Following the assumption of office by former US President Donald Trump, a 50 per cent tariff was imposed on Indian exports, pushing several sectors of Indian industry into severe stress.
On January 4, US President Donald Trump warned that Washington could raise tariffs on Indian imports if New Delhi does not stop purchasing Russian crude. The warning comes even as Indian exports to the US are already subject to a 50 per cent import tariff, half of which is directly linked to
According to a report from the Bank of Baroda, this transition follows a period of rapid frontloading of shipments earlier in 2025 as businesses sought to secure cost advantages before new trade barriers took effect.
India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), showing a significant rise in trade between the two nations.
New Delhi [India], December 24: In a landmark moment for India's toy industry, the Toy Association of India (TAI) has, for the first time, led a delegation of 20+ Indian toy and allied manufacturing companies to the prestigious TradeChina Fair, marking a powerful entry into one of the world'
The India-New Zealand Free Trade Agreement (FTA) is expected to deliver a significant boost to India's exports, with New Zealand offering zero-duty market access on 100 per cent of its tariff lines covering all Indian exports from the date of entry into force.
India is set to secure wide-ranging economic and strategic gains following the conclusion of negotiations on the India-New Zealand Free Trade Agreement, with the pact promising zero-duty market access, enhanced services trade, student and professional mobility, and deeper cooperation acro
India and Russia are actively working "to promote mutual trade" using their national currencies, Foreign Secretary Vikram Misri said, highlighting efforts to address trade imbalances and strengthen economic ties.
President Putin is travelling with a large group of business persons, as per government sources. India expects to improve the trade deficit with Russia.
Former Foreign Secretary and Rajya Sabha MP Harsh Vardhan Shringla on Thursday said the upcoming visit of Russian President Vladimir Putin for the 23rd India-Russia Annual Summit will mark a significant expansion of bilateral ties between the two nations, as discussions are expected to be
With an ecosystem of growth and entrepreneurial prowess, Morbi cluster is playing a pivotal role in Gujarat's journey towards Viksit Bharat@2047, while meeting rising global demand, according to the statement.
Indian exports to the United States have plunged sharply by 37.5 per cent following Washington's decision to impose 50 percent tariffs on most Indian goods, according to a report by the Global Trade Research Initiative (GTRI).