3rd MAY 2025 ENGLISH TNPSC CURRENT AFFAIRS PDF TNPSC SHOUTERS
Central government bans import of all goods manufactured in or exported from Pakistan
- The Directorate General of Foreign Trade (DGFT) of the Ministry of Commerce and Industry has issued a notification prohibiting import into India of all goods manufactured in or exported from Pakistan.
- The measure prohibits import of goods from Pakistan, whether directly or through any other trade route.
- The order issued vide Notification No. 06/2025-26 dated May 2, 2025, has come into force with immediate effect. A new section, paragraph 2.20A, has been added to the Foreign Trade Policy (FTP 2023).
- After becoming the US President, Trump has imposed retaliatory tariffs on various countries. As a result, the Indian economy will also be affected, S&P Ratings has said. In a report released by the company, China's economic growth in the Asia Pacific region is expected to decline by 0.7 percent this year to 3.5 percent.
- It will be 3 percent next year. It has been said that India's economic growth will be 6.3 percent in the current fiscal year 2025-26. It is noteworthy that the company had earlier predicted that India's economic growth would be 6.5 percent.
