India's exports soar 2.56 per cent to USD 35.2 billion in June: Govt data
8 months, 2 weeks ago

India's exports soar 2.56 per cent to USD 35.2 billion in June: Govt data

India TV News  

The government of India on Monday released data on the exports by the nation in the month of June. According to the data, India's merchandise export in June increased by 2.56 per cent to $35.32 billion compared to $34.32 billion in June last year. In May, the country's merchandise exports increased by 9.1 per cent and reached USD 38.13 billion, even as the trade deficit widened to a seven-month high of USD 23.78 billion. During April-June in this fiscal year, the exports increased 5.84 per cent to reach USD 109.96 billion, while the imports grew 7.6 per cent to USD 172.23 billion. India's exports rose despite ongoing global challenges Earlier on Sunday, Commerce and Industry Minister Piyush Goyal said that India's exports recorded healthy growth in May and remained positive in June and the first quarter of the current fiscal despite global challenges.

India Exports Billion Cent Usd  positive  govt  growth  exports  indias  usd  increased  services  imports  256  cent  352  soar  billion  data

History of this topic

Report decodes India, US arithmetic on tariffs
2 days, 7 hours ago

Report decodes India, US arithmetic on tariffs

Hindustan Times  

With days left before Donald Trump announces reciprocal tariffs on April 2, Indo-US trade negotiations continue to take place. A report released by Barclay’s Chief India Economist Aastha Gudwani has analysed Indo-US trade in detail and suggests that India might take a cluster-wise approach to the negotiations. US’s trade deficit with India has increased significantly, but it is still relatively …

Indias exports are bound to grow despite global uncertainties: DGFT
4 days, 23 hours ago

Indias exports are bound to grow despite global uncertainties: DGFT

Live Mint  

New Delhi, Mar 26 India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. Sarangi said that in the current year, …

Indian defence production hit Rs 1.27 lakh crore in 2023-24, exports crossed Rs 21,000 crore
5 days, 3 hours ago

Indian defence production hit Rs 1.27 lakh crore in 2023-24, exports crossed Rs 21,000 crore

Firstpost  

Between 2014-15 and 2023-24, India’s defence production rose from Rs 46.2 thousand crore to Rs 1.27 lakh crore and exports rose from Rs 686 crore in 2013-14 to Rs 21,083 crore in 2023-24, according to the Ministry of Defence Indian Army's T-90 Bhishma tanks drive during the Republic Day parade in New Delhi, India. India’s defence production hit record high …

India's GDP grows 105% in 10 years, now at $4.3 trillion: IMF
Top News
5 days, 9 hours ago

India's GDP grows 105% in 10 years, now at $4.3 trillion: IMF

India Today  

India’s Gross Domestic Product has grown by 105% in the last ten years, doubling from $2.1 trillion in 2015 to $4.3 trillion in 2025. With Japan’s GDP currently at $4.4 trillion and showing no growth over the last decade, India is projected to overtake it within the next year. India’s rise to economic power has been marked by key milestones: …

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow
5 days, 17 hours ago

With Trump Tariffs On Horizon, India-US Trade Agreement Talks To Begin Tomorrow

ABP News  

Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agrement here on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. While the US has demanded greater market access in sectors like certain industrial goods, auto, wines and agriculture, India may look at duty cuts for labour intensive sectors like …

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report
Top News
5 days, 20 hours ago

India to cut levies on more than half of US imports as Trump's reciprocal tariffs deadline nears: Report

Firstpost  

Under a new trade deal between India and the US, New Delhi is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference …

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report
6 days, 1 hour ago

India’s GDP Expected To Grow 6.5% In FY26, With 75-100 Bps Rate Cut, Says Report

ABP News  

India's GDP is expected to grow at 6.5 per cent in the fiscal year ending March 31, 2026, demonstrating the country's resilience in the Asia-Pacific region amid global uncertainties, according to S&P Global Ratings’ report released on Tuesday. This projection assumes a normal monsoon season and soft commodity prices, particularly crude oil, as noted in the global financial institution's latest …

