"Double Whammy": Congress On US Move Amid Growth, Unemployment Concerns
India News | Reported by Sunil Prabhu, Edited by Divyanshu Dutta Roy | Saturday June 1, 2019
The Congress on Saturday said the US government's decision to terminate special trade status for India was a "double whammy" for the country which reported slowing growth and rising unemployment just a day before. Saying that the US move was deeply worrying, Congress chief spokesperson Randeep Surjewala urged Prime Minister Narendra Modi to explain...
25 US Lawmakers Urge Against Ending Preferential Trade Treatment To India
India News | Press Trust of India | Friday May 3, 2019
A group of 25 influential American lawmakers has urged the US Trade Representative not to terminate the GSP programme with India after the expiry of the 60-day notice on Friday, saying the country's companies seeking to expand their exports to India could be affected.
Ending India's Trade Privileges May Hit American Consumers: US Lawmakers
India News | Reuters | Saturday April 13, 2019
A US plan to end preferential duty-free imports of up to $5.6 billion from India could raise costs for American consumers, two US senators have told their country's trade office, urging a delay in adopting the plan, and seeking more negotiations.
Trump Urged To Delay Move Taking India Off 'Preferred Trade Partner' List
India News | Press Trust of India | Thursday March 28, 2019
US President Donald Trump should delay his decision to terminate the preferential trade status granted to India till the general elections in the country are over, several influential US lawmakers, including Democratic presidential aspirant Tulsi Gabbard, said on Wednesday.
Trump Says Ending Trade Privilege For India, New Delhi Plays Down Impact
India News | Written by Alisha Sachdeva | Tuesday March 5, 2019
Hours after US President Donald Trump announced his decision to end preferential trade treatment for India, the government today said that the move will not have a "significant impact". India currently enjoys duty-free entry for upto $5.6 billion worth of its exports to the US, under what is known as the Generalised System of Preferences or GSP.
Donald Trump Says Ending Preferential Trade Treatment For India
India News | Reuters | Tuesday March 5, 2019
US President Donald Trump looked set to open a new front in his trade wars today with a plan to end preferential trade treatment for India that allows duty-free entry for $5.6 billion worth of the country's exports to the United States.
India Says US Trade Preference Program Enhances Pace Of Economic Reforms
India News | Press Trust of India | Wednesday June 20, 2018
India today told the Trump administration that the Generalized System of Preference program (GSP) would enhance India's development and the pace of economic reforms, urging it not to withdraw the south Asian country from the US' trade preference programme.
Sennheiser GSP 600 Gaming Headphones Launched, 13-Speaker AMBEO 3D Soundbar Previewed at CES 2018
Jagmeet Singh | Thursday January 11, 2018
Sennheiser has expanded its audio device lineup by launching the GSP 600 headphones and previewing a 13-speaker soundbar at CES 2018.
IT Systems Not Ready For July 1 Rollout: GST Suvidha Providers
Business | Indo-Asian News Service | Saturday June 10, 2017
"All the rules are yet to be notified. Only after the rules are finalised can the IT systems from Goods and Services Tax Network (GSTN) be ready. The GST Suvidha Providers (GSPs) would be ready only after that," Tejas Goenka, Executive Director at Tally Solutions told IANS.
TCS Among Other Firms Shortlisted For Providing GST Services
Business | Press Trust of India | Friday December 9, 2016
Tata Consultancy Services, Deloitte Touche, EY and Tally Solutions were among the 34 firms short-listed today to provide interface between the new Goods and Services Tax (GST) server and taxpayers.
Nano Chip In Rs 2,000 Notes? Arun Jaitley Dismisses Rumours
Business | Indo-Asian News Service | Wednesday November 9, 2016
Finance Minister Arun Jaitley dispelled rumours of the Rs 2,000 note having a 'micro nano GSP chip' to enable its tracking through satellite.
India Needs to Aim for Growth Without Inflation: Jayant Sinha
Business | Tuesday January 13, 2015
Speaking at an industry event, Jayant Sinha also said India needs to aim for non-inflationary economic growth of 7-8 per cent.
Garment Exporters Face Stiff Competition From Neighbours
Business | Thursday July 17, 2014
The EU's Generalised Scheme of Preferences (GSP) allows exporters belonging to developing countries to pay less or no duties on their exports to the EU, thereby giving them vital access to EU markets and contributing to their economic growth.
Bangladesh Should Take More Steps to Improve Safety of Workers: US
World News | Press Trust of India | Thursday July 3, 2014
Bangladesh needs to take more concrete steps to improve safety of its workers before US President Barack Obama could consider revoking its suspension from the Generalised System of Preferences (GSP) trade benefits, a top US administration official has said.
US urged to take tougher line on Indian trade practices
India News | Reuters | Wednesday May 15, 2013
A US think tank on Tuesday recommended Congress suspend trade benefits for India, in the latest sign of US frustration over Indian policies that block American exports and "free ride" on costly US research to develop new medicines and other forms of valuable intellectual property.
