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The Hindu Businessline

Business / The Hindu Businessline

India-US trade deal: Tariffs on Indian labour intensive goods slashed

However, roll back of these 25% ad valorem tariffs on Indian goods, effective February 7, 2026, is explicitly tied to Indias commitment to stop purchasing Russian oil

7 Feb 2026 8:59 pm
Indo-US deal: Indian auto industry dont see much impact

Harley Davidson motorcycles in the 800-1600 cc range will receive zero duties from day one of implementation of the interim trade agreement

7 Feb 2026 8:19 pm
I-T Dept comes out with draft rules, forms for new tax law

As a result of the changes proposed in new rules and forms, including removal of redundancy and consolidation of rules wherever possible, draft Income-tax Rules, 2026 contains 333 rules and 190 forms

7 Feb 2026 7:55 pm
SBIs wealth management service AUM to grow to 15 lakh crore by 2030: Chairman Setty

SBIs wealth management AUM currently stands at about 4 lakh crore

7 Feb 2026 7:22 pm
SEBI pushes for data governance, cyber resilience

SEBI Chairman Tuhin Kanta Pandey said data infrastructure has become a critical component of market stability, alongside traditional market institutions

7 Feb 2026 7:20 pm
US tariff reset puts India in pole position in global textile trade

AEPC, CITI hail interim framework; sector eyes $100 billion exports by 2030

7 Feb 2026 7:06 pm
Zero tariffs on India's exports to US worth $44 bn under trade deal: Goyal

Union Commerce Minister Piyush Goyal says reduction of tariffs will immediately boost exports of labour-intensive sectors such as textiles, apparel, leather and footwear

7 Feb 2026 6:30 pm
Boeing is major aircraft parts buyer from India; excited from trade pact: Goyal

Boeing has over 265 commercial and military aircraft operating in India, which is a key market for the plane maker

7 Feb 2026 5:07 pm
Zaman Khan wins Kochi round of businessline Cerebration Corporate Quiz 2026

With this victory, Khan will represent Kochi at the Grand Finale scheduled to be held at the BSE, Mumbai, on February 21

7 Feb 2026 4:23 pm
'Dhurandhar' tops Netflix global chart, ranks No. 1 in Pakistan

Dhurandhar tops Netflixs global chart among non-English films with 7.6 million views

7 Feb 2026 4:08 pm
Charting the Global Economy: ECB holds, the UK tilts toward rate cut

In the UK, central bankers came within a vote of lowering interest rates and predicted inflation will fall below its target, a closer-than-expected decision that revived hopes the Bank of England will cut next month

7 Feb 2026 4:07 pm
Top down

The Tayron R-Line arrives as Volkswagens flagship SUV in India. How good is it?

7 Feb 2026 3:50 pm
India Semiconductor Mission 2.0 to prioritise chip design, ecosystem partners, talent: Vaishnaw

Union Minister Ashwini Vaishnaw says government will continue to work on setting up semiconductor manufacturing plants and target to produce chips as small as 2 nanometre node size

7 Feb 2026 3:38 pm
MEA will give information about Russian oil purchase: Piyush Goyal

Goyal states that the Ministry of External Affairs will clarify Indias position on Russian oil imports amid new US trade agreements that ensure zero-duty exports for Indian agricultural products while protecting local farmers and MSMEs

7 Feb 2026 3:25 pm
Doctor-led AI platform boosts out-of-hospital care, enables 24x7 supervision

At the core of the ecosystem -- iLive Connect -- is a small wireless biosensor patch paired with a wearable wristband, which continuously captures vital physiological parameters

7 Feb 2026 3:23 pm
US trade deal wont flood India with DDGS or Red Sorghum, says Amul MD Jayen Mehta

Calling the agreement a major win for farmers, Mehta said the deal has protected domestic dairy and agriculture while sharply improving export competitiveness

