Aayush Wellness Share Price Hits 2% Upper Circuit for 7th Day in a Row

On Tuesday, May 6, 2025, while broader markets witnessed a pullback, Aayush Wellness Limited’s share price was locked at a 2% upper circuit as of 10:27 AM, marking its seventh consecutive session of upward movement. 

Stepping Into Preventive Healthcare: A New Business Avenue

Aayush Wellness, previously known for its focus on wellness and preventive care products, has taken a major leap by launching its first integrated healthcare centre in Virar, Mumbai. This move marks the company’s entry into offline preventive healthcare infrastructure, a step aligned with its mission of promoting early diagnosis and affordable health services.

Read More: IRCON Shares Gain for the 3rd Straight Day; Wins ₹187 Cr Kerala Industrial Park Project. 

E-Sanjeevani-Inspired Health Kiosks: Bringing Clinics Closer

The centre introduces a smart health kiosk, often referred to as a Health ATM, inspired by the E-Sanjeevani National Telemedicine Service of the Ministry of Health and Family Welfare. These ATMs can:

  • Perform diagnostic tests such as blood work, ECG, and pulmonary function tests in just 2–3 minutes.

  • Maintain digital health records for follow-up and ease of access.

  • Enable teleconsultation services for quicker medical advice and interventions.

Range of Services Offered

Core Diagnostic Services

  • Quick health assessments through automated health kiosks.

  • Age-appropriate screening to identify early signs of lifestyle-related conditions such as diabetes, hypertension, and bone density issues.

Treatment and Consultation Assistance

  • Teleconsultation with doctors based on diagnostic results.

  • Hospital admission facilitation in partner or government hospitals.

  • Appointment booking for in-person or virtual doctor visits.

Government and Insurance Support

  • Assistance in availing benefits under applicable government health schemes.

  • Participation in public health campaigns including vaccination drives.

  • Insurance claim processing and advisory services to reduce administrative burdens.

Extended Wellness & Support Services

  • Mental wellness programmes to promote psychological health.

  • Home care services such as nursing and physiotherapy.

  • Transport coordination for patients needing mobility assistance.

Expansion Plans and Capital Allocation

The Virar centre is just the beginning. Aayush Wellness intends to scale this model across India, enhancing its physical footprint and creating a wider offline distribution network for its preventive wellness offerings. The company has earmarked ₹25 crore for the first phase of investment, with further capital infusion contingent on performance and demand.

Conclusion

The stock’s back-to-back upper circuits, coinciding with Aayush Wellness’s transition into a comprehensive healthcare service provider. Aayush Wellness intends to scale this model across India, enhancing its physical footprint and creating a wider offline distribution network for its preventive wellness offerings

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

DRDO and Indian Navy Successfully Validate Indigenous Multi-Influence Ground Mine

In a significant milestone for India’s indigenous defence capabilities, the Defence Research and Development Organisation (DRDO) and the Indian Navy have jointly conducted a successful combat firing (with reduced explosive) of the Multi-Influence Ground Mine (MIGM). This advanced underwater naval mine has been indigenously designed and developed to counter modern maritime threats.

Developed Through Collaboration

The MIGM is the result of collaborative efforts spearheaded by the Naval Science and Technological Laboratory (NSTL) in Visakhapatnam, alongside other key DRDO laboratories High Energy Materials Research Laboratory (HEMRL), Pune, and Terminal Ballistics Research Laboratory (TBRL), Chandigarh. These institutions have worked together to develop a mine capable of detecting and targeting stealthy surface vessels and submarines.

Enhancing India’s Undersea Defence Capabilities

The mine has been designed to significantly strengthen the Indian Navy’s undersea warfare capabilities. It incorporates multi-influence sensors, allowing it to respond to a combination of acoustic, magnetic, and pressure signatures of enemy vessels, making it a potent deterrent in modern naval operations.

