Daily Headlinez Top News Updates
As the European Union is set to widen its carbon border tax regime, Indian exports could face significantly higher carbon-related costs as the regime widens its scope, according to a report by the Global Trade Research Initiative (GTRI).The report said the European Parliament’s environment committee has proposed extending CBAM to around 180 additional steel- and…
NEW DELHI: The India-US trade deal goes some way to alleviate stress on Indian exports but there are “plenty of unknowns” and leaves questions unanswered, says an analysis by Moody’s Analytics, an arm of Moody’s.“The deal assumes that India will end its purchase of Russian oil, but there has been no confirmation from India,” said…
MUMBAI: The sensex slid for the fifth consecutive session on Friday as uncertainties about higher US tariffs on Indian exports continued to weigh on investor sentiment on Dalal Street. Selling by foreign funds also affected the sentiment , market players said.The sensex opened flat but soon lost ground, slid throughout the session to close at…
MUMBAI: A return of fears about higher US tariffs for Indian exports to the world’s largest economy pushed Dalal Street investors to press the ‘sell’ button on Thursday. This shaved off 780 points (close to 1%) from the sensex and 264 points from Nifty. Strong foreign fund selling and delay in signing of the US-India…
India-US trade deal: India should be highly cautious about lowering duties for USagricultural or genetically modified products and must press the Trump administration to sharply reduce its steep tariffs, the Global Trade Research Initiative (GTRI) said on Wednesday.The think tank also advised New Delhi to wait for the US Supreme Court’s ruling on President Donald…
US President Donald Trump in August imposed 50% tariffs on Indian exports to America, 25% of which are for India’s crude oil imports from Russia. (AI image) RBI governor Sanjay Malhotra is of the view that the tariffs imposed on Indian exports are an opportunity for the sector. In a post RBI policy press conference,…
NEW DELHI: Quality control orders (QCOs) are not just meant to help improve standards within the country but have also emerged as tools to help govt get foreign countries to open the doors for Indian exports, officials said. They cited the instance of European Union, which was not allowing Indian fisheries exports for nine years,…
Representational AI image NEW DELHI: Indian and Chinese soldiers exchanged sweets across the Line of Actual Control (LAC) on Diwali. Yu Jing, spokesperson for the Chinese Embassy in India, confirmed the exchange on social media, calling it a “gesture of goodwill” between the troops. The development comes at a time when India-China relations have shown…
NEW DELHI: Senior Congress leader Shashi Tharoor launched a sharp critique of US President Donald Trump on Friday, describing him as an “unusual president” whose unpredictable policies and tariff measures have had damaging effects on India’s economy. Speaking at a conference organised by CREDAI in Singapore, Tharoor argued that India was already paying the price…
India mulls measures to protect exporters after US tariffs (AI image) The government is preparing measures to cushion industries and workers from the fallout of the United States’ steep tariff increase on exports, according to Economic Affairs Secretary Anuradha Thakur. “There are certain employment-heavy sectors which do have exposure to the US and to that…
