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UPPL president Promod Boro and Gobinda Basumatary are felicitated after being sworn in as the new chief executive member and deputy CEM of the Bodoland Territorial Council at an oath-taking ceremony at Greenfield, in Kokrajhar on December 15.(PTI)

Fear of poaching by Opposition BPF leaves ruling members of BTC holed up in Guwahati hotel

Hindustan Times, Guwahati | By Utpal Parashar
UPDATED ON DEC 16, 2020 04:11 PM IST
The 22 members belonging to UPPL, BJP and GSP were first brought to the hotel on Saturday night after results of election to the council were announced
HostBooks Selected as GST Suvidha Providers (GSP) by GSTN(HostBooks)
HostBooks Selected as GST Suvidha Providers (GSP) by GSTN(HostBooks)

HostBooks Selected as GST Suvidha Provider (GSP) by GSTN

UPDATED ON DEC 04, 2019 04:16 PM IST
GST Suvidha Providers (GSP) are empowered with technical capabilities to handle multiple services related to GST. With this announcement of GSTN, HostBooks now becomes part of GSTN privileged service providers.
The lawmakers told the Trump administration said that after the termination of GSP to India the costs for their constituents are growing every day.(AP Photo)
The lawmakers told the Trump administration said that after the termination of GSP to India the costs for their constituents are growing every day.(AP Photo)

Ending India’s preferential status hurts, 44 US lawmakers tell Donald Trump

Hindustan Times, Washington | By HT Correspondent
UPDATED ON JUN 30, 2020 09:58 PM IST
Generalized System of Preferences is the largest and oldest US trade preference programme and is designed to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.
The people familiar with the discussions said the new commerce minister, Piyush Goyal, and the minister of state, Hardeep Puri, a seasoned negotiator, could handle the trade issues.(HT Photo)
The people familiar with the discussions said the new commerce minister, Piyush Goyal, and the minister of state, Hardeep Puri, a seasoned negotiator, could handle the trade issues.(HT Photo)

Modi, Trump talk trade, Iran in ‘productive’ meet

Hindustan Times, New Delhi | By Rezaul H Laskar
UPDATED ON JUN 29, 2019 12:00 AM IST
A White House official was quoted by Reuters as saying that Modi and Trump had called on their teams to work on mutually beneficial trade solutions. The official wasn’t identified.
President Trump has pushed trade aggressively with all of America’s trading partners, and he now intends to bring it up with Prime Minister Modi at their upcoming meeting, which will be their first after the Indian leader’s re-election.(AFP PHOTO)
President Trump has pushed trade aggressively with all of America’s trading partners, and he now intends to bring it up with Prime Minister Modi at their upcoming meeting, which will be their first after the Indian leader’s re-election.(AFP PHOTO)

US President Trump wants India to withdraw recently hiked tariffs

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON JUN 27, 2019 08:40 PM IST
President Trump was probably referring to retaliatory tariffs the Modi government imposed on American goods recently after the US terminated India’s special trade privileges under a zero-tariff programme, called the Generalized System of Preferences (GSP), for denying US companies more access to Indian markets.
The US imposed duties on steel and aluminium from India following which a retaliation was deferred until now. (Dhiraj Singh/Bloomberg)
The US imposed duties on steel and aluminium from India following which a retaliation was deferred until now. (Dhiraj Singh/Bloomberg)

US-India trade tension hangs over Indian capital markets

New Delhi | By Indo Asian News Service
UPDATED ON JUN 16, 2019 11:37 AM IST
On Friday, Sensex slid and closed nearly 290 points lower after reports that the Indian government had decided to impose retaliatory tariffs. The fresh tension now adds to the slowdown concerns in the Indian markets.
India on Saturday announced a hike in customs duties on as many as 28 US products, including almond, pulses and walnut, in response to higher tariffs imposed by Washington on Indian products like steel and aluminium.(AFP File Photo)
India on Saturday announced a hike in customs duties on as many as 28 US products, including almond, pulses and walnut, in response to higher tariffs imposed by Washington on Indian products like steel and aluminium.(AFP File Photo)

India levies higher customs duty on 28 US products

New Delhi | By Press Trust of India
UPDATED ON JUN 16, 2019 07:38 AM IST
The move will hurt American exporters of these 28 items as they will have to pay higher duties, making those items costlier in the Indian market.
Modi has had little time to savour his landslide win. His second term, paradoxically, has started with troubles caused by India’s close friend — a superpower that regards India as the fulcrum of its Asia strategy(REUTERS)
Modi has had little time to savour his landslide win. His second term, paradoxically, has started with troubles caused by India’s close friend — a superpower that regards India as the fulcrum of its Asia strategy(REUTERS)

A robust relationship with the US is central for India. But at what cost?

