DDIndia Business: Economic Headlines & Updates

Business

April 3, 2025 2:40 PM

India gains competitive edge amid US tariffs on electronics

India has emerged as a key beneficiary in the first round of reciprocal US tariff announcements, positioning itself ahead of major electronics-exporting nations like China, Vietnam, Thailand, and Indonesia, according to industry experts. The developm...

April 3, 2025 2:07 PM

World leaders condemn Trump’s tariffs, some pledge retaliation

Countries across the world, including some of America's closest allies, condemned President Donald Trump's announcement of reciprocal tariffs and some pledged counter-measures while hoping the White House would be open to negotiations. China urged t...

April 3, 2025 1:12 PM

India surpasses US and Europe in locomotive production, achieves record 1,681 units in 2024-25

India has reached a significant milestone in railway locomotive manufacturing, surpassing the United States and Europe by producing 1,681 locomotives in the financial year 2024-25. This marks a 19% increase compared to 1,472 locomotives produced in 2...

April 3, 2025 12:59 PM

Indian exporters to face fewer challenges as US tariffs take effect, say economists

As U.S. President Donald Trump mandates a 26 percent tariff on Indian goods, economists and industry experts believe that Indian exporters will face relatively fewer challenges compared to other major emerging markets in Asia. Among these economies, ...

April 3, 2025 11:56 AM

Indian Pharmaceutical Alliance welcomes exclusion from US tariffs

The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from the new import tariffs announced by US President Donald Trump, emphasizing the growing bilateral trade ties between India and the United States. Suda...

April 3, 2025 11:23 AM

Sensex, Nifty open lower as Trump tariffs trigger global sell-off

Indian equity indices opened lower on Thursday following a sharp sell-off in global markets after U.S. President Donald Trump’s announcement of reciprocal tariffs. At around 9:20 AM, the Sensex was down 470 points or 0.61 percent at 76,197, while ...

April 3, 2025 11:17 AM

US tariffs to vary by goods and country of origin: GTRI

The United States’ new trade policy, announced by President Donald Trump on Wednesday, will determine tariffs based on the type of goods being exported and their country of origin, according to Ajay Srivastava, founder of the Global Trade Research ...

April 3, 2025 11:02 AM

India’s export competitiveness to US less impacted by Trump’s tariffs, experts say

As US President Donald Trump announced reciprocal tariffs on a wide range of countries, including India, industry experts suggested on Thursday that the impact on India's export competitiveness to the US market may be less significant compared to its...

April 3, 2025 10:08 AM

Trump signs order ending duty-free treatment for cheap shipments from China

U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole known as "de minimus" that has allowed low-value packages from China and Hong Kongto enter the United States free of duties. Trump signed the order, whic...

April 3, 2025 9:31 AM

Global stocks slump as US tariffs hit tech hardest

Stocks dived and investors scrambled to the safety of bonds, gold and the yen on Thursday as U.S. President Donald Trump unveiled a bigger-than-expected wall of tariffs around the world's largest economy, upending trade and supply chains. The high-f...

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