New Delhi, Feb 7 (IANS) Commerce and Industry Minister Piyush Goyal said on Saturday that the farmers’ interests remain paramount and no concessions have been extended to sensitive agricultural sector produce in grains, fruits, vegetables, spices, oilseeds, dairy, poultry and meat, among others.Replying to a question from IANS during a press meet here, Goyal said the country has secured preferential access for Indian goods through the India-US Interim Agreement framework.“There has been no com…
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New Delhi, Feb 7 (IANS) Reiterating that India has completely protected its agriculture and dairy sectors in the US trade agreement, Commerce and Industry Minister Piyush Goyal said on Saturday that the country now has lowest US tariffs among its neighbours as well as competitors.China has been imposed with over 35 per cent tariffs, while Bangladesh and Vietnam have been slapped with 25 per cent tariffs while India has a much lesser tariff now, the minister said during a press conference here.So…
New Delhi, Feb 5 (IANS) Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan on Thursday asserted that the India–US trade agreement fully safeguards the interests of Indian growers, rejecting Opposition claims that the agriculture sector has been compromised. Describing the deal as a balanced outcome rooted in diplomacy, development and national dignity, Chouhan said tariff rationalisation would expand export opportunities for Indian produce while keeping domestic markets prot…
Jaipur, Feb 4 (IANS) Rajasthan Chief Minister Bhajanlal Sharma on Wednesday said the newly-signed trade agreement between India and the United States will be a “game changer” for the state’s economy.CM Sharma said Rajasthan is expected to reap “immense benefits” from the newly signed trade agreement between India and the United States.Expressing optimism over the agreement reached under the leadership of Prime Minister Narendra Modi, the Chief Minister said the deal reflects growing global confi…
New Delhi, Feb 3 (IANS) The India-US trade agreement is the most important deal for the country and will generate more jobs and also add to foreign exchange, said Ashishkumar Chauhan, NSE MD and CEO, on Tuesday.Speaking to IANS, Chauhan stated that the trade deal between the US and India was expected for a long time, and now will be implemented immediately, unlike the European deal, which is expected to roll out after six months.“India is the only country that has manpower, high-tech appreciat…
Mumbai, Feb 2 (IANS) Hyundai Motor India Limited on Monday reported a solid performance in the third quarter (Q3) of FY26, with its consolidated net profit rising 6.3 per cent year-on-year to Rs 1,234.4 crore. The growth was supported by steady demand in the domestic market, strong export numbers and higher sales during the festive season, the company said in its stock exchange filing.Revenue from operations during the quarter increased 8 percent compared to last year to Rs 17,973.5 crore.Operat…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman rolled out a range of customs duty cuts across sectors such as marine products, textiles, leather, and defence and aviation sectors to boost manufacturing and increase exports in the Union Budget 2026-27 presented in the Lok Sabha on Sunday.As part of sector-specific measures to promote exports of marine products, the Finance Minister proposed to raise the limit for duty-free imports of specified inputs used for processing seafood for e…
Vadodara, Jan 29 (IANS) The signing of the Free Trade Agreement (FTA) between India and the European Union (EU) has been welcomed by traders in Gujarat’s Vadodara, who see it as a positive development for domestic trade and exports. Business leaders believe the agreement will help Indian exporters access European markets while reducing the impact of rising global trade barriers.Ramesh Patel, Vadodara Trade Development Organisation President and Advisor to Confederation of All India Traders (CAIT…
New Delhi, Jan 27 (IANS) India is expected to gradually increase its market share from 5 per cent to 8-9 per cent in the EU’s ready-made garment (RMG) imports, unlocking an incremental annual export opportunity of nearly $4-4.5 billion over the medium term, a report showed on Tuesday.The European Union (EU) is the world’s largest RMG market, with imports of nearly $84 billion (excluding trade among EU countries) in 2024, according to the report by CareEdge Ratings.India currently exports $4….
New Delhi, Jan 22 (IANS) A FICCI pre-Budget survey on Thursday reflected strong optimism across industry, with nearly 80 per cent of respondents expressing confidence in India’s growth prospects.Nearly half of the participants expect GDP growth to remain in the 7–8 per cent range in FY 2026–27, reaffirming faith in India’s medium-term fundamentals despite persistent global uncertainties.According to the FICCI survey, industry also underscored the importance of fiscal prudence, with aroun…