By Brahma Chellaney
UPDATED ON JUN 07, 2019 10:08 PM IST
US actions, including sanctions against Russia and Iran, have accentuated India’s challenge in balancing its relationships. Indeed, through its actions, Washington is calculatedly seeking to compel India to become more closely aligned with it
Prime Minister Narendra Modi and President Donald Trump, Manila, The Philippines, 2017.(PTI)
Prime Minister Narendra Modi and President Donald Trump, Manila, The Philippines, 2017.(PTI)

Jaishankar has his work cut out

PUBLISHED ON JUN 05, 2019 08:46 AM IST
The foreign minister has to figure out ways to arrest the slide in the India-US bilateral ties.
M Narendra Modi with US President Donald Trump during a meeting in Manila in November 2017.(Reuters File Photo)
M Narendra Modi with US President Donald Trump during a meeting in Manila in November 2017.(Reuters File Photo)

US move to scrap preferential trade status unfortunate: Government

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON JUN 01, 2019 11:56 PM IST
Congress attacks Centre, says the decision will have grave trade and economic implications
Trump had announced his intention to remove India from the Generalized System of Preferences (GSP) program in early March.(AFP FILE)
Trump had announced his intention to remove India from the Generalized System of Preferences (GSP) program in early March.(AFP FILE)

US to end trade privileges for India on June 5, says Donald Trump

Washington | By Yashwant Raj
UPDATED ON JUN 01, 2019 11:07 AM IST
India is the biggest beneficiary of the GSP, which allows preferential duty-free imports of up to $5.6 billion from the South Asian nation.
Indo-US talks could resume whenever Modi government 2.0 is ready, but it does not apparently have much time.(REUTERS File)
Indo-US talks could resume whenever Modi government 2.0 is ready, but it does not apparently have much time.(REUTERS File)

PM-elect Modi must use his mandate to resolve Indo-US trade tussles

Hindustan Times | By Yahwant Raj
UPDATED ON MAY 27, 2019 08:12 AM IST
While Washington was prepared to continue these talks with whichever party won the elections, many analysts argued that the BJP and Modi were “more open to aligning with US regional strategy” of balancing China and “more energetic in pursuing economic reforms”
US commerce secretary Wilbur Ross too hinted the two sides will maintain their positions in his speech at the Trade Winds business forum, while raising the issue of trade imbalance with India.(AFP File Photo)
US commerce secretary Wilbur Ross too hinted the two sides will maintain their positions in his speech at the Trade Winds business forum, while raising the issue of trade imbalance with India.(AFP File Photo)

In relief for India, US could delay action on oil, trade sanctions till June

Hindustan Times, New Delhi | By HT Correspondents
UPDATED ON MAY 08, 2019 11:41 AM IST
India’s main concerns include the US decision to enforce sanctions on oil imports from Iran, one of the country’s main energy suppliers, and the withdrawal of benefits under the Generalized System of Preferences (GSP) programme.
A bipartisan group of 25 members of US congress have urged the Trump administration to not terminate India’s eligibility for a zero-duty import programme and asked negotiation be continued to find a solution.(REUTERS)
A bipartisan group of 25 members of US congress have urged the Trump administration to not terminate India’s eligibility for a zero-duty import programme and asked negotiation be continued to find a solution.(REUTERS)

US lawmakers urge Trump admin to not terminate GSP for India

PUBLISHED ON MAY 03, 2019 10:22 PM IST
“No party — in the United States or India — would benefit from terminating GSP (Generalized System of Preferences, as the programme is called),” they wrote in a letter to US trade representative Robert Lighthizer.
Despite the threat of sanctions, Ibrahim Kalin said Turkey had no plans to cut oil imports to zero or to stop trade with Iran “for the time being”.(PTI)
Despite the threat of sanctions, Ibrahim Kalin said Turkey had no plans to cut oil imports to zero or to stop trade with Iran “for the time being”.(PTI)

