'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'
From the 30-share blue-chip pack, Adani Ports dropped over 4 per cent. UltraTech Cement, Sun Pharma, IndusInd Bank, NTPC and Tata Steel were also the among the laggards. Nestle, ICICI Bank, Infosys, Tata Consultancy Services and HCL Tech were among the gainers.
'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'
Syed Firdaus Ashraf marches through time to trace the bitter history between Russia and its West European neighbours.
'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'
'India has very strong tariffs on certain imports from the US. Like in the automobile sector, India charges 100 per cent'
The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.
The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is formulating a strategy for five key sectors to boost exports to the United States (US), as President-elect Donald Trump has threatened to impose high tariffs on Chinese goods. "This time, we need to be proactive instead of reactive.
'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'
Fair trade regulator CCI on Thursday ordered a probe against Google and its affiliates for alleged unfair business practices with respect to listing of real money gaming apps on Play Store. While passing the order, CCI said the "the Commission directs the Director General ('DG') to cause an investigation to be made into the matter under the provisions of Section 26(1) of the Act".
'He needs to see results while he is in office.'
'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'
'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday. It said emerging economies have high ambitions for the next decade and beyond with India aiming to become a $30 trillion economy by 2047, from the current $3.6 trillion. India is currently the fifth largest economy.
WTO chief Pascal Lamy has asked India to give increased market access for agricultural products and contribute toward advancement of the contentious Doha Round of global trade talks.
India will take up with Italy trade-related issues, particularly market access problems faced by Indian exporters, when Commerce Minister Kamal Nath meets his Italian counterpart later this week.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
In a recent letter, the telecom equipment makers and their associations wrote: "We urge the government of India to suspend the October 30 draft DoT notification, clarify that the PMA policy will not be applied to any private sector procurements, and initiate a consultation process with global industry and other stakeholders to more effectively address India's security and economic concerns."
India's merchandise exports in October rose by 17.25 per cent to $39.2 billion against $33.43 billion a year ago, according to government data released on Thursday. Imports increased by 3.9 per cent to $66.34 billion in October compared to $63.86 billion in the year-ago period.
There is a need to have a balance in these negotiations so that environment friendly products from developing countries also get improved market access
We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.
The government planned to adopt the 'China approach' to negotiate with the United States on market access to American firms in India, Union IT and Communications Minister Arun Shourie said in Bangalore.\n\n\n\n
On Tuesday, members of Congress from both the Democratic and Republican parties wrote to India's ambassador, Nirupama Rao, asking the Indian government to reconsider its PMA policy and its impact on the information and communications technology sector.
The Competition Commission of India (CCI) on Monday imposed a penalty of Rs 213.14 crore on social media major Meta for unfair business ways with respect to WhatsApp privacy policy update done in 2021. Besides, the competition watchdog has directed Meta to cease and desist from anti-competitive practices.
India has opposed a proposal by a group of industrialised countries led by the United States and the European Union at the World Trade Organization on addressing the issue of market access for industrial goods in the Doha trade negotiations.
While India's export to China stood at only $13.52 billion in 2012-13, its imports from that country aggregated $54.3 billion, leaving a trade deficit of $40.78 billion during the last fiscal.
Commerce and Industry Minister Anand Sharma and European Union Trade Commissioner Karel De Gucht concluded another round of talks on Monday at the European Commission headquarters in Brussels, which the Commission said 'provided a renewed momentum to bring the negotiations forward'.
Sebi has allowed brokers to offer their institutional clients direct access to the exchange trading system through the brokers' infrastructure. This facility allows clients to access the brokers' trading platform without any manual intervention. Brokers must specifically authorise clients for providing the DMA facility after fulfilling the Know Your Client (KYC) requirements. The broker will enter into a specific agreement with the clients for whom they permit DMA facility.
The government said on Wednesday that it would not give greater market access to agri-products of developed countries unless they cut down on their domestic and export subsidies.
New Delhi has categorically told the United States that attempts by some American states to ban outsourcing has evoked adverse political and public reaction in India.
India has flagged concerns over non-tariff barriers (NTBs) faced by its exporters with the Russian government, commerce secretary Sunil Barthwal said on Monday. NTBs faced by Indian exporters are mainly in sectors such as marine products and pharmaceuticals.
Unrelenting US pressure at the highest levels had led to New Delhi's capitulation.
With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.
The new regulations leave registration capital requirements for wholly foreign-owned banks unchanged
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