News for 'tariffs'

India suspends postal services to US amid new customs rules

India suspends postal services to US amid new customs rules

Rediff.com23 Aug 2025

Under an Executive Order issued by the US administration on July 30, 2025, goods valued above USD 100 will be subject to customs duties in America with effect from August 29 onwards.

Packed Calendar, Big Diplomatic Moves

Packed Calendar, Big Diplomatic Moves

Rediff.com16 Oct 2025

Since June, India's ministry of external affairs has intensified its diplomatic calendar, hosting several heads of state and government, foreign ministers, and key trade delegations.

TMC downplays cross-voting in vice-presidential poll

TMC downplays cross-voting in vice-presidential poll

Rediff.com11 Sep 2025

Trinamool Congress leader Derek O'Brien criticizes the government's focus on cross-voting in the vice presidential poll, urging attention to issues like US tariffs, Manipur violence, and MGNREGA funds.

US Needs India As Much As India Needs The US

US Needs India As Much As India Needs The US

Rediff.com6 Sep 2025

India-US relations, like Rome, were not built in a day, nor can they be demolished in a day.
All said and done, when the new global order emerges, India can only remain with the democracies, asserts Ambassador T P Sreenivasan.

Trump's 'America First' agenda may lead to higher tariffs

Trump's 'America First' agenda may lead to higher tariffs

Rediff.com6 Nov 2024

With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.

India portrays itself as US's closest friend, but...: Top Trump aide

India portrays itself as US's closest friend, but...: Top Trump aide

Rediff.com4 Aug 2025

Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.

'IOB Bets Big On M&A Financing'

'IOB Bets Big On M&A Financing'

Rediff.com3 Nov 2025

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'

'On Track For GDP Growth Exceeding 6.8%'

'On Track For GDP Growth Exceeding 6.8%'

Rediff.com3 Nov 2025

'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'

RBI raises FY26 GDP growth projection to 6.8%

RBI raises FY26 GDP growth projection to 6.8%

Rediff.com1 Oct 2025

The Reserve Bank on Wednesday revised upward its growth estimates for the current fiscal year to 6.8 per cent and lowered its inflation projection to 2.6 per cent based on an above-normal monsoon and the rationalisation of GST rates.

Have mechanism to deal with US sanctions on India: Russia

Have mechanism to deal with US sanctions on India: Russia

Rediff.com20 Aug 2025

Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday.

China punishes 9 military officials for graft, top general under probe

China punishes 9 military officials for graft, top general under probe

Rediff.com17 Oct 2025

China's second-ranked general, He Weidong, is under investigation for corruption, along with nine other senior military officers punished for discipline violations and work-related crimes. This crackdown comes ahead of a key Communist Party conclave.

Uncertainty resulting from Trump's tariffs will be short-lived: TCS CEO

Uncertainty resulting from Trump's tariffs will be short-lived: TCS CEO

Rediff.com13 Apr 2025

K Krithivasan -- the chief executive and managing director of TCS -- believes that the tariff moves-induced uncertainty impacting the sector will be "short-lived" and expects it to get resolved within "months".

Cost-effective: Russia defends oil ties with India after Trump's claim

Cost-effective: Russia defends oil ties with India after Trump's claim

Rediff.com16 Oct 2025

The Indian government is dealing with the matter having in mind the national interests of this country in the first place, he said.

Modi, Xi likely to meet twice on Sunday at SCO summit

Modi, Xi likely to meet twice on Sunday at SCO summit

Rediff.com29 Aug 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.

'We May See Fewer IPO In Next Samvat'

'We May See Fewer IPO In Next Samvat'

Rediff.com21 Oct 2025

'The primary market's rhythm mirrors investor confidence. While sentiment may appear cautious, it reflects maturity, not weakness.'

GST 2.0: What Is Taxed, What Is Exempted

GST 2.0: What Is Taxed, What Is Exempted

Rediff.com4 Sep 2025

The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.

'Trump Tilting Towards Pakistan'

'Trump Tilting Towards Pakistan'

Rediff.com13 Aug 2025

'India is too important to the United States for there to be any kind of a permanent bump in the relationship.'

Is This Why Trump Turned On India?

Is This Why Trump Turned On India?

Rediff.com9 Aug 2025

Trade, defence cooperation and regional strategy had long formed the backbone of India-US ties, but the latest rift shows how quickly those pillars can be shaken by personal grievances and political optics.

FTA deal with India: EU firms want non-tariff barriers to go

FTA deal with India: EU firms want non-tariff barriers to go

Rediff.com15 Mar 2025

European Union (EU) companies operating in India want New Delhi to streamline or remove non-tariff barriers such as Quality Control Orders (QCOs), complex Customs procedures; simplify labelling, testing, and import procedures; and facilitate cross-border digital transactions without data localisation constraints. These are results of a Business Sentiment Survey, 2025 conducted by the Federation of European Business in India (FEBI) ahead of resumption of negotiations for a free trade agreement (FTA) between both the sides scheduled to be concluded by year-end.

Is Pakistan's Rise Wake-Up Call For India?

Is Pakistan's Rise Wake-Up Call For India?

