India-UK trade deal: Tariff on imported whisky halved, automotive duty cut to 10 percent under quota

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The FTA has taken place in the backdrop of growing economic relations between India and the UK, and the bilateral trade of about $60 billion between both nations is projected to double by 2030, a government statement has said. PM Narendra Modi made the FTA announcement after a telephonic conversation with his British counterpart Keir…

JSW Steel’s ‘clean slate’ at risk as SC’s liquidation order on Bhushan Power and Steel jolts industry

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Despite having successfully completed the acquisition and operated the company since 2021, JSW Steel now faces the prospect of unwinding the Rs 19,350 crore deal, raising larger questions about the credibility and finality of the Insolvency and Bankruptcy Code (IBC) process. The Supreme Court’s verdict ordering the liquidation of Bhushan Power and Steel (BPSL) has…