Indian exporters of seafood, honey, and dairy have dodged a significant trade hurdle as New Delhi successfully secured continued market access to the European Union under the bloc's stringent new health safety framework, as per a statement released by the Ministry of Commerce & Industry.
Central Board of Indirect Taxes and Customs (CBIC) Chairman Vivek Chaturvedi highlighted that the customs duty reforms introduced in the Union Budget 2026-27 are designed to catalyse domestic manufacturing, boost exports, and improve the ease of living for citizens.
"For the last six months, we've been going through a lot of turmoil since the tariffs were imposed. We were struggling because we didn't want to leave the buyers, and the buyers didn't want to leave the exporters. With yesterday's news, we reached a point of saturation on whether we could ta
"India's agricultural sensitivities have been fully protected" in the India-US trade deal, which will reduce American tariffs on Indian goods to 18%, a senior government official told ANI on Tuesday.
Highlighting the robust economic engagement, the Ambassador stated that bilateral trade grew by over 12 per cent year-on-year. In 2025, bilateral trade between China and India reached a record high of USD 155.6 billion, with India's exports to China growing 9.7 per cent, underscoring the sig
Arvind Virmani, Member, NITI Aayog, on Tuesday highlighted that the India-US trade deal is essential for "competitive integration," fostering exports and investment, rather than isolationism.
Rajesh B. Lund, President of the Chamber of Commerce, Coimbatore, said the industry has "warmly welcomed" the US tariff reductions announced under the new trade initiative. "This is a landmark achievement, and we wholeheartedly appreciate the leadership of Prime Minister Narendra Modi, whose
"Till the Prime Minister's visit to China for the SCO Summit, comments from people around President Trump were very critical. But after the optics of the PM's meetings with President Putin and President Xi, the tone changed. President Trump began posting that India and PM Modi are great frie
The reduction in the US import duties, along with forthcoming duty-free trade agreements with the United Kingdom and European countries, will drive remarkable growth in the Indian textile industry. As a result, employment opportunities in the textile sector will multiply significantly.
Mumbai (Maharashtra) [India], February 3: The Hon'ble Union Finance Minister, Smt Nirmala Sitharaman, announced the Union Budget for 2026-27 on Sunday, February 01.
He said the decision by the US administration to lower tariffs on Made in India goods reflects the strong leadership and effective diplomacy of Prime Minister Narendra Modi.
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g