The Indian team will tour Australia later this year for a multi-format limited overs series comprising three ODIs and five T20 Internationals.
The official said there are both challenges and opportunities for India as many of its competitor countries in exports, such as China Vietnam, Bangladesh, Cambodia and Thailand, face higher duties.
These duties will come into force from April 9.
An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.
Dipa Karmakar scripts history, becomes first Indian gymnast to win gold in Asian Senior Championships
The team of Jyothi Surekha Vennam, Aditi Gopichand Swami and Parneet Kaur, who qualified as top seed, dropped just four points from 24 arrows to down the sixth seeds by a handsome margin and open their account in the season-opening global showpiece.
Amid the ongoing global tariff war, Reserve Bank Governor Sanjay Malhotra on Wednesday said he is more worried about its impact on growth than inflation. Speaking to the media after presentation of the first bi-monthly monetary policy for the current financial year, Malhotra said, RBI has reduced the growth forecast for 2025-26 by 20 basis points to 6.5 per cent.
Cassandre Beaugrand won gold in the women's triathlon at the Paris Olympics on Wednesday
India's trade relations with Turkey and Azerbaijan are expected to come under strain due to Ankara and Baku backing Islamabad and condemning India's recent strikes on terror camps in Pakistan. Following their support to Pakistan, calls for boycotting Turkish goods and tourism have surfaced across the country, with online travel platforms such as EaseMyTrip and Ixigo issuing advisories against visiting these nations.
Mondo Duplantis was named the Laureus World Sportsman of the Year, while American gymnast Simone Biles bagged the top women's honour at the Laureus World Sports Awards.
The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.
The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to look at their system and processes related to gold loan. "We have asked banks to undertake comprehensive review of the gold loan business," financial services secretary Vivek Joshi told PTI.
Smriti Mandhana expressed her overwhelming joy on winning a gold medal
India's compound mixed team of Jyothi Surekha Vennam and Rishabh Yadav secured a spot in the final at the Archery World Cup Stage 1, guaranteeing a third medal for the country.
On the eve of the Diamond League in Doha, the two-time Olympic medallist and reigning world champion, sought to set the record straight when asked about his equation with Nadeem, who won the gold medal at the Paris Games last year.
Neeraj Chopra's event granted category A status by World Athletics.
India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council. The aggressive gold buying by the Reserve Bank of India (RBI) also contributed to the rise in demand. India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore during the January-March period of this year on volume growth as well as a rise in quarterly average prices by 11 per cent.
The Delhi High Court has directed Customs officials to ensure that old and personal jewellery of travellers, including ornaments being worn by them during travel, are not unnecessarily detained at airports and they are not harassed. The court was hearing a batch of more than 30 petitions raising issues on the procedure for detention of goods belonging to the tourists travelling to India, of both Indian and foreign origin, by the Customs department.
India's exports rose 9.03 per cent to $38.49 billion in April, the highest in six months, driven by healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of $26.42 billion. According to the commerce ministry data released on Thursday, imports increased by 19.12 per cent year-on-year to $64.91 billion in April due to a rise in shipments of crude oil and fertiliser.
Two-time medallist Elavenil Valarivan will fancy her chances on the first competition day of ISSF World Cup in Munich on Tuesday
Letsile Tebogo became the first African to win the men's Olympic 200 metres title on Thursday when he powered clear of American duo Kenny Bednarek and a COVID-hit Noah Lyles to claim Botswana's first Olympic gold medal.
India's top men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty withdrew from the BWF Sudirman Cup Finals due to illness.
India's exports declined for the fourth month in a row in February to $36.91 billion due to volatility in petroleum prices and global uncertainties. The country's exports stood at $41.41 billion in the same month a year ago.
Tan Kim Her's voice was tinged with emotion as he reflected on the journey of Satwiksairaj Rankireddy and Chirag Shetty, the two men he paired and who fondly call him "Daddy".
Home Minister Amit Shah has asserted India's readiness to host the 2036 Olympics at the closing ceremony of the 38th National Games in Haldwani.
In the absence of several Indian and foreign para athletes, who had initially confirmed their participation but pulled out for various reasons, there were several events where the participation was a bare minimum -- in some disciplines just one athlete participated.
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.
'That combination of a rising economy, a growing middle class, and a deepening love of diamonds and jewellery is what we see really doubling the market for diamonds over the next five years.'
Newly-crowned Olympic champion Neeraj Chopra on Monday revealed that he was in pain after his epoch-making performance in the Tokyo Games but it was worth enduring given the historic result he achieved.
Here is a list of Q & As to explain these issues and implications of the US move.
The torches that will carry the Olympic flame for the 2026 Winter Games and Paralympics were unveiled on Monday in Milan and at a parallel event in the Italian pavilion at Expo 2025 in the Japanese city of Osaka.
Rishabh Pant has been nominated for the prestigious Laureus World Comeback of the Year Award.
BCCI wants to adopt Olympic sports; Govt mulling approval to OCI athletes
'I was the only Indian boxer in the final and I badly wanted to win gold for my country.' 'When the referee raised my hand and I was declared the winner, I could not stop the tears rolling down.'
Andhra Pradesh's Jyothi Yarraji and Tejas Shirse of Maharashtra won their third successive gold medals in the women's 110m hurdles and men's 100m hurdles respectively at the National Games in Dehradun.
Jhandu Kumar, who has polio-affected legs since birth, won a gold medal at the recently-concluded Khelo India Para Games. The powerlifter broke his own National record on March 23 in the men's 72kg category with a lift of 206kg.
India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. The engagement between the two countries came in the backdrop of the USA's threat to impose reciprocal tariffs on its key trading partners, including India, on April 2.
The country's forex reserves jumped by $4.53 billion to $658.8 billion during the week ended March 21, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by $305 million to $654.27 billion.
Batters take power-hitting to another level in the IPL, but the "bowlers will have their day" if they focus on staying aggressive without compromising accuracy, says Mumbai Indians' star seamer Trent Boult.
India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.