Ravi Mishra

5 days ago | indianexpress.com | Ravi Mishra

Negotiators from the US and China are set to begin talks on Saturday in Geneva, potentially paving the way for a trade deal, after the US President stated that “80 per cent tariffs on China seem right” amid early signs of easing trade tensions between the world’s two largest economies. This comes as trade tensions between the two countries had started benefiting India, as US buyers began turning to Indian suppliers following the imposition of 145 per cent tariffs by the US on Chinese goods.

5 days ago | nbcnews.com | Mithil Aggarwal |Abigail Williams |Dan De Luce |Ravi Mishra

With suspended cricket matches, power outages and air raid sirens, fears are swelling of an all-out war between India and Pakistan amid questions over how much of a mediating role the United States will be able to play. The nuclear-armed neighbors engaged in their worst fighting in decades on Wednesday, when India launched an assault on Pakistan in response to a deadly terrorist attack for which New Delhi blames Islamabad.

6 days ago | indianexpress.com | Ravi Mishra

India reserves the right to retaliate against the UK if it introduces a carbon tax as United Kingdom may have not agreed to India’s request for a country-specific concession or a carve-out for Indian micro, small, and medium enterprises (MSMEs) under the trade deal announced earlier this week as government officials stated on Thursday.

1 week ago | illinoispolicy.org | Ravi Mishra

Illinois has the third-highest corporate income taxes in the nation. These are some of the most harmful taxes to economic growth, particularly in times of economic hardship. Illinois imposes the nation’s third-highest corporate income tax rate, which hurts economic growth and is contributing to Illinois seeing one of the pandemic recoveries. Illinois’ effective corporate income tax rate is 9.5%. It includes a 7% base tax and a 2.5% property replacement tax.

1 week ago | indianexpress.com | Ravi Mishra

India and the UK appeared close to signing a trade deal on several occasions—first under former UK Prime Minister Boris Johnson, who had set a Diwali 2022 deadline, and later under Indian-origin British Prime Minister Rishi Sunak—but the agreement was ultimately concluded against the backdrop of tariff pressures from US President Donald Trump.