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Britain is set to protect its steel sector. The government will reduce the tariff-free steel import quota by 60 percent. Imports above this new limit will face a 50 percent tariff. This move aims to boost domestic steel production to 50 percent. The government will also provide 2.5 billion pounds for investment. These changes will take effect from July 1.

Maharashtra Chief Minister Devendra Fadnavis interacted with a UK Parliamentary delegation in Mumbai at the Mantralaya and held discussions focusing on strengthening bilateral partnership prospects under the India-UK Comprehensive Economic and Trade Agreement (CETA) and deepening collaboration across key sectors, including pharma, electronics, technology and higher education.