trade relations

Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal

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Nobel laureate Abhijit Banerjee suggests India reassess Russian oil imports due to increased US tariffs, potentially impacting $27 billion in exports. He proposes leveraging trade ...

Trump’s higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; ‘really very difficult to…’

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RBI Governor Sanjay Malhotra acknowledges the difficulty in predicting the impact of potential US tariffs on India’s GDP growth. While the central bank retained its ...

US effective tariff rate on Indian goods rises to 20.7%, up from 2.4% in 2024; escalating trade tensions cast shadow on growth outlook: Fitch report

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Fitch Ratings reports a significant surge in the effective US tariff rate on Indian goods, escalating to 20.7% in 2025 from a mere 2.4% in ...

India submits TEPA ratification document to EFTA bloc: Trade pact set to begin October 1, $100 bn investment pledged

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India has officially ratified the Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA), submitting the ratification document to Norway. Expected ...

India-US trade: America top buyer of Indian electronics, seafood, apparel; goods exports to Washington surged 23.5% annually

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The US has solidified its position as India’s top trading partner, leading in electronics, marine goods, and garment exports during FY26’s first quarter. Commerce department ...

EU-US trade deal: As Donald Trump’s tariff threat looms, European Union wants to strike a deal – the faster, the better

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The European Union aims to swiftly secure a trade agreement with the United States to alleviate economic uncertainty caused by potential tariffs. Despite the U.S. ...

India-EFTA trade deal: Pact to kick in next couple of months, says Piyush Goyal; deal promises $100 bn investment & duty cuts on key goods

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Commerce and Industry Minister Piyush Goyal announced that the free trade agreement between India and the European Free Trade Association is expected to be implemented ...