India News

India Emerges as the Next Global Toy Manufacturing Powerhouse Amid US-China Trade Tensions

India is leveraging the US-China tariff war to position itself as a global toy manufacturing hub, with significant growth in exports and a call for domestic industry protection and...

India Stands Firm: 'No Negotiations at Gunpoint' Amid Trump's 90-Day Tariff Pause

India reaffirms its stance against negotiating under pressure as US President Donald Trump imposes a 90-day pause on tariffs, excluding China. Union commerce minister Piyush Goyal ...

India's Strategic Silence at WTO as China Condemns US Tariffs: A Deep Dive

India maintained silence at the WTO as China criticized US tariffs, highlighting India's strategic stance amid ongoing trade talks with the US. Other nations expressed concerns ove...

India Maintains Strict Investment Checks on China Amid Global Tensions and Domestic Concerns

The Indian government remains cautious about easing investment checks on Chinese companies due to global tensions, domestic concerns, and the opaque nature of Chinese businesses. D...

India Thrives Amidst Global Trade Tensions: NSE CEO Highlights Resilience Post-US Tariffs

NSE CEO Ashish Kumar Chauhan discusses India's economic resilience post-US tariffs, highlighting the stock market's strength and optimism for stabilization as negotiations progress...

India Gains Competitive Edge in US Market Amidst Global Tariff Hikes, Experts Reveal

India emerges as a strategic winner in the US tariff hikes, with its exporters better positioned than competitors facing higher duties. Key sectors are exploring new markets, and t...

How India Stands Strong: The Least Vulnerable Economy Amid Trump's Global Tariff Shockwaves

Amid global tariff shockwaves from Trump's policies, India emerges as the least vulnerable economy with minimal GDP impact and strategic advantages in trade.

India Emerges as a Smartphone Manufacturing Powerhouse Amid Global Tariff Shifts

India is becoming a key player in global smartphone manufacturing due to shifting US tariffs, with Apple and Samsung potentially expanding their operations in the country. The situ...

India Reacts to Trump's 26% Reciprocal Tariffs: A Mixed Bag, Not a Setback

India views Trump's 26% reciprocal tariffs as a 'mixed bag', not a setback, with ongoing discussions for a bilateral trade agreement. The US aims to implement new tariffs starting ...

India's Government Unveils Comprehensive 360-Degree Incentives to Boost Key Sectors

The Indian government is enhancing its Production-Linked Incentive (PLI) scheme with a 360-degree approach to support key sectors like footwear, textiles, and specialty chemicals, ...

India's BankTech Sector Set to Skyrocket: $1 Billion Investment Forecast by 2027

India's BankTech sector is poised for significant growth, with investments expected to reach USD 1 billion by 2027, driven by digital transformation and emerging technologies like ...

India's Copper Demand to Skyrocket by 7% Amid Clean Energy and Infrastructure Expansion

India's copper demand is expected to grow by 7%, driven by clean energy and infrastructure projects. With production lagging behind consumption, the country faces a significant dem...

India Aims for a Solar Power Revolution: Expanding PV Module Capacity to 125 GW by 2030

India plans to significantly increase its solar PV module and cell manufacturing capacity by 2030, aiming for 125 GW and 40 GW respectively. This move is part of India's broader st...

India's Fiscal Strategy Unveiled: Government Plans Rs 8 Lakh Crore Borrowing in H1 FY26

The Indian government plans to borrow Rs 8 lakh crore in the first half of FY26, 54% of its annual target, adjusting strategies based on market demand and economic conditions to av...

India's Finance Minister Denies US Pressure, Highlights Ongoing Customs Duty Reductions

Finance Minister Nirmala Sitharaman denies US pressure on customs duty reductions, emphasizing policy alignment with India's development goals. The government has rationalized cust...

India Moves to Scrap 6% Digital Tax on Online Ads, A Potential Win for US Tech Giants

The Indian government proposes to abolish the 6% digital tax on online advertisements, benefiting US tech giants like Google and Meta, as part of efforts to simplify tax laws and s...

