Stay updated with the latest tariff news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on tariff topics.
New Delhi: Commerce Minister Piyush Goyal has said that consensus-based decision-making is the bedrock of the WTO's legitimacy, as the discussions related to reforms in the global trading system, electronic commerce, TRIPS non-violation and the package for least developed countries (LDCs) will now continue in Geneva. The minister's statement comes after the conclusion of the 14th Ministerial Conference of the WTO at Yaounde in Cameroon on Monday, where he led the Indian delegation. Goyal empha ...Read More >
Shimla (Himachal Pradesh) [India], March 31 (ANI): Congress MLA and spokesperson Kuldeep Singh Rathore said that the proposed Bilateral Trade Agreement with the United States, being projected as a diplomatic success, could prove "devastating" for domestic apple growers who operate on small landholdings of one to two acres, compared to large-scale orchards of nearly 100 acres in the US. Calling it a case of "structural inequality," Rathore underlined stark differences in productivity and state s ...Read More >
Shimla, Mar 31 (PTI) In order to compete with apples from countries like the US and New Zealand, Himachal must improve the quality of its own produce, Horticulture Minister Jagat Singh Negi said on Tuesday. Responding to a discussion in the state assembly on a resolution introduced by Congress MLA Kuldeep Singh Rathore during the Private Members' Business session, he said rootstocks procured at a cost of Rs 130 crore by the previous BJP government for establishing high-density plantations in th ...Read More >
Shimla (Himachal Pradesh) [India], March 31 (ANI): Raising serious concerns over the impact of proposed Free Trade Agreements (FTAs) with countries including the United States, European Union and New Zealand, Congress MLA and AICC spokesperson Kuldeep Singh Rathore on Monday moved a resolution in the Himachal Pradesh Vidhan Sabha recommending that the government formulate a comprehensive policy to protect the state's apple and fruit growers. The resolution, introduced on the 14th day of the ong ...Read More >
New Delhi, Mar 31 (PTI) India on Tuesday said it has called for initiating discussion at the WTO on its proposal on the transfer of modern technologies to emerging and least developed economies to help enhance their share in global trade, while pushing for negotiations through "possible new approaches" to move agriculture talks forward. The commerce ministry said the country has also extended its support for robust work at the World Trade Organization (WTO) on digital divide, digital infrastruc ...Read More >
Apple's India journey is accelerating. The company is now a top smartphone player, with record revenues and shipments. Manufacturing in India has surged, making it a key production hub. Apple is expanding its retail footprint with new stores and investing in local operations. This growth signals a strategic long-term commitment, positioning India as a vital market for Apple's future. In the mid-1970s, long before he co-founded Apple, a young Steve Jobs travelled to India in search of spiritual ...Read More >
Mumbai, Mar 30 (PTI) The Indian rupee depreciated 9.88 per cent against the US dollar in FY26, marking the sharpest decline against the greenback in 14 years. In FY12, the domestic currency declined by 12.4 per cent against the dollar at a time when the current account deficit had widened to 4.2 per cent. In the current fiscal year, the steep depreciation was driven by persistent foreign fund outflows, elevated crude oil prices, and a strengthening dollar globally. Volatility in global financi ...Read More >
Singapore: India's diesel exports to Southeast Asia surged to the highest in more than seven years in March, shipping data showed, as traders pivoted supply to cover short positions and refiners cashed in on higher profits in Asia caused by the U.S.-Israeli war with Iran. The surge in exports could boost spot sale margins for Indian refiners who have purchased large volumes of prompt Russian crude to replace Middle East supply disrupted by the war.About 1 million metric tons (7.45 million barre ...Read More >
Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguard against non-violation complaints against intellectual property policies. With no agreement, the e-commerce moratorium lapsed for the first time in 26 years, opening the door for countries to impose customs duties on digital transmissions. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO rem ...Read More >
