business

US President Donald Trump's 26% tariff on Indian imports comes into force

The 26% tariff on Indian imports, effective today, marks a significant step in President Trump’s trade strategy, responding to what he calls unfair trade practices and aiming to balance economic relations.

Sensex drops over 3.5%, Nifty falls 1,000 points amid trade war fears

US customers demand discounts as tariff hike disrupts pricing for Indian exporters

PM Modi proposes linking UPI with BIMSTEC payment systems to boost regional trade

Trump declares 'economic independence' with 26% tariff on Indian goods

Citing India’s steep 52% tariff burden on US goods, US President said he opted for a calibrated response by imposing half in return.

US imposes reciprocal tariffs on India, seeks to address trade imbalances

US President Donald Trump has announced a 27% reciprocal tariff on India, aiming to address longstanding trade imbalances and enhance US competitiveness, especially in key sectors such as textiles and manufacturing.

India, US edge closer to trade deal as PMO steps in

The move, coming just a day before US reciprocal tariffs take effect on April 2, marks a significant push towards resolving longstanding trade disputes.

Indian ice cream industry sees fourfold growth, poised to reach ₹45,000 crore by 2028

The Indian ice cream market has grown significantly over the last decade, driven by rising disposable incomes, changing preferences, and expanding distribution channels, with projections to reach ₹45,000 crore by 2028.

India urges FATF to ease compliance for cross-border payments through UPI

India aims to reduce compliance hurdles for UPI in cross-border payments, seeking Financial Action Task Force’s (FATF) support to enhance its global use and competitiveness in the international payments market.

United States' move to impose reciprocal tariffs

US reciprocal tariffs unlikely to hurt India, may open new trade opportunities: Niti Aayog

Compared to major US trade partners like Mexico, China, and Canada — which collectively account for 50% of American imports — India is in a more advantageous position, according to Niti Aayog Programme Director Pravakar Sahoo.