India to refrain from counter-tariffs on US despite market meltdown: Report

India to refrain from counter-tariffs on US despite market meltdown: Report

India is unlikely to impose counter-tariffs on the US and is banking on a key clause in the executive order signed by Donald Trump last week.

Manufacturers in India not overly concerned with US tariffs: IT Secy

New Delhi: The electronics and IT sector manufacturers are not "overly" concerned about the recent hikes in import duty by India's largest trading partner the US, a top government official said on Monday. However, the impact will depend on how the tariff situation plays out ahead, Electronics and IT Secretary S Krishnan said. "We've been in regular consultation with manufacturers in India. That is something that we are speaking to them on an ong…

Amidst Global Tariff Shakes, India Confirms No Counter-Tariffs...

India does not plan to retaliate against US President Donald Trump’s 26% tariff on imports from the Asian nation, an Indian government official said, citing ongoing talks for a deal...

India Sees No Hit To Projected Growth From US Tariffs; Economists Remain Sceptical

India may still meet its 6.3 per cent to 6.8pc growth projection for the 2025/26 fiscal year that started on April 1 despite global disruptions from new US tariffs, if oil prices stay below $70 per barrel, government officials said, even as many private economists lowered their forecasts. Economists, including at Goldman Sachs,