Try GOLD - Free

Assessment of reciprocal tariff hinges on India-US trade talks

Mint New Delhi

|

March 07, 2025

For India, safeguarding its interests remains paramount in the negotiations, says FM

- Rhik Kundu

Union finance minister Nirmala Sitharaman on Thursday said that reciprocal tariffs remain a key subject in discussions between India and the United States, with the final decision contingent on ongoing negotiations.

"Tariff is something the US President has been speaking about. The commerce minister (Piyush Goyal) has already gone to the U.S. to engage with U.S. officials, including the United States Trade Representative (USTR). Based on the negotiations, we will take a call," Sitharaman said at a post-budget interaction at Visakhapatnam.

MORE STORIES FROM Mint New Delhi

Mint New Delhi

Mint New Delhi

Gig workers face hard reset after best-ever festive season

After record seasonal hiring during the festival period, gig workers stare an unusually lean period thisnew year.

time to read

3 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

Thematic funds rise, but investor interest is fading

India’s mutual fund industry is facing a curious paradox, with asset managers doubling down on thematic and sectoral funds even as investors in new fund offers (NFOs) turn lukewarm towards them.

time to read

2 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

Next budget may keep govt capex plan steady

Infra spending level may be maintained as private capex pickup expected

time to read

4 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

Major tariff cut for India, says Trump, as trade deal nears

US president Donald Trump said tariffs on India will be lowered “very substantially”, signalling an easing of tensions over New Delhi's Russian oil purchases as the two countries near a trade deal.

time to read

2 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

JSW to sell 50% in Bhushan to JFE for up to ₹16,000 cr

Billionaire Sajjan Jindal-led JSW Steel is in advanced talks with JFE Steel Corporation, Japan’s second-largest steelmaker, to bring it in as a partner in wholly owned subsidiary Bhushan Power and Steel Ltd in a deal valued at about ₹15,000-16,000 crore, an executive aware of the matter said.

time to read

2 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

Tata Trusts board inducts Noel Tata's son Neville, Bhaskar Bhat

Tata Trusts on Tuesday inducted Neville Tata, son of Noel Tata, and Bhaskar Bhat, former Titan Co.Ltd chief executive, on the board of Sir Dorabji Tata Trusts (SDTT).

time to read

3 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

Why small drug firms are facing a crackdown

The Drugs Controller General of India (DCGI) has directed states to inspect thousands of small- and medium-sized pharma firms to enforce stricter quality standards. The crackdown follows recent child deaths linked to Indian cough syrups. Mint explains:

time to read

2 mins

November 12, 2025

Mint New Delhi

Mint New Delhi

China to keep U.S. military from getting its rare-earth magnets

China plans to ease the flow of rare earths and other restricted materials to the U.S. by designing a system that will exclude companies with ties to the U.S. military while fast-tracking export approvals for other firms, according to people familiar with the plan.

time to read

2 mins

November 12, 2025

Mint New Delhi

IKEA India revenue grows 6% on strong demand

IKEA India saw its 2024-25 revenue grow on the back of strong demand for affordable furniture, robust online sales, and steady growth in its business-to-business segment.

time to read

1 min

November 12, 2025

Mint New Delhi

Thematics top MF menu, but investors are losing their fancy

Lukewarm interest isn’t just restricted to NFOs

time to read

1 mins

November 12, 2025

Listen

Translate

Share

-
+

Change font size