The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign supply chains. This initiative aims to curb the country’s import bill and bolster supply resilience, with a focus on sectors like electronics and chemicals where import dependence is high but export potential is also significant.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026