However, the other exporting countries, including Bangladesh, Indonesia, Cambodia and Pakistan, will have a much lower incremental impact than India
A wave of new trade agreements under Trump 2.0 offers concessions to Asian partners, but their executive-order nature leaves room for renegotiation and continued uncertainty
Piyush Goyal will review export challenges, logistics gaps and trade deal gains as industry seeks clarity on the new Export Promotion Mission
Indian exports to the US dropped 8.6 per cent year-on-year to $6.3 billion in October, the second month that the 50 per cent tariff on imports from the country was in place
US President Donald Trump has said he settled tension between India and Pakistan after threatening the two countries with 350 per cent tariffs and claimed that Prime Minister Narendra Modi had called him to say we're not going to go to war. Trump has repeated the claim over 60 times that he helped settle tension between India and Pakistan in May this year even as India has consistently denied any third-party intervention. I'm good at settling disputes, and I've always been. I've done very well with that over the years, even before this. I was talking about the different wars India, Pakistan... they were going to go at it, nuclear weapons, Trump said on Wednesday. Speaking at the US-Saudi Investment Forum attended by visiting Crown Prince of Saudi Arabia Mohammed bin Salman, Trump said that he told the two nuclear-armed neighbours that they can go at it, but I'm putting a 350 per cent tariff on each country. No more trade with the United States. Claiming that both India and Pakistan
India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel
Goyal said the government is holding regular consultations to streamline FDI and FII processes, boost investor confidence and advance fair, balanced India-US trade deal
Development comes at a time when negotiations for India-US BTA gather steam
India says the first tranche of the Indo-US trade deal is close to finalisation, with talks focused on easing reciprocal tariffs and boosting bilateral trade amid shifting export trends
India has signed its first structured deal to buy 2.2 million tonnes of LPG from the US in 2026, a move the government says will boost supply security
A trade deal with the US is both possible and essential - and so is one with Europe
The RBI has extended export credit timelines, eased repayment norms and allowed flexibility in realising proceeds to help exporters cope with disruptions triggered by US tariff action
The US on Wednesday announced sanctions against 32 entities and individuals from several countries, including India and China for links to Iran's ballistic missile programme. The US state department said the action is in line with President Donald Trump's efforts to counter Iran's aggressive development of missiles and other asymmetric and conventional weapons. The US is today sanctioning 32 entities and individuals based in Iran, China, Hong Kong, the United Arab Emirates, Turkiye, India, and other jurisdictions that operate multiple procurement networks supporting Iran's ballistic missile and unmanned aerial vehicle (UAV) production, it said. It said the action supports the reimposition of UN sanctions and restrictive measures on Iran in September response to the country's "significant non-performance" of its nuclear commitments. US Under Secretary of the Treasury (terrorism and financial intelligence) John K Hurley said Iran exploits financial systems across the globe to launder
Indian markets rallied for a third session on optimism over a potential US-India trade deal and expectations of a Federal Reserve rate cut, with tech stocks leading the gains
India will not agree to any trade deal that harms farmers, dairy or workers, Piyush Goyal said, adding that new fish export markets like Russia are being explored
Stock Market Close Highlights, Nov 11: BSE Sensex recovered 747.29 points from day's low of 83,124.03, to end at 83,871.32 levels, up 335.97 points or 0.40 per cent.
India's reduced Russian oil orders come after the US raised tariffs on Indian imports to 50% and imposed sanctions on Russian oil giants Rosneft and Lukoil
From a stock market perspective, however, UBS remains underweight on Indian equities as valuations in their view still look expensive relative to the ordinary fundamental performance of companies.
US President made the comments while administering oath of office to Sergio Gor as the new US Ambassador to India, and indicated progress in ongoing trade talks, suggesting tariff cuts could follow
Indian officials and experts are monitoring the US Supreme Court case challenging Donald Trump's tariff powers, assessing how the verdict may affect the proposed India-US trade agreement