<p>While India is still waiting for the start of PM Modi's dream project i.e. Bullet Train, a UAE-based firm has proposed a unique idea that can boost tourism and connectivity between Mumbai and <a title="Dubai" href="https://www.truescoopnews.com/newsdetail/dubai-week-uae-take-center-position-global-leaderhttps://www.truescoopnews.com/newsdetail/dubai-week-uae-take-center-position-global-leader" target="_blank" rel="noopener">Dubai</a>. It is no secret that in the past few years, Indians commuting to Dubai as tourists or even for work has increased significantly. A UAE-based firm has seen the opportunity and proposed an underwater train system for travellers. Yes! you heard it right.&nbsp;</p>
<h2>Mumbai to Dubai underwater train details</h2>
<p>As per UAE&rsquo;s National Advisor Bureau Limited, an underwater rail link between Dubai and Mumbai has been proposed which could reduce travel time to just two hours. As per Moneycontrol, National Advisor Bureau Limited proposed the plan a few years back but since then there have been no major&nbsp;updates on its approval or development.</p>
<p>A YouTube account, claiming to represent the National Advisor Bureau Limited, also shared a video showing how the rail link will look once constructed. However, due to its complex engineering requirements, the project is expected to demand an investment of billions of dollars.</p>
<h2>Mumbai Underwater Train to Dubai</h2>
<p>While India and Dubai are already connected via air, it is a well-known fact that the majority of travellers in India still opt for railways as it is pocket friendly. As per reports, the Mumbai-Dubai Underwater Train is envisioned as an alternative to air travel, which will carry both passengers and cargo between both cities.&nbsp;</p>
<p>Furthermore, if passed it could facilitate the movement of goods, including crude oil, between India and the UAE. This may also enhance the bilateral trade between the countries.</p>
<p>As per the report, if the Modi Government sees potential in the plan and approves it, then it is said to be completed by 2030. As per reports, the train between Mumbai and Dubai will be designed in such a way that will run between 600 km/h and 1,000 km/h. The distance between Mumbai and Dubai will be only 2 hours. As per reports, the train will cover a 1,200-mile (approximately 2,000 km) long underwater train between Dubai and Mumbai.</p>
<p>It is pertinent to mention here that discussions are still ongoing, and further developments will depend on approvals and financial investments.&nbsp;</p>

It is no secret that in the past few years, Indians commuting to Dubai as tourists or even for work has increased significantly

Mumbai to Dubai via underwater train? UAE firm proposes unique idea, check start date if approved

<p>Bollywood diva <a title="Malaika Arora" href="https://www.truescoopnews.com/newsdetail/malaika-arora-birthday-lesser-known-facts-about-chaiyya-chaiyya-girl" target="_blank" rel="noopener">Malaika Arora</a> has taken IPL 2025 by storm after she enjoyed Rajasthan Royals vs Chennai Super Kings' match in Guwahati. Malaika Arora was seen in the stands enjoying an <a title="IPL 2025" href="https://www.truescoopnews.com/stories/crorepatri-lakhpati-players-who-debut-ipl-2025" target="_blank" rel="noopener">IPL 2025</a> match with Rajasthan Royals' Director of Cricket &amp; former Sri Lankan batting legend Kumar Sangakkara. After their photo together went viral on social media, fans started to speculate that Malaika Arora is dating Kumar Sangakkara. In fact, many entertainment portals also hinted at Malaika Arora Kumar Sangakkara Dating rumors.&nbsp;</p>
<h2>Truth behind Malaika Arora dating Kumar Sangakkara reports</h2>
<p>A source close to the actress was quoted by HT who said, "Just because two people are sitting next to each other doesn't mean they are dating. People should stop concocting such baseless stories."</p>
<p>It is pertinent to mention here that True Scoop tried to dig further in order to find out if there is an iota of truth. As per IMDB, Kumar Sangakkara is currently married to Yehali Sangakkara, and they have been married since 2003. They also have two children.&nbsp;</p>
<p>For those who are unaware, Malaika Arora parted ways with Bollywood actor Arjun Kapoor last year after being in a relationship with him since 2018. Arjun confirmed his single status during the promotions of Singham Again. Before Arjun, Malaika was married to Arbaaz Khan, brother of Salman Khan. Before Sangakkara, Malaika Arora's name was linked to Vikram Phadnis as the dup were spotted on a dinner date. Vikram Phadnis is an Indian fashion designer and film director.</p>
<p>&nbsp;</p>

