Former Prime Minister and JD(S) chief HD Deve Gowda on Friday took a sharp dig at opposition leaders who supported US President Donald Trump's 'dead economy' remark on India.
The recent imposition of a 25 percent tariff on Indian rice exports to the United States, along with an additional penalty still pending review, has stirred unease among stakeholders in the agricultural export sector. Despite the challenge, industry leaders suggest that India's inherent s
MEA spokesperson Randhir Jaiswal, during the weekly media briefing, emphasised that India's relations with any country are based on their own merit and shouldn't be viewed through the lens of third countries
Indian pharmaceutical manufacturers are preparing a two-pronged strategy to offset the impact of the soon-to-be-effective 25 per cent US tariff on Indian goods, which includes drug exports, with industry experts anticipating that the move could significantly raise medicine costs in the Ameri
MEA spokesperson Randhir Jaiswal during weekly media briefing stated that India has taken note of the sanctions and is currently reviewing the situation.
Sarkar wonders why Modi hasn't responded strongly, especially with Trump now imposing a 25% tariff plus penalty on India. He drew parallels with former Prime Minister Indira Gandhi, suggesting she would have given Trump a fitting response.
Speaking about the challenges facing India's export-dependent sectors, Dawra highlighted concerns for labour-intensive industries, including electronics, jewellery, pharmaceuticals, textiles, and leather goods, that could be significantly impacted by changing trade dynamics.
The US administration's 25 per cent blanket tariffs on Indian goods is "unfortunate" but are poised to be short-lived, as both the partner countries are working on a Bilateral Trade Agreement (BTA), Vimal Pruthi, Partner, International Trade, EY India, said on Friday.
In an exclusive interview with ANI, he said that the tariffs won't have a significant disruptive impact on the US economy, given India's relatively small share of US international trade, around 2.5%.
Bharatiya Janata Party MP Damodar Agarwal on Friday backed Union Commerce Minister's statement in Parliament after US President Donald Trump announced 25 per cent tariffs on India.
India's not giving market access to the United States (U.S.) in the agriculture and Dairy products sectors is likely to be the reason for not reaching on a trade agreement, noted S &P Market Intelligence report released on Friday.
India may face an annual export loss of USD 5 to USD 6.75 billion if demand declines by 20 to 30 per cent because of 15 per cent tariff imposed by US, said a report by Ventura Securities.