Page 7 - Us Tariffs

India negotiating FTAs with US, EU and 50 partners to boost trade: Goyal

India is at present negotiating free trade agreements with a number of trading partners, including the US and European Union, Commerce and Industry Minister Piyush Goyal said on Friday. India is working with its 'trusted' trading partners through these agreements to boost economic ties, he said. "We have all seen trade being weaponised. We have all seen the importance of having trusted partners around the world," he said, adding that at this moment, India is in talks with individual countries and groups of nations totalling about 50. The remarks come at a time when a steep hike in tariffs by the US has disrupted global trade. The Donald Trump administration has imposed a 50 per cent import duty on Indian goods entering American markets since August 27. The minister informed that GCC (Gulf Cooperation Council) too is interested in trade pact talks. GCC is a union of six countries in the Gulf region Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain. New Delhi has already implemen

We aim to double loan book to ₹16K crore by FY29: Sarvjit Singh Samra

Samra says the lender has seen no major impact from US tariffs, even as MSME, housing and agri portfolios remain strong and branch expansion gathers pace

Reliance stops import of Russian crude oil into Jamnagar's SEZ refinery

India's Russian oil loadings at 3-yr low in Nov as refiners grow wary of US sanctions

RBI doesn't target rupee level, fall due to dollar demand: Guv Malhotra

The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks

Mind the gap: GDP growth vs corporate results reveal real lack of demand

India's strong GDP growth masks a deeper disconnect: muted revenues, weak private capex, and demand constraints that leave corporate performance trailing headline numbers

Gems & jewellery exports slipped 30% to $2.17 billion in October: GJEPC

Sector hopes for relief as FTA talks with the US and EU progress; FY26 exports may still reach $30-35 billion

First tranche of US-India bilateral trade agreement 'near closure'

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

US tariff shift opens narrow window for India's farm exports

US tariff exemptions on select farm goods offer India narrow export boost, but gains will stay limited unless India expands scale, strengthens cold-chain capacity and diversifies agricultural exports

India and China begin discussions for a reverse-trade model for drugs

This would unlock export potential of $6 billion for Indian pharma companies

Take Trump at his word, and finalise a trade deal before tariffs hurt

A trade deal with the US is both possible and essential - and so is one with Europe

US administration plans broad tariff exemptions to curb rising food prices

The exemptions are expected to include beef and citrus products, although the people cautioned that President Trump had not made a final decision

Reserve Bank of India announces relief for exporters amid trade worries

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

Govt may need ₹2,000 cr corpus to implement credit guarantee scheme

The Centre will provide ₹2,000 crore to back a ₹20,000-crore credit guarantee scheme aimed at easing liquidity for exporters, especially MSMEs, amid tariff pressures from the US

India's Q2 economic growth may have surpassed RBI's 7% projection

Economists see growth above 7% in July-September, backed by consumption revival, robust capex, and steady industrial output; RBI had earlier pegged Q2 GDP at 7%

Preparing the FTA pitch: India, Australia eye full deal amid US tariffs

Three years after India and Australia signed an interim trade deal, the two sides are moving decidedly towards a full-fledged free trade agreement. They have rising US tariffs to contend with

US 'pretty close' to seal trade deal with India, says Donald Trump

The US is "pretty close" to reaching a "fair trade deal" with India, President Donald Trump has said, adding that he will lower the tariffs imposed on Indian goods at "some point". This is the second time in less than two weeks that the US president held out hope to seal the proposed bilateral trade deal with India. It is not immediately clear whether it was Trump's usual hyperbole or there was some progress in the negotiations for the much-awaited deal between the two sides. "We're making a deal with India, a much different deal than we had in the past. So right now, they don't love me, but they'll love us again," Trump said on Monday without elaborating. He made the remarks during a ceremony in the Oval Office where Sergio Gor was sworn in as the US Ambassador to India by Vice President J D Vance. "We're getting a fair deal, just a fair trade deal. We had pretty unfair trade deals. They're very good negotiators, Sergio, so you have to take a look at that, if you would please," T

China lifts gallium, germanium export curbs to US amid trade thaw

Beijing's move to lift export restrictions on key semiconductor minerals until 2026 signals a thaw in US-China trade tensions after the leaders' meeting in Busan

Arvind Ltd Q2 net profit rises 70% to ₹106.7 crore, revenue at ₹2,371 crore

Arvind Ltd noted strong growth in the fabric segment during the quarter despite the impact of US tariffs. Revenue was up 8.4 per cent to ₹2,371 crore, driven by textile growth

Make the most of free-trade agreements, PM Narendra Modi tells exporters

At a high-level meeting with export councils, PM Modi called on exporters to fully leverage India's FTAs amid US tariff hikes, while industry sought policy and financial relief

Tariff impact: Gems & jewellery shipments to US hardest hit in September

The US accounts for 37 per cent of India's total exports of precious stones and 28 per cent shipments of gold jewellery