Trump admin pushes ahead with plans to implement 50% tariff on India; notice issued

The United States has announced a sharp increase in tariffs on Indian imports, doubling duties to 50 per cent from August 27. The move is aimed at pressuring India over its continued purchase of Russian oil as Washington pushes for an end to the war in Ukraine. New Delhi has strongly rejected the secondary tariffs, […]

Senior Japanese executives highlight India’s investment potential. They cite economic growth, demographics, and regulatory stability as key factors. Government initiatives like Make in India are also attracting foreign investment. Japanese firms see India as a prime destination due to its vibrancy and growth. Many Japanese companies operating in India are profitable.

Indian exporters are in a hurry to complete US orders before the increased tariffs take effect. Diamond jewellery, textiles, and marine products are being shipped quickly. Many factories are working overtime to meet the August 27 deadline. Air cargo is being used despite higher costs. Some exporters are exploring alternative routes via Dubai to reduce […]

Union Agriculture Minister Shivraj Singh Chouhan stated that India resisted US demands to import agricultural goods. This decision protects Indian farmers from unfair competition. Chouhan highlighted Prime Minister Narendra Modi’s call to buy indigenous products. He emphasized India’s confidence and talent. Relations between India and the US are strained due to increased tariffs.

The Indian government has lowered the minimum export price (MEP) for natural honey from USD 2,000 to USD 1,400 per tonne until December 31, 2025, as announced by the Directorate General of Foreign Trade. This revision, effective immediately, aims to boost exports, which reached USD 177.52 million in 2023-24, with key destinations including the US, […]

Madhya Pradesh aims for self-reliance and seeks central support for progress. The state focuses on growth without borrowing and has narrowed its fiscal deficit. Exports contribute significantly to the state’s economy. Madhya Pradesh encourages investments through reforms, incentives, and streamlined processes. The state promotes job creation and aims to double its budget in five years.

Commerce Minister Piyush Goyal addresses trade matters. He highlights India’s economic strength amid global shifts. India is re-engaging with its northern neighbor. The government is reviewing Press Note 3 on investments. Talks with the European Union are progressing rapidly. The focus is on protecting national interests in trade deals. The government aims to decriminalize laws […]

Indian Ambassador Vinay Mohan Kwatra engaged with US Congressmen on trade. Discussions focused on fair and mutually beneficial economic cooperation. This comes amid tariff disputes over India’s Russian oil purchases. Kwatra emphasized the importance of hydrocarbon purchases from the US for India’s energy security. White House Trade Advisor Peter Navarro criticized India’s oil purchases from […]

Indian envoy Vinay Mohan Kwatra engaged with US lawmakers, advocating for equitable trade relations amidst existing tariff disagreements. He emphasized the need for balanced and mutually advantageous trade ties during discussions with multiple congressmen. Kwatra also highlighted India’s increasing acquisition of hydrocarbons from the United States as crucial for its energy security.

The National Biostimulant Industry Federation (NBIF) is urging government intervention to address regulatory hurdles in India and high tariffs abroad, which are impeding the growth of the biostimulant sector. NBIF is requesting reforms across key ministries to support the industry, which is valued at Rs 40,000 crore and comprises over 5,000 SMEs.