Business Economy India International News

PM Modi, US President Trump Discuss Bilateral Ties and West Asia Situation

New Delhi: Prime Minister Narendra Modi on Tuesday held a telephonic conversation with US President Donald Trump, reviewing progress in bilateral relations and discussing key global issues. The two leaders expressed satisfaction over the progress achieved in cooperation across multiple sectors and reaffirmed their commitment to further strengthening the India-US Comprehensive Global Strategic Partnership. They Read More…

International News

U.S. Slaps 25% Tariff on Indian Exports; Textile, IT, Auto, and Pharma Stocks Tumble

Indian stock markets witnessed sharp tremors after the United States announced a sweeping 25% tariff on Indian exports, effective August 1, along with additional penalties tied to India’s oil and defense deals with Russia. The move sent shockwaves across key export-dependent sectors—textiles, pharmaceuticals, auto components, and IT services—triggering a broad sell-off on the bourses. Stocks Read More…

International News

Donald Trump Lands in Saudi Arabia, Kicks Off Gulf Visit Aimed at Securing Economic Deals

Riyadh, Saudi Arabia: Former U.S. President Donald Trump has arrived in Saudi Arabia, marking the beginning of a high-profile Gulf visit aimed at bolstering economic ties and exploring new trade and investment opportunities in the region. Upon landing in Riyadh, Trump was welcomed with a warm reception by Saudi officials, signaling the importance the Kingdom Read More…

International News

Trump’s 25% Tariff Plan on Steel & Aluminium Triggers Alarm in India

New Delhi: Former U.S. President Donald Trump’s renewed threat of a 25% tariff on steel and aluminium imports has set off concerns in India, raising fears of dumping, market disruptions, and a global trade shake-up. A similar move during Trump’s previous tenure led to widespread protectionist policies, hurting Indian steel and aluminium exports. Experts warn Read More…

International News

Trump’s Tariff Delay Sparks Asia-Pacific Market Surge, Boosting Investor Confidence

Asian markets soared on Tuesday, February 4, 2025, as U.S. President Donald Trump announced a one-month delay in imposing tariffs on Mexico and Canada, easing trade tensions and fueling investor optimism. Major indices across the region recorded significant gains, with Japan’s Nikkei 225 rising 1.64% to 39,140.41 points and South Korea’s Kospi climbing 1.63% to Read More…

International News

Trump Imposes Tariffs on Mexico, China, and Canada, Declares ‘They Can Do Nothing Now’

Washington, D.C.: In a dramatic escalation of trade tensions, U.S. President Donald Trump has enforced fresh tariffs on imports from Mexico, China, and Canada, vowing to protect American industries from what he calls unfair trade practices. Declaring, “They can do nothing now,” Trump reaffirmed his administration’s tough stance on global trade imbalances. The tariffs include Read More…

International News

Trump Proposes Ending Income Tax, Advocates for Taxing Foreign Nations to Boost U.S. Economy

In a bold move that has turned heads across the political spectrum, former U.S. President Donald Trump recently hinted at a game-changing proposal: eliminating the federal income tax. Speaking at a campaign rally, Trump argued that the U.S. should shift its tax burden from American citizens to foreign nations, particularly those that benefit from trade Read More…

India News

PM Modi to Visit White House in February After Talks with Trump on Immigration and Trade

Prime Minister Narendra Modi is set to visit the White House in February 2025, following a recent phone conversation with U.S. President Donald Trump. The leaders discussed pivotal issues, including immigration, trade, and defense cooperation. President Trump emphasized India’s increased purchase of American-made security equipment and the need for a more balanced trade relationship. This Read More…

International News

Trump Administration Pauses Foreign Aid for 90-Day Review, Exempting Israel and Egypt

President Donald Trump signed an executive order halting U.S. foreign development aid for 90 days to evaluate its efficiency and alignment with his “America First” policy. This sweeping directive has led to a global suspension of most aid programs, impacting billions allocated to health, education, and development initiatives. However, military financing for Israel and Egypt, Read More…