7 Feb 2026 3:22 pm
Coast Guard intercepts three vessels in mid-sea oil smuggling operation off Mumbai coast

The syndicate had devised a sophisticated modus operandi to smuggle large quantities of low-cost oil and oil-based cargo sourced from conflict-ridden regions

7 Feb 2026 3:14 pm
Om Birla launches e-Vidhan app at Bihar assembly; Nitish skips event

NeVA is a workflow system deployed on the NIC cloud to help conduct legislative business in a paperless manner

7 Feb 2026 3:07 pm
India gains a competitive edge over rivals like Vietnam and Bangladesh...: Amitabh Kant on India-US trade deal framework

Kant further stated that this interim deal is a strategic win for the country as it strengthens supply chains against China and supports the stability of the Indian currency

7 Feb 2026 3:01 pm
US trade deal to enhance export competitiveness for auto component manufacturers: ACMA

As per the data shared by the ACMA, trade in auto components between India and the United States has continued to expand over the past five financial years, reflecting strengthening industrial ties between the two countries

7 Feb 2026 2:29 pm
Tamil Nadu Finance Minister to present State Interim Budget on February 17

The Interim Financial Statement for the year 2026-27 will be presented in the Assembly by the Minister for Finance and Environment and Climate Change

7 Feb 2026 2:27 pm
US offers to scrap reciprocal duty on gems, diamonds from India

The decision, if implemented, will bring major relief to Indias gems and jewellery sector as the US accounts for about 30% of industry sales

7 Feb 2026 1:25 pm
Ahead of IPO filing, Bonfiglioli Transmissions names Ravindra Pisharody as chairperson

In addition, the company has named Sundaresan Ananthanarayanan and Rossella Schiavini as Independent Directors

7 Feb 2026 1:10 pm
India has committed to stop buying Russian crude oil: White House executive order

While the White House has officially confirmed Indias commitment to not purchase Russian crude oil, a formal response on the same from either the Indian government or the Ministry of Petroleum and Natural Gas (MoPNG) is awaited.

7 Feb 2026 12:55 pm
Seychelles Minister undertakes technical visit to Ashok Leyland HQ to advance electric bus initiative

The Minister also conducted a visit at the Ashok Leyland electric bus chassis production line as well as bus operations depot to appraise herself on the technicality of the buses as well as the type of infrastructure required to operate a fleet of electrical buses

7 Feb 2026 12:36 pm
Cupid promoter Halwasiya increases stake

The acquisition represents 0.24% of the companys total equity

7 Feb 2026 12:24 pm
US-India trade pact: Overall pharmaceutical norms are consistent with the approach across FTAs, says IPA

Strengthening the IndiaUS medicines partnership is crucial for national security, as medicine security is key. Generics are tariff-exempt, said Sudarshan Jain, Secretary General of the Indian Pharmaceutical Alliance

7 Feb 2026 12:05 pm
Indian Railways' safety measures yield results: 58% drop in signalling failures contribute to sharp decline in accidents

The press release stated that measures to modernise Indian Railways are undertaken to provide the interlocking of Level Crossing (LC) Gates to 10,097 Level Crossing Gates up to December 31 for the enhancement of safety at the LC Gates

7 Feb 2026 11:03 am
India, US agree on interim trade pact framework slashing tariffs on Indian goods to 18%

India to eliminate or reduce tariffs on all US industrial goods; purchase $500 billion of US products in 5 years

7 Feb 2026 10:55 am
Delhi dips to 11.8 degrees Celsius, AQI hits poor at 214

The air quality was recorded in the poor category at 9 am, with the air quality index (AQI) reading 214, according to Central Pollution Control Board data

7 Feb 2026 10:29 am
Value-chain focus, investment-led productivity and growth in agriculture Budget FY26-27

The thrust on infrastructure, productivity, farm-mechanisation and high-value production is a highlight of this budget

7 Feb 2026 10:20 am
From yield to quality: What Budget 2026 still leaves unfinished in Indias nutrition story

The opportunity now is to move from acknowledgement to adoption, so that nutrition is no longer assumed or artificially added later

