tariff reduction

Mumbai, March 27 For consumers in Maharashtra State Electricity Distribution Company (Mahavitaran) who use up to 100 units per month, the average tariff will decrease from ₹7.31 to ₹7.10.Over five years, the electricity tariff for this category is set to decline by 26 per cent. Prior to the...

Amaravati, March 24 Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday ordered a reduction in power purchase costs and a series of reforms aimed at stabilizing the state's energy utilities.During a review meeting with Energy Department officials, the CM emphasized bringing down the...

Chandigarh, March 6 Electricity tariffs have been reduced by up to Rs 1.50 per unit for domestic consumers and up to 79 paise for commercial users as the power regulator, Punjab State Electricity Regulatory Commission (PSERC), announced a new tariff order for 2026-27, to be implemented from...

Chandigarh, March 6 Punjab Power Minister Sanjeev Arora announced on Friday that the power tariff for domestic consumers has been reduced by 70 paise per unit, and for commercial consumers, it has been reduced by up to 79 paise per unit.The new power tariff will come into effect from April 1...

Bengaluru, March 4 The Karnataka Electricity Regulatory Commission has reduced electricity tariffs for agricultural pump sets for 2025–26 from the earlier uniform rate of Rs 8.30 per unit to a range of Rs 6.57 to Rs 7.79 per unit across the state.However, the Commission has increased tariffs...

New Delhi, February 27 Commerce Minister Piyush Goyal on Friday said that India is closely monitoring developments following the US Supreme Court's ruling against tariffs, pointing out that the joint statement on the proposed interim trade deal provides for a rebalancing of the agreement "should...

New Delhi, February 21 The Indian government is examining the developments regarding US tariffs and their implications, the Commerce Ministry said on Saturday."We have noted the US Supreme Court's judgment on tariffs yesterday (Friday). US President Donald Trump has also addressed a press...

New Delhi, February 20 A three-day meeting between Indian and American officials to finalize the legal text for an interim trade agreement will begin in the US on February 23, an official said on Friday.Earlier this month, India and the US released a joint statement to announce that a...

Washington, Feb 19 – The newly announced India-US trade framework is a “positive development” that could unlock significant export gains for both countries, deepen supply chain integration, and inject fresh momentum into the broader strategic partnership, a former US Commerce Department official...

New Delhi, February 18 – Prime Minister Narendra Modi met his Croatian counterpart, Andrej Plenkovic, on Wednesday and discussed the early implementation of the India-European Union Free Trade Agreement (FTA), further strengthening bilateral ties.The two leaders met on the sidelines of the AI...

The textile sector has welcomed the Interim Trade Agreement between India and the US. Speaking to Akashvani News, Sanjeev Saran, former Chairman of the Manmade Textiles Export Promotion Council and current member of Export Promotion, stated that the tariff reduction will benefit exporters. Mr...

New Delhi, February 16 A team of Indian officials will visit the US next week to finalize the legal text for a temporary trade agreement, which is likely to be signed in March, Commerce Secretary Rajesh Agrawal said on Monday.The visit is likely to begin on February 23.Earlier this month...

The India-US Bilateral Trade Agreement provides strong safeguards to protect the interests of Indian farmers and domestic producers. It represents a significant turning point in trade relations between the two countries.It also expands export opportunities through duty-free access for various...

New Delhi, February 15 According to an official, the India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026.On July 24, 2025, India and the UK signed the Comprehensive Economic and Trade Agreement (CETA), under which 99 per cent of Indian exports...

Pune, February 15 CNH, an Italian-American agricultural equipment firm, plans to resume full-scale tractor exports to the US and invest approximately ₹1,800 crore over the next two to three years, capitalizing on a recent India-US trade agreement that reduced tariffs on Indian goods to 18 per...

New Delhi, Feb 9 India will offer duty concessions based on quotas in the automotive sector, while access to alcoholic beverages has been offered under tariff reduction and minimum import price-based formulations under the trade agreement with the US, the government said on Monday.It also said...

New Delhi, February 9 The finalization of a framework for signing a trade agreement between India and the US has provided immediate certainty and predictability to domestic exporters regarding tariffs, experts say.According to the framework, the US will reduce reciprocal tariffs on India to 18...