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New York's Indian restaurants lose flavour as tariffs bite

Financial Express Lucknow

|

November 08, 2025

Operators face rising margin pressure as prices of key ingredients go up

- KATE KRADER & ARVELISSE BONILLA RAMOS

INDIAN RESTAURANTS HAVE been on a well-documented tear in New York City, outshining London’s, garnering chef awards and becoming a destination for Wall Street executives. Even butter chicken, a culinary cliche, has become one of the Big Apple’s most notable dishes. The South Asian wave has seemed unstoppable.

But on July 31, US President Donald Trump imposed additional tariffs on India, which went into effect on August 27, doubling the rate on most exports from the country to 50%.

Even as the legality of those tariffs is being debated before the Supreme Court, the impact has been tough on New York’s Indian food community. The price of products that define the cuisine, from spices and rice to pulses and tea, has risen, cutting into tight margins for restaurants as well as retailers. (And it’s a problem not everyone want to discuss because of the highly charged politics around the conversation.)

FLERE HISTORIER FRA Financial Express Lucknow

Financial Express Lucknow

Utilise green credit plan to fight pollution

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time to read

3 mins

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time to read

4 mins

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Financial Express Lucknow

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time to read

2 mins

December 19, 2025

Financial Express Lucknow

Sebi mulls stricter norms for M&As

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time to read

1 min

December 19, 2025

Financial Express Lucknow

Brokerages hail TCS’s AI ambitions

BROKERAGES REMAINED LARGELY bullish on Tata Consultancy Services (TCS) and welcomed the IT major's aspirations to become the world's largest AI-led tech services giant, sending its shares up 2% on Thursday.

time to read

1 min

December 19, 2025

Financial Express Lucknow

Corporate leaders hail Bengal’s biz climate, pledge huge investments

TOP INDUSTRY LEADERS on Thursday lauded the Mamata Banerjee-led West Bengal government for maintaining a “favourable” business climate, as several companies announced expansion and fresh investment plans during a conclave here.

time to read

1 min

December 19, 2025

Financial Express Lucknow

ECB registrations at two-year low

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time to read

1 mins

December 19, 2025

Financial Express Lucknow

Reliance buys majority stake in TN's Udhaiyam Agro Foods

RELIANCE INDUSTRIES' consumer products division has acquired a majority stake in Tamil-Nadu-based food company Udhaiyams Agro via a joint venture agreement, it said on Friday.

time to read

1 min

December 19, 2025

Financial Express Lucknow

New BP boss becomes Big Oil’s most powerful woman

MEG O'NEILL'S RAPID rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt.

time to read

1 mins

December 19, 2025

Financial Express Lucknow

No binding pact: Shriram clarifies on MUFG deal

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

time to read

1 min

December 19, 2025

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