Exports rise 30 times, 'Made in Bihar' boots used by Russia: Defence report
6 days, 9 hours ago

Exports rise 30 times, 'Made in Bihar' boots used by Russia: Defence report

India Today  

India's defence production surged to a record high of Rs 1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. According to a report by the Ministry of Defence, defence exports have also hit a record Rs 21,083 crore in FY 2023-24, expanding 30 times in a decade, with equipment being …

India’s trade momentum remains strong despite global challenges: Unctad
1 week ago

India’s trade momentum remains strong despite global challenges: Unctad

Live Mint  

New Delhi: India’s trade performance remained strong in 2024, defying global economic uncertainties, with exports growing 6.3% for the calendar year, significantly outpacing global trade growth of 3.7%, according to the latest report by the United Nations Conference on Trade and Development. India’s total exports of goods and services reached a record $817.4 billion in calendar year 2024, up from …

India to contribute 6% of global trade growth in next five years as China and US lead: DHL report
1 week ago

India to contribute 6% of global trade growth in next five years as China and US lead: DHL report

Live Mint  

India is expected to drive global trade growth, contributing 6 per cent in the upcoming five years, according to a joint report from New York University Stern School of Business and DHL named “DHL Trade Atlas 2025.” According to the research report, India's contribution to global trade growth is expected to follow China's footsteps at 12 per cent and that …

India’s forex reserves rise USD 305 million to USD 654.3 billion last week
1 week, 1 day ago

India’s forex reserves rise USD 305 million to USD 654.3 billion last week

Live Mint  

New Delhi, March 23 : India's foreign exchange reserves rose USD 305 million to USD 654.271 billion in the week that ended on March 14. The latest RBI data showed that India's foreign currency assets, the largest component of forex reserves, stood at USD 557.186 billion. Estimates suggest that India's foreign exchange reserves are sufficient to cover approximately 10-11 months …

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015
1 week, 2 days ago

India’s GDP doubles to $4.3 trillion in 2025 from $2.1 trillion in 2015

Op India  

India has reached a remarkable economic milestone, doubling its GDP from USD 2.1 trillion in 2015 to an impressive USD 4.3 trillion in 2025, marking an extraordinary 105 per cent growth that stands unmatched by any other major global economy, said BJP leader Amit Malviya. In the post he added, “India has achieved a remarkable economic milestone, doubling its GDP …

Tariff-proofing India’s exports
1 week, 4 days ago

Tariff-proofing India’s exports

Hindustan Times  

The tariff turmoil from the United States is emerging as the biggest ‘known unknown’ for the global economy in 2025. Indian economy For some time now, the relative stability of the World Trade Organization -refereed trade regime has cultivated a wide-spread complacency with global trade ballooning nearly five times since the creation of WTO. The long entrenchment in stable global …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
1 week, 4 days ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

​High base effect: On a shrinking trade deficit, rising exports
Trending News
1 week, 5 days ago

​High base effect: On a shrinking trade deficit, rising exports

The Hindu  

India’s goods trade in February saw its steepest decline in nearly two years. While a shrinking trade deficit driven by rising exports would have been a positive development, the simultaneous decline in exports and imports is a cause for concern. The looming threat of reciprocal tariffs has unsettled Indian exporters, as the U.S. is India’s second-largest trading partner, accounting for …

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
Trending News
1 week, 6 days ago

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research

Live Mint  

New Delhi: India’s exports to the US could decline by 3-3.5% if Washington implements reciprocal tariffs next month, but this may be offset by ambitious targets in manufacturing and services, along with efforts to diversify exports, SBI Research said in a report on Monday. New Delhi also must boost value addition, tap new markets, and establish alternative trade routes from …

Indian port industry to grow 4-7 pc over next 5 years: Report
2 weeks, 1 day ago

Indian port industry to grow 4-7 pc over next 5 years: Report

Deccan Chronicle  

Indian port industry will grow at the rate of 4-7 per cent over the next five years, supported by rising imports, a decline in freight costs, and the normalization of global supply chains, according to a report by Motilal Oswal.As per the report, the cargo traffic is expected to grow at a steady annual rate of 3-6 per cent, with …