New Delhi: In a significant shift in strategy, Donald Trump is reportedly willing to end the ongoing US military campaign against Iran without ensuring the reopening of the strategically vital Strait of Hormuz, according to local report. The development signals a possible recalibration of Washington's war objectives, with the administration prioritising a quicker end to hostilities over securing the crucial oil transit route. As per the report, Trump told aides that the complex and time-consum ...Read More >
(RTTNews) - Indian stock markets remain closed today for Mahavir Jayanti. On Monday, benchmark indexes Sensex and Nifty both fell over 2 percent as Brent crude prices topped $115 a barrel on fears of more disruptions to shipping lanes, posing a significant risk to inflation, the current account and fiscal deficits. Both the indexes plummeted around 11 percent in March, marking their worst monthly loss since the COVID-19-led rout in March 2020. The Indian rupee hit a record low past 95 to the d ...Read More >
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on "non-violation complaints" (NVCs) under the TRIPS Agreement also expired for the first time since 1995. This opens the doors for countries to move WTO in case treaty ...Read More >
New Delhi [India], March 31 (ANI): Odisha Chief Minister Mohan Majhi held a virtual meeting with District Collectors on Monday to ensure an uninterrupted supply of essential commodities amid the West Asia conflict. The Chief Minister directed enforcement squads to remain on 24x7 action mode, monitor markets, act against hoarders and rumour-mongers, and maintain team spirit for coordinated crisis management, according to the CMO. Earlier in the day, the Union government announced that a 100 per ...Read More >
New Delhi, March 30: The WTO ministerial conference in Yaounde, which concluded on Monday, failed to reach any agreement on key issues, including the extension of the moratorium on e-commerce and reforms of the global trade body. The 14th ministerial conference (MC), which concluded in the early hours on March 30 in the capital city of Cameroon, could not reach a consensus on a moratorium on non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights (T ...Read More >
WTO members at the 14th ministerial conference (MC14) did not reach consensus to extend the TRIPS moratorium on non-violation complaints. For the first time since 1995, the safeguard has expired, creating uncertainty over when governments can bring disputes despite no formal rule breach. Further talks are expected in Geneva. WTO members ended the 14th ministerial conference, MC14, without agreement on a key TRIPS safeguard. The failure meant the moratorium on non-violation complaints, or NVCs, ...Read More >
Bhubaneswar: The state govt, following the spirit of Team India and keeping the nation first, is ensuring that accurate information reaches every citizen, that supply of essential commodities remains uninterrupted, and attempts at hoarding or black marketing are strictly checked, said chief minister Mohan Charan Majhi on Friday night."I urge all citizens to stay informed about the evolving situation, maintain patience, and avoid unnecessary purchases so that the system functions smoothly," The C ...Read More >
If SEZ exports remain exempt, Reliance's refining margins would be largely insulated from the new levies, preserving the competitiveness of its export-oriented operations, it said New Delhi: The applicability of newly reimposed export windfall taxes on shipments of diesel and ATF from Reliance Industries' SEZ refinery remains the key uncertainty, following India's fuel duty overhaul, with significant implications for refining margins and government revenues, according to analysts. Under the re ...Read More >
Chennai: The WTO's 14th Ministerial Conference (MC14) held in Cameroon ended without agreement on key issues, including e-commerce moratorium and expiry of safeguards against non-violation complaints against intellectual property policies. MC14 was one of the most inconclusive ministerial conferences in recent years. Despite WTO remaining ineffective in mitigating trade uncertainties, India to build coalitions to defend consensus-based decision-making at WTO, which is under threat due to growing ...Read More >
New Delhi [India], March 30 (ANI): The Union government on Monday announced that 100 per cent supply of natural gas is being maintained for domestic consumers and CNG transport, noting that approximately 95 per cent of LPG bookings were done online yesterday. Speaking at a joint inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing and Oil Refinery) at the Ministry of Petroleum and Natural Gas, stated that the country possesses sufficient fuel reserves to meet current demand. A ...Read More >
New Delhi, Mar 30 (PTI) The WTO ministerial conference in Yaounde, which concluded on Monday, failed to reach any agreement on key issues, including the extension of the moratorium on e-commerce and reforms of the global trade body. The 14th ministerial conference (MC), which concluded in the early hours on March 30 in the capital city of Cameroon, could not reach a consensus on a moratorium on non-violation complaints under the Agreement on Trade-related Aspects of Intellectual Property Rights ...Read More >
