Category: Economy
US tariff threat puts exporters on the edge
New Delhi: The impact of potential new tariffs on Indian exports under the US’ Lindsey O Graham Sanctioning Russia and Iran Act can be assessed…
India proposes 8 guardrails in softening of stance on plurilateral pacts at WTO
New Delhi: In a softening of stance on plurilateral agreements at the World Trade Organization (WTO), India has suggested eight safeguards such as preserving consensus-based…
India’s festive food exports see demand surge ahead of Diwali: TPCI
New Delhi: Driven by an appetite for traditional delicacies and convenience foods, India’s food and beverage (F&B) export sector is experiencing a buoyant demand surge…
India-US tariff saga under Trump: A look at key turning points
New Delhi: A sweeping U.S. sanctions and tariff bill has emerged as the latest flashpoint between New Delhi and Washington, adding pressure to ties already…
India secures 1.9 MT steel export quota to EU, expects total access to reach 2.8 MT
New Delhi: India has received country-specific tariff-rate quota of 1.9 million tonne (MT) annually for steel exports to the European Union, while the government expects…
Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge
The Finance Ministry on Thursday rejected allegations that US pressure influenced the decision to impose a 0.4% Merchant Discount Rate (MDR) on select UPI payments,…
AITUC calls for periodic revision of wage ceiling under EPFO
The All India Trade Union Congress (AITUC) AITUC has called for a regular and automatic mechanism for periodic revision of the wage ceiling under the…
India’s August exports rise 26.1%, trade deficit narrows to $26.9 billion
Kolkata: India’s merchandise exports accelerated sharply in August, rising 26.1% year-on-year to $43.8 billion from 19.6% growth in July, even as slower import growth helped…
India must not let energy security become a US trade ‘weapon’, warns GTRI
Washington could use the threat of tariffs of up to 100% to pressure India into cutting Russian oil purchases and making concessions in a bilateral…
India rice output set for biggest drop in nearly 20 years as weak rains hit yields
Mumbai: India’s rice production is set to fall this year for the first time in a decade, and by the most in nearly 20 years,…