Malaika Arora was seen in the stands enjoying an IPL 2025 match with Rajasthan Royals' Director of Cricket & former Sri Lankan batting legend Kumar Sangakkara

Fact Check: Is Malaika Arora dating Rajasthan Royals' Director of Cricket Sangakkara? Here's the truth

<p>OTT lovers in India on Thursday went gaga after Amazon Prime Video announced <a title="Panchayat" href="https://www.truescoopnews.com/newsdetail/panchayat-fans-root-abhishek-tripathi-stay-phulera-want-hero-fail" target="_blank" rel="noopener">Panchayat</a> Season 4 Release Date. Panchayat 4 OTT Release Date was among the most searched query among fans on social media. Fans often bombarded Amazon Prime Video's comment section asking about Panchayat Season 4 OTT Release Date. Finally, on the occasion of the series completing its 5 years, the streaming giant come up with an answer but with hilarious style.&nbsp;</p>
<h2>Panchayat Season 4 OTT Release Date</h2>
<p>Prime Video released Panchayat Season 4 Release date announcement video that featured Gopi Bahu played by Giaa Manek, viral Bhupinder Jogi, and other viral sensations. The video also features Jitendra Kumar who plays the main character of Sachiv Ji aka Abhishek Tripathi.&nbsp;</p>
<h2>When and where to watch Panchayat Season 4?</h2>
<p>Panchayat Season 4 will be released on Amazon Prime Video on July 2, 2025. Created by The Viral Fever, directed by Deepak Kumar Mishra, and written by Chandan Kumar, Panchayat Season 4 will carry forward the story of Phulera and now it will revolve around the Panchayat Mukhiya election which was showcased at the end of season 3.&nbsp;</p>
<p><a title="Panchayat Season 3" href="https://www.truescoopnews.com/newsdetail/what-alhuaa-meeting-bhushan-aka-banrakas-viral-dialogue-meaning-panchayat-season-revealed" target="_blank" rel="noopener">Panchayat Season 3</a> was released in 2024. Panchayat 4 will see Jitendra Kumar, Raghubir Yadav, Neena Gupta, Sanvikaa, Chandan Roy, Durgesh Kumar, Ashok Pathak, Faisal Malik, and Sunita Rajwar as leads.</p>
<p>Amazon Prime Video's Panchayat will have a total of 5 seasons. The director of Panchayat mentioned the series will have five seasons. "We made sure that we made the right content and retained the core soul of the show. We wanted to take the story forward organically. However, we have to make sure that the new season is more entertaining and emotional,&rdquo; Deepak Kumar Mishra was quoted as saying.</p>
<p>Panchayat Season 3 featured Jitendra Kumar as Abhishek Tripathi, Secretary of Gram Panchayat, Neena Gupta as Manju Devi Dubey, Pradhan, Raghubir Yadav as Brij Bhushan Dubey, Manju Devi's Husband, Pradhan-Pati, Durgesh Kumar as Bhushan aka Banrakas, Sunita Rajwar as Kranti Devi, Bhushan's wife and Manju Devi's rival, and more in the leading roles.</p>

Panchayat 4 OTT Release Date was among the most searched queries among fans on social media. 

