New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday told the Lok Sabha that the sensitive sectors of the country, like agriculture and dairy, are completely protected in the India-US trade deal. He said that the US tariffs for Indian goods will be reduced to 18 per cent. It was 50 per cent earlier….
The recent US tariff rollback on Indian exports, effective February 2, 2026, has slashed the effective duty from a burdensome 50% (25% base tariff plus 25% penalty) to 18%, following India’s commitment to cease Russian oil purchases. This move, announced by President Donald Trump after discussions with Prime Minister Narendra Modi, ends a protracted trade…
New York/Washington: The US said India will lower tariffs on a “vast array” of American industrial and agricultural goods, such as “fruits, vegetables”, to zero percent under the trade deal announced by President Donald Trump. The US described this as a “big win” while noting that India will continue to control “certain key areas” that…
Mumbai: Wingtips of Air India and IndiGo planes came in touch with each other at the Mumbai airport on Tuesday evening, and both aircraft have been grounded for checks, according to officials. All passengers are safe. While Air India’s plane was waiting on the taxiway prior to take off, the IndiGo aircraft was taxiing after…
Mumbai: Benchmark stock index Sensex zoomed 2,072 points while the broader Nifty closed above the 25,700 level on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent. The 30-share BSE barometer closed at 83,739.13, up 2,072.67 points…
New Delhi: Commerce Minister Piyush Goyal on Tuesday said India has got a very good trade deal with the US, better than competitors, without compromising interest of the agriculture and dairy sectors. Without giving details of what has been agreed with Washington, Goyal said the trade deal is in the final stages, and an Indo-US…
Mumbai: Stock market benchmark indices Sensex and Nifty surged in early trading session on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. The 30-share BSE Sensex jumped 3,656.74 points to…
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday welcomed the reduction in United States’ tariffs on Indian goods, describing the development as a major boost for the ‘Made in India’ initiative. Taking to social media platform X, the finance minister said that Indian products would now face a reduced reciprocal tariff of 18 per cent….
New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday said the India-US trade agreement will open up huge opportunities for domestic farmers, MSMEs, entrepreneurs, and skilled workers, and promote the Make in India initiative. India and the US have agreed to a trade deal under which Washington will bring down the reciprocal tariff on…
Singapore: India remains a key strategic focus, with momentum building steadily through both inbound and outbound business engagements, said Neil Parekh, chairman of the Singapore Indian Chamber of Commerce and Industry (SICCI). Over the past year, SICCI has hosted multiple Indian delegations in Singapore, including senior government, institutional and university-led groups, creating direct dialogue with…