Read More: DRDO Achieves Breakthrough with Over 1,000 Seconds of Scramjet Combustor Testing. 

Industrial Partners in Production

Production of the MIGM is being carried out by Bharat Dynamics Limited (BDL), Visakhapatnam, and Apollo Microsystems Limited, Hyderabad, demonstrating a robust public-private collaboration model in India’s defence manufacturing ecosystem.

Endorsements from Leadership

Commending the collaborative success, Raksha Mantri Shri Rajnath Singh acknowledged the achievement and its impact on strengthening the country’s undersea warfare capabilities. Dr Samir V Kamat, Secretary of the Department of Defence R&D and Chairman of DRDO, noted that with this successful validation trial, the MIGM is now ready for induction into the Indian Navy.

Conclusion

The successful validation of the Multi-Influence Ground Mine marks a significant stride in India’s journey towards self-reliance in defence technology. With its induction, the Indian Navy’s undersea warfare capabilities are set to become more robust and future-ready.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

I-T Department Targets Settlement of ₹10 Lakh Crore Disputes in FY26: Focus Shifts to First-Appeal Forum

The Income Tax (I-T) department has set an unprecedented target for the financial year 2025–26: to settle over 200,000 cases at the Commissioner of Income Tax (Appeals) [CIT(A)] stage. The disputed amount involved stands at a staggering ₹10 lakh crore. This aggressive push represents a substantial increase from FY25, when 1,72,361 cases were resolved involving ₹6.3 lakh crore.

Financial Implications for the Exchequer and Businesses

According to recent trends, about a third of the disputed amount becomes immediately realisable following settlements. If the FY26 target is achieved, it could result in a significant boost to tax revenues. At the same time, businesses could benefit from improved liquidity as several tax demands especially those deemed unrecoverable, are often withdrawn during the appeal process. This would free up funds otherwise locked in litigation, allowing enterprises to meet working capital needs or even fund capital expenditure.

Mounting Tax Arrears Necessitate Urgent Action

As of April 1, 2025, the total outstanding income tax arrears stood at ₹48.18 lakh crore across 22.9 million demand entries. This rising backlog has prompted the Central Board of Direct Taxes (CBDT) to make a strategic shift in its Central Action Plan for 2025–26. The board has now set a target of reducing disputed demand by ₹8.25 lakh crore while aiming for a net collectable demand of just over ₹5 lakh crore.

Record-High Appeal Disposals in FY25

FY25 marked a milestone in dispute resolution with a 55% year-on-year increase in the disposal of appeals. Of the appeals disposed of at the CIT(A) level, demands worth ₹1.95 lakh crore were fully confirmed in favour of the revenue department, and another ₹2.25 lakh crore were partially upheld. This performance has laid the groundwork for an even more ambitious year ahead.

Read More: ITR-1 and ITR-4 Forms Updated for AY 2025–26: Easier Tax Filing for Small Investors and Salaried Individuals.

Prioritising Recovery and Managing Old Demands

To improve recovery rates, the CBDT has instructed assessing officers to maximise efforts in collecting demands confirmed by the CIT(A). Notably, the probability of demand reduction increases with the age of the case. Older demands especially those over five years have a higher chance of being resolved through appeals, rectifications, or insolvency proceedings. On the other hand, newer demands are considered more likely to result in actual collections.

Relief Measures for Small Taxpayers

Among the pending appeals, those involving disputed amounts of up to ₹1,00,000 have been singled out. This category reportedly comprises a significant proportion of the total appeal volume. By prioritising resolution in these cases, the department aims to offer relief to a large number of small taxpayers, potentially reducing their litigation burden.

