Hours into the implementation of the Trump 2.0 administration’s additional 25 per cent levy on imports from India into the US, Indian government sources said that communication channels remain open between both sides to resolve the ongoing tariff dispute between them. With effect from 9:31 am India time, the total tariff on Indian exports into…
As the United States imposes a steep 50 per cent tariff on Indian goods, the Indian government is rethinking its trade and economic strategy—shifting focus to long-term reforms aimed at strengthening manufacturing, improving ease of doing business, and boosting export competitiveness. While talks around a bilateral trade agreement with the US remain uncertain, New Delhi…
Prime Minister Narendra Modi, in his address to the nation on India’s 79th Independence Day, delivered a message that was both urgent and forward-looking. Against the backdrop of growing trade tensions with the United States, he called for sweeping reforms and a renewed focus on self-reliance. “Dependence on other countries is a recipe for disaster,”…
US President Donald Trump on Tuesday said he plans to raise tariffs on India within the next 24 hours, days after announcing a 25 per cent duty starting August 7. In an interview with foreign media, Trump said the previously decided 25 per cent tariff rate will be revised upwards. “India has the highest tariffs. We do…
India-US Trade Deal: India and the US are not likely to seal their pact within the August 1 deadline, with talks that have been going on to go beyond the stipulated time frame, sources said, reiterating that India is unwavering in safeguarding its national interests without compromise. As per official sources, though negotiations are ongoing,…
Market outlook: After witnessing a round of profit-booking last week – which saw broader indices trading higher – market participants will closely monitor cues of earnings recovery from the upcoming first quarter results starting next week, analysts said on Sunday. Additionally, focus will also be on the outcome of the interim India-US trade deal before the…