Panchayat Season 4 release date announced; Know when & where to watch much-awaited series

<p>American magazine Forbes recently released the much-awaited list of the world's richest people i.e. Forbes 2025 <a title="World's Richest People." href="https://www.truescoopnews.com/newsdetail/who-superbillionaires-forbes-new-category-ultra-rich-indians-billionaires" target="_blank" rel="noopener">World's Richest People.</a> As per Forbes, the United States has a record 902 billionaires, followed by China (516, including Hong Kong) and India (205). 10 richest Indians who are on the Forbes list are- Mukesh Ambani, Gautam Adani, Savitri Jindal &amp; family, Shiv Nadar, Dilip Sanghvi, Cyrus Poonawala, Kumar Birla, Lakshmi Mittal, Radhakishan Damani, and Kushal Pal Singh. True Scoop brings you a list of Indian billionaires whose roots are from Punjab.&nbsp;</p>
<h2>1)&nbsp;&nbsp;Sunil Bharti Mittal</h2>
<p>With a net worth of $12.1 billion, Sunil Bharati Mittal is on the 195th spot on Forbes World's richest list. As per reports, Sunil Bharati Mittal hails from Ludhiana, Punjab and has also been a Rajya Sabha MP from Ludhiana on Congress ticket. Sunil Bharati Mittal&nbsp;is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri, and food among other ventures. For the unversed, Bharti Airtel, the group's flagship company is one of the world's largest telecom companies.</p>
<h2>2) Rajan Bharti Mittal</h2>
<p>With a net worth of $7.9 billion, Rajan Bharti Mittal ranks 390 on the Forbes 2025 list. Rajan Bharti Mittal is the brother of Sunil Bharati Mittal who is born in Ludhiana, Punjab. As per reports, Rajan Bharti Mittal did his graduation from Panjab University and later completed his master's at Harvard Business School. Rajan Bharti Mittal, along with his brothers Sunil and Rakesh, set up Bharti Enterprises, an import business, in 1980.&nbsp;</p>
<h2>3)&nbsp;Rakesh Bharti Mittal</h2>
<p>With $7.9 billion, Rakesh Mittal, brother of Rajan and Sunil Bharti Mittal, ranks 390 on the Forbes List. &nbsp;He is a recipient of the Udyog Ratna Award 2023 from the Panjab University</p>
<h2>4) Lachhman Das Mittal</h2>
<p>With a net worth of $6 billion, Lachhman Das Mittal ranks 581 on the Forbes 2025 world's richest list. Hailing from Hoshairpur, Punjab, Lachhman Das Mittal is the owner and chairman of the Sonalika Group. Sonalika is basically a tractor-manufacturing automotive company.&nbsp;</p>
<h2>5) Harindarpal Banga</h2>
<p>Harindarpal Banga, Amritsar-born Chairman &amp; CEO of The Caravel Group, ranks 1219 on Forbes 2025 list with a $3B net worth. His firm operates in resources trading, maritime services, and asset management.</p>
<h2>6) Gurbachan Singh Dhingra</h2>
<p>Gurbachan Singh Dhingra, vice chairman of Berger Paints has net worth of $3 Billion. His grandfather started paint business in Amritsar in 1898 in Amritsar.&nbsp;</p>

As per Forbes, the United States has a record 902 billionaires, followed by China (516, including Hong Kong) and India (205).

6 richest Indian billionaires with Punjab roots who made it into Forbes 2025 World's richest people list

