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US tariffs to impact Indian exports in short term; Govt fast-tracking expo
Updated : 6 months, 3 weeks ago IST
The Commerce Ministry on Thursday said the recent imposition of 50 per cent tariffs by the United States will have a short-term impact on India's exports, particularly in sectors such as textiles, chemicals, and machinery. However, it asserted that the long-term effect on overall trade an
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Reduction in GST rates have higher multiple effect on economy, than cut in
Updated : 6 months, 3 weeks ago IST
A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital.
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"Impose same amount of tariff on America, then they will understand": AAP
Updated : 6 months, 3 weeks ago IST
Aam Aadmi Party (AAP) Delhi President Saurabh Bhardwaj on Thursday criticised US President Donald Trump's decision to impose a 50% tariff on Indian goods.
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"Nuakhai is reminder of our deep gratitude to farmers": PM Modi extends Nu
Updated : 6 months, 3 weeks ago IST
PM Modi shared a post on X, saying, "Wishing everyone a joyous Nuakhai. This cherished festival is a reminder of our deep gratitude to the farmers whose hard work sustains us all. May there be good health, prosperity and happiness in every home. Nuakhai Juhar!"
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"We should impose 100% tariff on America": AAP chief Arvind Kejriwal
Updated : 6 months, 3 weeks ago IST
Aam Aadmi Party convenor Arvind Kejriwal on Thursday suggested that India should impose a 100% tariff on American goods in response to the US's 50% tariff on Indian goods.
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GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 6 months, 3 weeks ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
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"It is a serious setback but not exactly a disaster": Ex-diplomat Mahesh S
Updated : 6 months, 3 weeks ago IST
Former senior diplomat Mahesh Sachdev said US tariffs on Indian goods are a "serious setback but not exactly a disaster," warning textiles, gems, jewellery, and seafood exports will be hit hardest, while leather and footwear face limited impact.
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"Trump's tariffs an exercise in power but will weaken America": Former MoS
Updated : 6 months, 3 weeks ago IST
Former MoS MJ Akbar criticized the US 50% tariff on India, questioning why Germany and China face no similar measures. He said the tariffs will minimally affect India's trade, weaken the US, and noted India-China ties have strengthened, shifting global focus from Washington to the SCO summit
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"Indian intransigence" about opening its markets to American products, say
Updated : 6 months, 3 weeks ago IST
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US National Economic Council Director Kevin Hassett noted India's "intransigence" to open its markets to American products while describing the current India-US relationship as a "complicat
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MP CM Mohan Yadav reiterates commitment to provide 27 % OBC reservation, c
Updated : 6 months, 3 weeks ago IST
"Through our government, our party's clear line is that we want to give 27 percent reservation to OBCs. We have openly said that we are prepared for this. Congress leaders are also saying they also wanted the same, so let us sit together. We are ready to call an all-party meeting. Both sides
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PM Modi extends Samvatsari greetings
Updated : 6 months, 3 weeks ago IST
"Samvatsari is a reminder of the beauty of forgiving and the power of compassion. It inspires people to nurture bonds with sincerity. As we mark this sacred occasion, may our hearts be filled with humility and our actions reflect kindness as well as goodwill. Michhami Dukkadam!" the Prime Mi
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"At the end of the day, we will come together": US Treasury Secy on trade
Updated : 6 months, 3 weeks ago IST
Following Washington's 50 per cent tariffs on Indian goods coming into effect earlier on Wednesday, US Treasury Secretary Scott Bessent expressed optimism about resolving trade tensions with India, stating, "at the end of the day, we (India and the US) will come together."
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