India's defence sector poised for significant growth amid global shifts: Report
2 weeks, 2 days ago

India's defence sector poised for significant growth amid global shifts: Report

Deccan Chronicle  

New Delhi: India’s defence exports are set to gain momentum as European nations ramp up spending to reduce their reliance on the United States for security. A report by brokerage firm Nuvama highlights that Europe’s limited manufacturing capacity and workforce shortages are creating opportunities for Indian defence manufacturers. India’s defence exports reached a record ₹21,083 crore in FY 2023-24, marking …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
2 weeks, 5 days ago

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s

Live Mint  

Higher government capex and a boost in consumption will fuel India's economic growth in FY26, exceeding 6.5 per cent in the next fiscal, Moody's ratings said on Wednesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing will help India's real GDP growth exceed 6.5% for fiscal 2025-26 from 6.3% in fiscal 2024-25,” Moody's …

India, US working on removing trade barriers: MoS
Trending News
2 weeks, 5 days ago

India, US working on removing trade barriers: MoS

Hindustan Times  

India and the US will focus on increasing market access for each other, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday after an Indian ministerial delegation concluded the week-long America visit, as the two sides work on a Bilateral Trade Agreement which they hope to …

India, US eye trade deal to boost market access, cut barriers: Govt tells Lok Sabha
2 weeks, 5 days ago

India, US eye trade deal to boost market access, cut barriers: Govt tells Lok Sabha

Live Mint  

New Delhi: India and the US plan to negotiate a mutually beneficial multi-sector Bilateral Trade Agreement aimed at increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday. Amid the ongoing tariff war with the US, India is closely watching potential disruptions to its …

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India
3 weeks, 2 days ago

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India

Live Mint  

New Delhi, : India's industrial production, measured by the Index of Industrial Production, is likely to surge to 3.7 per cent year-on-year in January 2025, up from 3.2 per cent in December 2024, according to a report by Union Bank of India. However, the report also highlights that despite this monthly increase, the IIP growth in January is likely to …

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks
3 weeks, 2 days ago

'India-US Trade Deal Aims To Reduce Tariffs, Increase Market Access': MEA After Trump’s Remarks

ABP News  

The Ministry of External Affairs on Friday said the proposed India-US trade agreement seeks to lower tariff and non-tariff barriers, expand market access, and strengthen supply chain integration. Responding to a question regarding the Trump administration’s remarks on retaliatory tariffs against India, Jaiswal also highlighted Union Commerce Minister Piyush Goyal’s recent visit to the US as part of ongoing efforts …

India Eyes $6B Export Boost with US Trade Deal
3 weeks, 2 days ago

India Eyes $6B Export Boost with US Trade Deal

Deccan Chronicle  

Chennai: The textile industry hopes that a zero-for-zero trade agreement with the US will increase exports by $6 billion in three years. The US contributed to 28.5 per cent of India’s total textile and apparel exports between January and November 2024. However, the recent trade tensions saw US firms partially moving away from China and this has benefited Vietnam and …

India is very high tariff nation: U.S. President Donald Trump
3 weeks, 3 days ago

India is very high tariff nation: U.S. President Donald Trump

The Hindu  

India is a very high tariff nation, U.S. President Donald Trump has said as he reiterated that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2. “And the big one will be on April 2, when reciprocal tariffs, so if India or China, or any of the countries that really…India is a very …

India is very high tariff nation: US President Donald Trump
Top News
3 weeks, 3 days ago

India is very high tariff nation: US President Donald Trump

Deccan Chronicle  

India is a very high tariff nation, US President Donald Trump has said as he reiterated that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2. And that'll be something very big," Trump said.This is the second time in as many days that Trump has remarked about India's tariffs.In his address to the …

Jairam Ramesh jabs PM over Trump threat: Only interested in 'tareef' not tariffs
3 weeks, 3 days ago

