Page 4 - India Trade Policy

US policy towards India has taken 'unfortunate turn', says Kaushik Basu

According to him, the US now takes India for granted as never before

India presses ahead with US trade talks despite looming Aug 1 tariffs

India is pushing ahead with trade deal talks with the US despite looming Trump-era tariff threats, focusing on long-term economic alignment beyond short-term disruption

India-UK trade deal: Navigating through worldwide economic chaos

The India-UK trade deal is a balanced and comprehensive agreement expected to create millions of jobs and open vast opportunities for bilateral trade and investment, benefiting both nations

India-UK FTA will grow Scotland whisky market by $1 bn: Glenmorangie chief

Caspar MacRae, CEO of The Glenmorangie Company, says the India-UK Free Trade Agreement will make whisky more affordable in India, helping the market grow by $1 billion

US-Indonesia trade deal shows risks of pressure, India must be wary: GTRI

The US-Indonesia trade pact reflects how Washington's pressure tactics can compel countries to cut tariffs, commit to large purchases, and loosen regulatory control, and India should tread cautiously in ongoing trade talks to avoid similar concessions, economic think tank GTRI said on Wednesday. Indonesia gave up far more than it gained, removing 99 per cent of its tariffs on US goods, agreeing to buy USD 22.7 billion in American products, and weakening important rules that protected its industries, food safety, and digital space, the Global Trade Research Initiative (GTRI) said. "India now faces similar US demands, including allowing remanufactured goods, opening up agriculture and dairy, accepting genetically modified (GM) feed, and adopting US rules on digital trade and product standards," GTRI Founder Ajay Srivastava said. He added that accepting American standards on cars, medical devices, or food, without any guarantee of reciprocity, would put India's consumers at ...

28 states, UTs form export strategy to promote outbound shipments: Official

As many as 28 states and Union Territories (UTs) have formulated their export strategy with a view to promoting the country's outbound shipments, an official said on Monday. The official also said all 36 states and UTs have constituted State Export Promotion Committee (SEPC) and District Export Promotion Committee (DEPC). Further, a draft district action plan has been prepared by the regional authorities of the Directorate General of Foreign Trade (DGFT) for 590 districts. Out of this, 249 are formally notified by DEPCs. These plans include a broad strategy for promotion of exports from districts, the official said. The Centre is promoting states to engage in export promotion activities as it would help boost domestic manufacturing and job creation. "State export strategy has been prepared in 28 states/UTs," the official added. These include Uttar Pradesh, Maharashtra, and Karnataka. In the Foreign Trade Policy (FTP) 2023, the DGFT has included the 'Districts As Export Hubs' ...

Latin America trade negotiations: India wary of China's growing influence

China's growing influence in the Latin American region raises concerns

Electronics exports up 47% in April-June quarter, led by US, UAE, China

The Netherlands and Germany are other major export destinations for the country's electronics exports

India likely to settle for 10-15% tariff in interim trade deal with US

This may put New Delhi in a more favourable position than Indonesia, Vietnam

India sees $52.3 bn services surplus in Q3 FY25; offsets goods deficit

NITI Aayog's Trade Watch report cites strong growth in IT, consulting, and R&D services exports in the October-December 2024 quarter, helping offset the widening merchandise trade deficit

US is 'close' to signing a trade deal with India, says Donald Trump

Trump indicated that a trade deal with India is near, following his threat of imposing steep tariffs on 15 trade partners, including Asian countries, but exempting India from these measures

Trump's MASALA playbook: India faces tough choices in trade deals

Responding to the blowback, the White House softened its stance on April 9, imposing a 90-day pause and a uniform 10 per cent tariff on most imports, excluding China

India-US interim trade deal nearly sealed after a week of intense talks

First tranche of bilateral trade pact likely in 2-3 days to avert higher US tariffs

With July 9 deadline near, stock markets shrug off US tariff worries

Cautious optimism builds as investors bet on a delay or deal

India-US trade deal to be finalised soon: White House Press Secretary

White House says President Trump will soon announce India-US trade deal; talks ongoing in Washington amid concerns over tariffs, GM crops, dairy and data localisation

India pursuing FTAs with mature, rule-bound markets: S Jaishankar

External Affairs Minister S Jaishankar says India's trade policy has shifted in the past 11 years to target transparent and stable economies over Southeast Asian competition

Jaishankar calls India's trade pacts with mature markets 'space to watch'

Jaishankar says India is now focusing on FTAs with mature, rule-bound markets like the UK, EU, and US, moving away from Southeast Asia to ensure balanced, transparent trade partnerships

India's trade with GCC in focus amid Iran-Israel ongoing conflict

India's trade with West Asia is crucial, considering that apart from Russia, it imports crude oil from Iraq, United Arab Emirates (UAE) and Saudi Arabia

India's overzealous anti-dumping response may gradually fuel protectionism

Its liberal use of anti-dumping duties risks turning into protectionism - and may do more harm than good

Trying to seek early resolution to China's curbs on rare earth magnets: MEA

MEA says India is in touch with China over rare earth export curbs imposed in April and seeks predictable supply chains aligned with international practices