President Xi Jinping leads high-powered Chinese delegation for BRICS conference in Indian capital New Delhi
Xi Jinping has not only joined other leaders of member countries in pushing for their respective expansions but also put forward new ideas and initiatives like the “BRICS Plus” cooperation approach and the building of an SCO community with a shared future, opening up new vistas for win-win cooperation among Global South countries.
India in massive reduction of taxes on small cars in line with PM Modi reforms, sending shares higher
Cars with higher engine capacity that currently attract 28 per cent GST and an additional levy of up to 22 per cent – resulting in total taxes of about 50 per cent – may come under a new special rate of 40 per cent, the source said.
Missed signals, lost deal: Hopes of India, US raising trade to $500b fade as talks collapse
Officials on both sides said a mix of political misjudgement, missed signals and bitterness broke down the deal between the world’s biggest and fifth-largest economies, whose bilateral trade is worth over $190 billion.
