India's landscape this week was painted with economic concerns over US tariffs, coupled with dynamic political shifts and policy updates. Various sectors
are reshaping the nation's trajectory.
Trade & Tariffs
Urjit Patel highlighted the impact of US tariffs, affecting 55% of Indian exports. The government also decided to retain the cess on tobacco products until compensation loans are paid. This move addresses economic challenges and provides relief to various sectors of the Indian economy.
Political Landscape Shifts
Student elections saw dynamic alliances and fresh faces. Also, the United Naga Council declared a trade embargo, and Delhi Confidential discussions unfolded. BJP raised questions about the wife of Pawan Khera. This showcases the dynamic political environment across India.
Policy & Reforms
The Gujarat government increased municipalities' authority for development work approvals by up to 50%. Om Birla emphasized the need for institutional reforms for swift justice. Additionally, the MHA declared no prosecution for minorities entering India after 2014. These reflect crucial reforms.
Legal & Security
AAP MLA Harmit Singh Pathanmajra alleged that cops wanted to kill him in a fake encounter. The NGT is considering declaring the higher Himalayas an Eco-Sensitive Zone. India is also enacting a law to protect its interests in high seas, following the BBNJ agreement.
Misc. Updates
In Kashmir, two deaths and power outages were reported. An investigation into the Markaz head's Covid FIR found nothing objectionable. India and Germany emphasized 'predictability and reliability' to the US. Also, daily horoscopes for various sun signs were published.
