Prøve GULL - Gratis
Auto, pharma industries seek phased tariffs to avoid disruption
Business Standard
|April 02, 2025
As US President Donald Trump prepares to announce a sweeping tariff plan this week, both the automotive and pharmaceutical industries are making last-minute efforts to influence the administration's approach, urging for phased tariffs to avoid economic disruption.
In the auto industry, major US auto manufacturers, including Ford, General Motors (GM), and Stellantis, are lobbying for exemptions on certain low-cost car parts ahead of planned tariffs. Set to take effect on April 3, 25 per cent tariff on fully assembled vehicles, followed by additional levies on parts like engines and transmissions starting May 3, are seen as a way to bolster domestic manufacturing.
Denne historien er fra April 02, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
From safe bets to sore spots — and maybe back again
2025 turned FMCG, IT, and pharma into market laggards. Yet with earnings stable and valuations cooling, their next move could surprise
2 mins
November 06, 2025
Business Standard
Brookfield Reit seals India's record office real estate deal
Brookfield India Real Estate Trust (Reit) has signed binding agreements to acquire Ecoworld, a Grade-A office campus spanning 7.7 million square feet (msf) in Bengaluru, for ₹13,125 crore.
2 mins
November 06, 2025
Business Standard
India-Japan partnership enhances stability in Indo-Pacific: Jaishankar
The India-Japan partnership enhances the strategic stability in the Indo-Pacific region and contributes to economic growth at the global level, External Affairs Minister S Jaishankar said on Wednesday.
1 min
November 06, 2025
Business Standard
MF equity buying in October lowest in 6 months
NET INFLOWS INTO ACTIVE EQUITY SCHEMES HAVE MODERATED SINCE HITTING AN ALL-TIME HIGH OF 342,702 CR IN JULY. IN SEPTEMBER, INVESTORS HAD PUT IN $30,422 CR
1 min
November 06, 2025
Business Standard
'India, US holding continuous talks for trade pact'
Commerce and Industry Minister Piyush Goyal on Wednesday said India and the US are holding continuous discussions for the proposed bilateral trade agreement.
1 min
November 06, 2025
Business Standard
'A titan of business and a true gentleman'
Iam deeply saddened by the passing of my dear friend Gopichand Hinduja.
3 mins
November 06, 2025
Business Standard
Cement, chemicals drive Grasim net profit up 76%
Grasim Industries on Wednesday reported a 76 per cent rise in consolidated profit in the September quarter (Q2 FY26) to%553 crore from the year before, driven by its cement and chemicals businesses making higher profits and traction for new-age segments.
1 mins
November 06, 2025
Business Standard
MF equity buying in Oct lowest in 6 mths
Experts attribute this to profit booking, elevated valuations
2 mins
November 06, 2025
Business Standard
Embassy Reit posts 15% increase in NOI
Embassy Office Parks Reit on Wednesday reported a 15 per cent increase in its net operating income (NOI) to ₹927 crore for the second quarter of this fiscal year.
1 min
November 06, 2025
Business Standard
Paytm bets on AI-led revenue growth, cost-efficiency
After helping rein in costs, Paytm’s artificial intelligence (AD)-led product focus is expected to further drive revenue growth, founder and chief executive officer (CEO) Vijay Shekhar Sharma said on Wednesday.
1 mins
November 06, 2025
Listen
Translate
Change font size