Mr Modi did not mention the tariffs or the US in his speech that lasted nearly two hours. Last week, US president Donald Trump imposed an additional 25 per cent tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations.

India would not accept any compromise when it comes to the interests of its farmers, cattle-rearers and fishermen, Prime Minister Narendra Modi said Friday as the country wrestles with steep tariffs imposed by the US following breakdown of trade talks.

India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting the government’s fiscal deficit, helping to offset the fallout from higher US tariffs.

Why it matters: Simplifying GST could ease compliance for millions of businesses, boost disposable incomes, and stimulate demand at a time when US tariffs threaten India’s exports. For PM Modi, this is both an economic and political gamble: revamping GST ahead of state elections signals urgency to spur growth and investor confidence.

Lawmakers and business leaders in India calling on people to boycott U.S. products in response to Donald Trump's tariff threats.

Prime Minister Narendra Modi laid out a bold new vision for India's economic future — driven by strategic tariffs and a global Swadeshi movement. Speaking from the Red Fort, Modi declared that India is ready not just to be self-reliant,

PM Modi also pointed to the transformation in the mobile phone sector, noting that “Eleven years ago, India imported most of its mobile phones. Today, the majority of Indians use Made in India phones, and India now manufactures and exports 30 to 35 crore mobile phones annually.”

Indian Prime Minister Narendra Modi is set to make a trip to China later this month, his security chief confirmed Tuesday during talks with