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Indian goods to gain edge over China, others in US market after tariff cut to 18 pc: Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Sunday said Indian goods will have a competitive advantage in US markets compared to products from China and other competitor countries, which face higher levies, following the reduction in reciprocal tariffs to 18 per cent. India and the US have finalised a framework for the first…

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PM’s ‘no policy ping-pong’ doctrine anchors Budget; focus on stability, Viksit Bharat: Sitharaman

New Delhi: Prime Minister Narendra Modi’s emphasis on avoiding “policy ping-pong” has shaped the Union Budget 2026-27, which is anchored in policy stability while laying the pathways for the long-term vision of a ‘Viksit Bharat’ at its core, Finance Minister Nirmala Sitharaman said. Framed as the first Budget of a new five-year fiscal cycle and…

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India US Interim Agreement framework to support MSMEs integration into global value chains: FM

New Delhi: The India-US Interim Agreement framework will support Indian MSMEs in integrating into global value chains and lower costs for businesses and consumers, Finance Minister Nirmala Sitharaman said on Saturday. As part of the framework announced last night, both countries will reduce import duties on a number of goods to boost two-way trade. While…

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US, India reach framework for interim trade agreement: Joint statement issued by White House

Washington: The US and India on Saturday announced that they have reached a framework for an interim trade agreement, under which America will reduce tariffs on India to 18 per cent, according to a joint statement issued by the White House. It said the framework reaffirms the countries’ commitment to the broader US-India Bilateral Trade…

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India intends to purchase $500 bn of US goods over next 5 years: Joint statement

New Delhi: India plans to buy USD 500 billion worth of goods from the US over the next five years, including energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal, according to a joint statement. The two countries will significantly increase trade in technology products, including Graphics Processing Units and other…

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