Economy

US-India trade meet positive but next negotiating round after more virtual talks

Trade teams from India and the US, led by chief negotiators Brendan Lynch and Rajesh Agarwal, had “positive and forward looking” discussions on Tuesday to put the bilateral trade agreement (BTA) negotiations back on track. But there would be more virtual talks–likely on thorny matters such as India’s red lines in agriculture and insistence on […]

India-US trade talks resume: Deal unlikely unless extra 25% tariffs lifted, says GTRI; urges firm stance on farm, dairy

Progress in India–US trade negotiations depends heavily on Washington revoking the additional 25 per cent tariffs linked to India’s Russian oil imports, according to a report by the India-based Global Trade Research Initiative (GTRI) as discussions resumed in New Delhi on Tuesday.“Negotiations will remain slow unless Washington signals genuine flexibility,” the GTRI report stated, as […]

India-US trade deal: First in-person talks since Donald Trump imposed 50% tariffs; what to expect

This is the first face-to-face trade discussion since US President Donald Trump levied punitive tariffs on New Delhi. (AI image) India and the US are set to resume bilateral trade deal talks on Tuesday with Donald Trump administration’s Brendan Lynch, the assistant US Trade Representative for South and Central Asia, heading the delegation.This is the […]

Trade gap narrows: Exports rise 7%, imports decline 10%

NEW DELHI: Goods exports rose 6.7% to $35.1 billion in Aug – possibly due to exporters advancing shipments to beat higher US tariffs – while imports dropped 10% to $61.6 billion, helping narrow the trade deficit.“Despite global uncertainty, the trade policy uncertainty, India’s exports have done extremely well. It shows that the policies have worked […]

Economy

Mandis shut across Kashmir, farmers report ₹750 crore loss as highway closures stall trade

Parimpora Fruit Mandi was shut down in Srinagar on Monday. All major mandis remained closed in the valley on Monday | Photo Credit: IMRAN NISSAR Kashmir’s fruit trade came to a standstill for the second day on Monday, as mandis across the Valley shut down shutters in protest of frequent traffic disruptions on the Jammu–Srinagar […]

Trade deficit narrows: India’s exports rose in August even as Trump’s 50% tariffs took effect; newer markets eyed

This exports and imports data report marks the first since the United States imposed a 25% tariff on Indian products on August 7. (AI image) With businesses front-loading shipments, India’s exports experienced a second consecutive monthly increase during August, following the implementation of US President Donald Trump’s tariffs.This exports and imports data report marks the […]

Economy

India’s goods exports rise 6.7% in August to $35.10 billion, trade deficit narrows

India’s goods exports increased 6.7 per cent (year-on-year) in August 2025 to $35.10 billion fuelled by sectors such as gem & jewellery, engineering, electronics and petroleum products. Shipments to Washington continued to be front-loaded by exporters to avoid the brunt of US tariffs but there was a slowdown compared to the previous months, per data […]

Trade data: Exports up 6.7% to $35.1 bn in August; imports down 10% as trade deficit narrows

India’s merchandise exports rose 6.7 per cent year-on-year to $35.1 billion in August, while imports fell 10.12 per cent to $61.59 billion, according to government data released on Monday.Exports were valued at $32.89 billion in the same month last year, while imports had stood at $68.53 billion, PTI reported.The country’s trade deficit narrowed to $26.49 […]