"Double Whammy": Congress On US Move Amid Growth, Unemployment Concerns
India News | Reported by Sunil Prabhu, Edited by Divyanshu Dutta Roy | Saturday June 1, 2019
The Congress on Saturday said the US government's decision to terminate special trade status for India was a "double whammy" for the country which reported slowing growth and rising unemployment just a day before. Saying that the US move was deeply worrying, Congress chief spokesperson Randeep Surjewala urged Prime Minister Narendra Modi to explain...
25 US Lawmakers Urge Against Ending Preferential Trade Treatment To India
India News | Press Trust of India | Friday May 3, 2019
A group of 25 influential American lawmakers has urged the US Trade Representative not to terminate the GSP programme with India after the expiry of the 60-day notice on Friday, saying the country's companies seeking to expand their exports to India could be affected.
Ending India's Trade Privileges May Hit American Consumers: US Lawmakers
India News | Reuters | Saturday April 13, 2019
A US plan to end preferential duty-free imports of up to $5.6 billion from India could raise costs for American consumers, two US senators have told their country's trade office, urging a delay in adopting the plan, and seeking more negotiations.
Trump Urged To Delay Move Taking India Off 'Preferred Trade Partner' List
India News | Press Trust of India | Thursday March 28, 2019
US President Donald Trump should delay his decision to terminate the preferential trade status granted to India till the general elections in the country are over, several influential US lawmakers, including Democratic presidential aspirant Tulsi Gabbard, said on Wednesday.
Trump Says Ending Trade Privilege For India, New Delhi Plays Down Impact
India News | Written by Alisha Sachdeva | Tuesday March 5, 2019
Hours after US President Donald Trump announced his decision to end preferential trade treatment for India, the government today said that the move will not have a "significant impact". India currently enjoys duty-free entry for upto $5.6 billion worth of its exports to the US, under what is known as the Generalised System of Preferences or GSP.
Donald Trump Says Ending Preferential Trade Treatment For India
India News | Reuters | Tuesday March 5, 2019
US President Donald Trump looked set to open a new front in his trade wars today with a plan to end preferential trade treatment for India that allows duty-free entry for $5.6 billion worth of the country's exports to the United States.
India Says US Trade Preference Program Enhances Pace Of Economic Reforms
India News | Press Trust of India | Wednesday June 20, 2018
India today told the Trump administration that the Generalized System of Preference program (GSP) would enhance India's development and the pace of economic reforms, urging it not to withdraw the south Asian country from the US' trade preference programme.
Sennheiser GSP 600 Gaming Headphones Launched, 13-Speaker AMBEO 3D Soundbar Previewed at CES 2018
Jagmeet Singh | Thursday January 11, 2018
Sennheiser has expanded its audio device lineup by launching the GSP 600 headphones and previewing a 13-speaker soundbar at CES 2018.
IT Systems Not Ready For July 1 Rollout: GST Suvidha Providers
Business | Indo-Asian News Service | Saturday June 10, 2017
"All the rules are yet to be notified. Only after the rules are finalised can the IT systems from Goods and Services Tax Network (GSTN) be ready. The GST Suvidha Providers (GSPs) would be ready only after that," Tejas Goenka, Executive Director at Tally Solutions told IANS.
TCS Among Other Firms Shortlisted For Providing GST Services
Business | Press Trust of India | Friday December 9, 2016
Tata Consultancy Services, Deloitte Touche, EY and Tally Solutions were among the 34 firms short-listed today to provide interface between the new Goods and Services Tax (GST) server and taxpayers.
Nano Chip In Rs 2,000 Notes? Arun Jaitley Dismisses Rumours
Business | Indo-Asian News Service | Wednesday November 9, 2016
Finance Minister Arun Jaitley dispelled rumours of the Rs 2,000 note having a 'micro nano GSP chip' to enable its tracking through satellite.
India Needs to Aim for Growth Without Inflation: Jayant Sinha
Business | Tuesday January 13, 2015
Speaking at an industry event, Jayant Sinha also said India needs to aim for non-inflationary economic growth of 7-8 per cent.
Garment Exporters Face Stiff Competition From Neighbours
Business | Thursday July 17, 2014
The EU's Generalised Scheme of Preferences (GSP) allows exporters belonging to developing countries to pay less or no duties on their exports to the EU, thereby giving them vital access to EU markets and contributing to their economic growth.
Bangladesh Should Take More Steps to Improve Safety of Workers: US
World News | Press Trust of India | Thursday July 3, 2014
Bangladesh needs to take more concrete steps to improve safety of its workers before US President Barack Obama could consider revoking its suspension from the Generalised System of Preferences (GSP) trade benefits, a top US administration official has said.
US urged to take tougher line on Indian trade practices
India News | Reuters | Wednesday May 15, 2013
A US think tank on Tuesday recommended Congress suspend trade benefits for India, in the latest sign of US frustration over Indian policies that block American exports and "free ride" on costly US research to develop new medicines and other forms of valuable intellectual property.
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