Rediff.com22 Oct 2025

New Delhi might have loudly welcomed an age of multipolarity, hedging and strategic autonomy. But it seems the winner in that game is Islamabad, not us, points out Mihir S Sharma.

Pharma stocks slide as US headwinds hurt

Pharma stocks slide as US headwinds hurt

Rediff.com16 Sep 2025

Concerns over weakening demand for Indian pharmaceutical (pharma) drugs in the US - their largest export market - have weighed heavily on investor sentiment this year. While the Nifty 50 has gained 6.02 per cent year - to - date (as on September 15), the Nifty Pharma index has declined 5.18 per cent, National Stock Exchange data shows.

Gold surges Rs 5,080 to hit fresh peak of Rs 1.12 lakh/10 g in Delhi

Gold surges Rs 5,080 to hit fresh peak of Rs 1.12 lakh/10 g in Delhi

Rediff.com9 Sep 2025

Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

Will The Dragon And Elephant Dance Again?

Will The Dragon And Elephant Dance Again?

Rediff.com7 Aug 2025

A meeting with Chinese President Xi Jinping on the sidelines of the SCO summit is being planned.

Fast, big, agile: India powers SAP's global growth engine like never before

Fast, big, agile: India powers SAP's global growth engine like never before

Rediff.com30 Sep 2025

India remains one of the largest and fastest-growing markets for SAP, and the scale of products being built in the country is bigger compared to other geographies, Manish Prasad, president and managing director of SAP India, said. "The beauty of India is scale, size, and agility.

No phone call between Modi and Trump on Russian oil: MEA

No phone call between Modi and Trump on Russian oil: MEA

Rediff.com17 Oct 2025

India responds to US President Trump's claim that PM Modi assured him of halting Russian oil imports, stating it is diversifying energy sources to meet market conditions and safeguard consumer interests.

Airport operator to be accountable for 3rd-party service standards: AERA chief

Airport operator to be accountable for 3rd-party service standards: AERA chief

Rediff.com11 Sep 2025

An airport operator will be responsible for maintaining overall service standards at an airport, including those delivered by third-party service providers, under new rules being framed by the Airports Economic Regulatory Authority (AERA), its chairman SKG Rahate told aviation stakeholders at a meeting on Wednesday

'Ukraine will not give up, or cede territory'

'Ukraine will not give up, or cede territory'

Rediff.com29 Aug 2025

Ukraine's Ambassador to India Oleksandr Polishchuk asserted that Kyiv "will not give up and will not accept any territorial concessions" amid the ongoing Russia-Ukraine war. He also suggested Moscow has benefitted from trading with New Delhi.

It's 'blood money': Navarro's fresh rant on India's Russian oil buys

It's 'blood money': Navarro's fresh rant on India's Russian oil buys

Rediff.com8 Sep 2025

Using an expletive in his post on X, Navarro said, "Fact: India didn't buy Russian oil in large quantities before Russia invaded Ukraine. It's blood money and people are dying."

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

Close friends, natural partners: Modi responds to Trump

Close friends, natural partners: Modi responds to Trump

Rediff.com10 Sep 2025

Modi's comments came hours after Trump said he feels certain that there will be "no difficulty" for the two countries to come to a successful conclusion in trade talks and he looks forward to speaking with his "very good friend" Modi in the coming weeks.

Trump booed at US Open final

Trump booed at US Open final

Rediff.com8 Sep 2025

US President Donald Trump received a mixed reception of cheers and boos at the US Open final at Arthur Ashe Stadium in New York on Sunday.

GDP growth likely to be lower at 6.3% in FY26

GDP growth likely to be lower at 6.3% in FY26

Rediff.com21 Aug 2025

India's economic growth is expected to be lower at 6.3 per cent this fiscal compared to the RBI's projection of 6.5 per cent, a SBI Research Report said on Thursday. The report pegged the first quarter GDP estimate at around 6.8-7 per cent, mainly due to muted private capex.

Fitch raises India's FY26 GDP forecast to 6.9%

Fitch raises India's FY26 GDP forecast to 6.9%

Rediff.com10 Sep 2025

Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9 per cent for current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led demand.

GST 2.0 Needs Deeper Reforms

GST 2.0 Needs Deeper Reforms

Rediff.com22 Sep 2025

Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Tata Motors Q1 net profit down 62.2% to Rs 4,003 cr

Rediff.com8 Aug 2025

Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.

'I Can't Say On September 22, I Will Be With A Stick'

'I Can't Say On September 22, I Will Be With A Stick'

Rediff.com22 Sep 2025

'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'

'Pakistan Can't Afford To Annoy America'

'Pakistan Can't Afford To Annoy America'

Rediff.com11 Aug 2025

'America holds about 16% of IMF voting rights, giving it crucial influence over Pakistan's desperately needed bailout loans.'

Will Trump Pull The Plug On Russian Oil Sanctions?

Will Trump Pull The Plug On Russian Oil Sanctions?

Rediff.com27 Oct 2025

Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.

Modi hails Trump's Gaza peace plan efforts amid strained ties

Modi hails Trump's Gaza peace plan efforts amid strained ties

Rediff.com10 Oct 2025

Prime Minister Narendra Modi congratulated US President Donald Trump on the success of the first phase of a US-brokered peace plan for Gaza and reviewed trade negotiations during a phone conversation.