Trump Imposes 26% Tariff on India, Says ‘We’re Collecting Only Half’ Trump’s Reciprocal Tariff Announcement Shocks the World U.S. President Donald Trump has shocked the world by announcing new tariffs. Initially, it was expected that the U.S. would impose tariffs equal to those levied by…
Tag: EconomicGrowth
India’s Economy Can Double to $7 Trillion by 2030: Deutsche Bank CEO
India stands at a pivotal moment in its economic trajectory, with the potential to double its GDP to $7 trillion by 2030. The next five years will be critical in determining whether the country can achieve this ambitious milestone. According to Deutsche Bank CEO Christian…
India’s Electronics Exports Expected to Cross ₹3 Lakh Crore in FY 2025, Driven by Smartphone Growth
Electronics Exports Set to Surpass ₹3 Lakh Crore for the First Time Apple accounts for 43% of total electronics exports and 70% of total smartphone exports. Ahmedabad: India’s electronics exports are poised to exceed ₹3 lakh crore for the first time in the financial year…
Will the U.S. Exempt India from Reciprocal Tariffs? Key Trade Talks Begin in Delhi
Will the U.S. Provide India Relief on Reciprocal Tariffs? Officials Arrive in Delhi for Trade Talks Reciprocal Tariff Policy: U.S. President Donald Trump has announced the implementation of reciprocal tariffs (tit-for-tat) starting April 2. The purpose of this policy is to impose tariffs on products…
Parliamentary Panel Urges Government to Extend PLI Scheme, Expand Scope, and Reduce Bureaucratic Hurdles
A Parliamentary Standing Committee on Commerce has recommended that the Indian government extend the tenure of the Production Linked Incentive (PLI) scheme and expand its coverage to include additional high-employment sectors such as chemicals, leather, apparel, toys, jewellery, and handicrafts. The committee believes that extending…
India Needs 8% Growth for Progress, Core Sector Must Invest: SBI Chief
State Bank of India (SBI) Chairman CS Setty has emphasized that India needs to achieve an average annual growth rate of 8-9% by 2036 to realize the government’s ‘Viksit Bharat’ (Developed India) vision. This ambitious target necessitates a substantial investment of approximately ₹1,094 lakh crore,…
India’s Economic Growth to Outpace Global Average in 2025, Says IMF
India is set to remain the fastest-growing major economy in 2025, outpacing global growth projections, according to the latest International Monetary Fund (IMF) report. With strong domestic demand, robust industrial performance, and a thriving digital economy, India’s GDP is expected to expand by 6.5% next…
Infrastructure Boom: A Game Changer for Economic Growth
India is witnessing an unprecedented infrastructure boom, with massive investments pouring into roads, railways, airports, and urban development. As the government accelerates its push for modernization, the impact of these projects is set to transform the country’s economic landscape. Key Infrastructure Projects Driving Growth Bharatmala…