New Delhi: After completing the rationalisation of Goods and Services Tax (GST), the Narendra Modi-led government is now preparing to roll out a relief package for Indian exporters impacted by steep tariffs imposed by US President Donald Trump. According to official sources, the package is expected to provide targeted support to sectors struggling under the...
The United States has announced the imposition of an additional 25% tariff on imports from India, effective from August 27, 2025, at 12:01 am EDT (9:30 am IST), according to the Department of Homeland Security. The new tariffs will apply to all Indian-origin goods entering the US for consumption or withdrawn from warehouses after the...
Russia has announced that it will continue supplying crude oil to India at a 5% discount, even as the United States increases tariff pressure on New Delhi for purchasing Russian oil amid the Ukraine conflict. Evgeniy Griva, Russia’s Deputy Trade Representative to India, confirmed the development, saying, “There will be a 5% discount, subject to...