News for 'Import tariff'

Why Scotch Whisky Makers Are Worried

Why Scotch Whisky Makers Are Worried

Rediff.com13 Mar 2023

India is the UK's second-largest market by volumes for Scotch, importing the equivalent of 136 million bottles, worth £146.2 million, in 2021.

India's exports cross $820 bn in 2024-25: Commerce ministry

India's exports cross $820 bn in 2024-25: Commerce ministry

Rediff.com9 Apr 2025

The country's goods and services exports have crossed $820 billion in 2024-25, marking a nearly 6 per cent increase over the previous fiscal year despite global economic uncertainties, the commerce ministry said on Wednesday. The exports stood at $778 billion in 2023-24.

'India Is Where The Action Is'

'India Is Where The Action Is'

Rediff.com20 May 2025

'Pakistan is no longer a front-burner issue for America.'

Why Nifty tanked over 14% from its record peak

Why Nifty tanked over 14% from its record peak

Rediff.com26 Feb 2025

Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

MEA Pushes For Quick Resolution To China's Rare Earth Curbs

Rediff.com13 Jun 2025

'We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in the supply chain.'

Budget 2025: What is costlier, what is cheaper

Budget 2025: What is costlier, what is cheaper

Rediff.com2 Feb 2025

Here is a list of items set to become cheaper and costlier.

March blow for retail auto sales, may face headwinds

March blow for retail auto sales, may face headwinds

Rediff.com10 Apr 2025

The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.

Hope PM told Trump it's not right to...: Opposition parties

Hope PM told Trump it's not right to...: Opposition parties

Rediff.com14 Feb 2025

Opposition leaders in India have expressed hope that Prime Minister Narendra Modi raised the issue of the deportation of Indian illegal immigrants from the United States during his recent visit. They criticized the manner in which the Indians were sent back, shackled and handcuffed on a military aircraft. The leaders also discussed the need for India to address the root causes of migration and the importance of national interest in diplomatic relations with the United States.

FPIs turn net buyers; inject Rs 8,500-cr in the week

FPIs turn net buyers; inject Rs 8,500-cr in the week

Rediff.com20 Apr 2025

Foreign investors have infused nearly Rs 8,500 crore in the country's equity markets last week, after a phase of heavy outflows earlier in the month, supported by renewed investor confidence, resilient domestic economy and relative insulation from global trade disruptions. During the holiday-truncated week ended April 18, Foreign Portfolio Investors (FPIs) made a net investment of Rs 8,472 crore in equities.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

Stalin Can Win 2026 Poll If...

Stalin Can Win 2026 Poll If...

Rediff.com18 Jul 2025

...the DMK chief minister's campaign -- which includes criticism of the BJP's 'pro-Hindutva, anti-Tamil, anti-federal' policies and building on his own government's social welfare programmes targeting especially women and youth -- appeals to Tamil Nadu's voters in next year's assembly election, explains N Sathiya Moorthy.

China is top military, cyber threat, says US intelligence

China is top military, cyber threat, says US intelligence

Rediff.com26 Mar 2025

US intelligence agencies have identified China as the primary military and cyber threat to the US, noting that it continues to enhance its capabilities to potentially take control of Taiwan, according to a report by Taipei Times.

Markets In Meltdown: What Should You Do?

Markets In Meltdown: What Should You Do?

Rediff.com8 Apr 2025

'Investors should continue with their SIPs, especially during market corrections.' 'For those looking to start new SIPs, beginning with large-cap funds is a prudent strategy, followed by flexi-cap and value-oriented approaches.'

'Small Cars Must Grow By 8-10% For...'

'Small Cars Must Grow By 8-10% For...'

Rediff.com11 Jun 2025

'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'

India, US to finalise broad contours of proposed trade deal soon

India, US to finalise broad contours of proposed trade deal soon

Rediff.com17 Feb 2025

India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced to more than double the two-way commerce to $500 billion by 2030 and negotiate the first tranche of a mutually beneficial, multi-sector bilateral trade agreement (BTA) by fall of 2025.

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

For Tesla, India is a challenge as well as opportunity

For Tesla, India is a challenge as well as opportunity

Rediff.com19 Mar 2025

With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.

'Budget Lacks Big Ideas'

'Budget Lacks Big Ideas'

Rediff.com13 Feb 2025

'This Budget did not live up to expectations.'

Never going to be a dull moment with Trump: Tharoor

Never going to be a dull moment with Trump: Tharoor

Rediff.com21 Jan 2025

Senior Congress leader Shashi Tharoor said on Tuesday that judging by US President Donald Trump's initial statements, there is never going to be a dull moment during his presidency, and expressed hope that the Indo-US ties are in a "good shape". He also raised concerns about the potential impact of Trump's policies on trade and illegal migration on India. Tharoor said that there might be pressure on India to either remove tariffs on American goods or suffer high tariffs on Indian exports to America.

Trump promises 'wonderful deals' to 'great friend' Modi

Trump promises 'wonderful deals' to 'great friend' Modi

Rediff.com14 Feb 2025

US President Donald Trump and Indian Prime Minister Narendra Modi met in Washington D.C. to discuss a range of issues including trade, defense, and energy. The two leaders announced plans to finalize "wonderful trade deals" for both countries, and Trump emphasized the need for India to purchase US oil and gas. Modi congratulated Trump on his second term and highlighted the importance of working together to further strengthen the India-US relationship. The meeting also addressed the ongoing conflict in Ukraine, with Modi reiterating India's commitment to peace.

