India’s electronics exports surged by 47 per cent in the April-June quarter of FY26, reaching USD 12.41 billion, with the US, UAE, and China emerging as the top destinations, commerce ministry data showed. The United States alone accounted for a dominant 60.17 per cent share, followed by the UAE (8.09 per cent), China (3.88 per cent), the Netherlands (2.68 per …
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AI image The United States has extended the suspension of its April 2 reciprocal tariffs until August 1, offering Indian exporters a temporary reprieve and giving negotiators more time to resolve pending issues under an interim trade deal.India, which is in advanced talks with Washington to secure a bilateral trade agreement, was notably absent from the list of countries that …
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India’s largest trading partner since 2021-22 has been the United States. (AI image) India-US trade deal: Ahead of US President Donald Trump’s July 9 tariff deadline, India has drawn the red lines on a mini trade deal. According to Indian officials, the decision on the mini or interim trade deal now rests with America.Sources told PTI that should matters be …
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NEW DELHI: India on Friday proposed imposing of retaliatory duties under WTO norms against the US tariffs on imports of auto parts in the name of safeguard measures.“The proposed suspension of concessions or other obligations would take the form of an increase in tariffs on selected products originating in the US,” according to a notification of the WTO being circulated …
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The United States notified the WTO on Monday that the automotive tariffs were implemented under Section 232. (AI image) The United States has informed the World Trade Organization (WTO) that India’s request for consultations regarding American tariffs on automobiles and auto components under the trade watchdog’s safeguard agreement was unfounded.The United States notified the WTO on Monday that the automotive …
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India-US are in talks for trade deal (AI image) A successful bilateral trade agreement between India and the US could transform current challenges into economic opportunities by expanding market access and boosting exports, according to the Finance Ministry’s Monthly Economic Review released on Tuesday.The report comes amid ongoing negotiations between the two nations, with an interim trade agreement expected before …
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NEW DELHI: Days before commerce & industry minister Piyush Goyal visits Washington for a fresh round of talks on the proposed bilateral trade agreement, govt has for the first time threatened to act against the US after a barrage of attacks by American President Donald Trump, who called India “tariff king”.Govt’s decision to initiate steps at WTO for a possible …
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NEW DELHI: The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country’s trade deficit with China widened to USD 99.2 billion during the same period, government data showed. In the last fiscal, India’s exports to China contracted 14.5 per cent to USD 14.25 billion as …
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