New Delhi: With mounting pressure from U.S. tariffs and European Union sanctions targeting nations trading in Russian oil, India is signaling a potential policy overhaul to safeguard its energy security and national interests. The Ministry of External Affairs (MEA) has hinted that a strategic recalibration may be on the horizon as global geopolitical dynamics grow Read More…
Prime Minister Narendra Modi has rejected mounting U.S. pressure over India’s continued purchase of Russian oil, even as former President Donald Trump escalates the trade standoff with a 25% tariff on Indian imports. The move, aimed at curbing global oil trade with Moscow, comes with threats of even harsher penalties unless Russia agrees to a Read More…
New Delhi: In a strong response to former US President Donald Trump’s recent jibe calling India a “dead economy,” Prime Minister Narendra Modi has underlined the country’s economic priorities and renewed his push for Swadeshi (self-reliant) manufacturing and trade. Trump’s comments came just days after he announced a 25% import tariff on Indian goods, effective Read More…
Washington: In a sweeping move likely to shake global trade dynamics, U.S. President Donald Trump has signed an executive order imposing steep additional tariffs on imports from 70 countries, including a 25% duty on goods from India. The new tariffs, effective from August 7, come amid stalled trade negotiations and rising geopolitical friction. The hardest-hit Read More…
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…
With Donald Trump’s July 9 deadline fast approaching, India is in a high-stakes race to finalize a critical trade deal and avoid a fresh wave of steep U.S. tariffs. As part of a last-minute diplomatic push, Indian and American negotiators are working overtime to iron out the final wrinkles in a mini trade agreement that’s Read More…
The Kerala Water Authority (KWA) has proposed a sweeping revision to its water tariff system, introducing building size as a new factor in determining water bills—alongside actual consumption. If approved by the state government, this could result in significantly higher water bills, especially for larger homes and commercial establishments. Under the new proposal, a minimum Read More…
U.S. President Donald Trump has imposed a 26% reciprocal tariff on Indian imports as part of a broader global trade strategy. While this move presents challenges for India’s export sectors, several factors could still work in India’s favor. Despite the tariff hike, India enjoys a comparative advantage over key Asian competitors. China faces a 34% Read More…
High-stakes discussions on trade, tariffs, and visa policies are set to take center stage as former U.S. President Donald Trump and Indian Prime Minister Narendra Modi prepare for crucial talks. With both nations striving to bolster economic and strategic ties, the meeting is expected to address key issues impacting bilateral relations. Trade tensions, particularly tariff-related Read More…
New York: U.S. President Donald Trump has reiterated his warning to BRICS nations, including India, against replacing the U.S. dollar with an alternative currency. Speaking after being sworn in as the 47th President on Monday, Trump declared that any such move would result in a 100% tariff on trade with the U.S. “If BRICS nations Read More…