<p>American magazine Forbes recently released the much-awaited list of the world's richest people i.e. Forbes 2025 World's Richest People. As per Forbes, the United States has a record 902 billionaires, followed by China (516, including Hong Kong) and India (205). 10 richest Indians who are on the Forbes list are- Mukesh Ambani, Gautam Adani, Savitri Jindal &amp; family, Shiv Nadar, Dilip Sanghvi, Cyrus Poonawala, Kumar Birla, Lakshmi Mittal, Radhakishan Damani, and Kushal Pal Singh. True Scoop brings you a list of Indian billionaires whose roots are from Punjab.&nbsp;</p>
<h2>1)&nbsp;&nbsp;Sunil Bharti Mittal</h2>
<p>With a net worth of $12.1 billion, Sunil Bharati Mittal is on the 195th spot on Forbes World's richest list. As per reports, Sunil Bharati Mittal hails from Ludhiana, Punjab and has also been a Rajya Sabha MP from Ludhiana on Congress ticket. Sunil Bharati Mittal&nbsp;is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri, and food among other ventures. For the unversed, Bharti Airtel, the group's flagship company is one of the world's largest telecom companies.</p>
<h2>2) Rajan Bharti Mittal</h2>
<p>With a net worth of $7.9 billion, Rajan Bharti Mittal ranks 390 on the Forbes 2025 list. Rajan Bharti Mittal is the brother of Sunil Bharati Mittal who is born in Ludhiana, Punjab. As per reports, Rajan Bharti Mittal did his graduation from Panjab University and later completed his master's at Harvard Business School. Rajan Bharti Mittal, along with his brothers Sunil and Rakesh, set up Bharti Enterprises, an import business, in 1980.&nbsp;</p>
<h2>3)&nbsp;Rakesh Bharti Mittal</h2>
<p>With $7.9 billion, Rakesh Mittal, brother of Rajan and Sunil Bharti Mittal, ranks 390 on the Forbes List. &nbsp;He is a recipient of the Udyog Ratna Award 2023 from the Panjab University</p>
<h2>4) Lachhman Das Mittal</h2>
<p>With a net worth of $6 billion, Lachhman Das Mittal ranks 581 on the Forbes 2025 world's richest list. Hailing from Hoshairpur, Punjab, Lachhman Das Mittal is the owner and chairman of the Sonalika Group. Sonalika is basically a tractor-manufacturing automotive company.&nbsp;</p>

4 richest Indian billionaires with Punjab roots who made it into Forbes 2025 World's richest people list

<p>American magazine Forbes recently released the much-awaited list of the world's richest people i.e. Forbes 2025 <a title="World's Richest People." href="https://www.truescoopnews.com/newsdetail/who-superbillionaires-forbes-new-category-ultra-rich-indians-billionaires" target="_blank" rel="noopener">World's Richest People.</a> As per Forbes, the United States has a record 902 billionaires, followed by China (516, including Hong Kong) and India (205). 10 richest Indians who are on the Forbes list are- Mukesh Ambani, Gautam Adani, Savitri Jindal &amp; family, Shiv Nadar, Dilip Sanghvi, Cyrus Poonawala, Kumar Birla, Lakshmi Mittal, Radhakishan Damani, and Kushal Pal Singh. True Scoop brings you a list of Indian billionaires whose roots are from Punjab.&nbsp;</p>
<h2>1)&nbsp;&nbsp;Sunil Bharti Mittal</h2>
<p>With a net worth of $12.1 billion, Sunil Bharati Mittal is on the 195th spot on Forbes World's richest list. As per reports, Sunil Bharati Mittal hails from Ludhiana, Punjab and has also been a Rajya Sabha MP from Ludhiana on Congress ticket. Sunil Bharati Mittal&nbsp;is the founder and chairman of Bharti Enterprises, which has diversified interests in telecom, insurance, real estate, education, malls, hospitality, Agri, and food among other ventures. For the unversed, Bharti Airtel, the group's flagship company is one of the world's largest telecom companies.</p>
<h2>2) Rajan Bharti Mittal</h2>
<p>With a net worth of $7.9 billion, Rajan Bharti Mittal ranks 390 on the Forbes 2025 list. Rajan Bharti Mittal is the brother of Sunil Bharati Mittal who is born in Ludhiana, Punjab. As per reports, Rajan Bharti Mittal did his graduation from Panjab University and later completed his master's at Harvard Business School. Rajan Bharti Mittal, along with his brothers Sunil and Rakesh, set up Bharti Enterprises, an import business, in 1980.&nbsp;</p>
<h2>3)&nbsp;Rakesh Bharti Mittal</h2>
<p>With $7.9 billion, Rakesh Mittal, brother of Rajan and Sunil Bharti Mittal, ranks 390 on the Forbes List. &nbsp;He is a recipient of the Udyog Ratna Award 2023 from the Panjab University</p>
<h2>4) Lachhman Das Mittal</h2>
<p>With a net worth of $6 billion, Lachhman Das Mittal ranks 581 on the Forbes 2025 world's richest list. Hailing from Hoshairpur, Punjab, Lachhman Das Mittal is the owner and chairman of the Sonalika Group. Sonalika is basically a tractor-manufacturing automotive company.&nbsp;</p>

