Tag: US tariffs
High US tariffs to cut Indian leather industry revenue by 10-12% this fiscal: Crisil Ratings
Revenues of Indian leather and allied product firms will decline by 10-12 percent this fiscal following the steep 50 percent tariffs imposed by the US,…
Exports record positive growth in 24 nations in Apr-Sep; reflect market diversification
New Delhi: Reflecting a clear trend of market diversification, Indian exporters registered positive growth in 24 countries during the first half of the current fiscal…
Goods exports up 6.7% in September, trade gap widens
India’s merchandise exports rose 6.7% year-on-year in September to $36.38 billion, reflecting continued resilience despite global headwinds. However, a sharper rise in imports pushed the…
Indian steel exporters seek relief in India-EU FTA amid rising tariffs
New Delhi: Indian steel exporters are pinning hopes on the India-European Union negotiations for a free trade agreement (FTA) to mitigate the adverse impact of…
World Bank economist says for lower tariffs & trade pacts can transform India’s manufacturing and exports
India could unlock transformative growth in manufacturing and exports by combining tariff reductions with broader trade agreements that expand market access and ease non-tariff barriers,…
Issues with US need to be resolved, actively working on them, says EAM Jaishankar
Minister of External Affairs Dr S Jaishankar on Sunday affirmed that India is trying to resolve the trade issues with the United States. He also…
Trump and tariffs could decide the course of RBI rate revision
MUMBAI: Low inflation has stepped up expectations of rate cuts, but their size and timing hinge on growth trends, with the impending trade deal between…
RBI MPC: Malhotra & co flag US tariffs as key headwind for Indian exports and growth
In its bimonthly monetary policy report, the Reserve Bank of India (RBI) noted that “uncertainties on tariffs were still evolving, and the impact of past…
Government extends RoDTEP by six months to support exporters
New Delhi: The government on Tuesday extended a key export support measure-the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme-by six months till…
25K prawn farmers, 62 seafood entrepreneurs in Odisha affected by US tariff hike: Minister
The recent tariff hike imposed by the US on Indian goods has directly affected 62 seafood processing entrepreneurs and indirectly impacted 25,000 prawn farmers of…