Conclusion

In an effort to strengthen tax compliance and achieve the direct tax collection target of ₹25.2 lakh crore set for FY26—a 13.2% increase over the previous year the CBDT has mandated close scrutiny of sector-wise tax performance. Officers have been instructed to investigate negative payment trends, evaluate the growth trajectory of advance tax in various sectors, and monitor large advance tax payers. Additionally, identifying and addressing claims involving incorrect exemptions and deductions remains a key area of focus.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Life Insurance Ownership at All-Time High in Urban India: Axis Max Life IPQ Survey Reveals Evolving Financial Priorities

Urban India has witnessed a significant increase in life insurance ownership, which has now reached an all-time high of 78%, according to the India Protection Quotient (IPQ) 7.0 survey by Axis Max Life Insurance in partnership with Kantar.

This milestone indicates a growing shift in the mindset of Indian consumers towards prioritising financial security over traditional motivations such as tax savings.

India Protection Quotient Climbs to 48 in FY25

The India Protection Quotient has reached a new high of 48, signalling improved awareness, ownership, and security when it comes to financial protection. The survey highlights how Indians are increasingly recognising the essential role of life insurance in long-term financial planning. Notably, the knowledge index, which measures awareness around financial protection, has also increased to 63 from 61 in the previous year.

Shift in Mindset: Coverage Trumps Cost

A notable finding in this edition of the IPQ is that for the first time in seven years, “coverage” has overtaken “premium” as the primary factor influencing term insurance purchases. This change underlines a broader understanding of life insurance as an essential financial tool rather than a checkbox for tax planning. Three in four urban respondents now prioritise sufficient coverage over cost, reflecting a more informed and mature consumer base.

Persistent Gender Gap in Financial Protection

Despite the overall progress, the survey reveals a concerning stagnation in the protection quotient for working women, which remains at 48, compared to a rise from 47 to 50 for working men. Women also reported heightened concerns about inflation, healthcare costs, and the loss of a primary income earner. These figures point towards the need for more gender-inclusive approaches in product design, financial education, and distribution channels.

Term Insurance Ownership Rises, Yet Affordability Remains a Barrier

Awareness of term insurance has grown from 70% to 74%, and ownership has inched up from 31% to 34%. However, affordability continues to be a barrier, with 25% of respondents citing cost as the main reason for not purchasing a term plan — a rise from 21% in the previous edition. Despite this, the trend towards digital adoption is promising, with 22% of respondents now buying term insurance online, up from 18%.

Read More: Understanding the Gap: Why 40% of Non-Life Policyholders Struggle with Life Insurance.

Digital Platforms Drive Adoption Among the Youth and Salaried Classes

Digital channels are playing an increasingly important role in expanding access to life insurance, especially among younger consumers and salaried professionals. The convenience, transparency, and ease of online transactions are contributing to broader adoption, positioning digital as a potential equaliser in financial protection.

GenZ Adopts a Disciplined Financial Approach

The survey also shed light on GenZ’s evolving financial behaviour. With a protection quotient of 41 and two-thirds already owning life insurance, this cohort is proving to be financially conscious. Their goals — such as buying a house, car, or planning vacations — are marked by a more structured approach to personal finance, reflecting a shift towards long-term planning.

Salaried Segment Leads, But Self-Employed Face Budgetary Constraints

Salaried individuals continue to lead with a protection quotient of 52, showing strong uptake in life insurance. The self-employed segment, while showing increased adoption and confidence, is grappling with reduced ability to save due to pressure on household budgets, highlighting the uneven nature of financial preparedness across employment types.

Conclusion

Regionally, South India continues to set the benchmark for life insurance penetration, with notable gains in both term and savings-linked insurance products. West India followed closely, recording a peak term insurance ownership of 41%. In contrast, East India, though improving in awareness, still lags behind in actual ownership. Encouragingly, Tier-2 cities have seen life insurance ownership rise from 62% to 66%, narrowing the gap with metropolitan areas, where the protection quotient has reached a robust 86.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Patel Engineering Share Price Surges on Securing Kondhane Dam Project from CIDCO

In a strategic move that strengthens its portfolio in civil infrastructure, Patel Engineering Limited (PEL) has secured a major urban development project from the City and Industrial Development Corporation of Maharashtra Limited (CIDCO). The ₹1,318.89 crore contract entails the construction of the Kondhane Dam and associated works, reinforcing the company’s leadership in the dam and hydropower segments.