<p>An autonomous self-driving vehicle has been patented by Tata Motors, offering reforms in the field of transportation of both passengers and goods. The vehicle has been named as Tata YU.&nbsp;</p>
<p>Its concept has been brainstormed at Strate School of Design of Bangalore in just six months. The vehicle is a combination of designs by two designers, Ansuman Mallik and Atmaj Verma, who were spearheaded by a team of <a href="https://www.truescoopnews.com/newsdetail/explainer-all-need-know-about-mechanism-revising-mps-salaries">mentors</a> from Tata Motors and Design School - Ajay Jain from Tata Motors, Thomas Dal, Dean of Strate School and Design Bangalore and Edmund Spitz, HOD of the Transportation Department at Strate School and Design. &nbsp;</p>
<h2>Tata YU - A Concept -</h2>
<p>It is to be noted that Tata YU is still a concept, but it holds immense importance for Tata Motors as it gives a space for innovative thinking. Accordingly, it is anticipated that this <a href="https://www.truescoopnews.com/newsdetail/google-launches-paid-research-internships-usa-know-eligibility-criteria-how-apply">vehicle</a> will turn into reality by 2030 or beyond.&nbsp;</p>
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<p>Tata YU is an electric motor with a compact design, with dimensions measuring 3,700 mm in length and 1,500 mm width and 1,800 mm in height. However, the details regarding the battery capacity are yet to be revealed.&nbsp;</p>
<p>The vehicle will be providing transportation services for both cargo and passengers. According to the reports, the central part of the vehicle could be used for e-commerce services and can carry various product boxes of different sizes. It will be equipped with an automatic sorting system, which would help in the allocation of deliveries from <a href="https://www.truescoopnews.com/newsdetail/saweety-boora-viral-video-haryana-boxing-champ-accuses-husband-attracted-towards-men">warehouses</a> to their respective destinations based on their priorities.&nbsp;</p>
<p>Notably, the vehicle offers direct delivery of packages, which reduces the time wasted.&nbsp;</p>
<p>At one time, the vehicle can provide a seat for two passengers. To use the service, the passengers have to download an application specially designed for this vehicle. The <a href="https://www.truescoopnews.com/newsdetail/saweety-boora-viral-video-haryana-boxing-champ-accuses-husband-attracted-towards-men">application</a> will provide options to add all the required data for traveling. This vehicle will also provide service like a taxi.&nbsp;</p>
<h2>Who will handle the software integration?</h2>
<p>According to the details shared by the officials, the software will be connected with gig workers, who will perform deliveries through an application and will get a commission for their services.&nbsp;</p>

It is to be noted that Tata YU is still a concept, but it holds immense importance for Tata Motors as it gives a space for innovative thinking.

Tata Motors unveils Tata YU: Know possible launch date of compact yet extraordinary vehicle

