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NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August. India and the United States will "fast-track" trade talks, Rajesh Agarwal, India's chief negotiator and a special secretary in its commerce ministry, told reporters at an event for the release of trade data, but gave no details. U.S. trade repr ...Read More >

India, US to hold trade talks today: Breakthrough expected in free trade agreement amid Trump's tariffs The meeting comes after Prime Minister Narendra Modi welcomed US President Donald Trump's remark, saying the two countries would continue to hold trade talks. So far, India and the US have held five rounds of bilateral trade agreement (BTA) negotiations. India and the United States will hold a day-long talk on the India-US bilateral trade deal in New Delhi on Tuesday, which was impacted afte ...Read More >
NEW DELHI: Andhra Pradesh chief minister N Chandrababu Naidu has sought a moratorium on loan and interest repayments for aqua sector companies, financial support for exporters, a Rs 100-crore corpus fund, and cold storage facilities to help the sector cushion the blow from the steep rise in US tariffs on Indian imports. Highlighting the loss from increase in US tariffs, Naidu said India's shrimp exports have taken a hit of about Rs 25,000 crore with about 50% of export orders cancelled. Furthe ...Read More >

New Delhi: A parliamentary committee has said India should look at the US coming out unilaterally from WTO obligations and resorting to tariffs to protect its domestic industry as an opportunity to negotiate favourable clauses under the plurilateral Information Technology Agreement (ITA) or even explore an exit, sources said. The Standing Committee on Communications and Information Technology has, in a report, blamed the agreement India signed in 1997 for a host of ills plaguing the IT and elec ...Read More >
New Delhi: After a brief pause, trade talks between India and the United States are set to resume on September 16. The U.S. Chief Trade Negotiator, Brendan Lynch, along with his team, is scheduled to arrive in India tonight. Full-day discussions between the two nations are expected to take place on Tuesday, focusing on the proposed bilateral trade agreement. Secretary in the Ministry of Commerce, Sunil Barthwal, confirmed this development and stated that India is now open to pursuing Free Trade ...Read More >

Andhra Pradesh Chief Minister N. Chandrababu Naidu has appealed to the Union Government to come to the rescue of aqua farmers in the State, who are under severe distress due to the imposition of 50 per cent tariffs by the United States. He asked the Government to consider announcing a 240-day moratorium on loan and interest repayments, interest subsidies, and a temporary waiver of the 5 per cent GST on frozen shrimp. Calling for a national policy to protect the interests of aqua farmers, Naidu ...Read More >

Vijayawada, Sep 15 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu has appealed to the Centre to support aqua farmers in Andhra Pradesh who are facing severe distress due to US-imposed tariffs. The Chief Minister urged the union Government to take decisions at the national level to protect aqua farmers from losses and requested measures to increase domestic consumption of aqua products. To this end, he has written separate letters to union Finance Minister Nirmala Sitharaman, Commerce ...Read More >

New Delhi, Sep 13 (SocialNews.XYZ) Commerce and Industry Minister Piyush Goyal on Saturday said that India remains committed to a mutually beneficial free trade agreement (FTA) with the European Union (EU) this year. Goyal, who met Maros Sefcovic, Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency, European Union, said the country is looking forward to the continued dialogue. "It was a pleasure hosting you for the 13th Round of India-EU FTA negotiations ...Read More >
India and the EU are progressing towards implementing a free trade agreement later this year, with discussions focusing on deepening security and defense cooperation. Union Minister Piyush Goyal expressed confidence that the FTA will benefit the auto industry, encouraging collaboration and innovation. As Foreign Secretary Vikram Misri met with the European Union Political and Security Committee (PSC) delegation, led by Chair Delphine Pronk on Friday, India-EU free trade agreement expected to be ...Read More >

New Delhi [India], September 13 (ANI): Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report. Exports of home textiles account for about three quarters of the industry's revenue. Also Read | Solar Eclipse 2025 Date and Time in India: Can You Have Sex During Surya Grahan? Exploring the Myths and Superstitions vs Rea ...Read More >

New Delhi [India], September 13 (ANI): Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report. Exports of home textiles account for about three quarters of the industry's revenue. The report noted that three key factors could help cushion the impact: strong frontloading of sales between April and August 2025; limite ...Read More >
Speaking at the 65th Annual Convention of ACMA, the Commerce Minister said that the latest GST reform will help formalise the spare parts sector economy. The recent reduction of GST on auto parts from 28 per cent to 18 per cent is the biggest indirect tax reform since Independence, Union Commerce and Industry Minister Piyush Goyal said at the ACMA Annual Conclave 2025. "Reducing GST from 28 per cent to 18 per cent is a parting gift to the industry. This is the biggest reform since Independence ...Read More >

