Any potential reciprocal tariff by US administration is likely to hurt nearly every large sector in India, with chemicals, automobile, textiles and footwear poised to be among the worst-hit, a note by Emkay Global has said. Chief Economist Madhavi Arora, however, added that President Trump has so far only announced a review, with April being the […]
Australia expects India to lower its wheat import duty later in 2025 to control high domestic prices. Australian officials see a potential market opening as India’s wheat production is forecasted at 115-116.4 million tonnes. However, below-normal rainfall may impact yields, with some traders predicting output below 110 million tonnes. Current wheat prices remain above the Minimum Support […]
In a major boost for transportation infrastructure in Nagaland, Indian Railways has successfully completed the first trial run of a freight train using Multi-Unit (MU) locomotives . The trial took place on the Shokhuvi-Molvom railway section, part of the Dhansiri-Zubza new line project, marking a crucial milestone in enhancing the region’s railway connectivity. This trial run, […]
The Union Budget has launched a strategic five-year Cotton Mission, focusing on increasing productivity in extra-long staple varieties through the use of advanced Science and Technology for farmers. This initiative aims to modernize the sector, align with the ‘5 F principle,’ and enhance the farming community’s income through improved yields and global competitiveness. This mission is […]
The United States metal companies and companies that import metals for their product manufacturing are likely to turn to the Middle East and India for aluminium supplies as they seek to bypass the extensive tariffs imposed by President Donald Trump, according to industry sources. Trump’s planned tariffs—25 per cent on imports from Mexico and most Canadian […]
Traders said that around 50 trucks loaded with export goods have been stranded at Burimari land port in Lalmonirhat’s Patgram upazila for three days due to Indian traders’ decision to halt imports. Importers at Changrabandha land port in Cooch Behar, West Bengal, have refrained from bringing in goods from Bangladesh since Sunday, according to traders at […]
Prices of rice shipped from top exporter India were steady at an 18-month low while Thai rates were also unchanged from last week, amid muted demand and rising supplies. India’s 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken white rice was quoted at $432 […]
A day after US President Donald Trump on Monday issued a fresh tariff threat against India, among other countries, the White House, in a statement following Trump’s phone call with Prime Minister Narendra Modi, said that Trump had emphasised the importance of India “increasing its procurement of American-made security equipment” and moving towards a “fair” bilateral […]
India Seatrade News DP World, a leading global provider of smart, end-to-end supply chain logistics and one of India’s largest private rail freight operators, has announced the launch of its latest rail-led multimodal service, SARAL-3, connecting Gandhidham in Gujarat to the National Capital Region (NCR). This new weekly service, a part of the ‘Sustainable, Assured, […]
US President Donald Trump’s America First Trade Policy could translate into tariff threats for India which the government may counter through negotiations and with retaliation if needed, sources have said. Experts suggest that India should closely watch what the Trump regime does over the next few weeks and be open for consultations with the US government, […]