US Solar Duties Push Gujarat Firms to Diversify Markets
The US imposes up to 126% duties on Indian solar cells, prompting Gujarat manufacturers to diversify exports and boost local production under ALMM-II norms.
Category : Trade & Export
US Plans Global Tariff Hike to 15%, China Exempted
The Trump administration plans to raise global tariffs from 10% to 15% for select countries, while China will be spared from increases. US Trade Representative Jamieson Greer announced the move, citing trade agreements and ongoing negotiations.
Tourism Key to National Growth, Targeting 10% GDP Share
Union Minister Gajendra Singh Shekhawat emphasizes tourism's role in India's development, aiming to increase its GDP contribution to 10% through initiatives like SATTE 2026.
Ludhiana Exporters Get Major Boost with Dak Niryat Kendra
Ludhiana's new Dak Niryat Kendra at the Head Post Office will provide on-site customs clearance, eliminating the need for exporters to travel to Delhi or other distant cities for customs formalities.
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Adityanath Invites Japanese Investment in Uttar Pradesh
Uttar Pradesh Chief Minister Yogi Adityanath has extended an invitation to Japanese companies to invest in the state, highlighting its strategic location and business-friendly policies.
US 125.9% Duty on Indian Solar Cells Threatens Exports
The US Commerce Department's preliminary countervailing duty of 125.9% on Indian crystalline silicon photovoltaic cells could render exports commercially unviable, impacting major firms like Waree and Vikram Solar.
US Slaps 126% Tariff on Indian Solar Panel Imports
The United States has imposed a 126% tariff on imports of Indian solar panels, a move that could significantly affect bilateral trade and India's renewable energy sector.
Bengaluru-Frankfurt Airports Sign Cargo Connectivity Pact
Kempegowda International Airport in Bengaluru and Frankfurt Airport have signed a strategic partnership to boost air cargo connectivity, leveraging the EU-India Free Trade Agreement to spur bilateral trade and economic growth.
CPM Protests India-US Trade Deal, Seeks Transparency
The Communist Party of India (Marxist) stages protests in Himachal Pradesh against the India-US trade deal, urging the central government to disclose details publicly amid concerns over sovereignty and economic impact.
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US 125.9% Duty on Indian Solar Cells Threatens $1.2B Exports
The US Commerce Department's proposed 125.9% countervailing duty on Indian solar cells could make exports commercially unviable, impacting major companies like Waree Energies and Vikram Solar.
DJI Sues US FCC to Overturn Drone Ban in Court
Chinese drone giant DJI files lawsuit against FCC to challenge Covered List designation, alleging overreach and threatening US market access for new technology.
AI Farming Deepens Debt Crisis for Punjab, Haryana Farmers
A global report warns AI-driven, capital-intensive agriculture could worsen debt and marginalize small farmers in Punjab and Haryana, where institutional farm debt exceeds ₹2 lakh crore.
Meghalaya Strawberry Festival 2026 Promotes Agro-Tourism
The Meghalaya Strawberry Festival 2026 launched at Wah-Ling-Syiem Meadows in Smit, showcasing state efforts to enhance agro-tourism and entrepreneurship through strawberry cultivation and value-added products.
Russia, Iran Cut Oil Prices in China Battle After India Pullback
Russian and Iranian oil producers are offering deeper discounts to compete for Chinese buyers after India reduced purchases. Russia's Urals crude now sells at $12 below Brent, while Iranian Light is $11 below benchmark.
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US Slaps 126% Duty on Indian Solar Imports, Trade Impact
The US has imposed a 126% preliminary duty on solar imports from India, affecting trade relations and the renewable energy sector. This move could impact India's solar exports and global market dynamics.
Oil Near 7-Month High Ahead of US-Iran Talks
Global oil prices remain elevated near seven-month highs as markets await crucial US-Iran negotiations, with Brent crude trading above $86 per barrel amid supply concerns.
US 126% Solar Tariff Hits Indian Firms Hard
The US decision to impose a 126% tariff on solar imports is expected to severely impact Indian manufacturers, reducing demand and production for their products in the American market.
Indian Startup Founder Quits Sweden Due to Hostile Migration System
An Indian startup founder was compelled to sell his firm and return to India after facing Sweden's challenging migration policies, highlighting systemic issues for entrepreneurs.
Yogi Adityanath Pitches UP as Global Investment Hub in Tokyo
Uttar Pradesh Chief Minister Yogi Adityanath presented the state as a premier investment destination in Tokyo, highlighting its skilled workforce, infrastructure, and economic growth.
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IndiGo Passengers Stuck 5 Hours Inside Flight at Chennai Airport
Approximately 200 IndiGo passengers were trapped for over five hours inside a grounded aircraft at Chennai airport without adequate ventilation or food, sparking widespread outrage.
Venezuela Resumes Major Crude Oil Shipments to India
Venezuelan crude oil flows to India again as trading firms hire very large carriers, boosting exports after US sanctions relief. Shipments expected to rise, with India reducing reliance on Russian oil.
US Solar Duties Hit Indian Stocks, Shares Plunge
Indian solar equipment manufacturers' shares tumbled after the US announced countervailing duties on imports from India, Indonesia, and Laos, citing unfair subsidies.
Indian Founder Leaves Sweden, Cites Xenophobic Immigration
Abhijith Nag Balasubramanya, founder of Hydro Space Sweden AB, announces departure after selling his company, criticizing Sweden's migration agency as incompetent and xenophobic.
US Warns Tech Giants on Taiwan Chip Dependence Risk
US national security officials have repeatedly warned Apple, Nvidia, Qualcomm and AMD about the economic risks of relying on Taiwan for advanced semiconductors, citing potential Chinese military action.
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Goyal's 4-Point Plan to Accelerate India's Export Growth
Union Minister Piyush Goyal outlines a comprehensive strategy focusing on FTA awareness, quality standards, value addition, and local ecosystems to enhance India's export competitiveness globally.
US Imposes 125.87% Duty on Indian Solar Goods as Imports Soar
The United States has announced a preliminary countervailing duty of 125.87% on specific solar products imported from India. This move follows a dramatic increase in solar imports from India, which surged to USD 792.6 million in 2024 from just USD 83.86 m
India's Auto, Renewable Energy Support WTO Compliant: Official
India's support measures for the automotive and renewable energy sectors are fully compliant with WTO norms, according to an official statement. This follows China's request for a WTO panel to hear the case.
Textile Exporters Demand Restoration of RoDTEP Scheme Rates
Coimbatore textile exporters warn that a 50% reduction in RoDTEP benefits will severely impact the industry's global competitiveness, jeopardizing jobs and the $100 billion export target by 2030.
UP Signs Rs 4,458 Crore MOU with AISATS for Noida Airport
Uttar Pradesh Chief Minister Yogi Adityanath and senior officials signed a major MOU with AISATS in Singapore for Rs 4,458 crore investment. The deal includes a cargo campus and air catering kitchen at Noida International Airport in Jewar.
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Ex-Israeli Envoy on India's FTA Shift, Strong Ties Before Modi Visit
Former Israeli Ambassador Daniel Carmon expresses confidence in India-Israel FTA progress, citing India's trade policy shift under Piyush Goyal and emphasizing strategic cooperation despite Gaza issues.
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