Commerce Secretary Sunil Barthwal on Thursday confirmed that India is actively engaged in negotiations with the US to expand trade and investment, deepening the India-US trade relationship.
India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.
India's export data for July 2025 is due later in the day. The figures are expected to show no major deviations, with business activity remaining steady through the month.
Noting that India has done the "right thing" by not caving in to the Trump administration's pressure in trade talks to provide more access to the country's agriculture and dairy sectors, former diplomat Vikas Swarup has said "the US called India a 'Tariff King' but now the 'Tariff King' i
President Droupadi Murmu on Wednesday said that Singapore is a key partner in India's Act East Policy, MAHASAGAR Vision and Indo-Pacific Vision and the two countries have a strong partnerships in the areas of trade, investment, defence, culture, education, and people-to-people exchanges.
He emphasised that the government is paying increasing attention to the value of this connection, with Prime Minister Narendra Modi urging the use of the three T's - Tourism, Trade, and Technology - as benchmarks to assess foreign relationships.
There are three reasons US President Donald Trump has imposed 50 per cent tariffs on Indian goods including his "being miffed that India has not acknowledged his role" in cessation of hostilities with Pakistan following Operation Sindoor, former diplomat Vikas Swarup has said, noting that
The cumulative 50 per cent tariffs imposed by the President Donald Trump administration on Indian goods will come into effect exactly a fortnight from now, unless something dramatic happens between the two countries on the trade deal front in the meantime.
New Delhi [India], August 13: In a groundbreaking achievement, H.E. Zeenat Kureshi has become India's first woman to be appointed as the GCC-India Trade Commissioner under an international chamber of commerce. This historic appointment places her at the forefront of strengthening luxury dipl
Mumbai (Maharashtra) [India], August 13: InfoComm India, the nation's definitive tradeshow for Professional Audiovisual (Pro AV) and integrated experiences, has unveiled a forward-thinking agenda for its highly anticipated Summit. Taking place from 9-11 September 2025 at Jio World Convention
Farmers and workers across Himachal Pradesh on Wednesday joined a nationwide protest call by the Sanyukt Kisan Manch, voicing their opposition to anti-farming and neo-liberal economic policies, the Centre's trade decisions, and local land eviction drives.
Amid the high tariffs imposed by US President Donald Trump on Indian goods, India's current account deficit (CAD) is expected to remain under 1 per cent during the current financial year.