India, Turkey on ‘same page’ as US threatens sanctions over Iran oil import

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON APR 26, 2019 10:50 PM IST
Like India, Turkey has been threatened with US sanctions under the Countering America’s Adversaries Through Sanctions Act for procuring the S-400 air defence system from Russia.
Image for representation(AP file photo)
Image for representation(AP file photo)

US lawmakers bat for India, seek more time to resolve duty-free trade issues

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON APR 13, 2019 09:07 PM IST
Two senior US senators, who head the bipartisan India caucus in the upper chamber of congress, joined a growing demand for the US trade representative (USTR) to delay a presidential proclamation terminating duty-free benefits for some imports from India by at least 30 days.
Last June, India said it would step up import duties varying from 20 percent to 120 percent on a slew of U.S. farm, steel and iron products, angered by Washington’s refusal to exempt it from new steel and aluminium tariffs.(REUTERS)
Last June, India said it would step up import duties varying from 20 percent to 120 percent on a slew of U.S. farm, steel and iron products, angered by Washington’s refusal to exempt it from new steel and aluminium tariffs.(REUTERS)

Scrapping India’s trade privileges could hit American consumers, US senators say

New Delhi | By Reuters
PUBLISHED ON APR 13, 2019 05:33 PM IST
Trade relations suffered in the past few months after India adopted new rules on e-commerce reining in how companies such as Amazon.com Inc and Walmart Inc-backed Flipkart do business
If US President Donald Trump presses ahead with his plan to end the Generalized System of Preferences (GSP) for India, it could lose the status in early May, Indian officials have said, raising the prospect of retaliatory tariffs.(Reuters File)
If US President Donald Trump presses ahead with his plan to end the Generalized System of Preferences (GSP) for India, it could lose the status in early May, Indian officials have said, raising the prospect of retaliatory tariffs.(Reuters File)

‘Scrapping India’s trade privileges could hit American consumers’: US senators

New Delhi | By Reuters
UPDATED ON APR 13, 2019 03:36 PM IST
India is the world’s largest beneficiary of the GSP, dating from the 1970s, but trade ties with the US have widened over what Trump calls its high tariffs and concerns over New Delhi’s e-commerce policies.
Prime Minister Narendra Modi and President Donald Trump at the White House, June 2017(PTI)
Prime Minister Narendra Modi and President Donald Trump at the White House, June 2017(PTI)

India-US ties must be self-sustaining

By Arun Singh
UPDATED ON APR 08, 2019 09:18 PM IST
Trends and recent supportive actions by the United States suggest the relationship is on a positive trajectory
Minister of commerce and industry Suresh Prabhu.(HT File Photo)
Minister of commerce and industry Suresh Prabhu.(HT File Photo)

‘India has offered new package to US to fix trade irritants’: Suresh Prabhu

Hindustan Times, New Delhi | By Shishir Gupta and Rajeev Jayaswal
UPDATED ON APR 04, 2019 12:11 PM IST
Prabhu said the major US trade concerns pertained to its exports of medical devices, dairy products, mobile phones and agricultural items such as almonds, but didn’t spell out exactly what India had offered the US in the conciliatory trade package.
A bipartisan duo of US lawmakers on Wednesday urged the Trump administration delay the termination of zero-tariff trade benefits for India till after election to make room for discussions.(REUTERS)
A bipartisan duo of US lawmakers on Wednesday urged the Trump administration delay the termination of zero-tariff trade benefits for India till after election to make room for discussions.(REUTERS)

US lawmakers ask for GSP talks to be held after elections

Washington | By HT Correspondent
UPDATED ON MAR 29, 2019 07:51 AM IST
George Holding, the other lawmaker who is the Republican co-chair of the House India caucus, said he has been in touch with the US trade representative Robert Lighthizer on GSP talks.
India should keep its eye on the big picture. Since the country began liberalising its economy in 1991, its bilateral trade with the United States has increased dramatically and India is the ninth largest trading partner of the US today.(REUTERS)
India should keep its eye on the big picture. Since the country began liberalising its economy in 1991, its bilateral trade with the United States has increased dramatically and India is the ninth largest trading partner of the US today.(REUTERS)

