US and Bangladesh strike new trade deal — key terms of the agreement

The United States and Bangladesh on Monday finalised the United States–Bangladesh Agreement on Reciprocal Trade, wrapping up negotiations as both countries stepped in to strengthen bilateral economic ties. Under the revised framework, Bangladeshi exports to the American market will attract a 19% tariff, marginally lower than the 20% imposed in August and significantly below the…

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‘Historically new level’: US cuts tariffs on Bangladeshi goods to 19% under new trade deal

The United States and Bangladesh on Monday reached an Agreement on Reciprocal Trade as both sides seek to deepen their “bilateral economic relationship”. Under the arrangement, Bangladesh’s exports to the American market will face a 19% tariff, slightly below the earlier rate of 20%. The signing brought together US trade representative Jamieson Greer and Bangladesh’s…

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Proxy advisory firm flags ‘crisis’ at Zee Ent, co rejects claims

MUMBAI: Shareholder advisory firm InGovern has turned up the heat on Zee Entertainment Enterprises, calling for the appointment of a professional managing director, a forensic audit of related-party transactions, and other governance reforms. InGovern said Zee is witnessing a deepening crisis of confidence, with promoters exercising substantial operational control despite holding a stagnant equity stake…

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Industry split, govt reviews import policy on refurbished med devices

NEW DELHI: As India pushes ahead with bilateral trade agreements, the issue of importing refurbished medical equipment has emerged as a contentious flashpoint in the medical devices sector. Domestic players have warned against easing restrictions, flagging patient safety risks and concerns over unfair competition, while MNCs are advocating a globally-aligned framework to allow wider access…

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New Tamil Nadu plant to power JLR’s ambitions in India

CHENNAI: Strengthening India’s capabilities in premium vehicle manufacturing, Tata Motors Passenger Vehicles and its subsidiary Jaguar Land Rover Automotive Plc (JLR) have inaugurated a new greenfield facility at Panapakkam in Tamil Nadu. Located about 80km from Chennai, the plant is expected to emerge as a key assembly hub for JLR, which currently assembles its vehicles…

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Manufacturing push vs net zero goal: Balancing growth and emissions is key challenge for India, says CEA

Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…

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India-Seychelles ties: PM Modi announces $175 million economic package; focus on maritime, development cooperation

India on Monday announced a $175 million development assistance package for Seychelles after Prime Minister Narendra Modi held wide-ranging talks with the island nation’s President Patrick Herminie, with the two sides outlining a joint vision to expand bilateral engagement across sectors. The development was announced following the Modi-Herminie meeting, which also saw the signing of…

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