business

Philippines’ move clears path for India’s Basmati rice exports

The Philippines has removed restrictions on Basmati rice imports from India, aiming to strengthen bilateral trade, enhance food security, and boost agricultural exports, including rice, fruits, vegetables, and other key Indian products.

Dream11 CEO says 95% of revenues wiped out by new online gaming law

India–Russia trade surges fivefold to $68 billion, but deficit balloons to $59 billion, says Jaishankar

GST cut on health, term insurance on the cards

former Reserve Bank of India (RBI) governor

Trump tariffs could shave 50 bps off India’s growth, worsen jobless recovery, says former RBI governor

Duvvuri Subbarao warns of export shock, rising borrowing costs, and reputational risks from US rhetoric.

Surat diamond hub faces US tariff blow as exports and jobs hang in balance

A sudden 50% tariff on Indian polished diamonds threatens to wipe billions from exports, slash lakhs of jobs and shake the very foundations of the world’s largest cutting and polishing hub.

US tariffs on India may widen India–China stock gap, heighten export risks

India faces increasing economic pressure as steep 50% US tariffs jeopardize key export sectors, potentially opening the door for competitors while prompting urgent responses from India’s political and state leaders.

Tamil Nadu’s textile hubs reel as US slaps 50% tariff, exporters fear ‘de facto embargo’

Orders stall, rivals swoop in, and over 2 lakh jobs could be at risk if crisis deepens.

India weighs duty-free US cotton, limited farm quotas as trade tensions flare

With tariffs deepening rift over Russian oil, New Delhi explores concessions to salvage key deal amid growing industry unease and fragile export margins.

Apple’s $100 billion US manufacturing surge puts India’s iPhone ambitions at risk

As Apple ramps up domestic production with its American manufacturing program, India — a key iPhone exporter — braces for ripple effects amid rising tariffs and shifting global supply chains.