US Trade Rep Notes India's Agricultural Protection in Trade
The US Trade Representative has confirmed that India will maintain certain protections for its agricultural sector during bilateral trade discussions, highlighting ongoing negotiations.
Category : Trade & Export
Goyal on PM Modi's Support for Agriculture in US Trade Deal
Commerce Minister Piyush Goyal emphasized that Prime Minister Narendra Modi has consistently championed the agriculture and dairy sectors, safeguarding their interests in the ongoing US trade deal negotiations.
India's Customs Revenue Growth Slows to 5% in FY27: Strategic Move
India's FY27 budget projects 5% customs revenue growth, down from 11% in FY26, reflecting trade liberalization and duty cuts to boost manufacturing competitiveness, as explained by CBIC chairperson Vivek Chaturvedi.
India-US Trade Deal: Seafood, Rice Exporters Cheer, Others Wait
India's seafood and rice exporters are celebrating the new trade deal with the US, while other sectors await the government's decision on broader market access and tariff reductions.
India to Limit Russian Oil Imports Under US Trade Deal
India will restrict crude oil purchases from Russia under a trade understanding with the US, securing tariff relief. Refiners will honor existing contracts but not place new orders, with Nayara Energy likely exempt.
India's $100B Annual US Import Commitment for 5 Years
India has committed to purchasing $100 billion worth of American products annually for five years, focusing on energy, technology, and aircraft parts. The US reduces tariffs from 50% to 18%.
India-US Trade Deal: Trump Says India Won't Buy Russian Oil
A major India-US trade deal slashes tariffs significantly, but controversy erupts as Trump claims India will stop Russian oil imports and Rahul Gandhi accuses PM Modi of compromise.
India to Restrict Russian Oil Imports to Irreplaceable Supplies
India plans to restrict Russian oil imports, purchasing only where supplies are irreplaceable, amid global pressure and sanctions. This strategic move aims to balance energy security with diplomatic relations.
India to Continue Russian Oil Imports Despite US Trade Deal
India is expected to maintain Russian oil imports at 1.1-1.3 million barrels daily through early Q2, with gradual reduction likely rather than immediate halt despite US trade deal claims.
US Tariff Cut to Boost India's Exports, Says FM Sitharaman
Finance Minister Nirmala Sitharaman announced that India's exports are set to receive a significant boost following the United States' decision to cut tariffs on certain Indian goods.
India-US Trade Deal: 18% Tariff, But Questions Remain
The India-US trade deal announced a tariff reduction to 18%, boosting markets. However, crucial details on Russian oil, US imports, and $500B purchase commitments remain unanswered.
India-US Trade Deal to Boost Andhra Aqua Exports by 2026
The India-US trade deal is expected to revive Andhra Pradesh's aqua sector, with exports likely to return to pre-tariff levels by late 2026. Processor margins are set to rebound from 5-5.5% to 7-8%, aided by Union Budget 2026 duty concessions.
US Slashes Tariffs on Indian Goods to 18%: Sitharaman
US President Donald Trump's decision to reduce tariffs on Indian goods from 50% to 18% will boost exports, says Finance Minister Nirmala Sitharaman. The move follows a trade deal requiring India to lower trade barriers and stop Russian oil purchases.
Goyal: Trump Announced US Tariff Reduction After Reciprocal Hike
Commerce Minister Piyush Goyal stated that the US government's announcement to reduce tariffs came from Donald Trump after reciprocal tariff impositions. He emphasized the deal's potential benefits for India's poor, fishermen, farmers, and youth.
Amazon's EU Data Center Growth Hindered by Grid Delays
Amazon faces significant challenges in expanding its data center footprint across Europe due to prolonged delays in securing power grid connections, with wait times up to 7 years.
Trump's 18% Tariff Cut Revives UP Leather Industry
US President Donald Trump's decision to slash tariffs to 18% on Indian products brings relief to Kanpur and Unnao's leather industry, enabling exporters to recover lost business after a 50% duty crippled exports.
Goyal on Indo-US Deal, LS Uproar Over Memoir
Commerce Minister Piyush Goyal asserts sensitive sectors protected in Indo-US trade agreement. Parliament uproar continues over controversial memoir, opposition leaders suspended.
India-US Trade Deal Boosts Andhra Shrimp Exports
The India-US trade agreement brings tariff cuts, offering hope to Andhra Pradesh's shrimp farmers and exporters who face a 20% duty disadvantage against global competitors.
Russia Rejects Trump's Claim on India Stopping Russian Oil Imports
Moscow contradicts former US President Donald Trump's assertion that India agreed to stop importing Russian oil as part of a new India-US trade agreement. Russia states it has received no official communication from New Delhi regarding such a halt.
India-US Trade Deal Boosts Electronics & Semiconductor Ecosystem
The landmark India-US trade agreement promises significant growth for electronics, semiconductors, and technology sectors, addressing supply-chain risks and economic stability for US chip firms.
Goyal Lauds Historic US-India Trade Deal, Credits PM Modi
Union Minister Piyush Goyal praises the landmark US-India trade agreement as a major achievement under PM Modi's leadership, promising benefits for farmers, youth, and export sectors while protecting sensitive industries.
India's Agri, Dairy Protected in US Trade Deal: Goyal
Commerce Minister Piyush Goyal assures India's agriculture and dairy sectors are fully safeguarded in the India-US trade deal, with a joint statement detailing the agreement expected soon.
India-US Trade Deal Nearing Completion, Joint Statement Soon
Commerce Minister Piyush Goyal announces that India and the US are close to finalizing a trade deal, with a joint statement and detailed terms to be released shortly, marking a significant step in bilateral economic relations.
India-US Trade Deal Finalized, Agri-Dairy Protected
Commerce Minister Piyush Goyal announces the India-US trade agreement is being finalized, emphasizing robust protection for India's agriculture and dairy sectors. The deal focuses on balanced trade benefits.
US Tariff Cut Sparks Job Revival in Indian Textile Hubs
The US decision to slash tariffs on Indian goods from 50% to 18% is expected to revive exports and create jobs in textile and gems hubs like Tiruppur and Surat after months of layoffs.
US-India Trade Deal: Tariffs Cut to 18%, Russian Oil in Focus
The United States and India announce a landmark trade agreement, reducing US tariffs on Indian goods to 18% and deepening economic cooperation. The deal addresses market access, energy purchases, and strategic ties.
India-US Trade Deal: Gains for Exporters & Bilateral Ties
The newly announced India-US trade agreement promises significant tariff reductions, boosting Indian exports while strengthening geopolitical ties between the two nations.
US Tariff Cut Boosts Indian Seafood, Basmati Exports
The US decision to lower reciprocal tariffs from 25% to 18% and remove punitive duties is set to significantly enhance Indian seafood and basmati rice competitiveness in American markets, with exports projected to grow substantially in the next fiscal yea
Goyal: India-US Trade Deal Best Compared to Neighbors
Commerce Minister Piyush Goyal praised the India-US trade agreement as a tremendous opportunity, crediting PM Modi's leadership and highlighting benefits for farmers and MSMEs.
Indigo Cancels Flights Over Iranian Airspace Amid US-Iran Tensions
IndiGo, India's largest airline, has restricted operations over Iranian airspace and cancelled several flights due to escalating tensions between the US and Iran, impacting travel routes and passenger schedules.
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