India reserves right to retaliate if UK's proposed carbon tax hits exports: Official

India reserves right to retaliate if UK's proposed carbon tax hits exports: Official

During the recent visit to London, Commerce and Industry Minister Piyush Goyal has flagged concerns over this tax and has conveyed that India may consider retaliation if the UK would go ahead with the plan

India Will Retaliate If EU Imposes Carbon Tax: Union Minister Piyush Goyal

India will impose retaliatory duties if the European Union goes ahead with its plan to levy a carbon tax on Indian products, Commerce and Industry Minister Piyush Goyal said on Tuesday.

India Will Retaliate, if EU Imposes Carbon Tax: Goyal

Get latest articles and stories on India at LatestLY. India will impose retaliatory duties if the European Union goes ahead with its plan to levy a carbon tax on Indian products, Commerce and Industry Minister Piyush Goyal said on Tuesday. India News | India Will Retaliate, if EU Imposes Carbon Tax: Goyal.

Centre invites expert comments to develop India’s Climate Finance Taxonomy for Net Zero goal

New Delhi, May 7 (SocialNews.XYZ) The Finance Ministry’s Department of Economic Affairs on Wednesday invited expert comments on the draft framework to develop India's Climate Finance Taxonomy to facilitate greater resource flow for climate-friendly technologies and activities to achieve the country’s vision of being net zero by 2070. While presenting the Union Budget 2024-25, Finance Minister Nirmala Sitharaman had said: "We will develop a taxon…

Bilateral trade talks between India US "moving progressively", says Piyush Goyal

NEW DELHI : Shri Piyush Goyal, the Union Commerce and Industry Minister, on Tuesday said that the Bilateral Trade Agreement (BTA) with the United States is moving progressively in the right direction.“Conversation with the US is going very well. We were the first country to start the conversation. Conversion is going extremely well. We are moving progressively in the right direction,” said Union Minister Shri Piyush Goyal, speaking at the Columb…

India pushes for rebalancing as UK carbon tax stalls trade deal - Maritime Gateway

India has suggested a “rebalancing mechanism” that would require the UK to reimburse Indian industry for losses incurred as a result of the regulation, since the UK is still unwilling to make any concessions under its Carbon Border Adjustment Mechanism (CBAM), which aims to impose duties on imports that are high in carbon. The “rebalancing mechanism” clause has been included to the chapter on “general exceptions” in the two nations’ negotiation …