Tariff headwinds and trade in transition: Amid turmoil, India demonstrates notable resilience in 2025
A defining feature of 2025 was India’s renewed emphasis on Free Trade Agreements as strategic resilience tools. (AI image) By Agneshwar SenThe year 2025 marked a decisive turning point in global trade. Slower growth in major economies, sudden tariff escalations and growing concentration of critical supply chains made international commerce more fragmented and unpredictable. Yet,…
Ineligible ITC refunds? Infosys issued Rs 415 crore showcause notice by DGGI; what the matter is about
DGGI startd their investigation based on confidential information suggesting Infosys had sought improper ITC refunds. Infosys, India’s second-largest IT services exporter, has been issued a showcause notice over alleged ineligible refunds. The GST Intelligence wing (DGGI) has reportedly served Infosys with a notice questioning their claim of input tax credit (ITC) refunds amounting to Rs…