Wednesday, August 27, 2025

India can get 25% off its tariffs if New Delhi stops buying oil.....

 The White House trade adviser accused India of financing Russia’s war in Ukraine by continuing to import oil, describing the conflict as India’s backstop.

“I’m talking about India’s war because the path to peace is partly through development,” Navarro told Bloomberg Television’s Balance of Power on Wednesday.


He argued that Vladimir Putin’s purchase of crude oil at discounted prices directly bolsters Moscow’s military efforts. “By buying Russian oil at discounted prices, Russia uses the money it gets to fund its war machine,” he said. “What Modi is doing is hurting everyone in America. It hurts consumers and businesses and everything, and it hurts workers because India’s high tariffs are costing us jobs, factories, income and higher wages. And then taxpayers are hurting because we have to fund Modi’s war.”

 "What bothers me is," "the Indians are so arrogant about it. They say, 'Oh, we don't have high tariffs. Oh, this is our sovereignty. We can buy any oil we want.'" Navarro added that if India changed course, it could get a tariff cut. "It's really simple. If India stopped buying Russian oil and helped feed the war machine, it could get a 25% discount tomorrow."

Sunday, August 24, 2025

When will India's jet engine be ready...?

 Hello and welcome

The year 2025 has been developed by Indian's ministry of defence as the year of reforms in the defence sector certainly. There is a lot of expectations about what happens the orization plan of indian armed forces . Where tri service synergy will be harness gor combat effectiveness of the three forces.


Cost escalation :-

The cost escalation is staggering. What began with an allocation of Rs 382 crore in 1986 ballooned to more than Rs 1,300 crore by 2004, surpassed Rs 2,000 crore by 2014, and officially totalled Rs 2,839 crore by 2016 as acknowledged by the then defence minister Manohar Parrikar in the Lok Sabha. Today, it is estimated that over Rs 3,000 crore has been invested, yet India remains without a homegrown operational engine for its fighter air

craft.


Government plans Rs 25,000 crore export support campaign to counter US tariff impact

       The government is considering relief measures worth around Rs 25,000 crore for exporters for six financial years (2025-2031) under the Export Promotion Mission announced in the Budget.

"The main focus is on providing easy and affordable credit to the export community," he said.

The Commerce Ministry has sent this proposal to the Expenditure Finance Committee (EFC) of the Finance Ministry.


August 18, 2025

Amid continued uncertainty over rising US tariffs, India's commerce and industry ministry has strengthened support schemes worth an estimated Rs 25,000 crore (US$ 2.85 billion) under the Export Promotion Campaign for six years. The schemes are designed to comply with World Trade Organization (WTO) rules and will focus on improving trade finance and market access for exporters. The government sees the campaign as a long-term strategy that addressees challenges beyond tariffs and trade wars, an official said, adding that the goal is to look at the long-term situation. The strategy includes promoting exports, diversifying both markets and export baskets to reduce future risks, and encouraging exporters to improve the "exportability" of Indian products. The proposals for these schemes have been submitted to the finance ministry for review and approval, and after getting approval from the Union Cabinet, the schemes will be rolled out. These efforts come at a time when exporters, especially in sectors such as gems and jewellery, textiles and marine products like shrimp, are preparing to levy a 50% tax on goods sent to the US.

The new schemes have been developed with a special focus on small exporters. They aim to help these exporters by providing collateral-free loans, supporting alternative financial instruments through cross-border entities and providing assistance for high-risk markets. A direct grant-based approach is considered unfeasible as it is difficult to implement, raises moral hazard concerns and risks violating WTO rules. Accurately measuring the impact of such grants on exporters and justifying their allocation is also challenging. This new package of schemes under the Export Promotion Mission is part of the Rs. 2,250 crore (US$ 256.85 million) mission announced in the Union Budget 2025-26, which has not yet been launched.

India can get 25% off its tariffs if New Delhi stops buying oil.....

 The White House trade adviser accused India of financing Russia’s war in Ukraine by continuing to import oil, describing the conflict as In...