New Delhi: US President Donald Trump’s announcement of 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty, is expected to impact Apple’s plans to expand iPhone manufacturing in India as well as the export of other electronics to the US. The move comes at a time when…
Washington: US President Donald Trump said on Wednesday that the United States will impose a 25% tariff on goods imported from India starting on August 1. “While India is our friend, we have, over the years, done relatively little business with them because their tariffs are far too high, among the highest in the World,…
New York/Washington: India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country’s stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. The IMF released its World Economic Outlook (WEO) Update on Tuesday….
New Delhi: Congress leader Priyanka Gandhi Vadra’s reading of the names of the 25 Indian victims of the Pahalgam terror attack in the Lok Sabha on Tuesday led to a shouting match, with the treasury benches emphasising their identities as “Hindu” and the opposition MPs replying with a loud “Bharatiya”. Priyanka Gandhi read out the…
Kolkata: Diversified conglomerate ITC Ltd will invest Rs 20,000 crore in the medium term to expand its manufacturing footprint across sectors, Chairman Sanjiv Puri said on Friday. Speaking at the AGM, he said the company has already set up eight new manufacturing facilities in recent years as part of its growth strategy. Puri said the…
New Delhi: India has protected the interest of domestic farmers by excluding dairy products, edible oils and apples in the free trade agreement (FTA) with the UK while securing zero duties on 95 per cent of agriculture and processed food items. No tariff concession has been allowed on oats as well in the FTA, which…
Mumbai: The Enforcement Directorate on Thursday conducted simultaneous raids as part of an alleged Rs 3,000 crore worth bank loan fraud linked money laundering case against the companies of Reliance Group chairman Anil Ambani, official sources said. More than 35 premises in Mumbai belonging to 50 companies and 25 persons are being searched under the…
New Delhi: India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to USD 120…
New Delhi: Google Play and Android generated an estimated Rs 4 lakh crore in revenue for app publishers and the wider Indian economy in 2024, according to a latest report by economics, policy and opinion research consultancy Public First. India’s digital economy is one of the largest and fastest-growing in the world, experiencing unprecedented momentum…
New Delhi: Negotiations for the proposed bilateral trade agreement between India and the US were launched in March 2025, and so far, five rounds of talks have been held. Parliament was informed on Tuesday. Similarly, twelve rounds of negotiations have been held so far between India and the European Union (EU) for the proposed free…
