BUSINESS
Trump’s tariffs and executive overreach face legal hurdles, global repercussions
Trump’s second-term tariffs, imposed under emergency powers, face legal challenges. Courts question executive overreach, giving countries like India greater leverage in trade negotiations while the administration explores alternative legal pathways
INDIA
US BioSecure Act: Impact on India and biotech opportunities in supply chain shifts
The BioSecure Act seeks to reduce US-China biotech ties, creating potential for India to become a biomanufacturing hub. However, India's biotech sector must overcome challenges in innovation, regulatory standards, and technology to attract businesses shifting from China.
BUSINESS
Rupee internationalisation is no cakewalk
India and Myanmar are working on a local currency trade settlement mechanism. Despite the bilateral trade being a negligible share of India’s overall trade, the challenges in creating a smooth settlement process here are a pointer to the larger issues which need to be addressed if the Rupee is to be used to settle trades with larger partners
BUSINESS
The Onion and Basmati Rice story: Does India need a minimum export price?
The recent lifting of the Minimum Export Price (MEP) aims to boost agricultural exports, yet critics argue it's a redundant policy harming small farmers and failing to control food inflation. India's export bans on rice and fluctuating MEPs reflect ongoing efforts to manage domestic supply and prices, while the country remains a major exporter of both onions and basmati rice
BUSINESS
National Logistic Policy a right step towards a well-integrated, efficient freight system
The intent of the NLP is very much aligned with the aspirations to become a leading global manufacturing hub
