Trade | New Tariffs On Canada & Brazil

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Trump announces 0% tariff on generic medicines for two years; 200% thereafter

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Centre uses 40% of annual fertiliser subsidy in first 3.5 months

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India's growth remains strong, but trade barriers threaten 2047 goal: WTO

India's strong economic growth continues, but structural reforms are needed for developed nation status. High trade costs and regulatory complexity present significant challenges to global integration. The World Trade Organization report notes progress in trade facilitation and financial inclusion. India is actively pursuing free trade agreements to boost its export strategy. Achieving a larger share of global exports requires balancing self-reliance with greater openness.

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No move to scrap LTCG tax on equities: Govt

The government has informed Parliament about no current plans to abolish long-term capital gains tax on equities. Tax policies are revised periodically as part of the annual budgetary process and legislative revisions. This statement addresses investor demands for changes in long-term capital gains tax rates. The minister clarified that tax rates for domestic and overseas investors in equities are the same.

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Not referring cases to internal ombudsman a concern: RBI

RBI deputy governor Swaminathan J expressed concern over banks bypassing internal ombudsman. He stated that many customer grievances resolved by the RBI ombudsman were never referred internally. This situation undermines the purpose of the internal ombudsman framework, he noted. Banks must refer all eligible complaints promptly and without exception to their internal ombudsmen. Effective internal ombudsman performance should naturally reduce external escalations and provide customer resolutions.

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