Bihar polls: Lalu Prasad's elder son Tej Pratap booked for MCC 'violation'
Hajipur (PTI): RJD supremo Lalu Prasad's elder son and Janshakti Janta Dal chief Tej Pratap Yadav has been booked for allegedly violating the model code of conduct (MCC) during the filing of his nomination papers from the Mahua assembly seat in Bihar’s Vaishali district, police said.
According to a statement issued by the district police on Sunday, the Circle Officer of Mahua lodged a complaint with the police station concerned after a video, which went viral on social media, showed Yadav using a SUV, bearing a police logo and a beacon light, during a procession for submitting his documents on October 16.
"It was thoroughly examined and found that the police logo and beacon light used on the vehicle were a private one. Therefore, a case was registered for violation of the election code of conduct," it said.
Yadav floated the party after being expelled from the RJD on May 25 by his father for six years, as he reportedly confessed to being ‘in a relationship‘ with a woman.
He, however, deleted the Facebook post later with a claim that his page was ‘hacked’. Lalu Prasad also disowned Tej Pratap due to his "irresponsible behaviour".
A few days later, after his expulsion from the RJD, Tej Pratap Yadav had alleged that there was a "conspiracy" to drive a wedge between him and his younger brother Tejashwi Yadav.
He had voiced his sentiments in a couple of posts on his X handle, blaming the crisis on ‘Jaichand’, a metaphor for traitors.
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India proposes preferential trade agreement with Mexico to deal with high tariffs
New Delhi (PTI): India has proposed a preferential trade agreement (PTA) with Mexico to help domestic exporters deal with the steep tariffs announced by the South American country, a top government official said on Monday.
Mexico has decided to impose steep import tariffs - ranging from about 5 per cent to as high as 50 per cent on a wide range of goods (about 1,463 tariff lines) from countries that do not have free trade agreements with Mexico, including India, China, South Korea, Thailand and Indonesia.
Commerce Secretary Rajesh Agrawal said that India has engaged with the country on the issue.
"Technical level talks are on...The only fast way forward is to try to get a preferential trade agreement (PTA) because an FTA (free trade agreement) will take a lot of time. So we are trying to see what can be a good way forward," he told reporters here.
While in an FTA two trading partners either significantly reduce or eliminate import duties on maximum number of goods traded between them, in a PTA, duties are cut or removed on a limited number of products.
Trading partners of Mexico cannot file a compliant against the decision on imposing high tariffs as they are WTO (World Trade Organisation) compatible.
The duties are within their bound rates, he said, adding that their primary target was not India.
"We have proposed a PTA because its a WTO-compatible way forward... we can do a PTA and try to get concessions that are required for Indian supply chains and similarly offer them concessions where they have export interests in India," Agrawal said.
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Citing support for local production and correction of trade imbalances, Mexico has approved an increase in MFN (most favoured nation) import tariffs (5-50 per cent) with effect from January 1, 2026 on 1,455 tariff lines (or product categories) within the WTO framework, targeting non-FTA partners.
Preliminary estimates suggest that this affects India's around USD 2 billion exports to Mexico particularly -- automobile, two-wheelers, auto parts, textiles, iron and steel, plastics, leather and footwear.
The measure is also aimed at curbing Chinese imports.
India-Mexico merchandise trade totalled USD 8.74 billion in 2024, with exports USD 5.73 billion, imports USD 3.01 billion, and a trade surplus of USD 2.72 billion.
The government has been continuously and comprehensively assessing Mexico's tariff revisions since the issue emerged, engaging stakeholders, safeguarding the interests of Indian exporters, and pursuing constructive dialogue to ensure a stable trade environment benefiting businesses and consumers in both countries.
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Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai has said that Mexico's decision is a matter of concern, particularly for sectors like automobiles and auto components, machinery, electrical and electronics, organic chemicals, pharmaceuticals, textiles, and plastics.
"Such steep duties will erode our competitiveness and risk, disrupting supply chains that have taken years to develop," Sahai said, adding that this development also underlines the little urgency for India and Mexico to fast-track a comprehensive trade agreement.
Domestic auto component manufacturers will face enhanced cost pressures with Mexico hiking duties on Indian imports, according to industry body ACMA.
