India Trade Policy News - Latest Updates & Headlines
India should engage with both US and China; remain committed to WTO-led multilateral trade norms: GTRI
New Delhi, April 21: India must engage with both the US and China and it should not draw itself into any binary amid the trade wars between economic giants, Ajay Srivastava, founder of Global Trade Research Initiative (GTRI) said in a note.
Not too much investment from China, effort is to integrate with economies of developed world: Piyush Goyal
New Delhi, April 11: Noting that not too much Chinese investment has come to India nor is the government encouraging any significant investment coming the northern neighbour, Commerce and Industry Minister Piyush Goyal on Friday said that the effort is to integrate "our economies with the developed world, who believe in fair play and where we get an equal opportunity to do business and invest".
Jaishankar says US tariffs prompted India to seek out complementary partners in West
New Delhi, April 11: Amid the tariffs imposed by the Donald Trump administration on countries across the world including India, External Affairs Minister S Jaishankar on Friday said that the US has fundamentally changed its approach to engaging with the world and that this shift has prompted India to seek out more complementary partners, which are the open market economies in the West.
Centre sets up Global Tariff and Trade Helpdesk to assist exporters, importers
New Delhi, April 11: The Centre has operationalised a dedicated ‘Global Tariff and Trade Helpdesk’ to assist the country’s exporters and importers in navigating emerging trade issues due to the hike in tariffs announced by the US.
India should avoid FTA with US, should go for limited Zero-to-Zero tariff deal, suggests GTRI
New Delhi, April 10: As Donald Trump announced pause on tariffs for 90 days for trade negotiations, India should avoid signing a comprehensive Free Trade Agreement (FTA) with the United States, as it may require India to make harmful trade-offs, suggested Global Trade Research Initiative (GTRI).
India has upper hand given tariffs relatively lower than others: NSE MD-CEO
Katra, April 6: India has the upper hand amidst the reciprocal tariffs imposed by the Trump administration, said Ashishkumar Chauhan, Managing Director and CEO of National Stock Exchange, backing his argument, stating the duties slapped on India were less than others.
India steps up vigil against cheap Chinese imports amid US tariff hike
New Delhi, April 5: India has stepped up vigil to prevent the dumping of cheap Chinese imports in the country after the steep US tariff hike on the goods exported by the Communist country.
India will navigate through the tariff challenges: Bernstein
New Delhi, April 3: India will be able to safely navigate through the tariff challenges, says a report by Bernstein, an international equity research company.
Govt proposes 12 pc safeguard duty to protect steel industry from dumping cheap imports
New Delhi, March 19: India's Directorate General of Trade Remedies (DGTR) has recommended a 12 per cent safeguard duty on some steel products to protect the country's domestic industry from a surge in dumping of cheap imports from countries like China, South Korea and Vietnam, due to the sharp increase in US tariffs announced by the Donald Trump administration.
India reviewing impact of US tariffs, ensuring trade stability: Minister
New Delhi, March 17: The Indian government is closely analysing the impact of the 25 per cent tariff imposed by the United States on steel and aluminium imports, the Parliament was informed on Monday.
DGFT exempts certificate of inspection for export of basmati, non-basmati rice to Europe except UK
New Delhi, March 10: India has exempted the need for a certificate of inspection for European countries except the UK, Iceland, Liechtenstein, Norway, and Switzerland for export of basmati and non-basmati rice.
India puts restrictions on platinum alloy imports
New Delhi, March 5: India on Wednesday imposed import restrictions on platinum alloys with purity less than 99 per cent, apparently aimed at curbing unfair trade of the precious metal.
India charging 70 pc auto tariffs; Is Trump's 100 pc claim wrong?
New York, March 5: As he doubled down on his threats to impose reciprocal tariffs, President Donald Trump accused India of charging tariffs higher than 100 per cent on autos, even though India has slashed the highest rate to 70 per cent.
If imposed, safeguard duty on steel imports will have limited impact on domestic industry: Report
New Delhi, February 17: If the Indian government imposes safeguard duties on steel imports it will have a limited impact on the domestic steel Industry, says a report by HDFC Securities.