Jairam Ramesh jabs PM over Trump threat: Only interested in 'tareef' not tariffs

India Today  

Prime Minister Narendra Modi is only interested in 'tareef' and not concerned with tariffs, Congress general secretary Jairam Ramesh said on Friday and wondered where is the PM's "56-inch chest" is in dealing with US threats on the reciprocal tariff issue. He said Trump is redoing the entire rules of international trade and asserted that the US President's whole idea …

Trade talks heat up: US asks for petrochemical concessions, India eyes value chain
3 weeks, 3 days ago

Trade talks heat up: US asks for petrochemical concessions, India eyes value chain

Live Mint  

New Delhi: As Indian and US negotiators huddle in Washington to iron out issues in a potential trade deal, one of the key areas that has emerged is petrochemical trade, three people aware of the matter said on the condition of anonymity. Currently, India imports both raw materials—mostly crude oil—and finished goods of the petrochemical value chain from the US, …

Agriculture key focus in early India-US trade talks
3 weeks, 3 days ago

Agriculture key focus in early India-US trade talks

Hindustan Times  

Agricultural produce has emerged as one of the key focus areas of the ongoing discussions between India and the US for a trade deal, people familiar with the matter said, adding that despite popular perception, it is possible for either country to enhance market access for produce by reducing tariffs and removing non-tariff barriers. “It can be done on reciprocal …

India to grow at 6.5% in fiscal 2026 despite challenges: Crisil
3 weeks, 3 days ago

India to grow at 6.5% in fiscal 2026 despite challenges: Crisil

The Hindu  

India’s real gross domestic product growth will be steady at 6.5% in fiscal 2026 despite uncertainties stemming from geopolitical turns and trade-related issues led by U.S. tariff actions, Crisil said at its India Outlook seminar on Thursday. Over the past few years, we have built a few safe harbours against exogenous shocks — healthy economic growth, low current account deficit …

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs
3 weeks, 4 days ago

India-U.S. trade: Small exporters seek import duty cuts to counter U.S. steel, aluminium tariffs

The Hindu  

India's small engineering goods exporters have urged the government to cut import tariffs on some U.S. goods to try and achieve more favourable trade terms as President Donald Trump prepares to implement new steel and aluminium duties, the head of an industry body said. "Of India's $20 billion annual engineering goods exports, nearly $7.5 billion worth of shipments could be …

Engineering goods exports to the U.S. rose 18% to $1.62 billion in January
3 weeks, 4 days ago

Engineering goods exports to the U.S. rose 18% to $1.62 billion in January

The Hindu  

India’s engineering goods exports to the U.S. in January increased 18% year-on-year to $1.62 billion. For the 10 months ended January this fiscal, India’s engineering exports to the U.S. increased nearly 9% to $15.60 billion, EEPC India said on Wednesday. Cumulatively, during April-January in FY25 engineering goods exports were $96.75 billion, a 9.82% increase over the $88.10 billion in the …

Shifting trade patterns may open doors for India as U.S. targets Canada, China
3 weeks, 5 days ago

Shifting trade patterns may open doors for India as U.S. targets Canada, China

Live Mint  

Trade tensions flared on Tuesday after the US slapped stiff import tariffs on China, Canada and Mexico, drawing rebuke and retaliation from its trade partners, and opening up potential opportunities for a variety of Indian businesses. While Canada hit back with matching levies at the "unjustified" US action, China responded with its own tariffs, moved the World Trade Organization, and …

India's exports under pressure as US and EU tighten trade policies
3 weeks, 6 days ago

India's exports under pressure as US and EU tighten trade policies

India Today  

India’s exports are facing heightened challenges owing to aggressive trade policies from partners like the US and the European Union, said a senior trade ministry official on Tuesday, reported Reuters. Santosh Sarangi, head of the Directorate General of Foreign Trade, pointed to the increased import tariffs by the US and policies like the CHIPS Act, which support local manufacturing. He …

Battle for growth: On India’s economic trajectory
Trending News
3 weeks, 6 days ago

Battle for growth: On India’s economic trajectory

The Hindu  

There was a significant uptick in India’s economic trajectory, in the December quarter of this financial year, registering a 6.2% real GDP growth rate, compared with a low revised estimate of 5.6% in the previous quarter. The 6.2% growth rate also suggests that the government’s full-year growth target of 6.5% is virtually unattainable, given global headwinds of tariffs that could …

