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New Delhi, Aug 28 (PTI) As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile ...Read More >
New Delhi, Aug 28 (PTI) India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India Chairman R C Bhargava said on Thursday. Addressing shareholders at the company's 44th Annual General Meeting (AGM) here, the veteran industry leader also noted that reduction in GST on small cars would help in reviving the growth of the industry. "We are all aware of the global uncertainty that has been caused in rece ...Read More >
New Delhi, Aug 28 (PTI) As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile ...Read More >
New Delhi [India], August 28 (ANI): Bollywood actor Shahid Kapoor and Mira Rajput have added another feather to their professional lives, as they collaborate for a new venture. As partners in both life and work, the star couple look forward to balancing their personal bond with a shared vision. Mira Rajput heaped praise on her husband, hailing his passion and disciplined approach toward life. "Shahid's passion for dance and his discipline toward work and fitness have resonated with this projec ...Read More >
WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, delivering a serious blow to ties between two powerful democracies that had in recent decades become strategic partners. A punitive 25% tariff, imposed due to India's purchases of Russian oil, was added to Trump's prior 25% tariff on many imports from the South Asian nation. It takes total duties as high as 50% for goods as var ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chie ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri wrote to Prime Minister Narendra Modi on Thursday expressing support for the government's efforts to protect farmers, dairy, and fishermen amid trade pressures from the United States. Though AEPC expressed concern over the US' imposition of 50 per cent tariffs on Indian imports, which it believed will impact the competitiveness of India's textile and apparel industry, it lauded the government for " ...Read More >
The reciprocal tariff does pose challenges, but the overlooked transshipment clause alters the competitive landscape, blunting some of the damage and might even create opportunities in some areas The ongoing trade conflict between the United States and India has escalated with Washington's decision to levy a 25 per cent reciprocal tariff on Indian exports effective August 7, followed by an additional 25 per cent tariff linked to India's purchases of Russian oil, effective August 27. The tariffs ...Read More >
Trump India Tariffs Impact: US 50% tariffs on Indian exports take effect tomorrow, targeting textiles, seafood, gems, jewellery, and leather. Analysts warn the move could threaten millions of jobs and shave 0.5% off India's GDP. Back in his first term, Donald Trump had first called India as the "tariff king." Now, in his second stint in the White House, he has repeated that often and is now bringing the 50 per cent tariff hit for New Delhi. The order, Executive Order 14329, links the penalty to ...Read More >
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
Mumbai: Revenue growth of the domestic readymade garment (RMG) industry is projected to slow to 3-5% this fiscal year, after the US imposed a steep 50% duty on India's imports to the world's largest economy. The tariffs, which take effect from Wednesday, could crimp profitability of garment makers, likely straining their financial health, according to a note from ratings agency Crisil released on Tuesday. The impact will vary, hitting some firms harder than the others, especially those that ge ...Read More >
New Delhi, August 26: The Federation of Indian Export Organisations (FIEO) on Thursday expressed grave concern over the US government's imposition of an additional 25 per cent tariff on Indian-origin goods, raising total duties on many export categories up to 50 per cent, with effect from Friday. FIEO President S.C. Ralhan described the development as a "setback". He said that the duty hike can severely impact India's exports to the US, with approximately 55 per cent of India's US-bound shipment ...Read More >
New Delhi, Aug 21 (PTI) The initial share sale of Patel Retail Ltd was subscribed 95.70 times as the three-day IPO drew to a close on Thursday. The Rs 242.76-crore initial public offer received bids for 74,79,89,402 shares against 78,15,612 shares on offer, according to data available with the NSE. Qualified institutional buyers (QIBs) received a whopping 272.43 times subscription, while the quota for non-institutional investors got subscribed 108.17 times. The retail individual investors (RII ...Read More >
Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application will remain open till 31st August 2025 . Also Read | Meta Superintelligence Labs Hiring on Hold: Mark Zuckerberg's Company Temporarily Pauses Its Massive AI Talent Hiring Spree for 'Organisational Planning' and I ...Read More >
Mumbai, India: The Ministry of Textiles has announced the reopening of its portal for fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles. The initiative focuses on sectors like Man-Made Fibre (MMF) Apparels, Fabrics, and Technical Textiles, and aims to stimulate large-scale investments. Eligible companies will be incentivized based on incremental turnover resulting from new investments and expanded production capabilities. Shri Shaleen Toshniwal, Chairman of the ...Read More >
Agentic AI, where autonomous agents execute end-to-end workflows, can shorten the gap between experimentation and value realisation, helping GCCs to position themselves as innovation hubs Global Capability Centres (GCCs) in India are moving away from year-long artificial intelligence projects to a quicker 90-day pilot cycles as agentic AI adoption gathers pace, say experts. The change is being driven by the need to show faster results to parent companies, cut risks and keep up with rapidly evol ...Read More >