Massive Project Scope and Technological Advancement

The Kondhane Dam project is situated in the Raigad district of Maharashtra and is slated for completion within 42 months. The project encompasses a 1,209-metre-long and 83-metre-high dam built using Roller Compacted Concrete (RCC) technology. 

The scope includes civil construction, hydro-mechanical components, and electrical systems, such as three radial gates and manual and electrical control systems. This undertaking demonstrates PEL’s adeptness in deploying advanced construction techniques in large-scale infrastructure.

Corporate Perspective and Strategic Importance

Kavita Shirvaikar, Managing Director of Patel Engineering, emphasised the strategic value of the project, calling it a strong beginning for FY26. She underscored the company’s commitment to maintaining quality and efficiency while contributing to national infrastructure development. 

 

With a legacy dating back to 1949, PEL has completed over 85 dams, 40 hydroelectric projects, and more than 300 km of tunnels, largely for public sector clients. This new venture further consolidates its standing in the infrastructure space.

 

Read More: Patel Engineering Shares Surge on Securing Major Projects in Arunachal Pradesh and Maharashtra.

Patel Engineering Share Performance 

As of May 06, 2025, at 10:30 AM, Patel Engineering share price is trading at ₹43.27 per share, reflecting a surge of 0.63% from the previous closing price. Over the past month, the stock has surged by 13.04%.

Conclusion

The Kondhane Dam project marks yet another milestone for Patel Engineering in its pursuit of engineering excellence and national development. With this win, the company reinforces its role as a trusted partner for complex infrastructure projects and signals its readiness to take on future challenges in India’s evolving construction landscape.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Evera Cabs to Onboard 500 BluSmart EVs to Expand Delhi Airport Routes

Evera Cabs, an electric taxi company operated by Prakriti Mobility, is taking over 500 electric cars that were earlier used by BluSmart. These vehicles are being repossessed and leased through BluSmart’s lenders. So far, 220 cars have already joined Evera’s fleet, and the remaining 280 will be added soon. The company also aims to take on 1,000 BluSmart vehicles in total.

Focus on Delhi Airport Services

Evera wants to become a top electric cab provider, especially for airport travel. It already runs services from Terminal 3 of Delhi Airport and now plans to expand to all terminals. This step will help improve the availability of cabs and reduce wait times for passengers.

Absorbing BluSmart Drivers

After BluSmart stopped its services, many drivers were left jobless. Evera is now hiring these drivers, and around 150 have already started working. About 10% of the new hires are women, showing the company’s efforts to include more female drivers.

Strategic Move to Lead EV Mobility

Evera’s CEO, Nimish Trivedi, said this move is not just about expanding but also about reshaping electric mobility in India. The company wants to build a stronger, cleaner and more reliable transportation system, ensuring smooth service and a better commuter experience.

BluSmart had to shut down its services in Delhi, Mumbai and Bengaluru after SEBI banned its promoters due to financial irregularities. This sudden closure affected many drivers and raised concerns about unpaid wages. Evera’s entry is helping fill this gap.

Read More: Is BluSmart Negotiating A Rescue Deal to Restart EV Cab Operations in May 2025?

Share Performance 

As of May 06, 2025, at 12:15 PM, Gensol Engineering Limited share price is trading at ₹66.25 per share, reflecting a decline of 5.00% from the previous day’s closing price. Over the past month, the stock has declined by 57.19%. The stock’s 52-week high stands at ₹1,124.90 per share, while its low is ₹66.25 per share.

