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Trump Cuts Tariffs on Food Imports; India’s Mango, Pomegranate & Tea Exports Set to Gain

New York: US President Donald Trump has reduced tariffs on key food imports, citing growing concerns over affordability. The move is expected to boost India’s mango, pomegranate, and tea exports, offering new market opportunities for Indian farmers and exporters. The tariff cut strengthens India–US trade ties and enhances the global reach of Indian agricultural products.

US Senate Moves to Block Trump’s Global Tariffs in Rare Bipartisan Rebuke

Washington: The US Senate on Thursday delivered a rare bipartisan challenge to US President Donald Trump’s trade policy, voting to block his decision to impose sweeping tariffs on imports from around the world. The resolution, approved 51-47, drew support from four Republicans — Mitch McConnell and Rand Paul of Kentucky, Susan Collins of Maine, and

US Tariffs Not a Matter of Huge Concern for India’s Growth: RBI Governor

Washington: Reserve Bank of India Governor Sanjay Malhotra on Wednesday asserted that the 50 per cent US tariffs on India are “not a matter of huge concern” for India’s growth. While speaking at an event during the IMF-World Bank meetings in Washington, DC, Malhotra said that India’s status as a “domestic-driven economy” negates the negative

IMF Ups India’s GDP Growth Forecast for 2025-26 Despite US Tariff Hike

New Delhi: The International Monetary Fund (IMF) on Tuesday raised India’s GDP growth forecast to 6.6 per cent for 2025-26 from 6.4 per cent earlier, despite the punitive tariffs slapped by the US on the country’s exports. The upward revision was on “carryover from a strong first quarter, more than offsetting the increase in the

Days After Talks, US Top Trade Official Calls India’s Approach Pragmatic

Washington: The United States Trade Representative (USTR) Jamieson Greer has called India’s approach in trade negotiations “pragmatic” and said the two sides are “trying to negotiate a deal.” During a fireside chat at the Economic Club of New York, Greer spoke about the continuing negotiations with India. “The Indians are being pragmatic. We have actually

GST 2.0: The Landmark Reform Completing India’s Tax Overhaul

Finance Minister Nirmala Sitharaman cites affordability and self-reliance as guiding principles The Goods and Services Tax (GST), India’s biggest indirect tax reform since 2017, has evolved into the backbone of the tax framework. At its 56th meeting, chaired by Finance Minister (FM) Nirmala Sitharaman, the GST Council approved Next-Gen reforms in the indirect tax structure,

US Remains Top Destination For Engineering Exports: EEPC India

New Delhi: The US remained the top destination for engineering exports from India, with shipments rising 7.2 per cent year-on-year to $1.68 billion in August this year, the Engineering Export Promotion Council of India (EEPC India) said on Wednesday. India’s annual engineering exports to the US average around $20 billion, which remain exposed to the

Social Media Users Fact-Check Peter Navarro’s ‘India’s Russian Oil Trade’ Comment on X

Washington: White House Advisor Peter Navarro had a meltdown on Sunday after one of his posts targeting India on its Russian oil purchase was flagged by a community note on X. However, this time he was fact-checked by a community of X users, who said that the oil trade was “for energy security, not just

Neutral on Indian Equities, GST Reforms to Boost Consumption: Report

New Delhi: A new report has maintained a neutral stance on the Indian equities, citing GST rationalisation boosting consumption and dollar weakness supporting emerging market (EM) equities and commodities. SBI Mutual Fund held a ‘neutral to cautious’ stance regarding debt, attributing this to slowing tax revenues and a shift in institutional allocations. In the fixed

Trump Cites ‘Secondary Sanctions’ on India As Proof of Tough Stance on Russia

Washington: US President Donald Trump on Wednesday highlighted his “secondary sanctions” on India as proof of its tough stance against Russia. While speaking to the press alongside Polish President Karol Nawrocki, Trump pushed back against criticism of his inaction on Russia, arguing that his measures against India demonstrated otherwise. “How do you know there’s no

Tag: US tariffs

Trump Cuts Tariffs on Food Imports; India’s Mango, Pomegranate & Tea Exports Set to Gain

US Senate Moves to Block Trump’s Global Tariffs in Rare Bipartisan Rebuke

US Tariffs Not a Matter of Huge Concern for India’s Growth: RBI Governor

IMF Ups India’s GDP Growth Forecast for 2025-26 Despite US Tariff Hike

Days After Talks, US Top Trade Official Calls India’s Approach Pragmatic

GST 2.0: The Landmark Reform Completing India’s Tax Overhaul

US Remains Top Destination For Engineering Exports: EEPC India

Social Media Users Fact-Check Peter Navarro’s ‘India’s Russian Oil Trade’ Comment on X

Neutral on Indian Equities, GST Reforms to Boost Consumption: Report

Trump Cites ‘Secondary Sanctions’ on India As Proof of Tough Stance on Russia

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