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NEW DELHI/TOKYO, Aug 28 (Reuters) - Indian Prime Minister Narendra Modi heads overseas on Thursday to meet the leaders of China, Japan and Russia, seeking to build closer diplomatic ties as New Delhi battles fallout from U.S. President Donald Trump's escalating tariff offensive. By drawing nearer to some of the world's largest economies, including his first visit to China in seven years, Modi hopes to to boost support for his flagship "Make in India" initiative, mainly from Japan, as Trump's me ...Read More >
NEW DELHI (Reuters) -U.S. President Donald Trump last Wednesday announced 25% tariffs on Indian imports from August 7 and threatened more penalties over New Delhi's purchases of Russian oil. Below is a timeline of how India, once seen as the frontrunner for a U.S. deal, ended up facing steep tariffs after Trump escalated tensions, and called it a "dead economy." February Modi visits Washington * Indian Prime Minister Narendra agrees to work toward a limited trade deal by fall 2025 with the Un ...Read More >
Indian negotiators had not expected to conclude a meaningful deal in time to meet Mr. Trump's revised deadline of Aug. 1. But they did expect to be treated as well as their neighbors, and to keep haggling with American officials until October or November, when Mr. Trump was invited to visit India as part of the Quad defense group, which brings together four big democracies -- India, the United States, Japan and Australia -- with a shared interest in standing up to China. Instead, they were fed ...Read More >
NEW DELHI - President Donald Trump's new list of tariffs on half the world's countries sent the United States' trading partners scrambling to understand how their businesses will be affected. India got the bad news a day earlier - its goods face a tariff of 25 per cent or more - but the extra time was hardly enough to adjust to the fresh chaos. Indian negotiators had not expected to conclude a meaningful deal in time to meet Mr Trump's revised deadline of Aug 1. But they did expect to be trea ...Read More >
MEA spokesperson Randhir Jaiswal suggested that the ongoing trade hurdles with US will not impact New Delhi's security partnership with Washington. The ministry of external affairs on Friday said that India-US ties have withstood many challenges over the years and expressed confidence that the bilateral relationship remains on a positive trajectory, just two days after Donald Trump announced 25% tariffs on Indian goods. In a weekly media briefing, MEA spokesperson Randhir Jaiswal suggested tha ...Read More >
Back in April, Trump had announced tariffs of up to 27% on Indian goods, which was later paused. Since then, both sides have been racing to negotiate an agreement, with officials sometimes sounding positive and at other times, measured. "We continue to speak with our Indian counterparts. We've always had very constructive discussions with them," US Trade Representative Jamieson Greer said earlier this week. He also acknowledged that although he had earlier said a deal with India might be "imm ...Read More >
New Delhi, Aug 1: India launched the first phase of four development projects across nine partner countries as part of its 'India-UN Global Capacity Building Initiative'. The programme aims to deepen South-South cooperation in support of the Sustainable Development Goals (SDGs). The launch event was presided over by Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, and attended by heads of missions from participating countries, UN Resident Coordinator in India Shombi Sharp, dip ...Read More >
New Delhi, Aug 1: In the face of US President Donald Trump's 25 per cent tariff on Indian goods and his severe diatribe against it, India on Friday said its partnership with the US has "weathered" several "transitions and challenges" as it sounded confident of the ties continuing to move forward. New Delhi also said that its procurement of energy is guided by market dynamics and the prevailing global circumstances, remarks that came amid Trump's criticism of New Delhi for procurement of Russian ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of go ...Read More >
NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of go ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal has urged Indian Missions abroad to help address trade barriers faced by Indian exporters in their respective countries. While addressing Heads of the Commercial Wings posted in 74 Indian Missions abroad across 61 countries on July 16, he called for trade intelligence gathering, including updates on market trends, sectoral developments, and regulatory frameworks to boost India's exports. India's goods exports were 0.05% down on-year in Jun ...Read More >
New Delhi: India is looking at customs and trade facilitation on the review negotiations of the existing free trade agreement in goods with the 10-nation Association of Southeast Asian Nations or Asean bloc, months before the Asean-India Summit, scheduled for October this year. Besides, some issues on technical cooperation, sanitary and phyto-sanitary, technical barriers to trade collaborations are on focus too, a top government official said. The review of the agreement is a long-standing dema ...Read More >
Saturday, 5 July 2025 () Prime Minister Modi's visit to Brazil for the Brics Summit underscores India's commitment to deeper economic integration within the bloc. Business leaders are advocating for the removal of trade barriers and the promotion of local currency trade. India's digital transformation is being showcased as a model for other emerging economies, with calls for sharing successful digital platforms across Brics nations. ...Read More >
New Delhi [India], July 5 (ANI): Onkar Kanwar, Chairman of the BRICS Business Council (BBC), emphasised that the major objective of the BRICS partnership is to strengthen multilateralism, eliminate trade barriers, and foster seamless business exchange among member countries. His remarks came on the sidelines of Prime Minister Narendra Modi's visit to Brazil for the BRICS Summit, where economic cooperation and inclusive growth were key themes. Speaking to ANI on the sidelines of Prime Minister ...Read More >
New Delhi: Global ratings agency Moody's Ratings on Thursday said that India may be subject to lower tariffs than many countries in the Asia Pacific, which could help the economy attract further investment and become a global manufacturing base. India is expected to be in a good position with reduced tariffs in the coming days though many export-reliant Asia Pacific economies were hit with very high US tariffs in April. In its outlook on Asia Pacific sovereigns, Moody's Ratings said while negot ...Read More >
India and the US are currently engaged in negotiations for a bilateral trade agreement (BTA), aiming for a swift and mutually advantageous initial phase. Discussions focus on enhancing market access by lowering tariffs and trade barriers, alongside strengthening supply chain integration.The proposed trade agreement between India and the US would provide greater market access for goods by reducing tariffs, cutting trade barriers, and improving supply chain integration, an official said on Friday. ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two yea ...Read More >
New Delhi, Jan 31 (UNI) India today flagged its concerns over the Maldives-China FTA and added that New Delhi "would obviously need to take that into account" while framing its own policies. Ministry of External Affairs spokesperson Randhir Jaiswal said at a briefing: "We remain in close touch with Maldivian authorities on the situation facing them. "Recent agreements that are likely to result in revenue loss for the Maldives Government are, obviously, a matter of concern and do not bode well ...Read More >
FRANKFURT (Reuters) - Import tariffs expected to be implemented by the administration of U.S. President-elect Donald Trump could lower economic growth and inflation in the 20 nations sharing the euro, European Central Bank board member Piero Cipollone said on Tuesday. Most economists agree that the possible tariffs would impact growth, though views diverge on the effect on consumer prices. Some argue the U.S. trade barriers will push up the value of the dollar, making imports of key commoditie ...Read More >
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