Conclusion

Evera is stepping up to ensure smooth, eco-friendly travel while becoming a key player in India’s electric cab space.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SEBI Strengthens Governance Norms for Market Infrastructure Institutions

In a move to enhance the governance standards and maintain transparency within market infrastructure institutions, the Securities and Exchange Board of India (SEBI) has announced a crucial update. The regulator has introduced a mandatory cooling-off period for non-independent directors and public interest directors before they can be appointed to competing institutions such as stock exchanges, clearing corporations, or depositories. This decision follows SEBI’s review in March regarding the appointment norms of key officials in these entities.

Revised Norms for Non-Independent Directors

As per two separate notifications issued by SEBI on April 30, amendments have been made to the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, also known as SECC Regulations, along with the Depositories and Participants Regulations, 2018. According to these updates, a non-independent director currently serving on the board of a recognised market infrastructure institution will now require a mandatory cooling-off period, along with prior SEBI approval, before they can be appointed to a competing institution.

SEBI stated, “Non-independent director on the governing board of a recognised stock exchange or a recognised clearing corporation may be appointed in another recognised stock exchange or a recognised clearing corporation or a depository with the prior approval of the Board, only after a cooling-off period as may be specified by the governing board of such recognised stock exchange or recognised clearing corporation.”

These regulatory modifications are designed to prevent potential conflicts of interest and ensure ethical transitions of key individuals within the financial ecosystem.

Clarity on Public Interest Director Appointments

In addition to non-independent directors, the regulatory framework now addresses the reappointment of public interest directors. SEBI clarified that a public interest director, after completing their term at an MII, may be appointed for a further term of three years in another stock exchange, clearing corporation, or depository, subject to the prior approval of SEBI.

However, the regulator emphasised that the cooling-off period would apply specifically in cases where the individual is being appointed as a public interest director in a competing market infrastructure institution. This provision serves to strengthen the impartiality and effectiveness of governance in the financial markets.

Read More: SEBI Introduces Standardised Audit Report Format for Market Infrastructure Institutions

Conclusion

These regulatory updates by SEBI mark a significant stride towards enhancing the governance framework of Market Infrastructure Institutions. By instituting a formal cooling-off period and mandating prior approval for critical appointments, SEBI aims to reinforce market integrity and prevent undue influence within key market institutions. The move underscores SEBI’s continued commitment to safeguarding the robustness and transparency of India’s capital markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Goldiam International Secures Major Orders for Lab-Grown Diamond Jewellery

Goldiam International Limited, a leading name in the jewellery export industry, has announced the receipt of export orders amounting to ₹80 crore. These orders are designated for the manufacturing and export of lab-grown diamond-studded gold jewellery, specifically for international clients. This move signifies a strong market demand and adds to the company’s expanding global footprint.

Order Details and Strategic Impact

The new export orders were received from international clients and are independent of the company’s online sales. The contracts entail manufacturing high-quality lab-grown diamond jewellery and are scheduled to be executed on or before 8 July 2025. Valued at ₹80 crore, these orders are expected to reinforce Goldiam’s operational strength and contribute to its short-term revenue growth.

These contracts do not involve any related party transactions, and there is no promoter or group company interest, maintaining full compliance with SEBI (LODR) Regulations, 2015. The company has clearly outlined that these are arm’s-length commercial transactions, adding further transparency to its operations.

Implications for Goldiam’s Global Positioning

Securing such a significant volume of export business reflects Goldiam’s growing appeal in the international lab-grown diamond market. As ethical and sustainable jewellery gains traction globally, the company’s focus on lab-grown products aligns with evolving consumer values. These developments are not only expected to enhance financial performance but also strengthen brand recognition in key export destinations.

 

Read More:  Best Gold Stocks in May 2025: Titan, Sky Gold, Goldiam, KDDL and Thangamayil

Goldiam International Share Performance 

As of May 06, 2025, at 12:00 PM, Goldiam International share price is trading at ₹369.40 per share, reflecting a decline of 2.12% from the previous closing price. Over the past month, the stock has surged by 28.31%.

