Search For "tariff"
India to import more soybean oil, reduce tariffs on fruits; dairy sector u
Updated : 1 month ago IST
Speaking to ANI, Sachdev said that India intended to increase imports, which could impact local pricing and production, and that tariff reductions on American produce would mean more competition for domestic growers but more variety for Indian consumers.
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Gem and jewellery, textile sector says US tariff relief to bring significa
Updated : 1 month ago IST
While speaking with ANI, Rajesh Rokde, Chairman of the All India Gem and Jewellery Domestic Council, said, "The Gem and Jewellery industry is very happy with the agreement, and it going to give us big benefits. We have been in discussions with the government on the issue for a long time and
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US tariff rollback, EU deal mark a reset in India's trade and foreign poli
Updated : 1 month ago IST
Speaking to ANI, Sachdev said the US decision to reduce duties from a peak of 50% to 18% has removed a major irritant in bilateral ties, which had strained relations since April's Liberation Day announcement by US President Donald Trump. India had initially faced a 25% reciprocal tariff, fol
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"Just a framework..": P Chidambaram on India-US interim trade agreement
Updated : 1 month ago IST
In a telephonic interview with ANI, Chidambaram responded to questions on the government's claims regarding the deal, and said, "what has been announced is neither a bilateral trade agreement nor an interim agreement, but merely a framework for a possible interim agreement in the future."
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"India-US interim trade deal 'historic'; farmers fully safeguarded": Union
Updated : 1 month ago IST
"Under the leadership of PM Narendra Modi, this is a landmark deal between India and the US. This is a historic deal. The 50 per cent tariff has been cut down to 18 per cent. Trade will thrive, industries of people will thrive, and employment opportunities will increase," he said.
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India-US trade agreement along with other FTAs positive for Indian economy
Updated : 1 month ago IST
While responding to a question by ANI on the India-US trade deal at a press conference, Setty said, "It's not only the India-US deal, but also other trade deals, whether it is with the EU or the FTA with the UK in the past, all these are extremely positive for the Indian economy."
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"India-US trade deal not on equal terms": Shiv Sena (UBT) MP Priyanka Chat
Updated : 1 month ago IST
Speaking to reporters, Chaturvedi said the deal appeared uneven, noting differences in tariffs: the US will cut tariffs on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products.
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RJD MP Manoj Jha slams India-US Trade Framework, warns of "Unrest on Stree
Updated : 1 month ago IST
Rashtriya Janata Dal (RJD) Member of Parliament Manoj Kumar Jha launched a sharp attack on the Union government on Saturday regarding the India-US Interim Trade Framework Agreement, alleging that the Centre was "misleading the entire nation" over revised tariff structures. Speaking about
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MEA will give information about Russian oil purchase: Piyush Goyal
Updated : 1 month ago IST
Union Commerce Minister Piyush Goyal on Saturday said the Ministry of External Affairs will give information about India's purchase of Russian oil.
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"Zero duty on export of gems and diamonds": Piyush Goyal hails India-US de
Updated : 1 month ago IST
Union Minister for Commerce and Industry, Piyush Goyal, on Saturday hailed the zero duty on gems and diamonds exported from India to the United States as the two nations announced a framework for the Bilateral Trade Agreement.
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Congress MP Randeep Singh Surjewala slams India-US Trade Framework, questi
Updated : 1 month ago IST
Congress MP Randeep Singh Surjewala criticised Modi government on Saturday, following the announcement of a framework for an India-US Interim Trade Agreement. Speaking from Panchkula, Haryana, Randeep Singh Surjewala said that the deal would devastate Indian livelihoods by opening domesti
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Indian farm products to enter US at zero duty, no concessions for US agric
Updated : 1 month ago IST
While addressing a press conference on the India US Joint Statement, Minister Goyal said, "Agricultural products from Indian farmers will be exported to the United States at zero duty. At the same time, no tariff concessions have been granted for agricultural products from US farmers ente
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