https://www.taxtmi.com/news?id=51363 India responds to announced foreign import duties and a stated penalty over purchases from Russia by prioritising economic sovereignty and negotiation leverage. The government views the foreign measures as pressure tactics amid stalled bilateral talks on agriculture, dairy and biotech concessions, and is examining their implications while asserting India's rise toward the third-largest economy. The Prime Minister urges a nationwide push for Swadeshi and 'Vocal for Local' to support domestic industry, bolster bargaining power in trade negotiations and protect national interest, alongside reaffirming farmer-centric policy commitments. en-us Sat, 02 Aug 2025 18:16:03 +0530 Sat, 02 Aug 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51363 India responds to announced foreign import duties and a stated penalty over purchases from Russia by prioritising economic sovereignty and negotiation leverage. The government views the foreign measures as pressure tactics amid stalled bilateral talks on agriculture, dairy and biotech concessions, and is examining their implications while asserting India's rise toward the third-largest economy. The Prime Minister urges a nationwide push for Swadeshi and 'Vocal for Local' to support domestic industry, bolster bargaining power in trade negotiations and protect national interest, alongside reaffirming farmer-centric policy commitments. News - Sat, 02 Aug 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=51363