Economy

India-US trade deal: DDGS duty cuts raise concerns despite tariff rate caps

India-US interim trade framework cuts tariffs on several agricultural items, but Commerce Minister Piyush Goyal said sensitive products such as apples, soybean oil and DDGS will be capped under quotas

Zero duty on gems, pharma exports under India-US trade deal: Piyush Goyal

Addressing a press conference, the Union Minister said that several Indian goods will attract zero duties on export, including pharmaceutical products and smartphones

US trade deal will not hurt interests of farmers, MSMEs, artisans: Goyal

Addressing a press conference, the commerce minister hailed the India-US trade framework, adding that it protects farmers, boosts exports, and strengthens bilateral trade ties

India-US trade deal: Pharma sees no major change during Section 232 probe

India's pharmaceutical exports to the US are unlikely to see major tariff changes under the interim pact as Section 232 investigations continue, though medical devices may gain from better access

India-US trade deal: Boost seen for energy, minerals imports over 5 yrs

India has expressed intent to import $500 billion worth of energy, minerals, technology products and aircraft parts from the US over five years under an interim trade agreement

India-US trade deal: Which sectors will benefit most from tariff cuts?

The trade framework opens opportunities for Indian exporters, safeguards sensitive sectors, and sets the stage for broader cooperation in technology, digital trade, and supply chains

Trade pact opens $30 trn US market; safeguards key sectors, farmers: Goyal

Commerce and Industry Minister Piyush Goyal said that the framework is expected to create jobs and MSME exports while keeping staple crops and dairy outside tariff concessions

India, US agree on interim trade deal framework ahead of full deal talks

The interim framework outlines tariff cuts, market access and technology cooperation while protecting sensitive Indian sectors, paving the way for a broader India US trade agreement

US lifts extra 25% tariffs on Indian goods linked to Russian oil buys

The step is part of a wider agreement to ease trade tensions, under which India plans to buy about $500 billion worth of US goods, including energy, aircraft and technology, over the next five years

New policies in works for faster decision-making: Gadkari on Invit push

Kahi problemach nahi (there's no problem). The NHAI is economically sound, and it has an AAA rating, Union Road Transport and Highways Minister Nitin Gadkari said

RBI Guv Malhotra signals lower rates for longer, trade deal growth boost

MPC keeps repo, stance unchanged; awaits new data series

₹9,200 cr scheme for development of water metro systems in the pipeline

Draft guidelines say vessels for ops to be procured via local shipyards

India's imports from China dip in multiple sectors in 2024-25: MoS Prasada

On the other hand, the export of mobile phones has increased from ₹1,566 crore in 2014-15 to more than ₹2,05,017 crore in 2024-25

Despite Donald Trump's punitive tariff, India keeps importing Russian oil

India gets deep discounts on Russian crude and its exports of petroleum products to China have increased

Russian oil tankers position close to India amid lack of clarity on US FTA

Officials of Indian refiners evaluating Russian crude alongside other grades from Brazil, Angola and UAE

Unspent ₹43,636 cr lies in states' SNA accounts despite higher allocations

More than Rs 43,000 crore remains unutilised in states' SNA accounts under major centrally sponsored schemes, even as Budget sharply raises allocations for education, water and nutrition programmes

India, GCC sign ToR to restart free trade talks after three-year pause

India, the six-nation GCC bloc have signed the terms of reference for a proposed free trade agreement, formally setting the stage for negotiations aimed at boosting trade, investment, strategic ties

Trade deal: 18% US tariff to kick in after joint statement in 4-5 days

Goyal says first tranche of 'formal' pact by mid-March

Tariff cut puts Indian toys, games back in game in US: How it's faring

Renewed interest from US, EU and UK buyers after tariff cuts is positioning India as a key sourcing hub for global toy majors ahead of the Autumn-Winter 2026 season

Venezuela long-standing energy partner, India open to crude sourcing: MEA

India said Venezuela has been a long-standing energy partner and New Delhi remains open to exploring crude supply options based on commercial merit, even as energy security stays the top priority