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India well placed amid tariff shocks, global fragmentation: Economic Surve
Updated : 3 months, 3 weeks ago IST
The Survey notes that the global economic environment has become increasingly uncertain, with trade policy now shaped more by strategic and political considerations than by multilateral rules.
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US Treasury Secretary Scott Bessent reiterates claim that Europe is 'fundi
Updated : 3 months, 3 weeks ago IST
US Treasury Secretary Scott Bessent accused Europe of indirectly funding Russia's war by importing fuel linked to Russian oil, even as it backs Ukraine. His remarks came as India and the EU finalised a major trade deal amid rising global trade tensions.
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"Very disappointing": US Treasury Secretary Scott Bessent says Europe prio
Updated : 3 months, 3 weeks ago IST
US Treasury Secretary Scott Bessent criticised Europe for prioritising a trade deal with India over Ukraine, accusing the EU of indirectly funding Russia's war through energy trade. He said the US has made bigger sacrifices and warned that Europe put commerce ahead of Ukrainian lives.
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Rubio contradicts White House Press Secretary Leavitt, says Trump meant "G
Updated : 3 months, 3 weeks ago IST
US Secretary of State Marco Rubio clarified that President Donald Trump misspoke after calling Greenland Iceland at Davos. Rubio told senators Trump meant Greenland, calling it a verbal slip. The White House denied the mix-up, while Trump later ruled out military action and eased tariff t
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EAM Jaishankar to visit US next week
Updated : 3 months, 3 weeks ago IST
External Affairs Minister S Jaishankar is scheduled to visit the United States next week, sources said on Wednesday.
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India-US trade deal could be finalised any day, say sources; highlight rob
Updated : 3 months, 3 weeks ago IST
A day after India concluded its neogtiations with the European Union on a Free Trade Agreement (FTA) which has been dubbed the 'mother of all deals', India is now looking towards a closure on the FTA with the United States.
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From India to the World: How ChocoCraft Built a Global Export Business in
Updated : 3 months, 3 weeks ago IST
New Delhi [India], January 28: In 2025, as global trade faced pressure from shifting tariff structures, supply-chain disruptions, and geopolitical uncertainty, many Indian startups chose to delay international expansion. ChocoCraft, a premium chocolate gifting brand from India, took a differ
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India-EU FTA to level textile playing field with Bangladesh, Pakistan as t
Updated : 3 months, 3 weeks ago IST
The agreement is expected to provide a major boost to India's textile and apparel sector, which currently faces tariffs of up to 12% in the EU, compared with zero duties for competitors such as Pakistan, Bangladesh and Turkey. Similar benefits are expected for exports of chemicals, leather p
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Textile industry urges for measures to mitigate US tariff impact: CITI Sur
Updated : 3 months, 3 weeks ago IST
The Indian textile and apparel industry has approached the government with a comprehensive set of policy recommendations to counter the severe economic headwinds caused by steep U.S. tariffs, post the second round of a survey conducted by the Confederation of Indian Textile Industry (CITI) i
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Global trade faces crossroads in 2026 as tariffs, AI and new deals reshape
Updated : 3 months, 1 week ago IST
After a volatile yet resilient 2025, the outlook for the coming year is marked by a tension between rising trade barriers and the emergence of new bridges. US tariff policy remains a central source of uncertainty, particularly with sector-specific duties under Section 232 expected to stay
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EU FTA a big win for India's labor-intensive exports: Kotak report
Updated : 3 months, 3 weeks ago IST
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.
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India-EU trade pact set to drive electronics exports beyond USD 100 billio
Updated : 3 months, 3 weeks ago IST
Bolstered by the newly finalised Free Trade Agreement (FTA), Chairman of the India Cellular & Electronics Association, Pankaj Mohindroo, projects India's electronics exports to the European Union to cross the USD 100 billion mark by 2035. The trade pact provides a strategic shield for the In
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