<p>An autonomous self-driving vehicle has been patented by Tata Motors, offering reforms in the field of transportation of both passengers and goods. The vehicle has been named as Tata YU.&nbsp;</p>
<p>Its concept has been brainstormed at Strate School of Design of Bangalore in just six months. The vehicle is a combination of designs by two designers, Ansuman Mallik and Atmaj Verma, who were spearheaded by a team of <a href="https://www.truescoopnews.com/newsdetail/explainer-all-need-know-about-mechanism-revising-mps-salaries">mentors</a> from Tata Motors and Design School - Ajay Jain from Tata Motors, Thomas Dal, Dean of Strate School and Design Bangalore and Edmund Spitz, HOD of the Transportation Department at Strate School and Design. &nbsp;</p>
<h2>Tata YU - A Concept -</h2>
<p>It is to be noted that Tata YU is still a concept, but it holds immense importance for Tata Motors as it gives a space for innovative thinking. Accordingly, it is anticipated that this <a href="https://www.truescoopnews.com/newsdetail/google-launches-paid-research-internships-usa-know-eligibility-criteria-how-apply">vehicle</a> will turn into reality by 2030 or beyond.&nbsp;</p>
<p>Tata YU is an electric motor with a compact design, with dimensions measuring 3,700 mm in length and 1,500 mm width and 1,800 mm in height. However, the details regarding the battery capacity are yet to be revealed.&nbsp;</p>
<p>The vehicle will be providing transportation services for both cargo and passengers. According to the reports, the central part of the vehicle could be used for e-commerce services and can carry various product boxes of different sizes. It will be equipped with an automatic sorting system, which would help in the allocation of deliveries from <a href="https://www.truescoopnews.com/newsdetail/saweety-boora-viral-video-haryana-boxing-champ-accuses-husband-attracted-towards-men">warehouses</a> to their respective destinations based on their priorities.&nbsp;</p>
<p>Notably, the vehicle offers direct delivery of packages, which reduces the time wasted.&nbsp;</p>
<p>At one time, the vehicle can provide a seat for two passengers. To use the service, the passengers have to download an application specially designed for this vehicle. The <a href="https://www.truescoopnews.com/newsdetail/saweety-boora-viral-video-haryana-boxing-champ-accuses-husband-attracted-towards-men">application</a> will provide options to add all the required data for traveling. This vehicle will also provide service like a taxi.&nbsp;</p>
<h2>Who will handle the software integration?</h2>
<p>According to the details shared by the officials, the software will be connected with gig workers, who will perform deliveries through an application and will get a commission for their services.&nbsp;</p>

