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The joint statement calls for countries to eliminate structural excess capacity, including by ending non-market policies and practices that distort markets.
India backs US-led drive against ‘excess capacity’

India joins a US-led initiative to address structural excess manufacturing capacity in sectors like solar, steel, and petrochemicals, aiming to…

Updated: October 9, 2026 05:13 IST
The US is India’s largest market for goods with exports of $ 86.5 billion in 2025-26.
India draws red line as US passes law for hefty Russia tariffs

India strongly opposes the US Sanctioning Russia and Iran Act threatening tariffs on Russian oil purchases, affirming its commitment to…

Updated: September 18, 2026 07:21 IST
UPI charges should be based on costs, not US trade pressure: GTRI

India must protect its UPI policies from US pressure, ensuring competition, policy autonomy, and sustainability in its digital payments ecosystem…

Updated: August 7, 2026 08:35 IST
India-US Trade Deal: New US Tariff Move Puts Pressure on Talks
Trump’s new 10% tariff on India: What it means for the trade deal, and why GTRI urges caution

The India-US trade deal faces challenges as the US introduces new tariffs under Section 301, targeting imports linked to forced…

Updated: July 24, 2026 13:07 IST
Indian exports-to-US
Indian exports to US go back to MFN tariffs on Friday

Indian exporters gain tariff relief as the 10% Section 122 import surcharge in the US expires, with 92% of exports…

Updated: July 24, 2026 08:39 IST

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Q&A | ‘We expect industrial demand to recover’: TCS MD & CEO K Krithivasan
Q&A | ‘We expect industrial demand to recover’: TCS MD & CEO K Krithivasan
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TCS expects resilient demand in key international markets, led by banking, manufacturing and technology, while inflation and tariffs pressure essential retail. AI revenue has exceeded a $3 billion annualised run rate—about 10% of revenue—with productivity gains typically offset by new business. Margins were flat amid hiring and investment costs; the company plans tighter cost controls.

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