India’s GDP growth picks up in Q3 at 6.2%
4 weeks, 2 days ago

India’s GDP growth picks up in Q3 at 6.2%

Hindustan Times  

The Indian economy grew at 6.2% in the quarter ending December 2024, according to data released by the National Statistical Office on Friday that also revised upward growth for 2022-23 and 2023-24 to 7.6% and 9.2%, which means the extent of the slowdown in 2024-25 is worse than previously estimated. The latest GDP numbers also mean that the Indian economy …

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year
1 month ago

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year

The Hindu  

India’s real Gross Domestic Product grew 6.2% in the October to December 2024 period, the third quarter of the fiscal year, picking up pace from the 5.6% growth recorded in the previous quarter, according to data released by the National Statistics Office on Friday. “On the demand side, recovery in consumption growth, government expenditure and export growth look encouraging.” Exports …

GDP growth at 7.8% for 22 years: World Bank on how India can become high-income nation by 2047
1 month ago

GDP growth at 7.8% for 22 years: World Bank on how India can become high-income nation by 2047

Firstpost  

India is now less open to trade than it was a decade ago. A World Bank report released Friday highlights that India must log an annual growth rate of 7.8 per cent over the next 22 years to achieve that goal. In a report titled ‘Becoming a High-Income Economy in a Generation,’ the World Bank said the ambitious target is …

US reciprocal tariffs may hit India’s exports by up to $7 billion in FY26: Ind-Ra
1 month ago

US reciprocal tariffs may hit India’s exports by up to $7 billion in FY26: Ind-Ra

Firstpost  

India Ratings and Research estimates suggest that should reciprocal tariffs be imposed by the US, India’s exports to the US may decline anywhere between USD 2 billion and USD 7 billion in FY26. Ind-Ra on Friday said India’s exports to the US may decline by USD 2 billion to USD 7 billion in FY26 if the US implements the reciprocal …

India needs tariff cuts, reforms to boost investments: World Bank
1 month ago

India needs tariff cuts, reforms to boost investments: World Bank

India Today  

India must lower import tariffs and introduce regulatory reforms to attract more foreign investment, according to a World Bank report released on Friday. "Relatively high import tariffs, especially on intermediate and capital goods, and significant non-tariff barriers contribute to high trade costs which inhibit greater openness in terms of imports and exports as well as fuller participation in global value …

Bihar's economy has increased from Rs 2.47 lakh crore in 2011-12 to Rs 8.54 lakh crore in 2023-24
1 month ago

Bihar's economy has increased from Rs 2.47 lakh crore in 2011-12 to Rs 8.54 lakh crore in 2023-24

New Indian Express  

The share of tax revenue in total receipts increased from 75.3 per cent in 2019-20 to 83.8 per cent in 2023-24, he said, adding that in 2023-24, grants-in-aid represented 13.5 per cent of total receipts, totalling Rs 26,125 crore, while non-tax sources contributed 2.7 per cent, amounting to Rs 5,257 crore. "In horticulture, between 2022-23 and 2023-24, the total mango …

India’s GDP growth likely improved to 6.3% in December quarter: Mint poll
1 month ago

India’s GDP growth likely improved to 6.3% in December quarter: Mint poll

Live Mint  

India’s economic growth likely rose to 6.3% in the December quarter from 5.4% the previous quarter after a rise in government spending and a revival in consumption, especially in rural areas, provided support, according to a median estimate of 23 economists polled by Mint. “India’s economic performance in Q3FY25 benefitted from a sharp ramp-up in aggregate government spending on capital …

Aim for threefold surge in exports to $100 bn in seven years: Goyal to electronics sector
1 month ago

Aim for threefold surge in exports to $100 bn in seven years: Goyal to electronics sector

Live Mint  

New Delhi: India’s electronics goods sector should target to boost exports by more than threefold to over $100 billion over the next seven years, said Union commerce minister Piyush Goyal, emphasizing the need for stronger supply chains and globally competitive pricing amid global trade headwinds. The sector should prioritize consumer interests and strike a balance between industry growth and affordability, …

