Tag: US tariffs on India

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Posted in Economy

‘Relieve the tariff,’ US senator says Indian envoy asked him to convey to Trump amid oil squeeze

New York/Washington: US Senator Lindsey Graham has claimed that Indian Ambassador to the US Vinay Kwatra informed him about New Delhi reducing its purchases of…

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The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg)
Posted in Business

Sensex, Nifty 50 see muted start as IT stocks decline on US tariff concerns| Business News

India’s stock market was subdued at the open today, with a drop in IT stocks and concerns over US tariffs offsetting positive business updates that…

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Posted in Economy

US should sign trade deal if happy with offer: Piyush Goyal

The US should sign the trade agreement with India if Washington is happy with what has been offered by New Delhi, commerce and industry minister…

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Posted in Economy

Budget 2026: What a year of trade data tells us about India’s economic priorities

India’s upcoming Union Budget 2026 is expected to place trade policy at the heart of its economic strategy. A widening merchandise trade deficit, shrinking exports…

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India's exports fell 11.8% year-on-year to $34.38 billion in October, while imports stood at $76.06 billion, rising 16.6% from the year-ago period. (Reuters)
Posted in Business

India’s trade deficit widens to a record as exports show impact of US tariffs| Business News

India’s trade deficit widened to a record in October 2025 as imports rose due to higher domestic demand after a cut in consumption tax, while…

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FM Sitharaman meets leading economists on FY27 Budget

Ahead of the Union Budget 2026-27, Finance Minister Nirmala Sitharaman on Monday met leading economists to elicit their views on the forthcoming Budget. Those present…

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Posted in Economy

Trump may visit India next year even as trade talks hang in air

US President Donald Trump indicated that he could travel to India next year, telling reporters at the White House that Prime Minister Narendra Modi wants…

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Posted in Economy

Non-US markets make up for loss of exports for India

New Delhi: India’s export diversification strategy to cushion the impact of steep 50% tariffs imposed by the US has begun showing results with its cotton…

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Amazon’s exporter base in India has grown by a third in year to about 2 lakh sellers, spanning 28 states and seven union territories. (AFP)
Posted in Business

Amazon targets India e-commerce exports of $80 billion by 2030 despite US tariffs| Business News

Amazon.com Inc. says its e-commerce exports from India has surpassed $20 billion, including nearly $7 billion this year, despite the punitive US tariffs on the…

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Nearly 55% of India's exports to the US were affected by the tariffs. (Reuters)
Posted in Business

India’s exports to US in September plunge the most since the beginning of 2025 due to US tariff impact| Business News

India’s exports to the US fell in the first full month since 50% US tariffs on Indian goods came into effect, underscoring the country’s reliance…

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