<p>In a massive development, US President Donald Trump on Thursday (India Timing)&nbsp;announced a 26% tariff (reciprocal, i.e. tit for tat tariff) on India. In his address, <a title="Donald Trump" href="https://www.truescoopnews.com/newsdetail/india-charging-auto-tariffs-trumps-100-claim-wrong" target="_blank" rel="noopener">Donald Trump</a> said that India is very strict. Modi is my good friend, but he is not treating us properly. Donald Trump outlined that he is imposing a 'discounted tariff' on India adding, "India imposes up to 52% tariff on America, so America will impose a 26% tariff on India. We will charge about half the tariff that other countries are charging from us. So, the tariffs will not be completely reciprocal. I could have done this, but it would have been difficult for many countries. We did not want to do this."</p>
<p>Apart from India, Trump also announced that a 34% tariff will be imposed on China, 20% on the European Union, 25% on South Korea, 24% on Japan, 46% on Vietnam, and 32% on Taiwan. Not only this but a&nbsp;10% baseline (minimum) tariff will be imposed on all goods coming to America from other countries. Baseline tariffs will be implemented on April 5 and reciprocal tariffs will be implemented after 12 midnight on April 9. Baseline tariffs are imposed on imports under normal rules of trade, while reciprocal tariffs are imposed in response to tariffs imposed by another country.</p>
<p>Now, the question arises: what products does India export to the US and quite obviously are slated to be costlier for US citizens? Below is all you need to know-&nbsp;</p>
<h2>What India exports to the US?</h2>
<p>As per reports, in 2024, India's main exports to the US included drug formulations and biologicals (USD 8.1 billion), telecom instruments (USD 6.5 billion), precious and semi-precious stones (USD 5.3 billion), petroleum products (USD 4.1 billion), gold and other precious metal jewellery (USD 3.2 billion), ready-made garments of cotton, including accessories (USD 2.8 billion), and products of iron and steel (USD 2.7 billion).</p>
<p>On the other hand, India imported crude oil (USD 4.5 billion), petroleum products (USD 3.6 billion), coal, coke (USD 3.4 billion), cut and polished diamonds (USD 2.6 billion), electric machinery (USD 1.4 billion), aircraft, spacecraft and parts (USD 1.3 billion), and gold (USD 1.3 billion).</p>
<p>With the US, India has a trade surplus (the difference between imports and exports) of USD 35.32 billion in goods in 2023-24. This was USD 27.7 billion in 2022-23, USD 32.85 billion in 2021-22, USD 22.73 billion in 2020-21, and USD 17.26 billion in 2019-20.</p>
<h2>Top 5 products India exports to the US in 2024-25</h2>
<ul>
<li>Petroleum</li>
</ul>
<p>Export Value: ₹4.31 lakh crore<br>Tariff: 0% - 0.75%</p>
<ul>
<li>Pharmaceuticals &amp; Medicines</li>
</ul>
<p>Export Value: ₹1.49 lakh crore<br>Tariff: 0% - 0.75%</p>
<ul>
<li>Telecom Instruments</li>
</ul>
<p>Export Value: ₹1.46 lakh crore<br>Tariff: 0%</p>
<ul>
<li>Pearls &amp; Precious Stones</li>
</ul>
<p>Export Value: ₹0.99 lakh crore<br>Tariff: 0%</p>
<ul>
<li>Electronic Machinery &amp; Equipment</li>
</ul>
<p>Export Value: ₹0.92 lakh crore<br>Tariff: 0%</p>
<h2>What will get costlier for the US citizens?</h2>
<p>It is assumed that whatever is exported from India to the US will get costlier. However, there are some items that India exports to the US that have been kept aside from the reciprocal tariffs. As per reports, the White House issued a list of commodities that have been spared, for now.&nbsp;The list spells good news for India as pharmaceutical sector has &lsquo;temporarily&rsquo; dodged the levies. At present, India charges a 10 percent tariff on American pharma imports.</p>
<p>On the other hand, the US does not charge any tariffs on pharma imports from India. The list of goods that have been exempted from Trump's tariffs&nbsp;includes semiconductors, lumber articles, copper and gold apart from pharma products. The list also includes energy and certain minerals that are not available in the US.</p>
<p>The White House also said that aluminium and steel articles along with auto and auto components are also exempted as they are already subject to Section 232 duties.</p>
<h2>India&rsquo;s Top Trading Partners in 2023-24</h2>
<p>China remains India's largest trading partner with a total trade value of $118.41 billion. However, India faces a massive trade deficit of $85.09 billion due to high imports ($101.75 billion) compared to exports ($16.66 billion).</p>
<p>The United States is the only country among the top 10 with which India enjoys a trade surplus of $36.74 billion. India's exports to the US stood at $77.52 billion, while imports were $40.77 billion.</p>
<p>The UAE ranks third with a trade value of $83.65 billion, but India has a trade deficit of $12.39 billion.</p>
<p>Russia emerges as a key trading partner with total trade at $65.69 billion, but India's trade deficit is significant at $57.17 billion, primarily due to increased oil imports.</p>
<p>Saudi Arabia follows with total trade of $43.37 billion, leading to a deficit of $20.25 billion.</p>
<p>Singapore, Iraq, Indonesia, Hong Kong, and South Korea complete the top 10 list, all showing trade deficits for India, with figures ranging from $6.79 billion (Singapore) to $14.72 billion (South Korea).</p>

Apart from India, Trump also announced that a 34% tariff will be imposed on China, 20% on the European Union, 25% on South Korea, 24% on Japan, 46% on Vietnam, and 32% on Taiwan

Trump Tariff Impact Explained: What India exports & products that will become costlier in the US

