Hello,After months of uncertainty, there may finally be an update on the US tariffs front: US Treasury Secretary Scott Bessent hinted at the possible removal of the additional 25% tariffs on Indian goods after Indian imports of Russian oil dropped sharply.Meanwhile, India and the European Union are set to announce the conclusion of talks towards a free trade pact next week. What that means for India: cheaper European cars and wine due to reduced tariffs, and an expanded market for Indian electronics, textiles, and chemicals.In other news, the race for the weight loss market is heating up. Following approvals granted to Dr Reddy’s Laboratories, Sun Pharmaceutical Industries, Zydus Lifesciences, and Alkem Laboratories have received approval from India’s regulator to manufacture and sell generic versions of weight-loss and diabetes drugs Wegovy and Ozempic.Lastly, large swathes of the US East Coast are preparing for a winter storm, which is expected to blanket dozens of states in ice, sleet and snow. From multiple airlines cancelling flights to cities making preparations to deal with power demand, it’s clear that this is a climate phenomenon at an unprecedented geographic scale. Amid meteorological forecasts, there’s one index all of the United States has its eye on: how long… Read MoreYourStory RSS Feed
