The textile manufacturer produces about 90 million garments annually, with exports to the US, Canada, the UK and France
India and the US signalled the beginning of a new phase of space partnership at a special event hosted by the Embassy of India in Washington DC, with officials and astronauts highlighting how decades of cooperation are now paving the way for missions to the Moon and Mars. An event, titled India-USA Space Collaboration: The Frontiers of a Futuristic Partnership, was held at India House on Monday and celebrated recent milestones, including the joint NASAISRO NISAR satellite and the Axiom Mission-4, which carried Indian astronaut Shubhanshu Shukla to the International Space Station. Ambassador of India to the United States, Vinay Kwatra, described the partnership as a dynamic platform for advancing scientific exploration, technology development and commercial cooperation. He said India's space programme has emerged as a global leader in cost-effective exploration, and joint efforts with the US could push the boundaries of human spaceflight in the decades ahead. Dr Karen St Germain, ..
India's exports to the US are falling as high tariffs imposed by the Trump administration have started eroding the price competitiveness of domestic goods in Washington, think tank GTRI said on Wednesday. August shipments to the US plunged to USD 6.7 billion, down 16.3 per cent from July -- the steepest monthly fall of 2025 -- as US duties doubled to 50 per cent by month's end, it said. In July, exports dipped 3.6 per cent to USD 8 billion over June. The month of June had also seen a decline of 5.7 per cent to USD 8.3 billion over May. May 2025 was the last month of growth, as shipments to the US rose 4.8 per cent over April to USD 8.8 billion. In April, exports to the US stood at USD 8.4 billion. "The slide in exports closely tracks the rapid escalation of tariffs," Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said. Until April 4, Indian goods entered the US at normal MFN (most favoured nation) rates. From April 5, Washington imposed a universal 10 per cent tar
Talks between Indian and US officials in New Delhi were described as positive and forward-looking, with both sides pledging to push for an early conclusion of a trade agreement
India and the US held marathon talks in New Delhi to push forward a trade agreement, signalling easing tensions despite tariff disputes and setting the stage for further negotiations
The two-week India-US bilateral exercise in Alaska saw joint command drills, live-fire operations and training in sub-arctic terrain, reaffirming strong defence ties
While it is vitally important that the interests of key strategic and sensitive sectors are kept in mind, it is also necessary to identify mechanisms by which some sort of compromise might be achieved
Peter Navarro's remarks come as the trade talks between India and the US are gaining momentum, with the US chief negotiator visiting India for a day-long meeting
Since India has none of China's bargaining chips, Trump has found it easy to target it for buying discounted Russian oil, a threat of further punishment, however, could backfire
The development comes even as White House senior trade advisor Peter Navarro reiterates his criticism of India's purchase of Russian oil
The inter-ministerial consultations for the Export Promotion Mission have concluded and the proposal will soon be sent to the Union Cabinet seeking its approval, sources said. The government is considering support measures worth about Rs 25,000 crore for exporters under the Export Promotion Mission, announced in the Budget, for six financial years (2025-2031), PTI had reported citing sources last month. The mission, if approved, can help insulate domestic exporters from global trade uncertainties arising from Trump tariffs. The US has imposed a hefty 50 per cent tariff on Indian goods, starting August 27. "So export promotion mission, you know, the inter-ministerial consultations have happened, and soon we will be going to cabinet. Already in the Budget, there was an announcement, and it would be a kind of a scheme which would be fungible," sources said.
US signals softer dairy stance, eyeing premium cheese exports to India as trade talks restart; India wary of opening sensitive farm sector
Bolton, who has also served as US Ambassador to the United Nations, criticised Trump's "erratic behaviour" of imposing tariffs on India for its Russian oil purchases
Sergio Gor says reforms in India's labour norms and market access are key to fair trade, as US aims to double bilateral trade to $500 bn by 2030
Donald Trump said a 50 per cent tariff on Indian goods, including a 25 per cent duty on Russian oil imports, is difficult and has created friction between Washington and New Delhi
Congress leader Shashi Tharoor said that US tariffs have already led to around 135,000 layoffs in Surat's gems and jewellery sector, with potential job losses looming in seafood and manufacturing
This comes days after Trump urged the EU to impose a 100 per cent tariff on India and China for their continued purchase of crude oil from Russia, a move he claims is fuelling Putin's war in Ukraine
John Bolton said Peter Navarro once tried to pit Trump against PM Modi on trade, but termed it a sideshow as real negotiators focused on resolving issues in good faith
India is a strategic partner whose trajectory will shape the region and beyond, US ambassador-designate to Delhi Sergio Gor said on Thursday, underlining that he is committed to advancing America's interest in this important partnership. Last month, President Donald Trump promoted Gor, Director of Presidential Personnel, as the next US Ambassador to India and Special Envoy for South and Central Asian Affairs. India is a strategic partner whose trajectory will shape the region and beyond. Under President Donald Trump's strong leadership, I'm committed to advancing America's interest in this important partnership, Gor said at his confirmation hearing in the Senate Foreign Relations Committee. When confirmed, 38-year-old Gor will be the youngest American ambassador to India. India's geographic position, economic growth and military capabilities make it a cornerstone for regional stability and a critical part of promoting prosperity and advancing the security interests that our nations
With the US imposing steep tariffs on Indian exports, New Delhi must support affected firms while pursuing new markets, as trade talks with Washington remain uncertain