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 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'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 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.
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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%.
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 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 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.
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.
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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.
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 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.
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 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.
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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.
Commerce Minister Piyush Goyal asserts sensitive sectors protected in Indo-US trade agreement. Parliament uproar continues over controversial memoir, opposition leaders suspended.
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.
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.
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.
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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.
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.
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.
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.
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.
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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.
The newly announced India-US trade agreement promises significant tariff reductions, boosting Indian exports while strengthening geopolitical ties between the two nations.
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
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, 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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Commerce Minister Piyush Goyal commended Prime Minister Narendra Modi for securing a landmark India-US trade agreement, while strongly criticizing Congress leader Rahul Gandhi in a recent video statement.
