Trump's steep 50 per cent tariffs last year dented Indian exports by raising landed costs, squeezing exporter margins, and eroding competitiveness in the American market
US tariff cut lifts Indian medical devices; pharma steady, nutraceuticals seek clarity
Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades
India's engineering exports to the US are set to regain momentum after reciprocal tariffs were cut to 18%, with auto component makers expected to benefit the most
The India summit seeks to bridge this divide by emphasising measurable results in healthcare, agriculture, education, climate action and governance
In comparison, central government-owned ports grew 9%
Addressing a press conference, Goyal said India secured more favourable terms than several comparable countries that have entered into trade arrangements with the United States
With the US agreeing to cut tariffs on Indian goods to 18%, industry expects India's textile and apparel exports to gain a competitive edge and post double-digit monthly growth from FY27
Officials said the higher provisioning also means that the Food Corporation of India might not have to rely on borrowing or any other means in FY27 to fund its shortfall
Economists say the India-US trade deal could lift FY27 GDP growth by 20-40 basis points by boosting exports and reducing uncertainty, though risks from imports remain
Kremlin spokesman Dmitry Peskov said Russia is closely examining US President Donald Trump's comments on ties with India and, as of now, has not received any statements from New Delhi
DEA Secretary Anuradha Thakur says the India-US trade deal has lifted uncertainty and the government is hopeful of greater buoyancy, even as Budget maths remains transparent
Secretary of the Department of Financial Services M Nagaraju urged industry leaders to be cheerful about the India-US trade deal
India and the US have announced a trade deal to ease tariffs. Here's how the India-US trade relationship compares with India's major partners and the world's largest trade corridors
Moody's said the trade deal will reinvigorate India's goods export growth to the US, which remains the country's largest goods export market
A BTA between the two nations would deliver meaningful benefits for businesses, workers, and consumers in both countries, while strengthening supply chains and economic resilience, it added
Nageswaran's bullishness was echoed by Indian markets, with the rupee posting its biggest gain in more than three years and stocks jumping the most since 2021 on Tuesday
Exporters expect improved competitiveness and higher shipments to the US after the proposed reduction in American tariffs on Indian goods to 18 per cent from 50 per cent
Along with price discounts, India must replace around 1.7 million barrels per day of average Russian crude imports
Fish exports to the US fell 15 per cent by volume to 201,501 tonnes in the April-November period of the current fiscal year