NEW DELHI: India and the European Union are well on track to meet their year-end deadline for concluding free trade agreement negotiations, with both sides expressing confidence about the partnership's mutual benefits, senior officials said on Friday. Union commerce minister Piyush Goyal said India would benefit from Europe's "technology and innovation", while the EU would gain from India's "growth story, scale, and resilience" as the 13th round of FTA talks continued in New Delhi. "Both India ...Read More >
NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India's biggest trading partner in goods, with bilateral trade hitting $137.5 billion in the 2023/24 fiscal year, up nearly 90% over the past decade. "We are now maximising our efforts to finalise negotiations by the end of the yea ...Read More >
Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni discussed the India-EU free trade agreement, with Modi thanking Meloni for her support. They also addressed the Ukraine conflict and the implementation of the India-Middle East-Europe Economic Corridor. Both leaders reaffirmed their commitment to strengthening the India-Italy Strategic Partnership. Prime Minister Narendra Modi on Wednesday discussed with his Italian counterpart Giorgia Meloni the proposed free trade agreemen ...Read More >

New Delhi [India], September 12 (ANI): Union Commerce and Industry Minister Piyush Goyal on Friday lauded the relations between India and the European Union, stating that both sides "complement" each other rather than competing with each other. Goyal was speaking at the ACMA's 65th Annual Session and was addressing the issue of the India-EU Foreign Trade Agreement. He said that it is essential to expand trade between India and Europe while reflecting on EU President Ursula von der Leyen's quot ...Read More >
They also raised concerns over rare earth shortages and delays in product development cycles, during the Automotive Component Manufacturers Association of India's annual event. Auto component industry leaders on Friday voiced optimism over the recent GST rationalisation and the free trade agreements (FTAs) the government is working on. At the same time, they also raised concerns over rare earth shortages and delays in product development cycles, during the Automotive Component Manufacturers Ass ...Read More >

New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture ...Read More >

New Delhi [India], September 12 (ANI): India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced Free Trade Agreement that will benefit businesses and consumers on both sides, said Union Minister of Commerce and Industry Piyush Goyal, addressing the 65th Annual Session of the Automotive Component Manufacturers Association (ACMA) on Friday. According to a statement from the commerce ministry, Minister Goyal noted that such an agreement cannot ...Read More >
New Delhi: India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced free trade agreement that will benefit businesses and consumers on both sides, Commerce and Industry Minister Piyush Goyal said on Friday. Addressing the Automotive Component Manufacturers Association (ACMA) here, he said such an agreement cannot be a one-sided arrangement, as every negotiation involves a certain degree of give and take to ensure fairness and balance. Goya ...Read More >

New Delhi, Sep 12 (UNI) The European union and India are maximising their efforts to finalise negotiations on the FTA by the end of the year, said Maroš Šefčovič, EU Commissioner for Trade and Economic Security here today. Addressing the 65th Annual Session of the Automotive Components Manufactures Association of India, alongside Commerce Minister Piyush Goyal, Sefkovic said he has been working intensively with Minister Goyal, alongwith their teams, "to make progress on a groundbreaking Free Tr ...Read More >

New Delhi: Amid trade war with the US, Germany believed that India can play an important role in restoring peace in Europe. German Foreign Minister Johann Wadephul, who arrived in Delhi on a two-day visit to India had a deep discussion on global challenges and expressed confidence in doubling the trade between India and Germany. Wadephul said that a free trade agreement between India and the European Union could be reached in the coming months. Without naming the US, he said, "If other countrie ...Read More >

New Delhi [India], September 3 (ANI): There are significant and far-reaching changes on the global strategic landscape and a lot of volatility on the global economic landscape, External Affairs Minister S Jaishankar said on Wednesday, and said these together make a very powerful case for India and the European Union and India and Germany to work much more closely with each other. Jaishankar, who addressed a press conference with visiting German Foreign Minister Johann Wadephul, said India has i ...Read More >
NEW DELHI (AP) -- German Foreign Minister Johann Wadephul urged India to press its close ally Russia to return to peace talks over the war in Ukraine, days after Indian Prime Minister Narendra Modi met Russian President Vladimir Putin at a regional summit in China. Wadephul told a news conference Wednesday that despite enormous efforts by Europe and the United States, Russia hasn't been willing to enter negotiations, a challenge New Delhi could possibly address. "The only demand is that weapon ...Read More >

New Delhi: As India is facing a steep US tariff on exports, Union commerce and industry minister Piyush Goyal on Friday talked tough, saying that India will neither bow down nor ever appear weak in any trade deal with any country. Besides, the minister also assured all domestic exporters that the government would soon announce a slew of measures to boost exports and domestic consumption to shield the industry from the adverse impact of unilateral actions by other countries. His comments come at ...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, 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 >

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 >
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