The central government is expected to face a revenue shortfall of Rs 10,664 crore in Integrated Goods and Services Tax (IGST) receipts due to the recent GST rate rationalization, according to an analysis report by the Global Trade Research Initiative (GTRI).
The Global Trade Research Initiative (GTRI), a trade-focused think tank, has suggested a 10-point plan to the central government, which it believes, if implemented, can shield India from the impact of US tariffs.
The United States (US) will emerge as the biggest beneficiary of the complete waiver of customs duty and Agriculture Infrastructure and Development Cess (AIDC) on the import of raw cotton, which was announced by the Centre this month, said Global Trade Research Initiative (GTRI) in a latest
The exports of the labour intensive sectors in the country brace for a collapse of up to 70 per cent as US tariffs set to take effect, according to a report by the Global Trade Research Initiative (GTRI).
China's recent move to ease export restrictions on fertilizers, rare earths, and tunnel-boring machines to India is a welcome step, but self-reliance remains the only real safeguard for New Delhi against its widening trade deficit with Beijing, the Global Trade Research Initiative (GTRI) sai
The three-year safeguard duty on steel imports by Directorate General of Trade Remedies (DGTR) could cripple the auto, engineering, and construction sectors by pushing up input costs and squeezing downstream users, stated a report by the Global Trade Research Initiative (GTRI).
The recent move by the U.S. President to raise tariffs on Indian goods to 50 per cent, on top of the existing Most Favoured Nation (MFN) import duties, is set to hit several Indian export sectors hard, according to a report by the Global Trade Research Initiative (GTRI).
US President Donald Trump has been unfairly targeting India over Russian oil imports, while choosing not to criticize China, according to a recent report by the Global Trade Research Initiative (GTRI).
Indian exports to the US are projected to decline by nearly 30 per cent, from USD 86.5 billion in 2024-25 to about USD 60.6 billion in 2025-26, as the new 25 per cent reciprocal tariffs come into effect, according to Global Trade Research Initiative (GTRI).
With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Sr
The executive order signed by President Donald Trump on Thursday has imposed flat 25 per cent tariff on all goods from India, with no product-level exemptions, according to a report by the Global Trade Research Initiative (GTRI).
If US President Donald Trump imposes 20-25 per cent tariffs on India, as he threatened last evening, it will have a varied impact on different sectors, noted the founder of the Global Trade Research Initiative, Ajay Srivastava.