India is preparing to recast its defense offset policy under the proposed Defense Acquisition Procedure (DAP) 2025, narrowing the scope of offset obligations to advanced technology transfers and military maintenance …
Economy
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The Next Trade War May Be Fought Over Compliance, Not Prices
by R. Suryamurthy 5 minutes readThe United States has fundamentally rewritten the rules of global trade, replacing temporary emergency tariffs with permanent Section 301 duties linked to forced-labor compliance, signaling that future access to the …
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The World Trade Organization (WTO) has justifiably contended that as India seeks to expand its role in global trade in a morose external milieu, it is veritably on the horns …
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President Donald Trump on Tuesday ordered sweeping new tariffs on certain Canadian imports, escalating a trade dispute with Ottawa over “unreasonable and unequal” restrictions on American alcoholic beverages. Under the …
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Anita Anand Visits Pakistan, Invites Dar to Canada Mining Conference
by Prabhjot Singh 5 minutes readCanada’s Foreign Minister Anita Indira Anand, the first Canadian foreign minister to visit Pakistan in nearly 20 years, has invited Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar …
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United Nations Secretary-General António Guterres has called for global cooperation to ensure artificial intelligence benefits all countries, warning that AI could either become humanity’s greatest opportunity or one of its …
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Luxembourg Ambassador to U.S., Highlights Indian Community’s Growth
by T. Vishnudatta Jayaraman 3 minutes readAmbassador of Luxembourg to the United States, Nicole Bintner-Bakshian said the Indian community is the “fastest-growing” expatriate population in Luxembourg, underscoring its growing contributions to the country’s economy and its …
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U.S. Tariffs on Brazil Signal Broader Trade Strategy, Put India on Notice
by R. Suryamurthy 5 minutes readThe United States’ decision to impose an additional 25% tariff on most imports from Brazil from July 22 marks more than just another trade dispute. It signals a significant expansion …
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The New Currency of Textile Trade Isn’t Cost, It’s Trust
by Mithileshwar Thakur, Special to South Asian Herald 5 minutes readThe rules of global textile trade are being rewritten-not by lower costs, but by higher expectations. For decades, competitiveness in the textile industry was defined by cost, capacity, agility and …
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India Creates Legal Framework to Block Forced-Labor Imports
by SAH Special Correspondent 3 minutes readIndia has laid the legal groundwork to prohibit imports of goods made with forced labor, aligning its trade policy more closely with emerging global standards as major economies tighten scrutiny …