India considers tariff cuts on US farm goods amid Trump’s trade threats

Mar 28, 2025, at 05:44 pm

New Delhi: Amid escalating tariff tensions with US President Donald Trump, India has proposed lowering import duties on American farm products, including almonds and cranberries, according to two government sources cited by Reuters.

India set to surpass Japan as world’s fourth-largest economy by late 2024: IMF

Mar 26, 2025, at 09:40 pm

New Delhi: India is on track to overtake Japan and become the world’s fourth-largest economy by the third quarter of the 2024-25 financial year, according to the latest data from the International Monetary Fund (IMF).

India looks to substitute Chinese imports with US goods as reciprocal tariffs loom

Mar 15, 2025, at 09:20 pm

New Delhi: Amid fears of potential export disruptions due to US reciprocal tariffs set to take effect on April 2, the Ministry of Commerce and Industry has urged Indian industries to explore replacing imports from China and other nations with US-sourced goods, The Indian Express reported.

India may extend curbs on met coke imports to push local sourcing

Feb 25, 2025, at 07:52 pm

New Delhi: India is likely to extend restrictions on low-ash metallurgical coke (met coke) imports beyond June to push domestic steel mills to source the raw material locally, Reuters reported, citing sources.

India and EU affirm commitment to work together on WTO reforms

May 16, 2023, at 10:53 pm

Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Piyush Goyal and Executive Vice-President of the European Commission responsible for an Economy that Works for People, and the European Commissioner for Trade,  Valdis Dombrovskis emphasised on the need for expediting the ongoing India-EU FTA negotiations by finding convergence on all issues.