Daily Latest News
US President Donald Trump, who had threatened more tariff on various issues, is making good on his promise. Today he announced his intention to impose “a 100% Tariff on any and all movies that are made outside of the United States” and “substantial tariffs on any country that does not make its furniture in the…
New Delhi: Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said the ongoing US-India Tariff issue might be resolved soon. Speaking at the Bharat Chamber of Commerce in Kolkata Nageswaran said that the issues are likely to be solved in the next 8-10 weeks, adding that conversations are already being held between both the…
Washington DC5 minutes ago Copy link Trump’s trade advisor Peter once again justified the 50% tariff on India. Trump’s trade advisor Peter Navaro has accused Indian Brahmins of profiteering by purchasing Russian oil. He said that the Brahmins of India are earning profits from Russian oil, the cost of which the whole of India is…
New Delhi: The industry, on Saturday, welcomed the important step taken by the Directorate General of Foreign Trade (DGFT) extending the Export Obligation (EO) period under advance authorisation for products subjected to mandatory Quality Control Orders (QCOs) issued by the Department of Chemicals and Petrochemicals (DCPC). In respect of QCOs notified by the Ministry of…
New Delhi: The extreme US tariffs are nothing less than “economic blackmail”, but they may also be the shock therapy India needs to break free of complacency and dependence, economists have stressed. If industry, policymakers, and diplomats act in concert, today’s tariff terror could become tomorrow’s trigger for transformation, they added. “The task ahead is…
New Delhi: As the higher US tariffs against Indian goods set to come into effect from Wednesday (US time), sectors such as textiles and gems and jewellery — both labour-intensive industries — are expected to face moderate pressures while pharmaceuticals, smartphones and steel are relatively insulated due to exemptions, existing tariff structures and strong domestic…
New Delhi: The United States has imposed an additional 25 percent tariff on Indian products, effective August 27, 2025. However, limited relief has been offered through in-transit exemptions. Goods shipped before 12:01 am EST on August 27 and those cleared for consumption before September 17, 2025, may avoid the 50 percent duty—provided importers certify compliance…
New DelhiA few moments ago Copy link The US government has released an official notification imposing 25% additional tariffs on imports from India. This tariff imposed as a fine will be applicable on August 27 at 12:01 pm (EST) at Indian time (9:31 am). President Donald Trump announced this tariff as a fine on oil…
New Delhi: As the August 27 deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts and global reports say that a total of 50 per cent tariff is unlikely to significantly impact India’s growth due to a robust domestic demand. While labour-intensive textiles and gems and jewellery…
New Delhi: India’s long-term growth prospects remain intact despite high US tariffs, as the government continues to push economic reforms and raise living standards, S&P Global Ratings said. Strong economic growth, political will for fiscal consolidation, and a supportive monetary policy framework to control inflation were the main reasons given by the agency for upgrading…