The Trump administration has imposed a 25% tariff on the global automotive and auto component industry, sparking uncertainty. The Indian Auto Component Manufacturers Association (ACMA) is hopeful that ongoing negotiations between India and the US will lead to a balanced resolution to benefit both economies. The tariff will affect auto manufacturers immediately and auto component manufacturers a month later, impacting exports to the US, including companies like Samvardhana Motherson, Sona Comstar, and Bharat Forge.
Full Article
Big win for India: FATF cites Pak as example of nations flouting weapons proliferation norms
A FATF report highlights Pakistan's involvement in developing ballistic missiles, citing a 2020 seizure of dual-use equipment mis-declared in export documents linked to the National Development Complex. This revelation may aid India in advocating for Pakistan's return to the FATF grey list amid growing scrutiny of state-sponsored terrorism following a recent attack in Kashmir. Need More Context? 🔎
Read more