New Delhi [India], March 30 (ANI): The Union government on Monday announced that 100 per cent supply of natural gas is being maintained for domestic consumers and CNG transport, noting that approximately 95 per cent of LPG bookings were done online yesterday. Speaking at a joint inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing and Oil Refinery) at the Ministry of Petroleum and Natural Gas, stated that the country possesses sufficient fuel reserves to meet current demand. " ...Read More >
The Assam Electricity Regulatory Commission (AERC) has announced the approved power tariffs for Assam's key utility companies, confirming that there will be no increase in electricity rates for the financial year 2026-27. According to a press release issued on March 6, 2026, the revised tariffs will come into effect from April 1, 2026, offering relief to consumers across the state. The decision follows a detailed regulatory process that began in November 2025, when major utilities -- Assam Powe ...Read More >
Chennai: The United States Trade Representative has initiated investigations under Section 301 of the Trade Act of 1974, on excess capacity and production in certain manufacturing sectors in India. These sectors include textiles, health, construction goods, and automotive goods. The probe can lead to new tariffs and complicate the trade deal talks. The USTR has initiated investigations under Section 301against 16 countries and economic blocs, including India. The investigation pertains to the a ...Read More >
Chennai went thirsty in 2019. Bengaluru grappled with water scarcity that affected thousands in 2024. Delhi fights over its share of the Yamuna every summer. From Bengaluru to Delhi to Chennai and to other urban regions across India, water is increasingly becoming a dwindling resource. This crisis is unfolding, city by city, putting stress on households and businesses. But the question of possible solutions still remains. A new study, published in the journal Earth's Future, might offer some h ...Read More >
CHENNAI: AIADMK general secretary Edappadi K Palaniswami on Tuesday announced the third list of the party's election promises, accusing the DMK government of presiding over a sharp rise in the prices of essential commodities and increasing multiple taxes over the past five years, which, he said, has worsened household finances. Unveiling the proposals, Palaniswami said an AIADMK government would provide a one-time assistance of Rs 10,000 to every family as a compassion grant to ease the burden ...Read More >
Important topics and their relevance in UPSC CSE exam for February 22, 2026. If you missed the February 21, 2026, UPSC CSE exam key from the Indian Express, read it here. ARTICLE CONTINUES BELOW VIDEO FRONT Trade to rare earths: India and Brazil for a stronger Global South Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies-II: Bilateral, regional and global groupings and agreements involving India and/or affecting ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
MUMBAI: Precious metals lost the rally gained in morning trade Monday, with gold closing 1.76% up or 2,758/10 gm at Rs 159,634 and silver closing 4.3% up or Rs 10,877/kg at Rs 263,821. In morning trade the yellow metal climbed above Rs 1.6 lakh/10 gm and silver surged 6% to cross Rs 2.67 lakh amid rising geopolitical tensions, global tariffs, and a stronger dollar. Renisha Chainani, head of research at gold trading platform Augmont said "since Friday gold rebounded by about 4% and silver outpe ...Read More >
New Delhi (PTI): Precious metal prices climbed 3 per cent in the national capital on Monday, with silver surging to Rs 2.7 lakh per kilogram and gold advancing to Rs 1.6 lakh per 10 grams, due to strong safe-haven demand amid growing global trade uncertainties after the US Supreme Court ruling against Trump's tariffs. According to the All India Sarafa Association, silver jumped Rs 8,000, or 3.03 per cent, to Rs 2,72,000 per kilogram (inclusive of all taxes) from Friday's closing level of Rs 2,6 ...Read More >
MUMBAI, Feb 17: India is engaging with international partners more intensively and from a "position of strength", External Affairs Minister S Jaishankar said on Tuesday, citing a string of recent trade agreements as evidence of the country's growing economic clout. In an address at the Global Economic Cooperation conference, Jaishankar highlighted the successful negotiation of several high-profile deals, including a significant trade pact with the United States. The Global Economic Cooperation ...Read More >
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