India will reduce taxes on hundreds of consumer goods, including air conditioners and small cars, to boost local demand amid steep U.S. tariffs, the government announced Wednesday.
Finance Minister Nirmala Sitharaman said the revised goods and services tax (GST) will take effect on September 22, ahead of the Hindu festival season. The overhaul reduces GST tiers from four to two rates: 5% and 18%, while a few high-end items, such as luxury cars and tobacco, will face 40%, and life and health insurance will remain tax-free.
The move is part of Prime Minister Narendra Modi’s strategy to shield the Indian economy from U.S. tariffs, which threaten $48.2 billion in exports following last month’s additional 25% duty imposed by Washington in response to India’s Russian oil imports.
Modi said the reforms aim to improve citizens’ lives and ease business operations, particularly for small traders and manufacturers.
India–U.S. trade relations have grown in recent years but remain vulnerable to disputes over market access and domestic political pressures.
The British embassy in Tehran has been temporarily closed, with services now operating remotely, the government announced Wednesday....
The United States has announced an indefinite suspension of immigrant visa processing from 75 countries, expanding President Donald Trump’s crackdow...
Denmark has announced an immediate increase in its military presence in Greenland, citing growing security tensions in the Arctic....
U.S. President Donald Trump said on Wednesday that he has been informed the killing of anti-government protesters in Iran has stopped and that planned...
Direct communication between senior U.S. and Iranian officials has broken down as tensions rise over Tehran’s crackdown on protests and fears of U.S...
U.S. President Donald Trump said on Wednesday that he has been informed the killing of anti-government protesters in Iran has stopped and that planned executions would not go ahead, though details remain unclear.
Danish Foreign Minister Lars Løkke Rasmussen said on Wednesday that Denmark was unable to change the U.S. position on Greenland after talks with American officials in Washington.
As tensions between Iran and the U.S. persist, authorities in Tehran are facing another problem—this time at home.
The United Kingdom and the United States are withdrawing military personnel from bases in the Middle East as tensions with Iran rise, following Tehran’s warning to regional allies that it would target U.S. bases if Washington takes military action.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
The U.S. has issued an urgent security notice calling all American citizens to leave Iran immediately, citing escalating protests, growing violence and widespread communication shutdowns across the country.
President Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the U.S., as Washington weighs a response to the situation in Iran which is seeing its biggest anti-government protests in years.
Apple will use Google’s Gemini artificial intelligence (AI) models for its revamped Siri voice assistant later this year, in a multi-year deal that strengthens the tech giants’ partnership and boosts Alphabet’s position in the race against OpenAI.
Israel and Arab States have urged the U.S. to delay any potential military action against Iran, warning that such a move could undermine ongoing protests inside the country, according to NBC News.
The United Nations has called on Uganda to lift a nationwide internet blackout ahead of Thursday’s general election, describing the restrictions as “deeply worrying.”
Whole milk is heading back to school cafeterias across the U.S. after President Donald Trump signed a bill overturning Obama-era limits on higher-fat milk options.
NASA is carrying out the first emergency return in International Space Station history after an astronaut aboard Crew-11 suffered a serious medical condition.
The British embassy in Tehran has been temporarily closed, with services now operating remotely, the government announced Wednesday.
The United States has announced an indefinite suspension of immigrant visa processing from 75 countries, expanding President Donald Trump’s crackdown on immigration.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment