Related News

Boonchai Wedmakawand | Moment | Getty Images The founder of the company behind the IRL social media app was charged with defrauding investors of $170 million in the company’s 2021funding

NEW DELHI: PM Narendra Modi on Wednesday reiterated the need to focus on self-reliance and ‘vocal-for-local’ while chairing the cabinet meeting. He also said India is ready to face all

NEW DELHI: The finance ministry on Wednesday cautioned that while the immediate impact of US tariffs on Indian exports may be limited, their secondary and long-term effects could pose significant

European Commissioner for Trade Maros Sefcovic is expected to visit India next month to assess the progress of free trade agreement (FTA) negotiations with Commerce Minister Piyush Goyal, PTI reported

US President Donald Trump’s decision to impose a 50% tariff on Indian goods from August 27 will hurt major export sectors but also presents an opportunity for India to strengthen

Former Niti Aayog CEO Amitabh Kant said India should view the US tariff hike as a wake-up call to implement bold and once-in-a-generation reforms while diversifying its export markets for

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Blow for exporters! How will Donald Trump’s tariffs hit India Inc? Check sector & company-wise list

Word Count: 419 | Estimated Reading Time: 3 minutes



The tariff has increased sharply from 12% to 62%, expected to severely impact exporters such as Shahi Exports, Richa Global Exports, and Eastman Exports Global Clothing. Production is concentrated in Delhi NCR, Tiruppur, Bengaluru, and Ludhiana. With Indian garments effectively priced out of the US market, sourcing is expected to shift to Bangladesh, Vietnam, and China, making the outlook for this sector negative. In FY 2024–25, India exported garments worth $3.4 billion. (Photo credit: AI image)





Source link

Most Popular Articles