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        Customs & Trade

        HIGHLIGHTS

        February 3, 2026

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        New Delhi, Feb 3 (PTI) Following are the top stories at 9 PM TOP STORIES DEL100 BIZ-LD FM-INDOUS (7.28 PM)

        India's exports to get boost with US cutting tariff: FM Nirmala Sitharaman New Delhi: US President Donald Trump's decision to slash tariffs on Indian goods to 18 per cent augurs well for the country as it will boost exports, Finance Minister Nirmala Sitharaman said Tuesday. By Vijay Joshi

        DEL117 BIZ-LDALL INDIA-US TRADE PACT (8.53 PM)

        India-US trade pact: India firewalls agri, dairy sector; sees boost to exports New Delhi: India has built guardrails to protect sensitive agriculture and dairy sector in the concessions it has agreed with the US in exchange for Washington lowering tariffs on Indian goods - a move that is seen pushing up exports from labour-intensive sectors like apparel, footwear and jewellery.

        PAR15 LS- MOTION-RAHUL-LD BOOK (5.46 PM)

        Rahul authenticates article on ex-army chief's 'memoir' on India-China conflict; LS impasse remains New Delhi: Leader of the Opposition Rahul Gandhi on Tuesday authenticated a copy of an article in the Lok Sabha which cited former army chief M M Naravane's unpublished 'memoir' but it failed to end the impasse over the matter, leading to a brief adjournment.

        NATION DEL40 NDA-LD PAR MEETING (3.23 PM)

        India-US trade deal a 'big decision': PM Modi at NDA MPs meet New Delhi: Prime Minister Narendra Modi on Tuesday said the India-US trade deal is a "big decision" that will benefit everyone in the country, and asserted that his government always works in favour of the nation.

        DEL77 RAHUL-US-2NDLD TRADE DEAL (5.39 PM)

        Rahul on Indo-US trade deal: PM buckled under pressure to sell out farmers' blood & sweat New Delhi: Congress leader Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi buckled under US pressure to finalise a trade deal and “sold out” the hard work of the Indian farmers through the agreement.

        DEL114 BIZ-INDIA-RUSSIAN-OIL (8.39 PM)

        India to restrict Russian oil buy, import only where supplies are irreplaceable: Sources New Delhi: India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source.

        DEL105 MAMATA-LD-SIR (7.36 PM)

        Will support if motion for impeachment of CEC is brought, says Mamata New Delhi: West Bengal Chief Minister Mamata Banerjee, who is in the national capital as part of her intensified campaign against the ongoing SIR in her state, on Tuesday called for the impeachment of Chief Election Commissioner Gyanesh Kumar and sought to rally support from other opposition parties on the issue.

        PAR29 LS-2NDLD SUSPENSION (6.46 PM)

        Eight members suspended from Lok Sabha for 'unruly behaviour' New Delhi: In an escalation of the tussle between the government and the opposition, seven Congress members and one CPI-M MP were suspended from the Lok Sabha on Tuesday for 'unruly behaviour' after they tore papers and threw them at the Chair.

        DEL106 BJP-LD MANIPUR (7.47 PM)

        Y Khemchand Singh elected Manipur BJP legislature party leader; woman Kuki leader to be deputy CM New Delhi: Y Khemchand Singh was elected as the leader of the BJP legislature party in Manipur on Tuesday, paving the way for the formation of a popular government in the northeastern state with him as chief minister.

        DEL99 RAHUL-SPEAKER (7.23 PM)

        Blot on democracy: LoP Rahul lodges protest with Lok Sabha Speaker for not being allowed to speak New Delhi: Leader of Opposition Rahul Gandhi on Tuesday wrote to Lok Sabha Speaker Om Birla, lodging his strong protest for disallowing him to speak in the House on a matter of national security and terming it a "blot" on our democracy.

        MDS25 AP-SIT-RECOMMENDATIONS (8.36 PM)

        Laddu row: CBI recommends action against TTD officials for 'omissions, failures' in tender terms Amaravati: In a significant development, the CBI has asked the Andhra Pradesh government to take suitable action against senior TTD officers, including former members, for alleged "deliberate omissions and failures" in tender conditions, leading to the supply of adulterated ghee to make the famous Tirupati laddu.

        LEGAL LGD30 SC-WHATSAPP-LD META (6.52 PM)

        SC slams WhatsApp, Meta over privacy policy, says will pass interim order on Feb 9 New Delhi: In a stinging rebuke to global tech giants, the Supreme Court on Tuesday told Meta Platforms Inc and WhatsApp that they cannot "play with the right to privacy of citizens in the name of data sharing" and alleged that they were creating a monopoly in the market and committing theft of private information of customers.

        LGD25 SC-WANGCHUK (5.38 PM)

        Wangchuk detained for instigating people in border area: Centre to SC New Delhi: The Centre and the Union Territory of Ladakh administration told the Supreme Court on Tuesday that climate activist Sonam Wangchuk was detained for instigating people in a border area where regional sensitivity is involved.

        BUSINESS DEL93 BIZ-VAISHNAW-MANUFACTURING (6.53 PM)

        PLI 2.0 after finalising details with mobile, IT firms; tech jobs to cross 1.5 cr: Vaishnaw New Delhi: The government is in discussions with mobile phone makers, IT firms and other electronics manufacturing companies for the next version of the production linked incentive scheme before getting approval from the Cabinet, Union Electronics and IT minister Ashwini Vaishnaw said.

        FOREIGN FGN44 RUSSIA-INDIA-2NDLD OIL (6.22 PM)

        Russia has not received any message from India about stopping oil purchases: Kremlin spokesman Moscow: Russia has not heard any statements from India about stopping Russian oil purchases, Kremlin spokesman Dmitry Peskov said on Tuesday. By Vinay Shukla

        FGN40 UK-INDIA-FTA (5.44 PM)

        India-UK FTA offers strategic benefits for rules-based trade, British peers conclude London: The “historic” free trade agreement (FTA) with India offers strategic benefits and stability to businesses at a particularly challenging time for international commerce and rules-based trade, according to a UK parliamentary scrutiny report on Tuesday. By Aditi Khanna

        PTI APL APL

        India US trade pact reduces US tariffs to 18% with safeguards for agriculture and measures to boost labour intensive exports. The India-US trade understanding reduces US tariffs on Indian goods to 18 percent while preserving agricultural and dairy safeguards to protect sensitive domestic producers, aims to boost labour intensive exports, and includes implementation modalities that may restrict certain energy imports as part of the concessions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                India US trade pact reduces US tariffs to 18% with safeguards for agriculture and measures to boost labour intensive exports.

                                The India-US trade understanding reduces US tariffs on Indian goods to 18 percent while preserving agricultural and dairy safeguards to protect sensitive domestic producers, aims to boost labour intensive exports, and includes implementation modalities that may restrict certain energy imports as part of the concessions.





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