[ad_1] Talks on the reciprocal tariffs aspect of the proposed BTA were derailed in August following the levy of a total 50% tariff on imports from India. | Photo Credit: Getty Images/iStockphoto In an indication that some of the trade tensions between India and the U.S. might be getting ironed out, a senior government official […]
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[ad_1] Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Government has come up with an “action plan” to respond to the tariff escalation by the U.S., which includes short-, medium-, and long-term measures aimed at not only addressing the short-term pain points, but also increasing long-term competitiveness, the spokesperson of the […]
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[ad_1] The Hindu has learnt from various export promotion bodies that the liquidity crunch is a major concern for exporters as they have already bought the stock that they would have exported to the U.S. under normal circumstances. | Photo Credit: Getty Images/iStockphoto The Government has come up with an “action plan” to respond to […]
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[ad_1] The imposition of 50% tariffs (25% reciprocal plus 25% penalty) by the U.S. on gem and jewellery is expected to lead to a revenue fall of India’s natural diamond polishing industry by a steep 28-30% to $12.50 billion this fiscal, compared with $16 billion last fiscal, CRISIL Ratings said in a note. The blow will […]
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[ad_1] The government on Thursday, August 28, 2025, extended duty-free import of cotton by three more months till December 31 to support textile exporters facing steep 50% tariffs in the U.S. File Indian textile industry can import cotton without duty till the end of December this year, said a statement from the Finance Ministry on […]
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[ad_1] The additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect Wednesday (August 27, 2025), bringing the total amount of levies imposed on New Delhi to 50 per cent. The Department of Homeland Security (DHS), in a draft order published on Monday (August 25, […]
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[ad_1] India is planning dedicated outreach programmes in 40 countries, including the UK, Japan, and South Korea, to push textiles exports amid a 50% tariff imposed by the U.S. on Indian products, an official said on Wednesday. Other nations include Germany, France, Italy, Spain, the Netherlands, Poland, Canada, Mexico, Russia, Belgium, Turkiye, the United Arab […]
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[ad_1] Lovely Professional University in Punjab’s Jalandhar. | Photo Credit: X/@lpuuniversity Aam Aadmi Party (AAP) Rajya Sabha MP Ashok Kumar Mittal on Saturday (August 23, 2025) said that if the 50% tariff hike on Indian goods comes into effect on August 27, all soft drinks and beverage companies of the United States of America will be banned from […]
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[ad_1] Representative image | Photo Credit: The Hindu The Indian government is tweaking its earlier plans for an Export Promotion Mission to make it more targeted towards specific sectors in the wake of the increased tariffs imposed by the U.S. on imports from India, The Hindu has learnt. This would entail reducing the cost of […]
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[ad_1] Representative image | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day higher by just 3 paise at 87.69 (provisional) against the U.S. dollar on Thursday (August 7, 2025), after U.S. President Donald Trump slapped an additional 25% duty — doubling it to 50% — on Indian goods, […]
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