Days after positive discussions were held on various aspects of the trade deal during Assistant US Trade Representative Brendan Lynch’s visit to India, a delegation led by Commerce and Industries Minister Piyush Goyal is visiting the United States for meetings with the US side. The delegation will take forward the discussions to achieve an early…
India’s Chief Economic Adviser V Anantha Nageswaran has said that the US could withdraw the 25 per cent penal tariff on Indian goods after November 30, offering relief to exporters burdened with duties as high as 50 per cent. His remarks reported by ANI, signal cautious optimism of a resolution to the ongoing trade dispute….
Textile stocks today: Shares of textile companies surged on Tuesday as investors cheered signs that India and the United States may soon revive formal trade negotiations. The rally coincided with the arrival of Brendan Lynch, a senior trade negotiator with the Office of the U.S. Trade Representative (USTR), who is in India for a one-day visit…
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,”…