<p>In a massive development, US President Donald Trump on Thursday (India Timing)&nbsp;announced a 26% tariff (reciprocal, i.e. tit for tat tariff) on India. In his address, <a title="Donald Trump" href="https://www.truescoopnews.com/newsdetail/india-charging-auto-tariffs-trumps-100-claim-wrong" target="_blank" rel="noopener">Donald Trump</a> said that India is very strict. Modi is my good friend, but he is not treating us properly. Donald Trump outlined that he is imposing a 'discounted tariff' on India adding, "India imposes up to 52% tariff on America, so America will impose a 26% tariff on India. We will charge about half the tariff that other countries are charging from us. So, the tariffs will not be completely reciprocal. I could have done this, but it would have been difficult for many countries. We did not want to do this."</p>
<p>Apart from India, Trump also announced that a 34% tariff will be imposed on China, 20% on the European Union, 25% on South Korea, 24% on Japan, 46% on Vietnam, and 32% on Taiwan. Not only this but a&nbsp;10% baseline (minimum) tariff will be imposed on all goods coming to America from other countries. Baseline tariffs will be implemented on April 5 and reciprocal tariffs will be implemented after 12 midnight on April 9. Baseline tariffs are imposed on imports under normal rules of trade, while reciprocal tariffs are imposed in response to tariffs imposed by another country.</p>
<p>Now, the question arises: what products does India export to the US and quite obviously are slated to be costlier for US citizens? Below is all you need to know-&nbsp;</p>
<h2>What India exports to the US?</h2>
<p>As per reports, in 2024, India's main exports to the US included drug formulations and biologicals (USD 8.1 billion), telecom instruments (USD 6.5 billion), precious and semi-precious stones (USD 5.3 billion), petroleum products (USD 4.1 billion), gold and other precious metal jewellery (USD 3.2 billion), ready-made garments of cotton, including accessories (USD 2.8 billion), and products of iron and steel (USD 2.7 billion).</p>
<p>On the other hand, India imported crude oil (USD 4.5 billion), petroleum products (USD 3.6 billion), coal, coke (USD 3.4 billion), cut and polished diamonds (USD 2.6 billion), electric machinery (USD 1.4 billion), aircraft, spacecraft and parts (USD 1.3 billion), and gold (USD 1.3 billion).</p>
<p>With the US, India has a trade surplus (the difference between imports and exports) of USD 35.32 billion in goods in 2023-24. This was USD 27.7 billion in 2022-23, USD 32.85 billion in 2021-22, USD 22.73 billion in 2020-21, and USD 17.26 billion in 2019-20.</p>
<h2>What will get costlier for the US citizens?</h2>
<p>It is assumed that whatever is exported from India to the US will get costlier. However, there are some items that India exports to the US that have been kept aside from the reciprocal tariffs. As per reports, the White House issued a list of commodities that have been spared, for now.&nbsp;The list spells good news for India as pharmaceutical sector has &lsquo;temporarily&rsquo; dodged the levies. At present, India charges a 10 percent tariff on American pharma imports.</p>
<p>On the other hand, the US does not charge any tariffs on pharma imports from India. The list of goods that have been exempted from Trump's tariffs&nbsp;includes semiconductors, lumber articles, copper and gold apart from pharma products. The list also includes energy and certain minerals that are not available in the US.</p>
<p>The White House also said that aluminium and steel articles along with auto and auto components are also exempted as they are already subject to Section 232 duties.</p>
<h2>India&rsquo;s Top Trading Partners in 2023-24</h2>
<p>China remains India's largest trading partner with a total trade value of $118.41 billion. However, India faces a massive trade deficit of $85.09 billion due to high imports ($101.75 billion) compared to exports ($16.66 billion).</p>
<p>The United States is the only country among the top 10 with which India enjoys a trade surplus of $36.74 billion. India's exports to the US stood at $77.52 billion, while imports were $40.77 billion.</p>
<p>The UAE ranks third with a trade value of $83.65 billion, but India has a trade deficit of $12.39 billion.</p>
<p>Russia emerges as a key trading partner with total trade at $65.69 billion, but India's trade deficit is significant at $57.17 billion, primarily due to increased oil imports.</p>
<p>Saudi Arabia follows with total trade of $43.37 billion, leading to a deficit of $20.25 billion.</p>
<p>Singapore, Iraq, Indonesia, Hong Kong, and South Korea complete the top 10 list, all showing trade deficits for India, with figures ranging from $6.79 billion (Singapore) to $14.72 billion (South Korea).</p>