Economy & Policy News
Trump tariffs raise alarm, but how dependent is India on US imports
India's exposure to US imports is limited, but sectors like aerospace, LNG, and high-end tech remain strategically vulnerable
US tariff shock puts Indian MSMEs at risk, industry seeks govt support
MSMEs, which drive 45% of India's exports, warn of a $30 bn blow as US imposes steep tariffs; industry calls for urgent support and export market diversification
Money changers demand relief as accounts frozen over suspicious transfers
The industry body for foreign exchange providers, or money-changers, says accounts of members are being frozen on suspicion of proceeds received unknowingly from fraudsters through multi-layering of f
India's GDP growth may dip to 6% in FY26 if 50% tariffs imposed: Moody's
On August 6, the US announced an additional 25 per cent tariff on all Indian imports, in addition to an existing 25 per cent duty, taking the total duty to 50 per cent effective August 27
Committee on MSP held 45 meetings so far, says agriculture minister
The committee was established in July 2022, eight months after the government promised to set up such a panel while withdrawing the three contentious farm laws
FTAs may give India a share in $875 bn imports to EU, UK from China: BCG
India is uniquely positioned to benefit from this realignment, leveraging its strategic location, large domestic consumption base, favourable demographics
US links India tariff hike to 'national security' over Russian oil imports
White House Trade Adviser Peter Navarro links extra 25% tariffs on India to its refusal to stop buying Russian oil, calling it a national security threat amid ongoing US-India trade tensions
How the US chose not to bully China but singled out India in trade war
The Indian establishment, which largely welcomed Trump's ascent to power and genuinely believed that the two were on the cusp of a mutually beneficial deal, seems somewhat shell-shocked
India inflation likely dropped to an eight-year low in July: Poll
The RBI left rates unchanged at 5.50%, as expected, on Wednesday and said the inflation outlook was 'more benign'
Trump's 50% tariff on Indian imports is a US sanction in disguise
A sanction masquerading as tariff is just Trump being innovative
US tariff impact: India's FY26 GDP growth likely to take 60-bp hit
Economists expect India's FY26 GDP to face a 35-60 bps hit from US tariff hike; strong domestic demand may cushion the blow but targeted support may be needed
PM draws the line amid US tariff heat, govt plans strategy for exporters
Govt working on three-pronged strategy to support exporters
US tariff impact: Trump's trade moves could dent India's oil bill savings
State-run refiners are covered for deliveries of crude oil in September even if Russian oil flows cease, a senior trader at a state refiner said. Another trader said they are mostly covered
US tariff: Shrimp biz worth ₹25K cr at stake; farm gate rates drop 19%
Trump's 50% tariff on Indian seafood exports leads to sharp drop in shrimp prices, hurting farmer income in Andhra Pradesh and Odisha; industry urges diversification
India's gems and jewellery exports to US halted after 50% tariff hike
The US tariff hike on gems and jewellery exports from India has halted shipments, slashed market share and may lead to 1.25 lakh job losses in major export hubs
Centre gears up for the launch of PM-KUSUM 2.0 to meet growing demand
The second phase is likely to match or exceed Phase 1's scale, with possible additions like agrovoltaics and minor guideline revisions
US tariff impact: India exploring alternative markets, says MEA official
India is scouting new export destinations in South Asia, Africa, and Latin America after US imposed additional tariffs on goods over Russian crude oil imports
Thali costs fall in July, defying seasonal trends, says Crisil report
Key meal ingredients' prices, however, continued to trend lower from a year ago
Coal India opens power market access for TPPs using linkage coal
The new rule applies to all existing and future FSAs and extends to all power generators, including central and state Gencos and independent power plants
Trump tariff hike to 50% on Indian goods sparks calls for self-reliance
Business and startup leaders urge reduced US dependence as Trump's tariff hike on Indian exports threatens $80 billion in trade and hits tech and FMCG sectors
