Search For "us tariff"
India's textile export to UK under FTA may offset US losses: CareEdge Rati
Updated : 5 months, 1 week ago IST
The loss incurred due to the imposition of reciprocal tariffs on Indian textile exports to the United States (US) may be offset by a surge in exports to the United Kingdom (UK), buoyed by the recently concluded India-UK Free Trade Agreement (FTA), said CareEdge Ratings in a report.
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Department of Posts announces suspension of booking of all mail to US
Updated : 5 months, 1 week ago IST
In view of the ongoing inability of carriers to transport US-bound mail and in the absence of defined regulatory mechanisms, Department of Posts has decided to completely suspend the booking of all categories of mail, including letters, documents, and gift items valued up to USD 100, destine
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PM Modi, Xi Jinping recognise role of India-China's economies to stabilise
Updated : 5 months, 1 week ago IST
Prime Minister Narendra Modi and Chinese President Xi Jinping, during the bilateral meeting in Tianjin, recognised the role of India and China's economies in stabilising the world trade, the Ministry of External Affairs said in a statement on Sunday.
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Shrimp exports to fall 15-18% this fiscal as US tariffs push duty above 58
Updated : 5 months, 1 week ago IST
India's shrimp export volumes are expected to decline by 15-18 per cent in the current fiscal year following a sharp hike in US tariffs, which will take the total import duty to 58.26 per cent, effective August 27, according to a report by Crisil Ratings.
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"India is big boy, not schoolchild... Trump haphazard in approach": US po
Updated : 5 months, 1 week ago IST
Speaking to ANI, Sanchez said India has shown the world that it will take independent decisions which lie in its national interest. "India's the big boy, not a school child. The moment the United States said, 'you will not buy oil from Russia or we will punish you,' India looked back and
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Silver linings in Indian economy can offset impact of US tariffs: CEA Nage
Updated : 5 months, 1 week ago IST
He backed his argument by stating that the measures taken by the government, such as direct tax cuts, forthcoming GST tax structure reforms, and the employment-linked incentives, among others, are supportive of the overall economy.
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GTRI calls for export competitiveness reforms as India faces US tariffs
Updated : 5 months, 1 week ago IST
The Global Trade Research Initiative (GTRI), a trade-focused think tank, has suggested a 10-point plan to the central government, which it believes, if implemented, can shield India from the impact of US tariffs.
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Brazilian President Lula says no immediate retaliatory tariffs against US,
Updated : 5 months, 1 week ago IST
Brazil's President Lula said his government will not immediately retaliate against US tariffs and seeks trade talks with President Trump. While the US imposes 50% taxes on Brazilian exports, Brazil is exploring legal measures but prioritizes negotiation, emphasizing it will not compromise it
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When developed economies declined during COVID, India continued to progres
Updated : 5 months, 1 week ago IST
"Our economy has strengthened to the extent that, even when the economies of developed nations declined during the COVID pandemic, our economy continued to progress," Singh told ANI, highlighting India's economic progress.
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Despite US tariffs and geopolitical uncertainty, growth forecast retained
Updated : 5 months, 1 week ago IST
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
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India's exports to surpass last year despite tariffs: Piyush Goyal
Updated : 5 months, 1 week ago IST
Union Commerce and Industry Minister, Piyush Goyal on Thursday said that despite US tariffs India's export this year will be more than the last year.
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US tariffs on India due to Trump's 'personal pique' of not being allowed t
Updated : 5 months, 1 week ago IST
The steep 50 per cent tariffs imposed by the United States on Indian goods are largely a result of President Donald Trump's "personal pique" at not being allowed to mediate in the India-Pakistan conflict, according to a recent report by American multinational investment bank and financial se
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