export impact
India Proposes Preferential Trade Agreement with Mexico to Counter New Tariffs on $2 Billion Export Goods
Dec 16, 2025 02:52 am CST
India is pursuing a preferential trade agreement with Mexico to offset newly announced steep tariffs ranging from 5% to 50% that will affect approximately $2 billion of Indian exports starting January 2026. Commerce Secretary Rajesh Agrawal confirmed technical talks are underway to protect key export sectors including automobiles, textiles, and steel while maintaining WTO compliance.
Indian Rupee Falls to Historic Low: Chief Economic Adviser Remains Optimistic About FDI Growth Despite Currency Depreciation
Dec 04, 2025 01:33 am CST
India's Chief Economic Adviser V Anantha Nageswaran remains unconcerned about the rupee hitting an all-time low of 90.21 against the US dollar, stating it hasn't affected inflation or exports. Despite currency challenges, he projects gross FDI could exceed USD 100 billion this year, representing significant growth over the previous fiscal year's USD 81.04 billion.