After losing growth traction at the end of 2025, Indian goods producers reported faster increases in new orders, output, employment and buying levels during January 2026, HSBC India Manufacturing PMI data showed Monday.
In response to the US tariffs on imports of Indian goods, Union Finance Minister Nirmala Sitharaman on Sunday proposed reducing the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent.
The conclusion of the India-European Union Free Trade Agreement (FTA) marked a significant boost for India's labour-intensive export sectors, with tariffs on most Indian goods entering the EU reduced or cut to zero.
Sachdev, in a conversation with ANI, said that after the agreement, the export of Indian goods and services to Europe is expected to go up to USD 250 to 270 billion.
From January 1, 2026, India faces a major setback in the EU market, as 87 per cent of its exports begin paying higher import tariffs following the EU's suspension of Generalised Scheme of Preferences (GSP) benefits. These GSP concessions previously allowed Indian products to ship at less
India and Mexico initiated discussions to promptly mitigate the impact of tariffs imposed on Indian goods by Mexico and to chart ways and means to protect trade interests.
he visit of a delegation of US trade officials from the office of the US Trade Representative, led by Deputy US Trade Rick Switzer served as an opportunity for both sides to have productive exchanges on a wide gamut of items, including the ongoing negotiations for a mutually beneficial In
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G
However, India denies any agreement, emphasising its priority to safeguard consumer interests. The country's energy policy prioritises stable prices and secure supplies. Trump had imposed 50% tariffs on Indian goods, urging New Delhi to diversify energy sources.
The Confederation of All India Traders (CAIT) on Sunday stated that trade during the festive season is expected to surpass a record Rs 5 lakh crore, with offline markets witnessing a surge, even as online sales experience a sharp decline.