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.
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Juan Zapata was just finishing dinner in his fifth-floor apartment overlooking the Caribbean when the twin earthquakes struck Venezuela’s coast on t...
United States striker Folarin Balogun will be eligible to face Belgium in the World Cup round of 16 after FIFA suspended the implementation of his one...
U.S. President Donald Trump will meet Ukrainian President Volodymyr Zelenskyy during this week's NATO summit in Türkiye as Washington renews effort...
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the secon...
Millions of mourners are expected to line the streets of Tehran on Monday for the funeral procession of Iran's slain former supreme leader, Ali Khamenei, as part of a week-long farewell. His son and designated successor, Mojtaba Khamenei, has yet to make a public appearance.
Juan Zapata was just finishing dinner in his fifth-floor apartment overlooking the Caribbean when the twin earthquakes struck Venezuela’s coast on the 24 June, hurling him across the room and into a collapse of concrete and steel.
United States striker Folarin Balogun will be eligible to face Belgium in the World Cup round of 16 after FIFA suspended the implementation of his one-match ban following an intervention by U.S. President Donald Trump, according to a Reuters report.
U.S. President Donald Trump will meet Ukrainian President Volodymyr Zelenskyy during this week's NATO summit in Türkiye as Washington renews efforts to bring an end to the war in Ukraine, a senior U.S. official said on Sunday.
Russia's Defence Ministry has said its forces are clearing the town of Lyman in Donetsk of Ukrainian forces, Moscow's state news agency Tass reported. Meanwhile, Russian attacks killed at least six people across three Ukrainian regions on Friday, regional officials said.
President Donald Trump said Iran is keen to reach a deal with the United States, claiming Washington had paused engagement to allow funeral ceremonies for late Iranian Supreme Leader Ali Khamenei.
Governments are tightening restrictions on teenagers’ use of social media amid growing concerns over mental health, online safety and platform design, but questions remain over enforcement and whether bans can meaningfully change behaviour.
Thousands of mourners gathered in Tehran on Sunday as Iran held funeral prayers for Ayatollah Ali Khamenei and four members of his family on the second day of mass processions. Three of Khamenei's sons attended the ceremony, while his successor, Mojtaba Khamenei, made no public appearance.
Scotland produced a polished seven-try performance to defeat Argentina 47-38 in a high-scoring Nations Championship opener on Saturday.
Juan Zapata was just finishing dinner in his fifth-floor apartment overlooking the Caribbean when the twin earthquakes struck Venezuela’s coast on the 24 June, hurling him across the room and into a collapse of concrete and steel.
U.S. President Donald Trump will meet Ukrainian President Volodymyr Zelenskyy during this week's NATO summit in Türkiye as Washington renews efforts to bring an end to the war in Ukraine, a senior U.S. official said on Sunday.
Britain has announced tougher rules on political donations, aiming to reduce the risk of foreign money influencing elections and strengthen safeguards against overseas interference in the country's democratic processes.
Ferrari's Charles Leclerc claimed victory in a dramatic British Grand Prix after a late Safety Car and mechanical problems for rivals reshaped the race at Silverstone Circuit.
U.S. President Donald Trump has offered to help find a solution to the war in Ukraine during a 90-minute phone call with Russian President Vladimir Putin, according to the Kremlin.
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