US Tariff Ruling Eases Pressure on India’s Russian Oil Imports
A recent US Supreme Court ruling striking down President Trump’s “Liberation Day” tariff has reduced leverage on India over its Russian crude purchases, offering trade relief amid ongoing negotiations. Tariff Background Trump imposed 50% tariffs on Indian goods last year, including a 25% punitive add-on for India’s 1.5 million barrels
Customs Duty Exemption Extended for Nuclear Power Till 2035
Finance Minister Nirmala Sitharaman proposed extending basic customs duty exemption on imports for nuclear power projects until 2035, expanding coverage to all nuclear plants regardless of capacity. This strategic measure accelerates clean energy capacity addition and supports India’s energy security goals. Comprehensive Nuclear Ecosystem Support The exemption covers critical equipment,
