Page 4 - India Trade

India holds informal talks with US, rules out retaliation for now

While talks on a bilateral trade deal have been postponed, the two countries continue to communicate on critical issues, including defense and foreign policy

US tariffs: Bracing for pain, exporters cling to trade deal hopes

Workers, small business owners fear loss of livelihood as factories reduce operational hours amidst cancelling of orders

Tariff trials: India needs to diversify markets, increase competitiveness

Since the US accounts for nearly one-fifth of India's exports, the consequences for exporters are severe

India-Africa trade surpassed $100 bn in 2024-25: MoS Kirti Vardhan Singh

Union minister Kirti Vardhan Singh on Wednesday said India-Africa trade has crossed USD 100 billion and New Delhi has emerged as one of the top-five investors in the continent. Addressing the inaugural session of the 20th CII India-Africa Business Conclave in the national capital, Singh said India has extended concessional loans worth over USD 12 billion and USD 700 million in grant assistance for projects across Africa, apart from offering 50,000 scholarships for African youth, of which more than 42,000 have already been utilised. "This year's theme is different as we have decided to move from project partnership and growth partnership to the spirit of 'Co-creating a Shared Future', which signifies the sentiment attached to this remarkable journey," the minister said. "India's bilateral trade with Africa has crossed the magical figure of USD 100 billion in 2024-25 compared to USD 56 billion in 2019-2020. With cumulative investments over USD 75 billion from 1996-2024, India is among

India, Kuwait discuss avenues to deepen ties in trade, defence, energy

India and Kuwait on Tuesday undertook a comprehensive review of the bilateral relations during a key meeting, as the two sides also discussed avenues to further deepen the strategic partnership in trade, defence, energy, culture, and people-to-people ties. The seventh round of Foreign Office Consultations between India and Kuwait was held in Delhi. "Both sides discussed the various ongoing initiatives and avenues to further deepen our strategic partnership in various spheres, including political, trade, investment, defence, energy, culture, and people-to-people ties," the Ministry of External Affairs said. During the meeting, both sides undertook a comprehensive review of the bilateral relations and exchanged views on regional and international issues of mutual interest, it said. The consultations were co-chaired by Additional Secretary (Gulf) in the MEA, Aseem R Mahajan, and Assistant Foreign Minister for Asia Affairs in the Ministry of Foreign Affairs, Kuwait, Sameeh Essa Johar .

India, Russia seek to increase trade to $100 billion as US ties fray

Indian External Affairs Minister Subrahmanyam Jaishankar said Wednesday during a visit to Moscow that the two countries must remove trade bottlenecks and reduce non-tariff barriers

PM Modi's Independence Day speech: Deep tech, nuclear energy, and more

The PM's address focused on several areas, including artificial intelligence and deep tech, energy independence, nuclear power, and national security

India remains fully engaged with US on trade negotiations: Commerce Secy

Barthwal said that Washington is a very important trade partner for New Delhi. A US delegation is scheduled to arrive in New Delhi for the next round of negotiations on August 25

External pragmatism, internal reforms can turn US tariffs into opportunity

Any sectoral costs of a US trade deal must be compared to the costs of not having a deal. External pragmatism coupled with internal reforms can yet turn this impasse into an opportunity

India's trade dilemma: Shield farmers, textiles or risk US cotton tariffs

Losing access to the US consumer may hurt India's farm economy more than slashing its 39 per cent average tariff on imported produce

Nuclear sabre-rattling is Pakistan's stock-in-trade, says MEA spokesperson

The MEA's remark came in response to Munir's comment, who warned that Islamabad would be prepared to use nuclear weapons if faced with an "existential threat" in a future conflict

Brazil, Poland, Africa may offer export opportunities for auto parts makers

Indian manufacturers can significantly expand their exports, particularly in the independent aftermarket segment amid US tariffs, says EY report

Tata Steel eyes ₹7k cr gross merchandise value from 'Aashiyana' in FY26

Tata Steel is aiming to double the gross merchandise value (GMV) to around Rs 7,000 crore of its homebuilding e-commerce platform Aashiyana' in the 2025-26 fiscal, a senior company official said. The steel major is also considering onboarding non-Tata Steel products for the first time to expand offerings in the domain, he said. All of the GMV on Aashiyana' currently comes from Tata Steel products, but we do plan to expand our offerings in the near future, Tata Steel VP (Long Products) Ashish Anupam told PTI. The platform recorded a GMV of Rs 3,550 crore in 2024-25, registering a 60 per cent year-on-year growth, and with the rollout of Aashiyana 3.0' the newly launched version of the platform Tata Steel expects to double the GMV over the next one year, he said. Initially launched as a transactional e-commerce site, Aashiyana' has now evolved into a full-fledged content-to-commerce ecosystem designed specifically for individual home builders (IHBs) a largely unorganised but ...

Trump tariffs raise alarm, but how dependent is India on US imports

India's exposure to US imports is limited, but sectors like aerospace, LNG, and high-end tech remain strategically vulnerable

Trump's 50% tariff on Indian imports is a US sanction in disguise

A sanction masquerading as tariff is just Trump being innovative

US tariff impact: India exploring alternative markets, says MEA official

India is scouting new export destinations in South Asia, Africa, and Latin America after US imposed additional tariffs on goods over Russian crude oil imports

Philippines' Marcos eyes India trade, defence in talks with PM Modi

Marcos' visit to India also comes at a time when the two nations, which face a similar security concern are improving defense ties

Trump issues order imposing tariffs on 69 nations, India gets 25% hit

Donald Trump has issued an executive order imposing reciprocal tariffs between 10% and 41% on imports from over 70 countries, citing persistent trade imbalances as the reason behind the move

Trump calls India and Russia 'dead economies' but data tells a different story

From India's trillion-dollar export surge to Russia's energy strength, trade data counters Trump's claim amid escalating tariffs and tensions

India's trade talks with the US face new test as EU deal shows major gaps

As the White House and European Commission offer starkly different versions of their trade pact, it gives India's negotiators ample reason to be alarmed