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US trade deal, possible portfolio inflows likely to support Rupee, says Na
Updated : 1 month, 1 week ago IST
Nguyen attributed the change partly to expectations that the India-US trade deal will boost India's export income, providing a stronger underlying flow of foreign exchange.
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"Why does US make announcements regarding trade deals?": Sachin Pilot ques
Updated : 1 month, 1 week ago IST
Speaking to the media here on Tuesday, Pilot said, "Why does the US make announcements regarding trade deals between India and the US? What is the need to celebrate if the tariffs have been reduced to 18 per cent? It seems that the agreement was made under pressure from the US."
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"Will make industries more globally competitive": State industry bodies on
Updated : 1 month, 1 week ago IST
Rajesh B. Lund, President of the Chamber of Commerce, Coimbatore, said the industry has "warmly welcomed" the US tariff reductions announced under the new trade initiative. "This is a landmark achievement, and we wholeheartedly appreciate the leadership of Prime Minister Narendra Modi, whose
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"We protested, so we were suspended": Manickam Tagore on MP Suspensions
Updated : 1 month, 1 week ago IST
Speaking to ANI, Tagore alleged that Rahul Gandhi was not allowed to speak despite following parliamentary procedure. Even after submitting authentication today, his speech on China and US tariffs was stopped, and his microphone was taken away, prompting the MPs' protest and subsequent su
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US tariff relief opens USD 50 Billion export opportunity for India: CII Pr
Updated : 1 month, 1 week ago IST
Memani noted that the United States, the world's largest economy, is also India's largest trading partner, with total Indian exports to the US estimated at around USD 80-90 billion annually. Of this, nearly 50-60 per cent, roughly USD 50 billion, comes from labour-intensive sectors such as g
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"PM Modi will not compromise with India's autonomy, self-respect and honou
Updated : 1 month, 1 week ago IST
Former MoS MEA MJ Akbar called the India-US trade deal the "first child" of the India-EU "mother of all trade deals." He praised PM Modi's cooperative nationalism for sidelining US tariff pressure, predicting stable, promising India-US ties ahead.
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"India approached US with calm head," CSIS Richard Rossow on India-US trad
Updated : 1 month, 1 week ago IST
Rossow, in a conversation with ANI, highlighted how the US wanted to repair the trade deficit with India, and despite warm relations, there was a bit of ruffle.
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CITI hails reduction in US tariffs on Indian goods to 18 pc, says textile
Updated : 1 month, 1 week ago IST
The Confederation of Indian Textile Industry (CITI), a key textile organisation, has welcomed the reduction in the US tariff on Indian goods to 18%.
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US tariffs have "no influence" on customs duty overhaul announced in Budge
Updated : 1 month, 1 week ago IST
Notably, the Finance Minister in her budget speech had announced the proposals for deduction in Customs and Central Excise for certain products which she said aims to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversi
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Counter to US tariffs: Centre reduces tariff rate on goods imported for pe
Updated : 1 month, 1 week ago IST
In response to the US tariffs on imports of Indian goods, Union Finance Minister Nirmala Sitharaman on Sunday proposed reducing the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent.
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Finance Minister Nirmala Sitharaman creates history, to present 9th consec
Updated : 1 month, 1 week ago IST
With this ninth consecutive budget, Sitharaman moves closer to the overall record of 10 budgets held by former Prime Minister Morarji Desai, though Desai's presentations were not all consecutive.
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"Homeland or Death": Cuban President hits out at Trump's tariffs on island
Updated : 1 month, 1 week ago IST
Cuban President Miguel Diaz-Canel Bermudez on Saturday (local time) strongly condemned the United States' latest move to impose tariffs on countries supplying oil to the island, warning that the measures aim to "strangle" Cuba's economy.
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