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Officials from Commerce, Industry, and Finance ministries, along with shipping and industry stakeholders, are to meet on Friday to discuss critical tax issues in the maritime sector. This comes as exporters face high freight rates amid the West Asia conflict, impacting India's exports which saw a significant decline recently.
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The hurricane last month led to flooding at Baxters North Cove plant, in Marion, N.C., forcing the company to temporarily shut down the facility. That plant was the largest manufacturer of intravenous and peritoneal dialysis solutions in the U.S.
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Reeves is planning to change borrowing rules to free up billions more in spending for big projects in the upcoming Budget.
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