With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Sr
Israeli officials downplayed the impact of a new 15 per cent US tariff on Israeli imports on Friday morning, calling it relatively modest compared to harsher measures imposed on other nations.
Ministry of External Affairs spokesperson Randhir Jaiswal said at the regular media briefing that the bilateral partnership with the United States has weathered several transitions and challenges and the two countries share a comprehensive global strategic partnership.
Senior Congress leader and former Maharashtra Chief Minister Prithviraj Chavan on Friday criticised the Indian government's response to US President Donald Trump's remarks on India's economy and the recent imposition of 25% tariffs on Indian goods.
Experts from across Indian industries have expressed confidence in the resilience of the Indian economy amid the US President Donald Trump's decision to impose a 25 per cent tariff on Indian goods, describing the move as impactful in the short term but unlikely to dent India's long-term econ
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.