Washington, March 12 (IANS) The United States has launched a sweeping trade investigation targeting India and 15 other economies over alleged excess industrial capacity in manufacturing sectors, a move that could eventually lead to tariffs or other trade measures. The probe, announced by US Trade Representative Jamieson Greer on Wednesday (local time), will examine whether policies in the listed economies unfairly boost production and exports and restrict US commerce.Speaking on a press call, Gr…
Latest Manufacturing Sectors News & Updates
Mumbai, Feb 2 (IANS) Lower revenue as a share of GDP has been more than offset by cuts to subsidies and spending on current schemes, leading to the smallest fiscal consolidation in six years, likely positive for growth, a new report has said.The fiscal consolidation for FY27 is the slowest in six years. And the budgeted disinvestment, which is a below-the-line funding item, is likely to see the highest rise in six years, the report from HSBC Global Investment Research said.”The central governmen…