Mumbai, Feb 25 (IANS) Shares of Indian solar and renewable energy companies plunged in early session on Wednesday after the US Commerce Department imposed preliminary countervailing subsidies of about 125.87 per cent on solar cell and panel imports from India.Waaree Energies fell as much as 14.6 per cent to Rs 2,580.50, hitting the lower circuit, and later regained to Rs 2,724, down 9.90 per cent. Premier Energies dropped 4.57 per cent to Rs 741.55 after earlier dipping to an intra-day low of 66…
Latest 301 News & Updates
Washington, Feb 21 (IANS) The White House has clarified that India will face a 10 per cent tariff temporarily following US President Donald Trump’s announcement of a new global tariff order, replacing the earlier International Emergency Economic Powers Act (IEEPA)-based duties that were struck down by the Supreme Court. “The 10 per cent would replace the IEEPA tariffs (50 U.S.C. 1701 et seq.) that were just struck down,” a White House official told IANS on Friday afternoon.Early this month, Trum…