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On June 30, the government has extended zero custom duty on the import of about 40 essential petrochemical products for 15 days. Now this relief will remain applicable till July 15. This step has been taken to provide stability to domestic industries amidst the disruptions in the global supply chain due to the ongoing conflict…
Maximo Torero, chief economist of the United Nations (UN) organization FAO, has warned that the world is moving towards a major food crisis. He said that the supply of fertilizer has been badly affected due to the closure of Hormuz. Since the start of the war, the supply of fertilizer has almost stopped, due to…
Today, the same word is trending all over the world and that word is tariff. Today is 1 August and from today onwards, America’s last deadline over tariffs has ended. The White House has said in its latest statement that the new rates of tariffs will be effective from August 7 and countries which have…
Prime Minister Narendra Modi on Wednesday held delegation level talks with his counterpart Andrase Plenkovi (Andrej Plenković) at the capital of Croatia. During this time, the two leaders discussed extensive issues to strengthen bilateral relations. Actually, Prime Minister Modi is the first Indian Prime Minister to visit Croatia. The tour is taking place in the…