Tag: tariffs
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Indian Metal Firms Go Local Amid Global Tariff Heat
Indian metal companies are poised for strong domestic expansion in FY26, showing resilience in the face of external trade headwinds such as US-imposed tariffs....
Indian IT Faces Heat Over US Tariff Shock
India’s $283-billion IT sector is staring at a turbulent year ahead as fresh US tariff announced by President Donald Trump threaten to disrupt business...
Trump Eyes Pharma Tariffs After Initial Exemption
In a surprising escalation, US President Donald Trump has warned of imposing steep tariffs on the pharma sector—just hours after exempting the category from...
India-US Trade Talks Face Crucial Deadline
The trade relationship between India and the United States has grown significantly over the past two decades, with the US emerging as India’s largest...
US Tariffs to Hit Indian Pharma Hard
The United States’ proposed tariffs on pharmaceutical imports could severely impact Indian drug manufacturers, increasing production costs and reducing competitiveness, according to industry experts....
GTRI: India’s Tariffs Justified, US Must Reassess
India’s import duties adhere to World Trade Organization (WTO) rules, and the government should communicate this effectively to the US administration, according to a...
Jindal Stainless MD Seeks 25% Import Duty to Curb Dumping
Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...