FM Nirmala Sitharaman On Customs Duties: Why India Is Moving Towards Fewer Tariff Slabs

Show Quick Read Key points generated by AI, verified by newsroom Finance Minister targets customs tariff rationalisation by FY2028. This aims to simplify India’s structure, reducing average duties. India also aims for developed nation status by 2047. Finance Minister Nirmala Sitharaman said the government plans to complete customs tariff rationalisation by the Union Budget 2027-28,…

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Tariffs, West Asia War Terror Strike Dalal Street: Sensex Tanks 400 Points, Nifty Tests 24,100

Show Quick Read Key points generated by AI, verified by newsroom Indian markets opened subdued amidst rising crude oil. US-Iran tensions escalated crude oil, precious metal prices. Global markets rallied strongly on positive corporate earnings. Indian benchmark indices opened on a subdued note on Wednesday as investors remained cautious amid a fresh rise in crude…

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