Monday, August 4, 2025

Creating liberating content

The logo for Wondery is displayed on a smartphone in

Tesla CEO Elon Musk was awarded an interim pay package

Related News

The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones |

Visitors seeking B-1 and B-2 visas from countries with significant overstay percentages must submit bonds before visa approval. (AI image) The Donald Trump administration has announced that some categories of

Tesla CEO Elon Musk was awarded an interim pay package of 96 million shares of the company over the weekend. The shares would be worth about $29 billion. Tesla stock

India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to

Harvey co-founders Winston Weinberg and Gabe Pereyra Courtesy of Harvey Artificial intelligence startup Harvey on Monday announced it has reached $100 million in annual recurring revenue, or ARR, just three

Baidu will bring its driverless taxis to Europe next year via a partnership with U.S. ridehailing firm Lyft, as the Chinese tech giant looks to expand its autonomous vehicles globally.

Trending News

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

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

US tariff impact: Commerce minister Piyush Goyal calls meet with exporters

Word Count: 550 | Estimated Reading Time: 3 minutes


US tariff impact: Commerce minister Piyush Goyal calls meet with exporters

NEW DELHI: Commerce and industry minister Piyush Goyal will hold a key meeting with exporters on Wednesday to discuss the implications of the 26% additional reciprocal tariffs recently imposed by the US under President Donald Trump’s administration, according to an industry official.
Senior officials from the commerce ministry, representatives from various Export Promotion Councils (EPCs), and the Federation of Indian Export Organisations (FIEO) are expected to attend the meeting.
An official from one of the councils said exporters are preparing to raise concerns over the potential fallout of the U.S. tariffs, which could hurt demand and ultimately impact India’s outbound shipments. “The duty may impact demand in the US, which would hurt our exports,” an exporter noted.
The U.S. is India’s largest export market, accounting for nearly 18% of India’s total goods exports, 6.22% of imports, and 10.73% of bilateral trade. India’s merchandise exports fell for the fourth consecutive month in February, citing global economic uncertainties.
From April to February in the 2024–25 fiscal year, India’s merchandise exports reached USD 395.63 billion, marginally higher than USD 395.38 billion in the same period a year earlier. Meanwhile, service exports during the same period were estimated at USD 354.90 billion, up from USD 311.05 billion the previous year.
Export sectors expected to be directly impacted by the US tariff hike include shrimp, carpets, medical devices, and gold jewellery.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account