External affairs minister S Jaishankar said the recent experience has taught India neither to be dependent on a single supply chain or a single market, and suggested diversification as a hedging strategy for industry. His comment at the ET World Leaders Forum comes amid the steep tariffs imposed on Indian exporters by the US and…
The India-US Bilateral Trade Agreement talks are now on rough terrain, with the scheduled sixth round unlikely to take place. The 25 per cent reciprocal tariff has already come into force, meaning India’s exports to the US now face an additional 25 per cent duty over and above the existing MFN rates, with a few…
India’s manufacturing sector is witnessing a quiet yet powerful revolution, driven by the ambitious Production Linked Incentive (PLI) Scheme. With an outlay of ₹1.97 lakh crore, the scheme has become a cornerstone of India’s goal to elevate manufacturing’s share to 25% of GDP, positioning the country as a global industrial powerhouse. As of March 2025,…
The Department of Posts on Saturday announced a temporary suspension of most international postal services to the United States, effective August 25, following new US regulations impacting international shipments. In the backdrop of US-India trade tensions and India’s Russian oil imports, EAM S Jaishankar stressed that national interest will guide India’s policies. Meanwhile, ED has…
India’s envoy to Russia Vinay Kumar told news agency TASS in an interview that Russian companies in the machinery and electronics sectors are showing growing interest in employing Indian citizens. “At a broader level, there is manpower requirement in Russia and India has a skilled manpower. So at present, within the Russian regulations, framework of…