Related News

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle

Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and

Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images

It’s become nearly impossible for people to tell the difference between music generated by artificial intelligence and that created by humans, according to a survey released Wednesday. The polling firm

Almanac: November 2 – CBS News Watch CBS News “Sunday Morning” looks back at historical events on this date. Source link

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

US tariffs: Maruti chairman says India must not give in to ‘bullying’; urges nation to stand united

Word Count: 660 | Estimated Reading Time: 4 minutes


US tariffs: Maruti chairman says India must not give in to 'bullying’; urges nation to stand united

A day after the 50% tariff imposed by the US on Indian goods came into effect, Maruti Suzuki India chairman RC Bhargava said that India should stand united to face the 50% tariffs imposed by the US and not give “in to any kind of bullying”.“It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter… the nation has to stand united,” Bhargava said on Thursday at the company’s 44th Annual General Meeting.The 50% tariffs are set to affect labour-intensive industries such as shrimp, apparel, diamonds, leather and footwear, and gems and jewellery. Bhargava warned that the decision has unsettled markets worldwide.“You’re all aware of the global uncertainty that has been caused in recent months. President Trump has in many ways, forced nations to rethink conventional policies and relationships. Personal use of tariffs in diplomacy is being seen for the first time,” he told shareholders, as quoted by PTI.On the domestic front, Bhargava welcomed the government’s plan to restructure the Goods and Services Tax (GST), describing it as a major economic reform.“We are all hopeful that the proposal which the Prime Minister made will result in the GST of small cars reducing to 18% but we have to wait till the official announcement is made,” he said. He further added that it is a matter of happiness that the government acknowledges the needs of consumers at the lower end of the market.The Centre has proposed a simplified two-tier GST system of 5 and 18%, with a special 40% rate on a handful of items, as recommended to the group of ministers reviewing tax rationalisation, PTI reported.Currently, GST is charged at 5, 12, 18 and 28%. Essential goods fall under the nil or 5% bracket, while luxury and demerit items are taxed at 28% with an additional cess.





Source link

Most Popular Articles