Maruti Suzuki Chairman R C Bhargava urged Indians to stand united against the US’s 50% tariffs on Indian goods, calling it economic bullying. He also welcomed proposed GST restructuring, expressing hope for reduced tax on small cars to boost consumers
The commerce ministry is holding stakeholder consultations for the formulation the next foreign trade policy (FTP) for five years (2020-25). It is expected to be rolled out in April.