7 Feb 2026 10:12 am
Will aim to deepen defence, economic ties: PM Modi on Malaysia visit

The historic ties between India and Malaysia have seen steadfast progress in recent years, Modi said in a departure statement

7 Feb 2026 10:09 am
What the new baggage rules mean for Indians buying jewellery abroad

The updated rules signal a more consumer-friendly approach, allowing jewellery buyers to focus on meaning, craftsmanship and long-term value

7 Feb 2026 9:51 am
Bharat Vistar: From advisory to intelligence in Indias potato processing industry

The Budget proposals bring a convergence of policy-led AI vision and field-level execution

7 Feb 2026 9:32 am
India to reduce import duty upto zero on select US farm goods

Items include DDGs, red sorghum, tree nuts, fresh and processed fruit, soybean oil, wine and spirits

7 Feb 2026 9:12 am
India fully protects sensitive agri products like wheat, rice, poultry under US trade pact

While tariffs on key Indian exports are reduced, India ensures no duty concessions on essential farm products, maintaining domestic food security and rural employment.

7 Feb 2026 7:15 am
India, US reach framework for interim trade agreement; US cuts tariffs on Indian goods to 18%

The move is part of broader efforts to establish robust, ambitious and mutually beneficial digital trade rules under a bilateral trade agreement.

7 Feb 2026 6:58 am
India-US trade pact to open $30 trillion market for Indian exporters: Piyush Goyal

Under the interim agreement framework, the US will cut reciprocal tariffs on Indian goods to 18 percent and reduce tariffs to zero on products such as generic pharmaceuticals, gems and diamonds, and aircraft parts.

7 Feb 2026 6:32 am
India plans to buy $500 billion worth of goods from US over next five years

The move is part of broader efforts to establish robust, ambitious and mutually beneficial digital trade rules under a bilateral trade agreement.

7 Feb 2026 6:25 am
US and India reach framework for interim trade agreement: White House

It includes additional market access commitments, support for resilient supply chains and reciprocal tariff reductions.

7 Feb 2026 6:21 am
US to remove additional 25% tariffs on Indian goods from February 7

According to an executive order issued by the White House, India has also agreed to a framework with the US to expand defence cooperation over the next 10 years

7 Feb 2026 6:21 am
Sun TV Q3 net dips 11% to 324 crore

Consolidated net profit dipped 11 per cent to 324 crore compared to 364 crore a year ago

6 Feb 2026 10:59 pm
Arun Icecreams sets Guinness World Record for largest ice cream social party

The event at Hyderabad featured over 5,000 children eating ice cream for 30 minutes straight

6 Feb 2026 9:42 pm
Andhra Pradesh to launch Amaravati Quantum Valley project on Feb 7

The project aims to foster quantum research, talent development and industry collaboration.

6 Feb 2026 9:36 pm
At businesslines post-Budget event, CEA defines Indias new era of competitive indigenisation

Budget meets the demands of an emerging global order with more indigenisation and resilience, yet with an eye on global competitiveness, says Anantha Nageswaran

6 Feb 2026 9:36 pm
Elan Group issues 1,000 crore LoI to Leighton India for Elan The Mark

The contract covers civil and structural works for around 5.5 million sq ft of built-up area.

6 Feb 2026 9:31 pm
WE Hub to help Telangana colleges make women students industry-ready

WE Hub ties up with 20 academic institutions to launch Campus to Career initiative

6 Feb 2026 9:30 pm
Green buildings must address construction emissions: Maheshwar Rao

Speaking at the Green Karnataka Summit 2026, Rao said the construction sector plays a major role in the citys air quality and climate outcomes

6 Feb 2026 9:27 pm
Focus on Credibility: DEA Secretary Anuradha Thakur Outlines 370+ Reforms at businessline Budget Forum

DEA Secretary Anuradha Thakur highlights over 370 reforms to enhance credibility and ease of doing business at the Budget Forum.

6 Feb 2026 9:25 pm