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
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.
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.
US envoy Steve Witkoff visited a US-backed food aid site in Gaza amid a worsening hunger crisis. Along with Ambassador Mike Huckabee, he will help finalize a new aid plan and brief President Trump after the visit, according to CNN.
Congress MP Karti Chidambaram dismissed US President Donald Trump's "dead economy" comment as a typical offhand remark, stressing that US-India ties are resilient and long-term. He also criticised the BJP's treatment of allies, noting O Panneerselvam's isolation after AIADMK's split and N
Bharatiya Janata Party MP Nishikant Dubey on Friday hit back at US President Donald Trump over his Pakistan oil deal remarks, saying, "What will a beggar country give to India?" whose oil needs it itself depended on Turkmenistan, Iran, and Qatar.