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.
Duvvuri Subbarao warns of export shock, rising borrowing costs, and reputational risks from US rhetoric.
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.
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.
Orders stall, rivals swoop in, and over 2 lakh jobs could be at risk if crisis deepens.
With tariffs deepening rift over Russian oil, New Delhi explores concessions to salvage key deal amid growing industry unease and fragile export margins.
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.
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