Amid reciprocal tariff, NITI Aayog suggests ‘dual-track approach’ in India-US trade

New Delhi: In the aftermath of ‘reciprocal tariffs’ by the US, India should adopt the dual-track approach and selectively reduce high tariffs on non-sensitive agricultural commodities imports from Washington, while also strategically offering concessions where domestic supply gaps exist, a NITI Aayog working paper has said. The Aayog, in a working paper titled ‘Promoting India-US…

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GDP grows 7.4 pc in March qtr, 6.5 pc in FY25

New Delhi: India’s economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter. According to the data…

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