Our aim is to reach ₹50,000 crore in defence exports by 2029, says Rajnath
1 month ago

Our aim is to reach ₹50,000 crore in defence exports by 2029, says Rajnath

The Hindu  

The Union Defence Minister Rajnath Singh on Monday said India had achieved 88% self-sufficiency in ammunition production, and defence exports had reached about ₹23,000 crore in 2023-24. “Our goal is to reach ₹50,000 crore in defence exports by 2029,” Mr. Singh said. He called on IIT Mandi’s students to contribute to this vision by focusing on technological solutions that would …

Govt plans to seek inputs on potential tariff & policy adjustments for greater market access for US goods, services
1 month, 1 week ago

Govt plans to seek inputs on potential tariff & policy adjustments for greater market access for US goods, services

Live Mint  

New Delhi: The Centre will shortly tap various ministries for inputs on tariff and policy tweaks to enhance market access for American goods and services ahead of upcoming trade talks with the US, four people aware of the plans said. Mint reported on 15 February that India plans to counter Trump’s reciprocal tariffs plan with data to show that most …

Declining exports to Asian peers sees export-GDP ratio fall 5 per cent in 10 yrs
1 month, 1 week ago

Declining exports to Asian peers sees export-GDP ratio fall 5 per cent in 10 yrs

Deccan Chronicle  

Chennai: India’s export-GDP ratio has declined from 17.16 per cent to 12.37 per cent in the past ten years mainly due to the weakening shipments to its Asian peers, including China. Saudi Arabian exports remain at $11 billion in these 10 years and shipments to Iran have dropped from $4.1 billion in FY15 to $1.2 billion in FY24. US exports …

‘India’s machinery import from Germany grew 2.2 % in 2024’
1 month, 1 week ago

‘India’s machinery import from Germany grew 2.2 % in 2024’

The Hindu  

India’s import of machinery and equipment from Germany in 2024 increased 2.6% to 4,298 million Euros, according to VDMA, an organisation for the machinery and equipment manufacturing industry in Germany and Europe. “German machinery and equipment manufacturing companies exported goods worth 199.6 billion Euros in 2024, which was 5% lesser than the exports during 2023,” VDMA said in a press …

Donald Trump’s Reciprocal Tariffs: How will it alter India-US trade basket? Decoding the impact
Trending News
1 month, 1 week ago

Donald Trump’s Reciprocal Tariffs: How will it alter India-US trade basket? Decoding the impact

Live Mint  

Trade relations between the US and India are in focus after US President Donald Trump plans to impose reciprocal tariffs on trading partners. Goods exported from India to US Amount Engineering goods $3.07 billion Electronic goods $ 2.11 billion Gems and Jewellery $ 1.83 billion Drugs and Pharmaceuticals $ 1.68 billion RMG cotton including accessories $ 862 million What India …

US Tariffs Threaten Indian Exports Across Sectors
1 month, 1 week ago

US Tariffs Threaten Indian Exports Across Sectors

Deccan Chronicle  

Chennai: If reciprocal tariffs by the US come into effect, pharmaceuticals are likely to face 10.9 per cent tariff, diamonds and jewellery 13.3 per cent, and electronics 7.2 per cent. Indian pharmaceutical exports to the US valued $12.7 billion currently face 0.01 tariff, while $567 million worth imports from the US face 10.91 per cent tariffs, resulting in a tariff …

Farm exports to US face 4.9 per cent additional duty if Trump levies reciprocal levies
1 month, 1 week ago

Farm exports to US face 4.9 per cent additional duty if Trump levies reciprocal levies

New Indian Express  

MUMBAI: Indian farm exports may soon face higher tariffs in the United States under a new Reciprocal Tariff Plan announced on February 13. Currently, US goods entering India face a weighted average tariff of 7.7%, while Indian exports to the US are charged only 2.8%, creating a 4.9% difference. At present, Indian farm products exported to the US face a …

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