Negotiation is the only way out of the India-US trade war

By Frank F Islam
UPDATED ON MAR 15, 2019 03:39 PM IST
If India retaliates, there is little doubt that the Trump administration would respond in return and up the ante.
US President Donald Trump (R) greets Indian Prime Minister Narendra Modi during their joint news conference in the Rose Garden of the White House in Washington, U.S., June 26, 2017.(REUTERS FILE PHOTO)
US President Donald Trump (R) greets Indian Prime Minister Narendra Modi during their joint news conference in the Rose Garden of the White House in Washington, U.S., June 26, 2017.(REUTERS FILE PHOTO)

Will end preferential trade with India: US

Hindustan Times, Washington/New Delhi | By Yashwant Raj and Rajeev Jayaswal
UPDATED ON MAR 05, 2019 11:04 PM IST
The US government has notified its intent to remove India from its zero-import duty programme, the Generalised System of Preferences (GSP), after a 60-day notice, though India said on Tuesday the matter can be resolved amicably through discussions.
US President Donald Trump holds a bilateral meeting with Prime Minister Narendra Modi during the ASEAN Summit, Manila, The Philippines, November 13, 2017(REUTERS)
US President Donald Trump holds a bilateral meeting with Prime Minister Narendra Modi during the ASEAN Summit, Manila, The Philippines, November 13, 2017(REUTERS)

With polls round the corner, a new trade deal with the US is unlikely

Hindustan Times | By HT Correspondent
PUBLISHED ON MAR 05, 2019 05:44 PM IST
On the investment front, India’s recent rules on e-commerce have inconvenienced Walmart and Amazon, both US companies, and which run India’s top two e-commerce market places. The change was made to placate India’s small retailers.
India has been the top beneficiary of this programme that extends zero-tariff regime for some goods to 120 countries.(REUTERS)
India has been the top beneficiary of this programme that extends zero-tariff regime for some goods to 120 countries.(REUTERS)

Donald Trump to end trade preference deal, India says won’t hit exports

Washington, Hindustan Times | By Yashwant Raj
UPDATED ON MAR 05, 2019 11:41 AM IST
President Trump said that he had “determined that India has not assured the United States that it will provide equitable and reasonable access to the markets of India”.
U.S. President Donald Trump with PM Narendra Modi.(REUTERS FILE PHOTO)
U.S. President Donald Trump with PM Narendra Modi.(REUTERS FILE PHOTO)

US considers withdrawal of zero tariffs for India: Report

Reuters | By Sanjeev Miglani and Neha Dasgupta
UPDATED ON FEB 08, 2019 05:11 PM IST
India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said.
Indian products removed from the GSP include areca nuts, mangoes processed by vinegar or acetic acid, plain weave handloom cotton fabrics containing over 85 per cotton by weight, handloom carpets and textile floor coverings, among others.(HT file photo)
Indian products removed from the GSP include areca nuts, mangoes processed by vinegar or acetic acid, plain weave handloom cotton fabrics containing over 85 per cotton by weight, handloom carpets and textile floor coverings, among others.(HT file photo)

US withdraws duty-free concession on import of 50 Indian products

Washington | By Indo-Asian News Service
PUBLISHED ON NOV 01, 2018 09:12 PM IST
The Indian products, mostly from the agriculture and handloom sectors, were removed from the Generalized System of Preferences (GSP) list effective November 1 by a US Presidential proclamation earlier this week.
President Donald Trump issued a presidential proclamation, leading to the removal of these products from the privilege beginning November 1.(AFP File Photo)
President Donald Trump issued a presidential proclamation, leading to the removal of these products from the privilege beginning November 1.(AFP File Photo)

50 Indian items face heat as US revokes duty-free privileges on import of 90 products

Washington | By PTI
UPDATED ON NOV 01, 2018 01:07 PM IST
As of November 1, these products "will no longer qualify for duty-free preferences under the GSP programme but may continue to be imported subject to regular Most Favored Nation duty-rates," an official of US Trade Representative told PTI.
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