India will review and assess the impact of reciprocal tariffs, said Union Minister of State for Finance Pankaj Chaudhary on Thursday, reacting to the 27 per cent tariffs on Indian export to the US.
India is not so badly impacted by the imposition of tariffs by the US, which was announced by President Donald Trump on April 2, said ASSOCHAM president Sanjay Nayar.
"It will definitely have implications for our exports. I think it is incumbent on the Finance Minister to make an analysis and uprise the House and the nation on what these implications will be and how they will affect our economic growth," the Congress MP told ANI.
As the US President, Donald Trump, mandates a 27 per cent tariff on Indian goods to his country, the economists and economy watchers have opined that exporters will face relatively less trouble, as amongst major EMs in Asia, tariffs on India is the lowest, barring the Philippines.
Congress MP Gaurav Gogoi on Thursday moved an adjournment motion in the Lok Sabha, seeking an immediate discussion on the United States' decision to impose retaliatory tariffs on Indian exports. The move follows US President Donald Trump's announcement of a 26% reciprocal tariff on Indian go
According to new U.S trade policy announced by President Donald Trump on Wednesday, how much a country pays in tariffs will depend on the type of goods being exported and their origin, says GTRI founder Ajay Srivastava.
Indian textiles, engineering goods, electronics, and gems & jewellery sector exporters are expected to hit hardest by the tariffs announced by Donald Trump, said Ajay Bagga, a banking and international stocks expert, in an exclusive conversation with ANI.
Mumbai (Maharashtra) [India], April 2: RSWM Limited, the flagship company of LNJ Bhilwara Group, has been recognized for its outstanding export performance by the Manmade and Technical Textiles Export Promotion Council (MATEXIL), at an industry leading event, the MATEXIL Export Awards 2023-2
New Delhi [India], April 2: The IIT Alumni Council acts as a knowledge centre and enabler to identify and deploy frontier technologies. Cost-effective access to these shortlisted technologies is critical for India to achieve stated goals for socio- economic progress, import substitution, env
Prime Minister Narendra Modi on Tuesday referred to India's record defence exports in the financial year (FY) 2024-25 as "a proud milestone" in the journey towards the country's self-reliance.