Bengal Exporters Optimistic After US Trade Deal
Kolkata exporters welcome new US trade agreement lowering tariffs to 18%, offering relief after 50% tariffs caused Rs 3,000-3,500 crore export decline over five months.
Kolkata exporters welcome new US trade agreement lowering tariffs to 18%, offering relief after 50% tariffs caused Rs 3,000-3,500 crore export decline over five months.
Senior Indian government officials announced the finalization of the India-US trade deal, stating it removes key uncertainty for businesses and is expected to boost exports and manufacturing sectors.
Reports of an India-US trade agreement triggered a sharp rally in the rupee and government bonds on Tuesday, with the currency posting its strongest single-day gain in seven years.
A US-India trade deal is set to enhance India's economic growth momentum, with GDP projected at 7.4% this fiscal year. Tariff reductions from 50% to 18% remove uncertainty and boost investor sentiment.
The recently signed US-India trade agreement is anticipated to positively impact foreign portfolio investment flows into India, potentially reversing massive outflows seen in recent months while strengthening the rupee and improving global investor sentim
India's steel, aluminium, and copper sectors continue to face steep 50% US tariffs under Section 232 national security provisions, despite a broader trade deal reducing some tariffs. Key exporters like Tata Steel, JSW Steel, and Hindalco navigate challeng
Lower US tariffs are providing Indian auto component manufacturers with a significant competitive advantage in international markets, reversing previous trade challenges.
Union budget proposes duty-free status for fish caught in exclusive economic zone and high seas, allowing direct exports from foreign ports. Andhra Pradesh's fishing sector could benefit with investment in deep-sea vessels.
Tamil Nadu's leather manufacturers are optimistic about rebuilding export volumes through the India-US trade deal, with 674 factories across key hubs like Ambur and Chennai poised for growth.
Prime Minister Narendra Modi reassured NDA MPs that the upcoming India-US trade agreement will safeguard Indian farmers' interests and not compromise their livelihoods.
Meghalaya government organizes Reverse Buyer-Seller Meet 2026 in Shillong with 28 international buyers from 16 countries and 100+ MSMEs to boost exports under RAMP scheme.
The proposed US-India trade agreement has reignited optimism in Surat's diamond manufacturing industry, with expectations of zero duty on loose diamonds potentially reversing recent export declines and stabilizing operations.
India and the United States have finalized a bilateral trade framework reducing US tariffs on Indian goods to 18% from 50%. The move enhances India's competitive edge in the American market, benefiting labor-intensive sectors.
Akasa Air has commenced flight services from Dibrugarh Airport, making it the airline's 32nd domestic destination and second in Northeast India after Guwahati, enhancing regional air connectivity.
Aqua farmers in Andhra Pradesh welcome US tariff reduction to 18% on Indian goods, potentially reviving shrimp exports to the crucial American market after years of struggle.
Two passenger aircraft—Air India and IndiGo—suffered a wingtip grazing incident at Mumbai's Chhatrapati Shivaji Maharaj International Airport. All passengers were safe, with both aircraft grounded for inspections.
Domestic drugmakers gain clarity under proposed India-US trade agreement, strengthening expansion plans in lucrative US market amid recent headwinds.
The Chairman of the Central Board of Indirect Taxes and Customs (CBIC) has detailed reforms in customs duties aimed at enhancing industrial growth, increasing exports, and improving ease of living for citizens.
The India-US trade agreement announcement includes tariff reductions, market access, and digital trade provisions. This analysis explains key points and potential economic benefits for both nations.
A minor incident occurred at Mumbai's Chhatrapati Shivaji Maharaj International Airport when the wingtips of an Air India and an IndiGo aircraft made contact. No injuries were reported, and authorities are investigating the cause.
US trade representative Jamieson Greer explains the 18% tariff on Indian goods, citing Washington's large trade deficit. The new agreement includes zero tariffs on several US products while protecting India's sensitive sectors.
India-US trade agreement enters final technical detailing phase, with US tariffs on Indian goods set to drop from 50% to 18%. The deal protects sensitive sectors like agriculture and dairy while boosting exports in textiles, gems, and machinery.
Former foreign secretary Harsh Vardhan Shringla reveals India's strategic decision to diversify oil imports, reducing dependence on single regions while addressing US trade deal benefits.
Former Indian Ambassador to the US Arun K. Singh says the India-US trade agreement reduces tariffs to 18%, removing competitive disadvantages for Indian exporters and improving perceptions of US reliability.
A senior government official states the upcoming India-US trade agreement will significantly enhance agricultural exports while addressing anxieties in the farm sector over market access and standards.
The US-India trade agreement announced by Trump and Modi faces scrutiny over missing details and timelines. Analysts describe it as political theater with real movement, highlighting tariff reductions and geopolitical implications.
A viral social media post about a woman Uber driver in Hyderabad has ignited discussions on gender disparities in India's gig economy, revealing why such stories remain rare and inspiring.
India's manufacturing sector and exports receive significant boost after US tariff reductions, expected to narrow current account deficit and stabilize rupee.
India's apparel industry is set for a major boost as a new trade agreement with the United States positions the country to become a global leader in garment exports, according to the Apparel Export Promotion Council chairman.
The US Trade Representative has confirmed that India will maintain certain protections for its agricultural sector during bilateral trade discussions, highlighting ongoing negotiations.