White House: 25% Chip Tariffs Are 'Phase One' Move
The White House describes new 25% tariffs on semiconductors as an initial step, with officials noting President Trump previously threatened 100% tariffs on foreign chips.
Category : Trade & Export
India Nears EU Trade Deal as US Pact Stalls
India and the EU have closed 20 of 24 chapters in trade talks, aiming for a deal before EU leaders visit India this month. Agriculture remains off the table.
Ladakh Hoteliers Seek Better Connectivity, Infrastructure
Hotel owners in Ladakh are urging authorities to enhance connectivity and infrastructure to boost tourism and support the local economy in the region.
India's Trade Deficit Widens to $25.04 Billion in December
India's trade deficit increased to $25.04 billion in December 2024, driven by higher imports outpacing export growth. This marks a significant widening from previous months.
Iran Unrest Stirs Unease Among Punjab, Haryana Rice Exporters
Political turmoil in Iran creates uncertainty for Indian basmati rice exporters from Punjab and Haryana, with divided opinions on shipment and payment impacts.
GJEPC Seeks Carat Tax, Duty Cuts for Diamond Hub Plan
The Gem & Jewellery Export Promotion Council urges tax reforms, including a Belgian-style carat tax and reduced import duties, to make India a global diamond trading hub like Antwerp and Dubai.
India's Exports Rise 1.8% in December, China and UAE Drive Growth
India's goods exports increased by 1.8% in December 2025, reaching $38.51 billion, despite high US tariffs. Strong growth in shipments to China and the UAE offset declines to the US.
Five New Amrit Bharat Express Trains Launch from ECR
East Central Railway introduces five Amrit Bharat Express trains connecting key routes like Howrah-Anand Vihar and Sealdah-Banaras, enhancing travel options with detailed schedules and stoppages.
Israel Proposes Strong B2B-B2C Collaboration with Mangaluru
Israel has proposed establishing a strong foundation for B2B and B2C collaboration with Mangaluru, focusing on technology, agriculture, and innovation to boost economic ties.
India's Exports to Reach $850 Billion by 2025-26
Commerce Secretary Sunil Barthwal forecasts India's total exports will surge to $850 billion in 2025-26, driven by strong manufacturing and global demand.
India's Exports to China Surge 67% in December
India's merchandise exports to China soared 67.35% year-on-year to $2.04 billion in December, driven by electronics, marine and agricultural products. The trade deficit with China widened to $81.71 billion in April-December.
India's Exports to China Surge 67.35% in December
India's exports to China surged by 67.35% in December 2023, reaching $1.92 billion, driven by iron ore, cotton yarn, and chemicals, as per Commerce Ministry data.
India's Smartphone Exports Jump 43.7% to $18.8 Billion
India's smartphone exports soared to $18.8 billion from April to November this fiscal year, a 43.7% increase. The US remains the top market, with new growth in Slovakia, Israel, and South Korea.
India's US Exports Fall in December 2025 Due to Tariffs
India's merchandise exports to the US declined by 1.83% year-on-year to $6.88 billion in December 2025, impacted by higher American tariffs. Imports from the US rose 7.57% to $4.03 billion.
India's US Exports Fall 1.83% to Rs 62 Crore in December
India's exports to the United States declined by 1.83% to Rs 62 crore in December 2025. This drop comes as the US imposed a 50% tariff on Indian goods starting August 27, 2025. Both nations are currently negotiating a bilateral trade agreement to enhance
Nine New Amrit Bharat Express Trains: Routes Revealed
Indian Railways announces nine new Amrit Bharat Express trains to enhance long-distance connectivity across India. These affordable trains offer modern amenities and connect key destinations from the Northeast to South India.
Karnataka GI Bananas, Betel Leaves, Limes Exported to Maldives
Karnataka has successfully exported its GI-tagged bananas, betel leaves, and limes to the Maldives, boosting agricultural trade and showcasing premium produce.
India-EU FTA Gets January Date, Agriculture Protected
The European Union confirms a January signing for its landmark free trade agreement with India, which excludes agriculture to protect Indian farmers and food security.
India's December Exports Rise, Trade Deficit Widens
India's merchandise exports grew 1.87% to $38.5 billion in December 2025, while imports surged 8.7% to $63.55 billion, widening the trade deficit to $25.04 billion.
Tharoor: 75% US Tariffs May End Indian Exports
Congress MP Shashi Tharoor expresses serious concern over escalating US tariffs on India, warning that 75% duties could make Indian exports unviable in the American market.
Exports Rise 18.7% in Dec 2025, Trade Deficit Widens
India's merchandise exports surged by 18.7% year-on-year in December 2025, official data shows. However, the trade deficit widened marginally as import growth outpaced exports.
Air India A350 Engine Damaged by Cargo Container in Delhi
An Air India A350 aircraft suffered engine damage after sucking in a cargo container at Delhi airport. The flight to New York returned due to unrelated airspace closure, facing further issues on landing.
Venezuela Oil May Replace Russian Crude for India
India seeks Venezuelan oil as Russian supplies dwindle. With 303 billion barrels in reserves, Venezuela could become India's new affordable energy partner.
India-US Trade Deal Talks Underway, Says Commerce Secretary
Commerce Secretary Rajesh Agrawal confirms ongoing discussions between India and the US for a trade agreement, aiming to boost bilateral economic ties.
India-EU Aim for FTA Ahead of Leaders' Meet: Commerce Secy
India and the European Union are working to finalize their free trade agreement before the upcoming leaders' meeting, as confirmed by the Commerce Secretary.
India-US Trade Deal Talks Continue, Scope Seen
Commerce Secretary Rajesh Agrawal confirms ongoing discussions between India and the US on a potential trade agreement, noting positive export growth despite tariffs.
India-EU Trade Deal Close to Finalization
Commerce Secretary Sunil Agrawal announces India and the European Union are very close to finalizing a major trade agreement, potentially before leaders meet in New Delhi this month.
India's Exports Jump 18.7% to $38.5 Billion in December
India's merchandise exports witnessed a robust increase of 18.7% in December, reaching $38.5 billion, driven by strong performance in key sectors like engineering goods and electronics.
Air India-Saudia Codeshare Deal: Benefits for Indian Travellers
Air India and Saudia's new codeshare agreement, effective February, promises enhanced connectivity and convenience for Indian passengers flying to Saudi Arabia and beyond.
India's December Exports Dip, Imports Rise, Deficit $6.9B
India's merchandise exports fell marginally in December while imports increased, resulting in a trade deficit of $6.9 billion. The data reflects ongoing global economic pressures.
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