Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The US duties on Indian goods will increase to 50 per cent from August 27.
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.
The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.
Communication channels between India and the US are open to resolve the ongoing tariff issues, and the glitch in trade ties is only temporary, given the long-term relationship between the two nations, government sources said on Wednesday. The US' 50 per cent tariffs on Indian exports to America came into effect from August 27, barring a few sectors.
Brazil pulled off a last-gasp 2-1 away victory over Chile in the South American World Cup qualifiers on Thursday.
Jordan Chiles is set to lose her bronze medal in the women's artistic gymnastics floor exercise competition after the Court of Arbitration for Sport ruled in favour of an appeal by Romania's Ana Barbosu.
Chile showed more attacking flair but failed to execute the crucial final pass in a first half marred by injuries, with Peru's Luis Advincula subbed off in the 35th minute and Chilean midfielder Diego Valdes being replaced at half-time.
India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.
India are clubbed alongside Pakistan in Pool B in Junior Men's Hockey World Cup to be held in Chennai and Madurai.
Real Madrid have signed 17-year-old midfielder Franco Mastantuono from Argentine side River Plate on a six-year contract, the LaLiga club said on Friday.
Indian women's team has been relegated to the Nations Cup - a step down from the elite level they've been competing at. For Ireland, however, this is a breakthrough moment.
Talk about a man in a hurry -- 10th seed Ben Shelton required just 55 seconds to finish off Australian Rinky Hijikata and reach the Wimbledon third round on Friday.
Norway's Casper Ruud, the French Open runner-up in 2022 and 2023, crashed out of the tournament in the second round on Wednesday after losing 2-6, 6-4, 6-1, 6-0 to unseeded Nuno Borges of Portugal.
Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.
India has for the first time secured a place among the top 100 out of 167 countries ranked for their progress in achieving the Sustainable Development Goals (SDGs), according to a report published on Tuesday. According to the UN Sustainable Development Solutions Network's 10th and latest Sustainable Development Report (SDR), India ranks 99th on the 2025 SDG Index with a score of 67, while China ranks 49th with 74.4 and the US 44th with 75.2 points.
Very sensitive items -- such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand -- may face restricted concessions.
Alcaraz resists red-hot Rublev to reach Wimbledon quarterfinals
After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.
India's Yuki Bhambri and his American partner Robert Galloway secured a hard-fought victory but Rithvik Bollipalli's search for his maiden win in a Grand Slam main draw continued in the French Open men's doubles opening round, in Paris, on Wednesday.
The fires triggered evacuations in several regions of central Chile.
Pope Francis, who passed away at the age of 88 in Rome on Monday, April 21, less than a day after delivering a brief Easter Sunday message in St Peter's Basilica, is remembered as a spiritual leader whose life and final moments were deeply intertwined with prayer and devotion.
The papal conclave, the process to elect a new Pope, is set to begin on Wednesday, May 7, 2025, following Pope Francis' death. The event takes place within the Sistine Chapel in Vatican City and involves the College of Cardinals.
Unseeded Alejandro Tabilo beat twice champion Novak Djokovic 6-3, 6-4 in the second round of the Monte Carlo Masters on Wednesday to maintain a remarkable 100 percent record win record over the 24-times major winner.
With US President Donald Trump "temporarily suspending" country-specific reciprocal tariffs until July 9, India sees the three-month window as an opportunity to renew its push for a proposed bilateral trade agreement (BTA) with the US and expedite finalisation of the first tranche of the trade deal.
'...we say that sport is this great phenomenon that is so wonderful and it's healthy and it's good for us all. Let's make sure that it doesn't bring suffering or disadvantage to anybody because of a major event that's come.'
Here is the complete list of tariffs imposed by US President Donald Trump on Wednesday.
Top seed Carlos Alcaraz overcame Croatia's Marin Cilic to reach the round of 16 at the Qatar Open.
Madison Keys was dumped out of the Miami Open third round on Sunday, falling 6-4, 6-2 to Philippine wild card Alexandra Eala
Top seed Carlos Alcaraz withstood a charge from qualifier Luca Nardi for a 6-1, 4-6, 6-3 victory in the second round of the Qatar ExxonMobil Open in Doha on Wednesday.
Hady Habib is the first man representing Lebanon to win a singles main draw match at a Grand Slam in the professional era.
Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services Industries and the iconic bike company Harley Davidson have called on the Donald Trump dispensation to push India to reduce tariffs, non-tariffs, and regulatory barriers to boost American exports.
India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday. To achieve this goal India would require reforms in financial sector as well as in land and labour market, the World Bank said in its India Country Memorandum titled 'Becoming a High-Income Economy in a generation'.
Argentina goalkeeper Emiliano "Dibu" Martinez has been suspended for two matches by FIFA for "offensive behaviour", the Argentine Football Association (AFA) said in a statement on Friday.
Rohan Bopanna and his Croatian partner Ivan Dodig suffered a shock loss to the pair of Francisco Cerundolo and Nicolas Jarry in the first round match of the China Open.
Sinner unclear about CAS case ahead of Australian Open defence
Lionel Messi scored a hat-trick and had a hand in two more goals as Argentina crushed Bolivia 6-0 in South American qualifiers for the 2026 World Cup.
Factbox on Italy's Jannik Sinner, who beat Germany's Alexander Zverev 6-3, 7-6(4), 6-3 in the Australian Open final
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