India

PM Modi's Cabinet approves ₹3,300 crore for 'Made in India' semiconductors

US tariffs on electronics: India emerges favourable among competitors

India has emerged favourably placed in the first round of reciprocal tariff announcements by the US, especially compared to key electronics export competitors like China, Vietnam, Thailand and Indonesia, following the extraordinary and relentless efforts by its negotiators and leaders, industry experts said on Thursday. Apr 3, 2025
India's trade deficit dips to 3-year low of $14.05 billion in February

India's trade deficit dips to 3-year low of $14.05 billion in February

India's merchandise trade deficit narrowed to an over 3-year low at $14.05 billion in February from $22.99 billion in January as exports held steady during the month while imports declined, according to the latest data compiled by the Ministry of Commerce and Industry. Mar 17, 2025
Hyundai has big plans for EV exports from India

Hyundai has big plans for EV exports from India

India will play a key role as a manufacturing hub in achieving Hyundai Motor Company's aim of selling 20 lakh electric vehicles in the global market by 2030, according to the company's president and CEO Jose Munoz. Mar 5, 2025
Whatever they tax us, we tax them: Trump to India, EU, China

Whatever they tax us, we tax them: Trump to India, EU, China

US President Donald Trump, in his first address to a joint session of Congress, said the reciprocal tariffs would take effect on April 2, reinforcing his administration's stance on trade policy and criticising European Union, China, Brazil, India, and South Korea for high tariffs. Mar 5, 2025
India, UK agree to resume free trade talks

India, UK agree to resume free trade talks

Union Minister of Commerce and Industry, Piyush Goyal, on Monday said that India and the UK have decided to restart negotiations for a Free Trade Agreement (FTA), after a meeting here with his UK counterpart Jonathan Reynolds. Feb 24, 2025
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