Finance Minister Nirmala Sitharaman reassures exporters, extends full support amid US tariff shock

Finance Minister Nirmala Sitharaman reassures exporters, extends full support amid US tariff shock

A delegation from the Federation of Indian Export Organisations (FIEO), led by President S C Ralhan and including Vice President Ravikant Kapur, Director General & CEO Ajay Sahai, Director Israr Ahmed of Farida Group, and Pankaj Chadha, Chairman of EEPC, met Finance Minister Nirmala Sitharaman on Thursday. The delegation briefed the finance minister on the…

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‘Unfortunate Move’: FICCI voices disappointment over 25% tariff, secondary sanctions by US

‘Unfortunate Move’: FICCI voices disappointment over 25% tariff, secondary sanctions by US

The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed disappointment over US President Donald Trump’s decision to impose a 25 per cent tariff along with secondary sanctions on exports from India, effective August 1. Reacting to the announcement, Harsha Vardhan Agarwal, President, FICCI, said, “FICCI is disappointed by the decision taken by the…

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