During a pivotal address marking the centenary celebrations of the Rashtriya Swayamsevak Sangh (RSS) in Nagpur, its chief—Mohan Bhagwat—delivered a strong message rejecting compulsion in international trade and urging renewed focus on Swadeshi (indigenous production) in response to recent US tariffs on Indian goods. Over recent months, the United States imposed steep reciprocal and penalty...
Prime Minister Narendra Modi on Sunday renewed his call for promoting swadeshi (indigenous) products, urging citizens to embrace self-reliance and reduce dependence on foreign-made goods. During his address, he highlighted that many people are often unaware whether everyday items, such as a comb, are made in India or abroad. “We should buy products that are...
Amid rising tensions in India–US relations, United States Secretary of Commerce Howard Lutnick said during an interaction with Bloomberg TV on Friday that India would soon seek reconciliation with Washington. Lutnick predicted that within the next one or two months, India would apologise to US President Donald Trump and come to the negotiating table for...
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...
New Delhi: The Finance Ministry will commence the pre-budget exercise for the fiscal year 2026-27 from October 9, 2025, against a backdrop of geopolitical uncertainties and a steep 50 per cent US tariff on shipments from India. The upcoming budget is expected to focus on boosting domestic demand, generating employment, and steering the economy towards...
Prime Minister Narendra Modi participated in the Shanghai Cooperation Organisation (SCO) Leaders’ Summit held in Tianjin on Monday, September 1, marking India’s significant diplomatic engagement amid rising global trade tensions. This visit is PM Modi’s first to China since the 2020 border clashes and included crucial bilateral meetings with Chinese President Xi Jinping and Russian...
A federal appeals court has delivered a major setback to former President Donald Trump by ruling that his broad use of national emergency powers to impose sweeping tariffs on foreign goods exceeded his legal authority. The US Court of Appeals for the Federal Circuit largely upheld a May ruling by the U.S. Court of International...
President Donald Trump announced the termination of the long-standing de minimis shipping exemption, a policy that previously allowed duty-free import of low-value goods into the United States. The decision, aimed at curbing illicit narcotics shipments and reducing foreign e-commerce advantages, has significant implications for online shoppers, small businesses, and global postal services. The move is...
Ahead of the implementation of 50% tariffs on Indian goods entering the United States from 26 August, Prime Minister Narendra Modi addressed a public rally in Ahmedabad, assuring citizens that the government will safeguard the interests of small entrepreneurs, farmers, and livestock keepers. “No matter how much pressure comes, we will find a way out,”...
S&P Global Ratings stated on Tuesday that the recent hike in US tariffs is unlikely to impact India’s long-term economic growth prospects. The agency highlighted that India’s government remains committed to economic reforms and improving citizens’ living standards. After 18 years, S&P upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook, citing strong...