According to the US Trade Representative’s findings, Sri Lanka’s high tariff rates – among the world’s highest by certain metrics – along with unpredictable customs procedures and non-transparent policy shifts, have contributed to strained trade relations.
The centre has sounded an alarm over the likely impact of El Niño on India's 2026 southwest monsoon, warning that 315 districts across 12 states could face significant rainfall deficits during the crucial kharif cropping season.