The central government seeks Parliament's approval for Rs 6.78 trillion in additional spending for FY25
The decision follows recommendations from the Directorate General of Trade Remedies (DGTR), the commerce ministry's investigation arm
Acharya, who was a deputy governor at the RBI between 2017 and 2019, said large firms that had benefited from the protectionist measures will initially lose some value, but the economy will benefit
In terms of tariffs on textiles and clothing, while India imposes a 10.4 per cent tariff on US imports, the tariff for Indian importers in the US is 9 per cent
The RBI had projected the CPI inflation for the current financial year (FY25) at 4.8 per cent with the headline figure in March quarter remaining at 4.4 per cent
New Delhi working on ways to reduce average applied tariff
It is high time to assess the preference of Indian households towards different investment streams as Trumponomics affects their valuation
Prime Minister Narendra Modi and European Commission President Ursula von der Leyen last month agreed to conclude the ambitious India-EU free trade deal by this year amid Trump's tariff threats
Foreign direct investment from India has been the fastest growing and has been our number one market for the last two years, said Laura Citron, CEO of London & Partners
Traders looking for bargains within Asia are gravitating toward still-cheap Chinese equities, which are in the middle of a bull run sparked by developments in artificial intelligence
The Union Minister chaired the 11th Annual General Meeting of Governing Body of National Fisheries Development Board (NFDB) here
Exporters have earlier urged the government to permit the shipments due to the rise in inventories
Speaking on the ongoing efforts to simplify the GST structure, Nirmala Sitharaman said, 'We are very close to closing in on a final call on the reduction in GST rates and slabs'
The finance minister virtually inaugurated 70 branches across India, 501 women customer service points, coinciding with the International Women's Day
Global Trade Research Initiative (GTRI) Founder, Ajay Srivastava said the US is exerting heavy pressure on India to accept trade demands that largely favour American interests
Preserving India's access to the US market is a priority for Prime Minister Narendra Modi as he seeks to shield his country from reciprocal duties Trump has indicated will take effect next month
India had banned exports of 100% broken rice in September 2022 and then imposed curbs on exports of all other rice grades in 2023 after poor rainfall raised concerns over production
Trump had threatened to impose reciprocal tariffs on several countries, including India, Brazil, and China. He also threatened to impose tariffs on Mexico and Canada
US commerce secy says agri can't be off the table for talks
India's import tariffs, among the highest in the world, warrant a reassessment of its "special relationship" with the United States, Lutnick said, speaking from Washington