HYDERABAD: BRS working president KT Rama Rao on Wednesday described the Supreme Court order on nomination of two MLCs as "a slap in the face of both the Congress and the BJP". The apex court issued an order modifying its earlier interim directive on the nomination of Prof M Kodandaram Reddy and Amer Ali Khan to the state Legislative Council under the Governor's quota. In a press statement, Rama Rao said that the Supreme Court declaring invalid the appointments of Kodandaram and Amer Ali as MLC ...Read More >
New Delhi: As the US tariffs come into play, the biggest concern in India is for the textile sector. Government statistics show that the Indian textile and apparel market was valued at around $222 billion in 2024, and projections suggest it could reach $350 billion by 2030. The US is the largest market for the textile industry -- which employs approximately 45 million people, an employment figure second only to agriculture -- making up 33% of India's total exports. People in the trade warn that ...Read More >
New Delhi: India's trade resilience remains strong despite the 25% tariff imposed by US President Donald Trump on Indian goods, with the country's broader export base and strong domestic fundamentals helping buffer the shock, industry body PHD Chamber of Commerce and Industry (PHDCCI) said. A white paper released by the industry body estimates that while the tariff will affect around $8.1 billion worth of exports to the US, the overall impact on India's economy is expected to be limited, with a ...Read More >
Bulandshahr: A court in Bulandshahr delivered its verdict in the Syana violence case that dates back to December 2018. The court convicted all 38 accused individuals, including prominent local activists and community members. Mob Violence Erupted Over Cow Carcass Discovery The violence followed the discovery of cow carcasses near Mahav village, prompting protesters to storm Chingrawathi police outpost. They set vehicles ablaze, leading to escalating chaos. During the riot, Inspector Subodh Kum ...Read More >
New Delhi: Faced with steep tariffs imposed by the US government, the Centre is huddling with export promotion councils and manufacturers to find a way to rework the country's exports strategy, two government officials aware of the development said. The development comes on the back of a deadlock in bilateral trade agreement (BTA) negotiations between India and the US, which the two countries have been grappling with since June, as reported by Mint on 11 June. The new plan involves diversifyin ...Read More >
New Delhi/Imphal, Aug 1 (SocialNews.XYZ) The National Investigation Agency (NIA) has made a second consecutive arrest in the 2024 killings in Manipur's Jiribam, central probe agency sources said on Friday. The NIA in a statement said that the national probe agency caught Lalrosang Hmar alias Rosang, a resident of Moinathol Village in southern Assam's Cachar district, from the Mizoram capital Aizawl on Thursday. The arrest came after the arrest of another key accused, Thanglienlal Hmar, by a jo ...Read More >
Kolkata | Pune: India is at a disadvantage to Bangladesh in the export of textiles and apparel to the US after President Donald Trump on Thursday reduced Bangladesh's final tariff to 20% from 35%. The duty is 25% for imports from India. Exporters are fearing a blow to their business since they also have to pay a penalty on top of the tariff. The US has yet to specify the extent of the penalty that Trump said would be imposed on India for its import of oil from Russia. Even the tariff on Cambodi ...Read More >
COIMBATORE: Textile industry stakeholders have voiced concern over the recent hike in US tariffs on textile and garment imports, warning that the move could dent export competitiveness and disrupt trade momentum at a time when India is expanding its global trade engagements.Southern India Mills' Association (SIMA) chairman S K Sundararaman expressed concern over the US tariff decision. While India was celebrating the progress of its Free Trade Agreement (FTA) with the UK and ongoing trade negoti ...Read More >
New Delhi, Aug 1 (PTI) Trades worth nearly Rs 3.21 lakh crore have been conducted through the electronic National Agriculture Market (e-NAM) platform during the last five financial years, the government said on Friday. In a written reply to the Rajya Sabha, Minister of State for Agriculture Ramnath Thakur said, "From 1st April, 2020 to 31st March, 2025, trade worth Rs 3,20,766 crore has been conducted through electronic National Agriculture Market (e-NAM)". The minister was replying to a quest ...Read More >
New Delhi, Aug 1 (PTI) Domestic export sectors such as leather, footwear, textiles and shrimp will be hit hard by the imposition of the 25 per cent tariff by the US, industry experts say. "Quick estimates suggest that India's goods exports in FY 2026 may come down by 30 per cent from USD 86.5 billion in FY 2025 to USD 60.6 billion in FY 2026," GTRI Founder Ajay Srivastava said. The duty, announced this week, will come into force from August 7 (9.30 am IST). These will be over and above the exi ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I' ...Read More >
New Delhi, Aug 1 (PTI) Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expect ...Read More >
Consul General of India in Barcelona, Inbasekar Sundaramurthi, lauded Madhya Pradesh CM Mohan Yadav's recent visit to Spain, calling it highly energetic and productive. Yadav's swift MoU with Submer, focus on cold storage, and vision for Catalonia collaboration mark the beginning of deeper India-Spain economic ties. Inbasekar Sundaramurthi, Consul General of India in Barcelona, on Saturday said that the visit of Madhya Pradesh Chief Minister Mohan Yadav was a successful one. The Consul General ...Read More >
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