LanzaTech aims to transform agri residue and waste gases into ethanol and sustainable aviation fuel with partners Indian Oil and GAIL as India builds biofuel capacity
Commerce Minister Piyush Goyal said India's exports would grow 6% this year, despite the US' 50 per cent tariffs, adding FTAs with the EU and UAE were progressing to boost trade
India's exports rose 6.7% in August to $35.1 billion despite higher US tariffs, while imports contracted 10.1% to $61.6 billion, narrowing the trade deficit to $26.3 billion
Retailers, banks and buyers are sharing the burden as exporters frontload shipments, cut prices short term and weigh overseas bases if tariffs persist
However, sector analysts are far from satisfied with this showing and maintain there is ample room for improvement
The US will eventually realise that India cannot be bullied, but things may get much worse before they get better
Government pledges policy interventions and trade support to ease impact of 50% US tariffs
Data from the Annual Survey of Industries (ASI) show that these sectors together employed around 21 million workers directly and via contractors in 2023, Nomura said
Wide ranging policy reforms are needed to counter American trade shock
From textiles and gems to auto parts and seafood, Indian exporters brace for shrinking US orders, job losses, and weaker earnings as Trump's tariff surge takes effect on August 27
MSME and SME sectors, key consumer segments for affordable housing, face income disruption from US tariffs, raising risks for sales, launches, and housing finance institutions
Our editorials and opinion pieces today look at the impact of Trump's tariffs and how India should calibrate its responses, as well as the social and economic impact of AI replacing IT jobs
Credit rating agency says India's manufacturing growth momentum and electronics competitiveness are at risk if tariff dispute with US persists
The imposition of a 50 per cent US tariff on Indian goods will impact exports of nine product categories, including shrimp, organic chemicals, apparel, and jewellery by 50-70 per cent, think tank GTRI said on Thursday. US President Donald Trump on Wednesday slapped an additional 25 per cent tariff, raising the total duties to 50 per cent on goods coming from India, as a penalty for New Delhi's continued purchase of Russian oil. The 50 per cent duty will come into effect from August 27. This is on top of the usual US import duties, called Most Favoured Nation (MFN) tariffs. This decision makes India one of the most heavily taxed US trading partners, worse off than China (30 per cent) or Vietnam (20 per cent), and on par with Brazil. GTRI, in its analysis, has categorised India's export segments in three categories- very high impact sectors (exports may be down by 50-70 per cent), high-impact sectors (exports may be down by 30-50 per cent), and low or no impact areas. In the first .
India's electronics exports rose 47% YoY to $12.4 bn in Q1FY26, driven by a 55% surge in mobile phone exports. ICEA expects FY26 exports to reach $46-50 bn
After US President Trump announced an extra 25% tariff on Indian goods over Russian oil imports, Congress leader Shashi Tharoor called it a 'double standard', while economists warned of a hit to India
Last month, Titan also announced that its has signed an agreement to acquire a 67% stake in Damas LLC, the holding company for the Damas jewellery business in the GCC region
The commerce ministry said the Indian government remains committed to a fair trade deal and will take all necessary steps to protect national interests
Trump said on Monday most partners that do not negotiate separate trade deals would soon face tariffs of 15 per cent to 20 per cent on their exports to the United States
Indian exporters currently bear a 10 per cent baseline tariff, after the US administration temporarily paused the 26 per cent reciprocal tariff on India