Conclusion

The receipt of ₹80 crore in export orders affirms Goldiam’s capabilities in delivering premium lab-grown diamond jewellery to global clients. This milestone highlights a positive trajectory for the company as it continues to expand its market reach and uphold operational excellence.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

BMW Industries Secures Major Work Order from Tata Steel Worth ₹1,764 Crore

BMW Industries Limited, a prominent player in the steel processing and infrastructure segment, has officially announced a substantial development that aligns with its growth trajectory. In a disclosure submitted to both BSE Limited and the Calcutta Stock Exchange, the company revealed the receipt of a new work order from Tata Steel Limited. This engagement pertains to the processing and conversion of coils at BMW’s Jamshedpur works and is expected to bolster the company’s revenue over the course of its duration.

Strategic Partnership with Tata Steel

As per the official communication dated 5 May 2025, BMW Industries has been entrusted with a contract by Tata Steel Limited for the “Processing and Conversion of Coils.” The agreement is effective until 31 March 2029, covering operations at BMW’s Jamshedpur facility.

 

The total value of the contract is approximately ₹1,764 crores (Rupees One Thousand Seven Hundred Sixty-Four Crores). This substantial engagement underscores Tata Steel’s continued trust in BMW Industries’ capabilities and reinforces their ongoing industrial collaboration.

Implications for Business and Financial Outlook

The company has clarified that this work order falls within the ordinary course of its business activities. However, the sheer scale and duration of the contract are anticipated to contribute significantly to BMW Industries’ revenue throughout the contract period. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the disclosure reflects the company’s commitment to transparency and timely communication with its stakeholders.

 

Read More: BMW Industries Shares to Remain in Focus After PLI Scheme MoU Signing.

BMW Industries Share Performance 

As of May 06, 2025, at 11:00 AM, BMW Industries share price is trading at ₹53.20 per share, reflecting a decline of 1.34% from the previous closing price. Over the past month, the stock has surged by 13.04%.

Conclusion

The work order received from Tata Steel marks a significant business milestone for BMW Industries Limited. It reflects the company’s operational strength and its role in India’s industrial value chain. As the contract unfolds, it is poised to provide consistent revenue and reaffirm the company’s standing in the steel processing sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

India Proposes Zero Tariffs on US Steel and Auto Parts in Trade Discussions

India has proposed a zero-tariff arrangement on select imports from the United States, including steel, auto components, and pharmaceuticals. The offer is part of ongoing trade discussions between the two countries and was made during a visit by Indian trade officials to Washington in late April, according to a Bloomberg report.

Tariff Limits and Conditions

The proposal is structured around import quotas. Zero tariffs would apply only up to a specified volume. Once the threshold is crossed, India’s regular import duties would be reinstated. The zero-for-zero approach is based on reciprocity, with both sides expected to apply similar terms.

Timeline and Context

This follows the April 2 announcement by former US President Donald Trump of new tariffs – up to 26% on Indian exports. On April 9, Trump paused these tariffs for 90 days to allow time for trade negotiations. India’s offer is aimed at making progress within that window. A deal is being targeted before the July 9 deadline, though no official confirmation has been made.

Issues Around Quality Control Orders

The US has raised concerns about India’s Quality Control Orders (QCOs), which apply to both domestic and imported goods. These standards have increased significantly from 14 in 2014 to over 140 since 2017. The US considers them restrictive. Indian authorities have indicated they are open to reviewing some of these, especially in medical devices and chemicals. A mutual recognition agreement between regulatory systems has also been discussed.

Status of Trade Agreements

Despite ongoing discussions, no country has finalised a trade agreement with the US since the reciprocal tariffs were paused. US officials have continued talks with countries including Japan, South Korea, and those in Europe.

Read more: Nearly 30% of Indian Exports to US to Attract Tariffs Above 15%.

Conclusion

India’s proposal is part of efforts to secure limited tariff relief and push forward a bilateral trade agreement. Talks are still underway, and the outcome remains uncertain with the July deadline approaching.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.