Speaking to ANI, Rajasthan Woollen Industry Association President Kamal Kala called for the Central government's "immediate intervention" into the matter.
The remittances in the country rose to USD 33.2 billion in the first quarter of the current financial year, from USD 28.6 billion recorded last year during the same time period, according to a report by Crisil.
The Agricultural and Processed Food Products Export Development Authority (APEDA) launched its new initiative BHARATI on the sidelines of the "Food & Beverages Sector Stakeholders Meeting" chaired by Union Minister of Commerce and Industry Piyush Goyal, alongside H.E. Thani bin Ahmed Al Zeyo
Indian textile losses due to the US tariffs are expected to be partly offset by export growth to the United Kingdom, supported by the India-UK free trade agreement (FTA), according to a report by Care Edge Ratings.
The Director of Carpet Export Promotion Council (CEPC), Aslam Mahboob, highlighted the "severe" impact of the tariffs, saying that while the industry is valued at Rs 17,000 crore, more than half of the exports go to the US itself, which cannot be replaced by any other country.
With the Indian goods facing a steep 50 per cent tariffs in US imposed by his administration, President Donald Trump has claimed that business relationship between the two countries for many decades has been "totally one sided", "one-sided disaster" and also that "they have now offered to
India's automobile industry recorded strong growth in August 2025, as festive season buying and steady rural demand pushed sales across two-wheelers, tractors, and commercial vehicles. According to various company data, manufacturers reported gains that underline a recovery driven by both do
Despite global headwinds ranging from tariff volatility to geopolitical tensions, NSE's Macro Review report notes that India's GDP momentum could ease over in next few quarters as higher tariffs begin to weigh on exports. At the same time, a possible rationalisation of GST rates ahead of the
The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report.
India's shrimp export volumes are expected to decline by 15-18 per cent in the current fiscal year following a sharp hike in US tariffs, which will take the total import duty to 58.26 per cent, effective August 27, according to a report by Crisil Ratings.
Brazil's President Lula said his government will not immediately retaliate against US tariffs and seeks trade talks with President Trump. While the US imposes 50% taxes on Brazilian exports, Brazil is exploring legal measures but prioritizes negotiation, emphasizing it will not compromise it
Chairman Moolenaar's RTT framework aims to maintain China's reliance on U.S. hardware and software while restricting its capabilities in advanced AI, according to a statement from the SCCCP.