Pharma tariffs may go as high as 250%, says Trump

U.S. President Donald Trump said new tariffs on imported pharmaceuticals will start small but could rise to 250% within 18 months to boost domestic production. He also plans to announce fresh duties on foreign semiconductors, aiming to reduce U.S. reliance…

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Centre shortlists 18 proposals for R&D of EV components

The Centre has shortlisted 18 proposals for R&D of electric vehicle (EV) subsystems to cut reliance on imports and boost domestic manufacturing. These include projects on wireless chargers and traction motors, to be executed in collaboration with academia, industry, and…

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PSBs told to setup one portal for startup lending

The government has directed public sector banks to create a unified digital portal to streamline startup loan applications, sanctions, and information-sharing. Expected by October, the proposed startup hub portal will feature a single application form accessible to all PSBs.

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