New Delhi, Feb 3 (IANS) Leading industrialists have welcomed the historic India-US trade deal, saying that the reduced 18 per cent tariffs will help strengthen the strategic and economic ties between the two great countries.Anand Mahindra, Chairman of Mahindra Group, wrote in a post on X, “More evidence of the benefits of ‘Making haste slowly.’”“When the noise subsides, two natural partners will come together,” he posted.Kumar Mangalam Birla, Chairman of Aditya Birla Group, applauded…
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New Delhi, Feb 2 (IANS) Industry leaders on Monday hailed the India-US trade deal as announced by President Donald Trump, saying that India has emerged on top of the stack in this “uncertain geopolitical geometry”.As part of the trade deal, the United States will drop a 25 per cent tariff linked to Russian oil purchases as part of India’s agreement to stop buying crude from Russia. In a detailed post on Truth Social, Trump said the agreement would immediately reduce the US reciprocal tariff on…
New Delhi, Feb 3 (IANS) The India-US trade deal is a win-win deal and citizens and industries of both countries will benefit greatly from this agreement, Union Minister Ashwini Vaishnaw said on Monday.In a detailed post on Truth Social, US President Donald Trump said the agreement would immediately reduce the US reciprocal tariff on Indian goods from 25 per cent to 18 per cent, calling it a major shift in bilateral trade ties linked to energy cooperation and broader geopolitical goals.“US and …
New Delhi, Feb 2 (IANS) In a significant development, Prime Minister Narendra Modi on Monday said that ‘Made in India’ products will now have a reduced tariff of 18 per cent, as US President Donald Trump said India and the United States had reached a trade deal.PM Modi posted on X that it was “wonderful to speak with my dear friend President Trump today”.“Delighted that ‘Made in India’ products will now have a reduced tariff of 18 per cent. Big thanks to President Trump on behalf o…
New Delhi, Jan 21 (IANS) OnePlus India on Wednesday denied reports of shutting down its India operations, adding operations continue in normal manner amid online misinformation.In its post on social media platform X, OnePlus India CEO Robin Liu said that I wanted to address some misinformation that has been circulating about OnePlus India and its operations.”I wanted to address some misinformation that has been circulating about OnePlus India and its operations. We’re operating as usual and wi…
New Delhi, Jan 12 (IANS) For the first time since domestic production began in 2021, US tech giant Apple Inc’s iPhone exports from India crossed Rs 2 lakh crore in 2025, as per industry data.Exports of the tech company in January–December 2025 reached a record $23 billion or Rs 2.03 lakh crore, up nearly 85 per cent over 2024 exports.Around three months remain before Apple’s five‑year PLI window ends. Under the production-linked incentive scheme (PLI), Apple’s focus in India had been e…
Gandhinagar, Jan 5 (IANS) Gujarat is preparing for the second edition of the Vibrant Gujarat Regional Conference (VGRC) Kutch–Saurashtra, scheduled to be held in Rajkot on January 11 and 12. As part of the conference build-up, Morbi district has emerged as a focal point, firmly establishing itself as the backbone of India’s ceramic economy.Morbi today accounts for nearly 90 per cent of India’s total ceramic production and exports, making it the country’s undisputed ceramic hub and the world’s …
New Delhi, Jan 5 (IANS) US tech giant Apple achieved a major milestone under India’s smartphone production‑linked incentive (PLI) scheme, with the company’s iPhone exports crossing $50 billion by December 2025, industry data showed.The figure is expected to rise further, with three months still remaining in Apple’s five‑year PLI window. In the first nine months of FY26, iPhone exports stood at nearly $16 billion, pushing cumulative shipments during the PLI period beyond the $50‑billion…