Trade

India–US trade deal cuts tariffs, boosts export outlook and market sentiment

By Axel Miller | 03 Feb 2026

India and the U.S. strike a trade deal slashing tariffs to 18%, boosting Indian exports, lifting markets and reshaping energy and trade ties.

European Carmakers Warn Against ‘Restrictive’ India–EU Trade Deal as Talks Enter Final Stretch

By Axel Miller | 22 Jan 2026

European carmakers’ group ACEA warned negotiators against a restrictive India–EU trade deal, urging tariff cuts on auto components as talks enter the final stretch.

Trump threatens 200% tariffs on French wine and champagne amid Macron dispute

By Cygnus | 20 Jan 2026

Trump threatened 200% tariffs on French wine and champagne, raising uncertainty for exporters and U.S. importers and increasing the risk of EU retaliation.

EU and Mercosur Sign Landmark Trade Deal After 25 Years of Talks

By Cygnus | 18 Jan 2026

EU and Mercosur signed a landmark free trade deal after 25 years of talks, but ratification hurdles in Europe could shape the pact’s timeline.

Trump Imposes 25% Tariff on Select AI Chips to Push Domestic Production

By Axel Miller | 15 Jan 2026

Trump imposes a 25% tariff on select advanced computing chips under Section 232 to push U.S. semiconductor manufacturing, while allowing exemptions tied to domestic supply-chain buildout.

Trump Imposes 25% Tariff on Select AI Chips to Push Domestic Production

By Axel Miller | 15 Jan 2026

Trump imposes a 25% tariff on select advanced computing chips under Section 232 to push U.S. semiconductor manufacturing, while allowing exemptions tied to domestic supply-chain buildout.

India Slips to Third Spot as Refiners Cut Back on Russian Crude Imports: Report

By Cygnus | 13 Jan 2026

India slipped to third place among the largest buyers of Russian fossil fuels in December 2025 after refiners reduced crude purchases, according to a CREA report, allowing Türkiye to overtake India for the month.

As EU Trade Deal Nears Completion, BMW Flags Risk of Chinese Carmakers Entering India via Europe

By Axel Miller | 13 Jan 2026

As India and the EU near a Free Trade Agreement, BMW warns weak safeguards could enable Chinese automakers to enter India via Europe. The carmaker proposes a €20,000–€30,000 price floor and stricter rules of origin.

Trump Announces 25% Tariff on Countries Trading With Iran as U.S. Steps Up Pressure

By Cygnus | 13 Jan 2026

Trump says the U.S. will impose a 25% tariff on countries doing business with Iran, expanding “secondary” economic pressure amid unrest in Iran and renewed geopolitical tension.

Saudia Resumes Kozhikode Operations, Boosting India Footprint

By Cygnus | 12 Jan 2026

Saudia will resume Riyadh–Kozhikode flights from Feb 1, 2026, restoring a key India–Saudi air link and expanding its India network to seven cities.

Reliance got one-month reprieve from US sanctions on oil imports from Russia: report

By Unnikrishnan | 25 Dec 2025

Reliance secures a 1-month US waiver for pre-contracted Russian oil. RIL diverts Rosneft cargoes to domestic units to safeguard EU exports.

India concludes free-trade talks with New Zealand, signs MoU

By Unnikrishnan | 23 Dec 2025

India and New Zealand conclude historic FTA talks. Deal excludes dairy to protect farmers but slashes tariffs on 95% of goods. NZ to invest $20 billion.

India, Oman sign Comprehensive Economic Partnership Agreement

By Unnikrishnan | 19 Dec 2025

India and Oman sign a landmark CEPA, offering zero-duty access on 98% of goods. A new era for trade, services, and strategic Gulf region partnership.

India, Ethiopia elevate bilateral ties to ‘strategic partnership’

By Unnikrishnan | 18 Dec 2025

India-Ethiopia ties reach Strategic Partnership. Trade, AI, and debt relief deals signed in 2025.

Cheap copper imports under FTAs threaten domestic manufacturing, industry body warns

By Axel Miller | 15 Dec 2025

IPCPA warns cheap copper imports under FTAs, especially from UAE, threaten Indian manufacturing; seeks 3% safeguard duty and quota fix.

India’s merchandise trade deficit up $27.28 bn at $223.13 billion in April-November 2025

By Unnikrishnan | 15 Dec 2025

India's merchandise trade deficit widens to $223.13 bn in Apr-Nov; strong services surplus narrows the overall gap.

India’s Russian Crude Imports Hit Five-Month High as State Refiners Fill Gap

By Axel Miller | 12 Dec 2025

India’s Russian crude imports hit a 5-month high of €2.6 billion in November as state refiners ramp up buying. Refined fuel exports to Australia surge.

India and Singapore look beyond comprehensive economic cooperation to strategic partnership

By Unnikrishnan | 04 Sep 2025

India and Singapore have decided to take their bilateral relations to a comprehensive strategic partnership with across-the-board collaboration, especially in new and emerging areas.

How Trump Threatened Tariffs on Nations Imposing Digital Taxes During His Presidency

By Cygnus | 26 Aug 2025

During his presidency, Donald Trump issued a stern warning to countries that had implemented or were considering digital taxes, threatening to respond with steep tariffs on their exports to the United States.

US slaps sanctions on 6 Indian companies over imports from Iran

By Unnikrishnan | 03 Aug 2025

The United States on Wednesday imposed sanctions on six Indian companies, including Alchemical Solutions, Global Industrial Chemicals, Jupiter Dye Chem, Ramniklal S Gosalia & Co

India-UK CETA to buoy bilateral trade and investment

By Unnikrishnan | 27 Jul 2025

India and the United Kingdom on Thursday signed a Comprehensive Economic and Trade Agreement (CETA) that will eliminate or drastically reduce tariffs on a whole range of goods and services

India’s April-May merchandise trade deficit hits $48.33 bn as imports continue to rise

By Unnikrishnan | 17 Jun 2025

India added $21.88 billion to its trade deficit in May 2025, taking its trade deficit for the first two months of the current financial year (April-May 2025-26), to $48.33 billion.

India closes FY25 with a merchandise trade deficit of $282.83 bn

16 Apr 2025

India exported goods valued at $437.42 billion during the financial year 2024-25 (April-March) against exports valued at $437.07 billion during 2023-24.

Apple boosts India base as Trump exempts smartphones, computers and chips from ‘reciprocal’ tariffs

14 Apr 2025

Apple Inc is ramping up smartphone production in India reaching $22 billion worth of iPhones, or roughly 20 per cent of its global production

India banks on bilateral trade deal to avert tariff row with US

12 Apr 2025

India is reported to have finalised the terms of the first phase of a bilateral trade deal with the United States, its largest trading partner