India-US tariff tussle: 'Time to take ahead transformative reforms'; FICCI president calls for strengthening industrial economy

FICCI president urges bold economic reforms as the US imposes a 25% import tariff on Indian goods, potentially raising the total burden to 50%. This move, penalizing India for Russian oil purchases, sparks industry concerns about competitiveness. Agarwal emphasizes leveraging India's potential through transformative reforms and infrastructure investments to achieve faster growth.