MSMEs in textiles, diamonds, chemicals to be most hit by U.S. tariffs: CRISIL Intelligence

[ad_1] Representational image only. | Photo Credit: Vijay Soneji “The imposition of higher tariffs by the U.S. will significantly impact the Micro, Small and Medium Enterprise (MSME) sector, which accounts for around 45% of India’s exports, while MSMEs in textiles, diamonds and chemicals are likely to be the most hit,” a report by CRISIL Intelligence […]

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India recommends import tariffs for three years on some steel products

[ad_1] Representational file image. | Photo Credit: Reuters India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China. The levy, if imposed, will start at 12%. It will be eased to 11.5% in the second year and to 11% in the third year, the Directorate […]

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50% tariffs on Indian exports to the U.S. will reduce demand “very substantially”: Moody’s Analytics

[ad_1] Moody’s added that the tariffs imposed by the U.S. have left countries across Europe and the Asia-Pacific region “feeling bruised”. File. | Photo Credit: Reuters The combined 50% tariff on Indian exports to the U.S. will reduce demand for Indian goods “very substantially”, Moody’s Analytics said in a report.  The report was talking about […]

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Will India cave in to U.S. pressure on Russian oil? | Explained

[ad_1] The story so far: On August 6, U.S. President Donald Trump announced a whopping 25% penalty tariff on Indian goods for India’s import of Russian oil. This was on top of the 25% reciprocal tariffs announced on July 31 after Indian and U.S. negotiators failed to reach a Free Trade Agreement (FTA). Also Read […]

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Govt may roll out ₹2,250 crore export promotion mission soon: Official

[ad_1] Image used for representative purpose only. | Photo Credit: Reuters The government is expected to soon announce support measures under the proposed ₹2,250 crore export promotion mission to help insulate industry from global trade uncertainties arising from Trump tariffs, an official said. “We are in dialogue with exporters to see how we can support […]

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Trump imposes additional 25% tariff on goods from India

[ad_1] U.S. President Donald Trump answers questions from reporters on August 5, 2025, in Washington. | Photo Credit: AP U.S. President Donald Trump issued an executive order on Wednesday (August 6, 2025) imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil. The move comes after Mr. […]

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WATCH | Trump’s tariffs on India — analysing the economic and strategic impact

[ad_1] U.S. President Donald Trump has announced a 25% tariff on Indian imports, along with an additional “penalty” targeting India’s defence and energy trade with Russia and its role in the BRICS alliance. In this LIVE analysis at 2:15 p.m., top experts examine how the Trump tariffs will impact Indian exports, India–U.S. trade negotiations, BRICS […]

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India, U.S. teams conclude fifth round of talks for proposed trade pact: Official

[ad_1] The U.S. seeks duty concessions on certain industrial goods, automobiles, especially electric vehicles, wines, petrochemical products, agricultural goods, dairy items, apples, tree nuts, and genetically modified crops. File | Photo Credit: Reuters India and the U.S. teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on […]

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