India Imposes Anti-Dumping Duties on Chinese Imports Including Vacuum Flasks and Aluminium Foil

India has imposed anti-dumping duties on five Chinese goods, including vacuum flasks and aluminium foil, to protect domestic industries from cheap imports. This move highlights Ind...

India's Startup Ecosystem to Skyrocket: Doubling in Size by 2030, Study Reveals

India's startup ecosystem is set to double in size by 2030, creating millions of jobs and driving growth in high-value enterprises. Emerging sectors like AI and fintech are at the ...

India's Forex Reserves Surge by $305 Million, Marking a Significant Economic Milestone

India's forex reserves have increased by $305 million to $654.3 billion, marking a significant economic milestone. This growth highlights the country's economic resilience and robu...

India Aims to Become a Software Product Nation, Minister Urges Development of Indigenous Browsers

India is focusing on becoming a software product nation, with the government encouraging the development of indigenous browsers. A recent challenge saw 58 entries, with three teams...

India Ensures Fiscal Stability for Oil Companies with New Law, No Windfall Tax Imposed

India's new Oilfields Bill ensures fiscal stability for oil and gas companies, eliminating new taxes like windfall profits tax to attract investment. The reform aims to boost domes...

India Proposes 12% Safeguard Duty on Steel Imports to Shield Domestic Industry

The Indian Commerce Ministry has proposed a 12% safeguard duty on specific steel products to protect the domestic industry from a surge in imports. This measure, recommended for 20...

India Aims for Swift Trade Deals by Prioritizing Core Issues in FTAs, Reveals Commerce Secretary

India is prioritizing core trade issues in FTA negotiations for quicker outcomes, focusing on tariffs and non-tariff barriers. Commerce Secretary Sunil Barthwal emphasizes the impo...

India and New Zealand Forge Ahead with Mutually Beneficial Free Trade Agreement

India and New Zealand are set to finalize a comprehensive Free Trade Agreement (FTA), aiming to deepen economic ties and explore new sectors for cooperation. Both countries see vas...

India's Trade Deficit Hits 42-Month Low at $14bn in February 2025

India's trade deficit narrowed to a 42-month low of $14 billion in February 2025, thanks to a slowdown in imports. Despite a decline in exports due to global uncertainties, the ove...

India and US in Talks to Boost Trade Amid Tariff Tensions: Commerce Secretary Reveals

India is engaging with the US to increase trade and address mutual concerns, aiming to boost bilateral trade from $200 billion to over $500 billion amidst tariff tensions.

India's Direct Tax Collections Surge by 16.15%, Reaching Rs 25.86 Lakh Crore by March 16

India's direct tax collections have surged by 16.15% to Rs 25.86 lakh crore by March 16, driven by higher advance tax collections. Corporate and non-corporate tax collections have ...

India and New Zealand Set to Revive FTA Talks After a Decade, Aiming for Stronger Economic Ties

India and New Zealand are set to relaunch Free Trade Agreement negotiations after a 10-year gap, aiming to deepen economic ties and unlock new business opportunities amidst geopoli...

India's Forex Reserves Skyrocket by $15 Billion, Marking the Largest Weekly Surge in Over Three Years

India's foreign exchange reserves surged by $15.27 billion, marking the largest weekly gain in over three years, as per the Reserve Bank of India. This significant increase comes a...

India's Online Gambling Boom: 1.6 Billion Visits in 3 Months Highlight a Growing Crisis

India faces a significant rise in illegal online gambling, with 1.6 billion visits in three months. The Digital India Foundation report highlights the challenges in enforcement and...

India's Forex Reserves Skyrocket: A $15.3 Billion Weekly Leap

India's foreign exchange reserves surged by $15.3 billion in a week, the largest increase in over three years, driven by RBI's currency swap operations. This strategic move aimed t...

India Poised to Become the World's Third Largest Economy by 2028, Says Report

India is set to become the world's third-largest economy by 2028, driven by its growing consumer market and increased global output share. The economy is projected to reach $5.7 tr...