Gold jumps Rs 630 to hit record high of Rs 82,730

Gold jumps Rs 630 to hit record high of Rs 82,730

Rediff.com22 Jan 2025

Gold prices rallied by Rs 630 to a lifetime high of Rs 82,700 per 10 grams in the national capital on Wednesday following persistent buying by jewellers and retailers amid strong global trends, according to the All India Sarafa Association. Rallying for the sixth straight session, gold of 99.5 per cent purity appreciated by Rs 630 to hit a lifetime high of Rs 82,330 per 10 grams.

Trudeau resigns, Trump renews offer to make Canada 51st US state

Trudeau resigns, Trump renews offer to make Canada 51st US state

Rediff.com7 Jan 2025

US President-elect Donald Trump has renewed his offer to make Canada the 51st state of the United States, hours after Canadian Prime Minister Justin Trudeau resigned. Trump has been pushing this idea since his November 5 electoral victory, citing economic benefits and security concerns. Trump's offer has not been met with much reaction from the Canadian side.

Tharoor defends praising Modi over meet with Trump

Tharoor defends praising Modi over meet with Trump

Rediff.com15 Feb 2025

Congress MP Shashi Tharoor has defended his praise for Prime Minister Narendra Modi following his meeting with US President Donald Trump, stating that he spoke with India's interests in mind. Tharoor said that Modi's US visit had yielded some positive outcomes for the Indian people and noted that Modi being the fourth world leader to meet Trump after he took office underscored India's growing importance on the global stage. However, he also pointed out that the visit left some questions unanswered, such as why the issue of how illegal immigrants were returned to India was not addressed. Tharoor also criticized the tendency of political parties to oppose each other reflexively, saying that there has to be some give and take in a democracy.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

Rediff.com15 Feb 2025

'He needs to see results while he is in office.'

Reliance back on growth path, multiple catalysts to drive performance

Reliance back on growth path, multiple catalysts to drive performance

Rediff.com19 Jan 2025

Reliance Industries Ltd, India's most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said.

Tesla Enters India, Hits Speed Bumps Elsewhere

Tesla Enters India, Hits Speed Bumps Elsewhere

Rediff.com7 Mar 2025

While Elon Musk's political influence continues to grow, his business empire is witnessing headwinds.

Apologise for 1971 atrocities: Bangladesh to Pakistan

Apologise for 1971 atrocities: Bangladesh to Pakistan

Rediff.com18 Apr 2025

Bangladesh has demanded a public apology and compensation from Pakistan for the 1971 atrocities, raising "historically unresolved issues" during the first foreign secretary-level talks between the two countries in 15 years. Dhaka also asked Islamabad to pay USD 4.3 billion as its share from the combined assets at the time of East Pakistan's split from West Pakistan in 1971 to form an independent Bangladesh.

Trump announces $60 billion tariffs on Chinese imports

Trump announces $60 billion tariffs on Chinese imports

Rediff.com23 Mar 2018

The US president alleged that China had been indulging in tremendous intellectual property theft worth hundreds of billions of dollars on a yearly basis.

US ends duty-free tariff for Indian jewellery

US ends duty-free tariff for Indian jewellery

Rediff.com2 Jul 2007

Indian jewellery exports will now attract 6.5 per cent duty in the US.

China to cut tariffs on 100 items

China to cut tariffs on 100 items

Rediff.com14 Dec 2005

Approved by the State Council, or China's cabinet, the move was taken to honour China's tariff reduction commitment upon its accession to the World Trade Organisation, the Customs Tariff Commission said in a statement.

Fag-end buying helps Sensex climb 58 points

Fag-end buying helps Sensex climb 58 points

Rediff.com17 Feb 2025

Mahindra & Mahindra, Bharti Airtel, Tata Consultancy Services, Infosys, ICICI Bank, and ITC were the biggest laggards. Foreign portfolio investors (FPIs) offloaded equities worth Rs 4,294.69 crore on Friday, according to exchange data.

India better placed than China in trade with US: Experts

India better placed than China in trade with US: Experts

Rediff.com6 Nov 2024

Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.

Monthly SIP inflows may rise to Rs 40,000 cr in 18-24 months

Monthly SIP inflows may rise to Rs 40,000 cr in 18-24 months

Rediff.com14 Apr 2025

Fuelled by rising disposable incomes and growing awareness about disciplined investing, monthly SIP inflows across the mutual fund industry could scale up to Rs 40,000 crore over the next 18-?24 months, according to Madhu Nair, CEO of Union Asset Management Company (AMC). SIP inflows stood at Rs 25,925 crore in March, although the industry has witnessed a declining trend over the past four months amid heightened market volatility triggered by frequent US tariff changes.

'Trump Won't Hesitate To Use Hard Power'

'Trump Won't Hesitate To Use Hard Power'

Rediff.com10 Mar 2025

'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'

China plans tariff on select India goods

China plans tariff on select India goods

Rediff.com16 Dec 2005

China will honour its Free Trade Area agreements with its trading partners, levy negotiated tariffs on some Indian goods

India will do...: Trump discusses migrant row with Modi

India will do...: Trump discusses migrant row with Modi

Rediff.com28 Jan 2025

President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.

Lessons For Start Ups From UPI Success Story

Lessons For Start Ups From UPI Success Story

Rediff.com14 Apr 2025

Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.

Why Modi's White House Visit Was A Success

Why Modi's White House Visit Was A Success

Rediff.com20 Feb 2025

Modi lived up to his declaration that his visit was purely meant to strengthen India's relationship with the US, but there may be situations in which our silence on some issues will haunt us in the future, cautions Ambassador T P Sreenivasan.