India May Open Government Contracts to Foreign Firms, Including U.S. India is considering allowing foreign companies, including those from the United States, to bid for government contracts, according to two government officials, a move that could expand to other trading partners following a recent trade deal with the United Kingdom. Under this policy shift, U.S. … Read more
India’s Strategic Position in the Face of US Tariffs: A Moody’s Analysis India’s economic resilience in the face of US trade policies, particularly under President Donald Trump, has been highlighted by Moody’s. The report underscores India’s unique position in the global economy, offering it a distinct advantage amid trade tensions. As the world grapples with … Read more
India Aims to Remove US Tariffs on Labour-Intensive Exports Amid Early Trade Deal Talks India is working to reverse the impact of recent US tariffs on its exports, particularly in sectors that are labor-intensive, as part of ongoing negotiations with the United States under an early trade agreement. The country is seeking reductions in import … Read more
US Rejects 15 Mango Shipments from India, Exporters Estimate Losses of $500,000 India’s mango exports to the United States have faced a significant setback as authorities rejected 15 shipments due to documentation issues. The rejections, occurring at major US airports including Los Angeles, San Francisco, and Atlanta, have forced exporters to either destroy the fruit … Read more
India Faces Export Crisis as US Rejects Mango Shipment, Inspectors Alleged to Have Broken Protocol India’s mango exports to the United States have faced a significant setback following the rejection of 15 consignments by US authorities, prompting widespread criticism from Indian exporters. The incident has led to the destruction of thousands of mangoes, resulting in … Read more
India-US Trade Deal: Dispute Over Tariff-Free Agreement India has rejected U.S. President Donald Trump’s assertion that the country has agreed to eliminate all tariffs on goods imported from the United States. The claim, made during a recent event in Doha, has sparked immediate controversy in Delhi. India’s foreign minister, S Jaishankar, clarified that trade negotiations … Read more
Scotch Whisky Prices to Drop in India Amid UK-India Trade Deal Diageo, the global leader in spirits, has announced plans to reduce prices of Scotch whisky in India in the higher single-digit percentage range as a result of the recently signed India-UK free trade agreement. The agreement, which is expected to be fully implemented by … Read more
India’s Retaliatory Tariffs on U.S. Imports: A Trade Dispute in Focus The Story So Far India has notified the World Trade Organisation (WTO) of its intention to impose tariffs on $7.6 billion worth of imports from the United States, in response to the U.S. imposing 25% tariffs on steel and aluminium imports in March. The … Read more
India-US Trade Talks Advance: First Phase Likely to Be Finalised by July India and the United States are making significant progress in negotiations aimed at finalising the first phase of their bilateral trade agreement, with the possibility of concluding the deal by July. Commerce and Industry Minister Piyush Goyal, currently in Washington, is leading discussions … Read more
India Aims for Full Tariff Relief in US Trade Talks New Delhi is pushing for a full exemption from the additional 26 per cent tariffs on its exports, as it seeks to finalize an interim trade agreement with the United States before July 8. The talks, which have been ongoing between the two nations, are … Read more