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FDI policy shift seen as pragmatic move; experts say eased norms may boost capital flows with safeguards

The government’s move to relax foreign direct investment rules for China and other nations sharing land borders with India has drawn support from experts, who say the step attempts to strike a balance between attracting capital and protecting strategic interests. They also noted that the proposal for a 60-day fast-track approval window for investments in…

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Sam Altman to everyone criticising OpenAI’s Pentagon deal: Our agreement has better safeguards than Anthropic’s; shares ‘contract language’

OpenAI CEO Sam Altman has now pushed back against the criticism of his company’s deal with the US Department of War. Altman insisted that the agreement includes stronger safety guardrails than those Anthropic refused to accept before being backlisted. In a blog post published on Saturday (February 28), OpenAI shared excerpts of its contract language,…

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India-EU FTA: Stainless steel body seeks safeguards for domestic industry

The Indian Stainless Steel Development Association (ISSDA) on Wednesday described the India–European Union free trade agreement as a significant step in India’s global trade engagement, while cautioning that adequate safeguards will be needed to protect domestic stainless steel producers, PTI reported.India and the EU announced the conclusion of negotiations for the FTA earlier this week….

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Chinese imports: India imposes 12% tariff on steel inflows; aims to curb cheap shipments with safeguards

India rolled out a new trade measure on Tuesday, imposing safeguard duties on certain steel imports for a period of three years. The move comes as a push to protect domestic manufacturers from a surge in low-cost overseas supplies, particularly from China.As per a finance ministry notification, the safeguard duty will stand at 12% in…

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